Bullboard - Stock Discussion Forum 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... see more

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Kraken Energy Corp > Recent News

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Post by SkywalkerofLuke on Sep 26, 2022 3:38pm

Recent News

UUSA.c UUSAF land position looks to be shaping up nicely with their recent news. They announced last week that they saw positive results from rock grab samples at Apex and just expanded the recently acquired Garfield Hills Uranium project to 1,246 hectares.

Highlights

- 8 rock grab samples were recovered (results of 0.006 to 0.324% U308)

- Visual uranium mineralization was observed as carnotite along an 800m trend (open in all directions)

- Expanded Garfield hills by staking an additional 118 lode claims

UUSA is now planning a UAV magnetic and radiometric survey to provide important layers of data for regional exploration drill targeting at Apex. With them cashed up for exploration and the US investing $4B in domestic uranium I think they’re in a great position here w/ the 2 properties.

https://www.newsfilecorp.com/release/137733