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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 Aug 29, 2023 8:05pm
101 Views
Post# 35610979

BWCG CEO Interview On Their Promising Drilling Program

BWCG CEO Interview On Their Promising Drilling Program

Blackwolf Copper and Gold's (TSXV: BWCG, OTC: BWCGF) CEO, Morgan Lekstrom, recently provided a comprehensive update on its ongoing drilling program at the Cantoo Gold Property, strategically positioned within the renowned Golden Triangle of Alaska and British Columbia. 


The Cantoo property's maiden drill program, launched after meticulous surface sampling, marks the first modern exploration effort at Cantoo since the 1920s. 


According to Lekstrom, BWCG has advanced approximately 360 meters into the drilling process and feedback from the Drillers has been very positive.


While the highly anticipated mineralized vein is expected to be encountered around the 450-meter mark, the company has already encountered notable mineralization along the way. 


While initially targeting four holes with alternating depths, the team is now considering focusing on two to three holes, allowing for deeper exploration. This strategic decision is driven by the proximity of Cantoo to the Premier Mine and the potential for different types of mineralization in the area.


The Cantoo property's proximity to the Premier Mine and its location within the esteemed Golden Triangle underscore its geological significance. The area's history and potential for substantial mineralization further emphasize the value of BWCG's exploration efforts.


Full interview here:

Posted on behalf of Blackwolf Copper and Gold Ltd.

 
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