With a Global Shortage of Uranium Ore coupled with Attractive Ore Prices, CanAm Uranium Corp. (CAUI.OB) is Uniquely Positioned for Exploration and Production
With a spot price of $135 per pound, the increase in the market price for this important commodity highlights the significance of CanAm Uranium Corp.'s exploration and development projects. CanAm Uranium Corp. (CAUI.OB) continues to make progress. The Company is actively working on compiling the data within the optioned Bancroft Ontario projects drilled, including the Halo Project and Amalgamated Rare Earth Project completed in the month of May. Bancroft is home to four past producing mines between 1956 and 1982. Bancroft was well known for its uranium, producing a total of 14,862,653 lbs U3O8 between 1956 and 1982. It is…