09:33 AM EST - Kraken Energy Corp. : Reported that the Company has received permits to drill our 100%-owned, past-producing flagship Apex Uranium Property located in central Nevada. On August 28th, 2023, Kraken reported a significant expansion of the Apex Property on Nevada Bureau of Land Management ("BLM") ground that covers the potential northwest extension of uranium mineralization from the historic Apex Uranium Mine. On October 17th, 2023, the Company reported on the identification of multiple high priority drill targets comprising coincident geophysical and radon anomalies along a 2.0 km trend northwest of the Apex Mine and within the newly expanded BLM ground. Kraken has received approval from the Nevada BLM to drill up to 2,200 m (7,217 ft) in 24 holes from 8 pads and expects to commence drilling before the end of 2023. This inaugural drill program will test high priority targets immediately northwest and along trend of the historic Apex Uranium Mine in central Nevada. Kraken Energy Corp.
shares C.UUSA are trading off 2 cents at $0.24.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=UUSA%3ACNX&qmodStoryID=8948048358262311
