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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

CSE:UUSA - Post Discussion

Kraken Energy Corp > Recent News
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Post by SkywalkerofLuke on Oct 03, 2022 4:07pm

Recent News

With UUSA.c UUSAF cashed up for exploration and the US investing $4B in domestic uranium I think they’re in a great position w/ their 2 properties, 1 one of which they just expanded.


They announced last week that they saw positive results from rock grab samples at Apex and 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


A UAV magnetic and radiometric survey is now planned to provide important layers of data for regional exploration drill targeting at Apex. Great to see UUSA expanding their land package and holding above 70c. I think with some positive survey results we could see this moving, what do you guys think?


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

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