Sampling Results From the Garfield Hills Property As the world continues to transition away from fossil fuels and toward electrification, there’s going to be a lot of unmet energy demand. Just look at what’s going on in countries like the UK or Germany with their electricity bills now that fossil fuel prices are through the roof. This uncertainty behind fossil fuels is a reason why nuclear energy could be the solution, as it has a minimal carbon footprint and has far more electricity generation efficiency when compared to other sources of green energy.
$UUSA.C is a company focusing on exploring promising uranium properties. They just received some assay results from the rock grab samples recovered from reconnaissance geological fieldwork carried out in June. Due to the positive results, they’ve staked additional mining claims on the Garfield Hills property.
- 8 samples returned assay results of 0.006 to 0.324% U308.
- Visual uranium mineralization was observed as carnotite along an 800-metre east-to-west trend.
- $UUSA.C plans to commence a drill program and airborne radiometric and magnetic survey in Q4, 2022.
- Going more in-depth about the mining claims, they staked an additional 118 lode claims around the existing 36 lode claims, bringing the total area of the Property to 1,246 hectares.
https://ca.finance.yahoo.com/news/kraken-energy-samples-0-32-113000659.html
Overall, $UUSA.C is moving in the right direction. With multiple promising projects (including Nevada’s largest past-producing uranium mine), their assets have the ability to push the company to the next level, especially as nuclear interest continues to rise. Definitely worth it to keep an eye out here at a $44M valuation.