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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 Oct 03, 2022 4:59pm
110 Views
Post# 35002587

Thoughts on sector and new summary for UUSA

Thoughts on sector and new summary for UUSA

Support/demand for nuclear as a green energy source is growing and does not seem to be stopping anytime soon.


Considering this, I think now is a crucial time to invest in uranium exploration companies, especially those with North American properties. 


Kraken Energy Corp. (UUSA.c UUSAF) is one of my picks that showed positive growth over the summer. 


The company identified 3 anomalous radon tend at its Apex Uranium project. Radon is a decay product of uranium, so these trends indicate uranium mineralization. 


UUSA also acquired the Garfield Hills Uranium Property and staked additional mining claims there after recovering rock grab samples of up to  0.324% U308. 


This Summer they also welcomed Matthew Schwa (a former NexGen Energy Ltd. key personnel) as their new CEO.


More here: https://krakenenergycorp.com/news/

 
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