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.

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Kraken Energy Corp > New Press Release - Kraken Energy Pauses Phase I Drill Program at Harts Point Uranium Property

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Comment by touaregon Aug 18, 2023 4:58pm

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Post# 35595602

RE:New Press Release - Kraken Energy Pauses Phase I Drill Program at Harts Point Uranium Property

So that's why the selling..

"The Company is and remains committed to keeping shareholders up to date with the latest developments as it continues to explore this highly prospective region."

It's a bit late right at the close on a friday when some obviously knew AND no REASON given WHY the BLM have requested a stop tp drilling?.. as usual shareholders get screwed.
Hopefully the statement "The Company anticipates being able to re-commence exploration at Harts Point shortly." will turn out to be true.. Hmm.....

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