UUSA.c reports high-grade samples & expands land package. Kraken Energy’s (CSE: UUSA) latest results from the Garfield Hills Property are very promising. Eight grab samples were recovered, returning assay results from 0.006 to 0.324% U3O8. In the uranium exploration game, anything above .3% is considered high-grade.
Following these results, UUSA has increased its land package at Garfield Hills, bringing the total area of the property to 1,246 hectares.
The company is also preparing for a drill campaign at its flagship Apex Project, which leadership has stated has the potential to be America’s largest producing uranium mine.
UUSA.c is currently trading at $.7, valued at $37.94 million.
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