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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

Post by SkywalkerofLukeon Nov 11, 2022 1:18pm
132 Views
Post# 35091934

Video with CEO discussing Garfield Hills Drill Program

Video with CEO discussing Garfield Hills Drill Program

Found this video with the UUSA.c UUSAF CEO discussing the commencement of their inaugural drill program at the recently expanded Garfield Hills Uranium Property.


The program is planned for 2,000 metres of NQ diameter core drilling across 25-holes, but the project is permitted for a total of 5,000 metres of drilling and the initial program may be expanded based on promising initial results.


The ceo mentioned that unlike many other uranium exploration companies UUSA’s resources are at or near surface which lowers infrastructure costs and makes them less risky. As well, he mentioned that he couldn’t have hoped for better results from the UAV survey being run at the property.


https://www.youtube.com/watch?v=Z7iZHPpiHwo

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