UUSA make key appointments Increasing energy demands and concerns around climate change are making nuclear energy highly sought-after in the USA and around the world. As the demand for nuclear energy rises so does the demand for uranium. Kraken Energy Corp. (Ticker: UUSA.c or UUSAF for US investors) is a junior uranium company that stands out from the rest with tactically located projects in the US.
UUSA possesses three past-producing projects situated in Nevada: the Garfield Hills, Apex, and Huber Hills Projects. UUSA aims to leverage advanced technology and techniques to extract more uranium from these remarkable past producers.
Garfield Hills has exhibited promising historical drill outcomes, with one drill hole showing mineralization of 0.26% UO over 14m from 24.4 – 38.4 m. UUSA has scheduled a Phase 2 drill program at Garfield Hills later this year.
The Apex Project boasts Nevada's largest past-producing uranium mine, historically contributing to 50% of the state's uranium output. UUSA plans to initiate a drill program at the Apex Mine this quarter.
The Huber Hills Project has a production history of roughly 10,000 pounds of UO, with an average grade of 0.24% UO. Recently conducted channel samples from the location recorded UO grades of 0.149% and 0.102%, indicating significant potential for additional uranium deposits in the region.
More on UUSA's projects here: https://krakenenergycorp.com/./url]
Today, UUSA appointed Zachery Hibdon as VP of Exploration, and Carson Halliday as CFO. Hibdon has over 20 years of experience in exploration, including serving as President of a geological consulting firm where he managed drilling programs for junior corporations. Halliday has extensive experience in financial reporting and has previously worked with public companies in various sectors, primarily in mining.
More here: https://krakenenergycorp.com/news/2023/kraken-energy-announces-appointment-of-vp-exploration-and-new-cfo/
Posted on behalf of Kraken Energy Corp.