Kraken Energy Corp C.UUSA

Alternate Symbol(s): UUSAF

Kraken Energy Corp. is a Canada-based energy company advancing its portfolio of high-grade uranium properties in the United 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.

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Kraken Energy Corp > Milestone for UUSA initial drilling program at Apex Uranium

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Post by biggonadson Jul 13, 2022 12:19pm

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Post# 34821109

Milestone for UUSA initial drilling program at Apex Uranium

Following recent permitting for initial drilling at Kraken’s flagship Apex uranium mine - the company has announced engagement with the leader in low-impact drilling operations, Nasco Industrial Services and Supply. Using low-impact drilling will allow drilling at the historic Apex Mine with minimal surface disturbance and water consumption which are critical considerations when working in Nevada and are aligned with the company’s goals of developing mineral properties in an environmentally responsible manner.

https://www.newsfilecorp.com/release/130513

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