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.

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Kraken Energy Corp

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Post by partystockeron Oct 26, 2022 2:35pm

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Post# 35050846

Hoping to see UUSA.c drill @ the Apex Mine soon.

Before drilling at the Apex Uranium Project, Kraken Energy (CSE: UUSA) is backtracking in order to perform multiple surveys that were never conducted on the property.

The company has conducted radon surveying, subsequent soil sampling, and airborne mag and radiometric surveying. Through this, the company has identified anomalous radon trends, which indicates the presence of uranium.

To my knowledge, the company is still awaiting drilling permits for the Apex project. The announcement that permits are in hand should be a big catalyst.

UUSA.c is currently trading at $.54, valued at $29.97 million.

https://twitter.com/krakenenergy1/status/1584530147482296322

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