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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

Post by SkywalkerofLukeon Aug 11, 2022 2:31pm
113 Views
Post# 34889130

News

News

One of my top uranium picks UUSA.c UUSAF is in the green today as they announced they’ve entered into an option agreement to acquire the Garfield Hills Uranium Property in Nevada.


The property comprises 36 unpatented Bureau of Land Management mineral claims covering 720 acres. UUSA plans to conduct an airborne radiometric and magnetic survey followed by prospecting, geological mapping, and geochemical sampling that will lead to a maiden diamond drill program.


UUSA is also currently conducting a diamond drill program at the Apex Project, which is the largest past-producing uranium mine in Nevada. Great to see them add another project, will be keeping my eye out for updates.


https://www.newsfilecorp.com/release/133438

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