In an era increasingly focused on sustainable and clean energy sources, the uranium sector is experiencing a renewed surge of interest and investment, culminating in the Uranium spot price recently reaching a 15-year high.
https://x.com/quakes99/status/1716559457650344275?s=20
One of the promising junior exploration companies in this field is Kraken Energy Corp. (Ticker: UUSA.c or UUSAF for US investors). UUSA is committed to advancing its portfolio of high-grade uranium properties within the United States, contributing significantly to the global demand for clean and dependable nuclear energy.
Yesterday, UUSA was featured on Baystreet.ca's 'Stocks in Play' after announcing the acquisition of drilling permits for its 100%-owned Apex Uranium Property in central Nevada
https://www.baystreet.ca/stocksinplayarticles/40700/Stocks-in-Play-Kraken-Energy-Corp
Prior to this development, UUSA expanded the Apex Property on Nevada Bureau of Land Management (BLM) territory, encompassing the promising northwest extension of uranium mineralization from the past-producing Apex Uranium Mine.
Subsequently, UUSA identified multiple high-priority drill targets on the newly acquired lands. These targets are marked 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 has secured 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 anticipates commencing drilling operations before the end of the year.
This marks a notable stride for UUSA as it continues its mission to unlock the untapped potential of high-grade uranium properties in the United States, demonstrating its commitment to innovative and sustainable energy solutions.
More here: https://krakenenergycorp.com/news/2023/kraken-energy-receives-drill-permit-for-flagship-apex-uranium-property-nevada/
Posted on behalf of Kraken Energy Corp.