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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

Kraken Energy Corp
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Post by StockHawk1on Aug 11, 2022 2:39pm
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Post# 34889176

UUSA to aquire Garfield Hills Uranium Property

UUSA to aquire Garfield Hills Uranium Property

Kraken Energy Corp. (UUSA.c UUSAF) is trading up after announcing that it has entered into an option agreement with Robert Weicker to acquire the Garfield Hills Uranium Property 


The property is comprised of 36 unpatented mineral claims covering 720 acres.


Garfield Hills is accessible, located just south of HWY 95, and 19.3 km east of Hawthorne, in Mineral County, Nevada.



Historical reports, describe high-grade uranium mineralization on the Property. 


Two historical drill holes located 183 m apart showed 0.258% UO over 14 m  and 0.175% UO over 14 m.


More here:

https://ca.finance.yahoo.com/news/kraken-energy-announces-option-agreement-120000369.html


UUSA @ $0.72

MC $38.986M

 
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