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

Kraken Energy Corp

<< Previous

Bullboard Posts

Next >>

Post by StockHawk1on Oct 17, 2022 4:56pm

122 Views

Post# 35030034

Garfield Hills drill program approved

Last week Kraken Energy Corp. (UUSA.c UUSAF) shared that it has received permits to drill the Garfield Hills Uranium Property.

UUSA is permitted to drill up to 5,000 metres and up to 25 holes to test the extent of uranium mineralization at the project.

Historic drill intercepts from the '60s at the project include 14 m at 0.26% U308 and 14 m at 0.18% U3081. UUSA plans to test these findings in its drill program.

The first phase of the drill program was scheduled for mid-October so it may already be underway

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

UUSA @ $0.49

MC $26.532M

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario