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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 partystockeron Aug 25, 2022 3:41pm
81 Views
Post# 34920698

Expecting big things from UUSA.c.

Expecting big things from UUSA.c.

With the recent announcement that Kraken Energy (CSE: UUSA) identified anomalous radon trends at the Apex Uranium Project in Nevada, I am anticipating updates on its drill campaign even more. 


The company has yet to announce dates for drilling, however it has engaged a drilling contractor. UAV magnetic and radiometric surveying is expected to be completed in the coming weeks, and results from this surveying should provide additional important layers of data for exploration drill targeting. I expect we will hear further drill plan updates following this. 


UUSA.c is continuing a trend of consolidation around $.7 and is currently trading at $.74. The company is valued at $40.11 million. 


https://ceo.ca/@newsfile/kraken-energy-identifies-anomalous-radon-trends-at

 
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