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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.


CSE:UUSA - Post by User

Kraken Energy Corp
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Post by partystockeron Aug 10, 2022 2:48pm
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Post# 34885886

UUSA.c advances towards drilling at Apex Project.

UUSA.c advances towards drilling at Apex Project.

Kraken Energy (CSE: UUSA) has contracted Nasco to undertake drilling at the Apex Uranium Project in Nevada. The company is currently awaiting permitting so keep an eye out for updates on this. 


RadonEx surveying is also underway at Apex and the surrounding land package. Data collected from this survey will help Kraken refine priority drill targets ahead of its first drill program, planned for later this year. 


The Apex project is potentially the largest and highest-grade uranium project in the entire US. This means solid results from this survey could serve as a large catalyst ahead of drilling. 


UUSA.c is currently trading at $.70, valued at $37.9 million. 


https://ceo.ca/@newsfile/kraken-energy-engages-drill-contractor-for-drill-program

 
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