UUSA's Plans for Uranium Exploration in Nevada Approximately 20% of the electricity generated in the United States is sourced from nuclear power, making it the country with the largest nuclear fleet worldwide, consisting of 92 reactors.
More and more evidence supports that the U.S. should continue to maintain and develop its nuclear power plants. For example, this new study from MIT shows that keeping nuclear reactors running, rather than replacing them with carbon-based energy sources, is significantly better for the climate, air quality, and people's health.
https://news.mit.edu/2023/study-shutting-down-nuclear-power-could-increase-air-pollution-0410
Kraken Energy Corp. (Ticker: UUSA.c or UUSAF for U.S. investors) is an exciting uranium exploration company based in the U.S. that aims to become a prominent domestic uranium producer.
UUSA is focused on developing three past-producing projects the Apex, Garfield Hills, and Huber Hills Projects which are all located in Nevada. Leveraging modern technology and methods, UUSA believes it can extract even more uranium from these past-producing sites.
This quarter UUSA has plans to commence a drill program at the Apex Project, which contains Nevada's largest past-producing uranium mine. UUSA also plans to conduct a drill program at Huber Hills before the end of the year.
UUSA recently conducted significant drilling at its Garfield Hills projects. Samples from this drilling have already been sent to a lab for analysis and could be released any day now.
For more information on UUSA check out its deck here: https://krakenenergycorp.com/wp-content/uploads/2023/04/Kraken-Corporate-Presentation_2023-04-05.pdf Posted on behalf of Kraken Energy Corp.