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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 17, 2022 4:52pm
89 Views
Post# 34903258

Info on NV's largest past-producing Uranium mine

Info on NV's largest past-producing Uranium mine

Kraken Energy (UUSA.c UUSAF) is making strides to get its Apex Uranium project on production again


Most recently the company contracted Nasco Industrial Services and Supply to conduct low-impact diamond drilling at the project


Apex contains Nevada’s largest past-producing uranium mine, which historically produced HALF of the uranium output for the state


In the 1950s Apex sold ~106,00 lbs of UO with an average grade of ~0.25% but there has been no development since. 


https://krakenenergycorp.com/apex-uranium-mine/


UUSA @ $0.70

MC $37.903M

 
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