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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

Kraken Energy Corp
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Post by partystockeron Oct 25, 2022 5:09pm
105 Views
Post# 35048042

UUSA.c prepares for drilling.

UUSA.c prepares for drilling.

Kraken Energy (CSE: UUSA) shares are up a solid 16% in the past week as the company prepares drilling plans for the Garfield Hills Uranium Project. 


UUSA recently received its drill permit for the Garfield Hills Property, where it sampled up to 0.32% U3O8 in September. Additionally, the company recently increased its land package for the project significantly. 


The company expects to complete 5,000 meters of drilling at the project, and is now ready to commence Phase I of its drill campaign. 


UUSA.c is currently trading at $.56, valued at $30.55 million. 


https://ceo.ca/@newsfile/kraken-energy-receives-drill-permit-for-garfield-hills

 
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