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Kraken Energy Corp C.UUSA

Alternate Symbol(s):  UUSAF

Metals & Mining Industrial Metals & Minerals
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

Kraken Energy Corp
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Post by waves1on Oct 12, 2022 12:29pm
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Post# 35019825

Drilling @ Garfield Hills to commence this month!

Drilling @ Garfield Hills to commence this month! UUSA has received permits to drill the Garfield Hills Uranium Property in Nevada for up to 5,000m, 25-hole diamond drill program to test the extent of uranium mineralization!

The Phase I program will include up to 2,000m of drilling and will commence mid-October!

Additionally, UUSA will carry out a UAV airborne radiometric and magnetic survey during Q4 2022 alongside the drill program.

UUSA has already identified several highly compelling exploration targets at Garfield Hills following multiple reconnaissance field visits over the summer.

https://ca.finance.yahoo.com/news/kraken-energy-receives-drill-permit-113000850.html
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