CanAm Uranium Corp
Click Here For : UPDATED SEPTEMBER 2007 CORPORATE PROFILE
Profile: CANAM URANIUM CORP. is a Nevada incorporated resource company focused on the strategic acquisition and development of uranium properties in prolific mining areas in Canada and the United States. These areas currently include, Bancroft Ontario, Athabasca Basin Saskatchewan, and British Columbia. CanAm Uranium Corp continues to focus on properties within Canada, Southern Africa, Australia, and the USA.
Symbol: CAUI.OB
Corporate Filings
News Releases
Stock Quote and Chart
Research
Projects
Company Highlights
CanAm Uranium Corp has made major acquisitions in the Athabasca Basin Saskatchewan and Bancroft Ontario
Over 136,000 acres of property in prolific mining areas.
Ontario
CanAm Uranium Corp in a Joint Venture with El Nino Ventures is one of the largest land holders in Bancroft Ontario
* Drill program underway in Bancroft Ontario
This work program consists of 1650 meters of drilling on a property that was once home to four past producing mines, producing a total of 14,862,653 lbs. U3O8 between 1956 -- 1982. Subject to results, a follow up drill program is planned.
CanAm Uranium Bancroft Project In Local News: Uranium Industry re-emerging in Bancroft
Saskatchewan
52km squared claim block 24 miles from McArthur River Mine
* Heliborn Survey planned for Summer 2007
The claims are located approximately 24 miles from the McArthur River mine, the largest, high-grade uranium mine in the world (reserves of 389.1 million tonnes grading 24.3% U3O8 and producing 18.7 million pounds of uranium per year).The 2007 exploration budget of Cdn$1million and will include radiometric geophysical survey (Cdn$600,000), ground proofing and mapping (Cdn$200,000) and follow-up trenching and sampling (Cdn$200,000). Recent magnetic geophysics has indicated a strong correlation to and indicates continuity with JNR Resources (TSXV – JNR) Way Lake and Moore claims.
Financing
2007 Exploration Programs
* Over $1.6 million in financing commitments
