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Kraken Energy Corp C.UUSA

Alternate Symbol(s):  UUSAF

Kraken Energy Corp. is a Canada-based energy company advancing its portfolio of high-grade uranium properties in the Unites States. The Company is advancing its 100%-owned Apex Uranium Property, located 280 kilometers (km) east from Reno, Nevada, which is recognized as Nevada's past-producing uranium mine. The Company has additionally entered into an option agreement to earn 100% of the Garfield Hills Uranium Property. The past-producing Garfield Hills Uranium Property covers 1,238 hectares (ha) and is located 19 km east of Hawthorne in Mineral County, Nevada. It has also recently staked the Huber Hills Uranium Property, located 136 km north of Elko, Nevada, which covers 1,044 ha and encompasses the historic Racetrack open pit mine. The Company has also entered into an option agreement to earn 75% of the Harts Point Uranium Property. The Harts Point Uranium Property covers 2,622 ha and is located 49 km northwest of Monticello in San Juan County, Utah.


CSE:UUSA - Post by User

Post by waves1on Aug 03, 2022 2:14pm
58 Views
Post# 34868873

UUSA CEO on the US uranium situation

UUSA CEO on the US uranium situation
Solid interview with UUSA's CEO Dave Forest that gives good insight into the uranium situation in America: 
https://www.youtube.com/watch?v=2-4yI3BWAOo&ab_channel=StockPulse
 
The US needs 50M lbs of uranium supply a year and there has been a push within the US for American reactors to be buying American uranium, especially with the recent 4.3B announced for the supply of domestic uranium. 
 
Sitting on Nevada's largest past-producing uranium mine, UUSA has built a considerable management team as well, with three senior executives from Next Gen Energy, one of the most successful uranium start-up companies that now has a $4B market cap!
 
UUSA is currently in the process of completing a UAV magnetic and radiometric survey and has engaged Nasco Industrial Services and Supply to conduct a diamond drill program in the near future.
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