Red Basin Uranium Project Site POO Review Prior To Advancement

VANCOUVER - First American Uranium Inc. met with representatives of Cebola National Forest and National Grasslands, the State of New Mexico Bureau of Geology and Mineral Resources, as well as the New Mexico Department of Game and Fish at the Red Basin project site. Consulting geologist for the Company, Frank Bain met with members of the authorities to discuss the recently updated Plan of Operations as well as impacts and benefits to local communities and the environment. The basin was heavily explored decades ago, including the drilling of many hundreds of drillholes resulting in substantial historical resource definition. The Company intends to apply modern exploration techniques to the area and to combine the data it acquires with historical information where available. Proper engagement with government authorities will be critical to this process.

“It is critical to our values to be good corporate citizens as well as environmental stewards while we advance the project through exploration milestones. It is key that we work together with the relevant authorities as well as local communities and their interests. Uranium mining in New Mexico has a long history and we want to continue to ensure that there is benefit to all stakeholders, local communities and the greater environment.” said Shawn Balaghi, First American Uranium’s CEO.“ America is in serious need of domestic uranium supply sources, and the Red Basin project has the potential to reliably provide this critical element from its location in New Mexico, roughly 200 miles away from the only operating uranium mill in America.”