Promising results ahead of phase 2 at Garfield Hills With nuclear power experiencing a resurgence of interest, uranium has gained considerable attention as a profitable investment opportunity, providing an avenue to capitalize.
Kraken Energy (UUSA.c UUSAF) presents a compelling opportunity as a leading junior miner that is actively focused on advancing uranium properties in key jurisdictions in the United States.
Possessing three high-grade and past-producing uranium projects located in the US, including the Apex Mine, Nevada's largest past-producing uranium mine, and Huber Hills, Elko County's largest uranium past-producer with no modern exploration to date, UUSA is favourably positioned to develop a secure supply of uranium in North America.
Exciting developments recently emerged from UUSA's third property with the return of the geochemical assay results from the maiden drilling program at its Garfield Hills Uranium Property.
Exploration revealed shallow, flat-lying uranium mineralization alongside a notable intersection occurring with the broad 12.5m interval of 0.036% U3O3 starting from a depth of 23.0m.
Regional exploration and new soil sampling efforts additionally led to the discovery of further high-grade surface and soil samples containing up to 1.007% U3O3, indicating a mineralized trend over 4km.
With the Phase 2 drilling program coming later this year, check out the full news release here: https://krakenenergycorp.com/news/2023/kraken-energy-drilling-returns-shallow-uranium-mineralization-in-exploration-holes-at-garfield-hills-uranium-property-nevada/
Posted on behalf of Kraken Energy Corp