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Kraken Energy Corp UUSAF


Primary Symbol: C.UUSA

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.


CSE:UUSA - Post by User

Post by 1StockInformeron Apr 19, 2023 7:28pm
98 Views
Post# 35404111

UUSA.c and its past-producing projects in Nevada

UUSA.c and its past-producing projects in Nevada
As public acceptance of nuclear energy grows and the demand for carbon-neutral energy supply increases, investors are actively seeking high-potential uranium juniors to invest in. One such company worth considering is Kraken Energy Corp. (Ticker: UUSA.c or UUSAF for U.S. investors), a dynamic uranium exploration company based in the USA. UUSA.c aims to become a leading domestic uranium producer, making it an attractive investment opportunity for those interested in the future of clean and sustainable energy.
 
UUSA is focused on advancing three past-producing projects located in Nevada, its Apex, Garfield Hills, and Huber Hills Projects. Through the utilization of cutting-edge technology and innovative methods, UUSA is confident in its ability to extract additional uranium from these historically productive sites.
 
Recently, UUSA has completed significant drilling activities at its Garfield Hills project, with samples from these efforts sent to a lab for analysis. Results from the analysis are expected to be released soon, and UUSA has already shared some promising updates.
 
In their 2023 Garfield Hills drilling program, 5 drill holes returned wide zones of elevated radioactivity, with one hole intersecting 18.0m of elevated radioactivity with downhole probe readings of 251431 cps.
 
User image
 
Further prospecting and ground truthing have also outlined a mineralized surface expression of over 4km along strike EW from the current drilling area. Encouraged by these results, UUSA plans to initiate planning for a follow-up Phase 2 drilling program at Garfield Hills later this year. 
 
These developments highlight UUSA's commitment to advancing their projects and their potential as a high-potential uranium junior investment opportunity.
 
For more information on these findings at UUSA's plans for the Garfield Hills project click here: https://krakenenergycorp.com/news/2023/kraken-energy-intersects-additional-elevated-radioactivity-over-wide-zones-expanding-mineralized-footprint-at-garfield-hills-uranium-property-nevada/
 
Posted on behalf of Kraken Energy Corp.
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