UUSA to acquire new property Kraken Energy Corp. (UUSA.c UUSAF) has entered into an option agreement to acquire the Garfield Hills Uranium Property, which is comprised of 36 unpatented mineral claims (720 acres).
The property is very accessible, being located just south of HWY 95 & 19.3km from Hawthorne, Nevada.
Historical reports from the Nevada Bureau of Mines and M&M Porcupine Gold Mines Ltd. show there was high-grade uranium mineralization on the property.
Historical drill highlights from 1969 include 2 holes returned that returned 0.258% & 0.175% UO over 14 m respectively.
UUSA @ $0.73
MC $39.527M
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