Nuclear Energy's Renewed Radiance: Spotlight on UUSA.c In a market where the search for growth stocks is becoming increasingly challenging, the spotlight is turning to a unique player in the renewable energy sector - uranium stocks. The article below highlights nuclear energy's established history as a key contributor to clean energy and the concerns surrounding uranium's finite nature and explores why uranium stocks are garnering attention as a valuable source of growth in the renewable energy landscape.
https://www.msn.com/en-ca/money/other/this-renewable-energy-player-is-the-top-performing-stock-of-2023/ar-AA1jetbb
Kraken Energy Corp. (Ticker: UUSA.c or UUSAF for US investors) is dedicated to advancing its portfolio of high-grade uranium properties within the United States, thus playing a significant role in meeting the global demand for clean and reliable nuclear energy.
Recently, UUSA made headlines on Baystreet.ca's 'Stocks in Play' following the announcement of their acquisition of drilling permits for the 100%-owned Apex Uranium Property in central Nevada.
Before this latest development, UUSA expanded the Apex Property into Nevada Bureau of Land Management (BLM) territory, encompassing the promising northwest extension of uranium mineralization from the past-producing Apex Uranium Mine.
Subsequently, they identified multiple high-priority drill targets on the newly acquired lands, characterized by coincident geophysical and radon anomalies along a 2.0 km trend to the northwest of the Apex Mine, all within the expanded BLM ground.
In response to these significant discoveries, UUSA obtained approvals from the Nevada BLM for drilling operations up to 2,200 meters (7,217 feet) across 24 holes from eight designated pads. The company plans to commence drilling operations before the end of the year.
This represents a significant step for UUSA in its ongoing mission to unlock the untapped potential of high-grade uranium properties in the United States, reaffirming its commitment to innovative and sustainable energy solutions.
Full Article: https://www.baystreet.ca/stocksinplayarticles/40700/Stocks-in-Play-Kraken-Energy-Corp
Posted on behalf of Kraken Energy Corp.