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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 StockHawk1on Aug 15, 2022 4:26pm
94 Views
Post# 34897567

UUSA to acquire new property

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


https://www.marketscreener.com/quote/stock/KRAKEN-ENERGY-CORP-109161818/news/Kraken-Energy-Announces-Option-Agreement-to-Acquire-Garfield-Hills-Uranium-Project-in-Nevada-41297233/?utm_campaign=promo+202102+share_article++en_us&utm_source=twitter&utm_medium=display 

 
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