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Bullboard - Stock Discussion Forum 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... see more

CSE:UUSA - Post Discussion

Kraken Energy Corp > $UUSA.c submits drilling permits for Apex Project.
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Post by partystocker on Jun 28, 2022 1:40pm

$UUSA.c submits drilling permits for Apex Project.

Permits have officially been submitted for Kraken Energy’s (CSE: UUSA) initial drill program at the Apex Uranium Project in Nevada. 


The permitting covers an initial drill program in the area of the historic Apex Mine, targeting mineralization previously worked by underground development at the mine. Drilling is aimed at testing metasediments near the contact with an aplite dyke. Kraken's recently-completed geologic model identified this geologic feature as one of the primary controls on mineralization historically produced at Apex.


The Apex Mine has the potential to be one of the largest and highest-grade uranium deposits in the entire US. For this reason, I’m really excited for $UUSA.c to clear these permits and get further exploration underway.


$UUSA.c is currently trading at $.9, seeing a 15% jump in the past three days. 


https://ceo.ca/@newsfile/kraken-energy-submits-permits-to-commence-initial-drill

 
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Kraken Energy Corp