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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 partystockeron Sep 28, 2022 3:57pm
63 Views
Post# 34993180

UUSA.c reports sample results and expands land package.

UUSA.c reports sample results and expands land package.

Recent sampling results from the Garfield Hills Property has led to Kraken Energy (CSE: UUSA) increasing its land package. 


Eight rock grab samples were recovered from outcrop during the reconnaissance geological fieldwork, returning assay results of 0.006 to 0.324% U308. In response to this, Kraken has staked an additional 118 lode claims, bringing the total project area to 3,080 acres. 


Kraken is also currently progressing exploration at its highly prospective Apex Uranium Project in Nevada. I’m most excited about updates on this in the near future, as the project has potential to be the largest producing uranium mine in the entire US. 


UUSA.c is currently trading at $.72, valued at $39.02 million. 


https://finance.yahoo.com/news/kraken-energy-samples-0-32-113000659.html

 
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