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Bullboard - Stock Discussion Forum 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... see more

CSE:UUSA - Post Discussion

Kraken Energy Corp > Inaugural drilling @ Garfield Hills begins
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Post by waves1 on Nov 09, 2022 1:51pm

Inaugural drilling @ Garfield Hills begins

UUSA starting the day off green after commencing the inaugural drill program at Garfield Hills! 
 
The phase I program is designed to test the extent of the mineralization with 2,000m of drilling planned across 25 holes where recent surface samples of 0.32% U308 and 14m at 0.18% U308 were reported.
 
"With our inaugural drilling program now underway at Garfield Hills, we are very excited to begin confirming and stepping out from the historically reported intercepts of significant uranium mineralization on the property," commented CEO Matthew Schwab. "Drilling Garfield Hills is a critical next step towards establishing new uranium resources in the US as part of a broader hub and spoke mining model while demand for domestically sourced energy continues to increase."
https://ca.finance.yahoo.com/news/kraken-energy-commences-drilling-program-123000741.html
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