Empowering US Uranium Independence: UUSA.c As discussed in the article below, the global nuclear energy sector is expanding, with many countries exploring plans for new plants. Nuclear energy has several advantages such as zero carbon emissions, high uptime, and smaller infrastructure requirements. Despite this, the United States is almost completely reliant on uranium imports.
https://www.thestar.com/business/opinion/2023/07/11/in-our-fight-against-climate-change-how-about-a-carbon-zero-fuel-why-nuclears-moment-is-now-.html
Kraken Energy Corp. (Ticker: UUSA.c or UUSAF for US investors) is working to increase the United States' energy independence by actively focusing on advancing its portfolio of high-grade past-producing uranium properties in the country. With projects in Nevada, including Apex, Garfield Hills, and Huber Hills, the company aims to become a prominent domestic uranium producer.
Recently, Kraken Energy obtained drilling permits for its Harts Point Property, enabling a comprehensive evaluation of uranium mineralization. The initial drilling phase wil drill holes that twin historically significant holes that demonstrated uranium presence.
The drilling program is scheduled to commence this month, marking an important milestone for the company's exploration efforts.
Full press release:
https://krakenenergycorp.com/news/2023/kraken-energy-receives-drilling-permit-for-20-drill-pad-locations-for-phase-i-drill-program-at-harts-point/ Posted on behalf of Kraken Energy Corp.