Kraken Energy Corp.

Recent News

  • Kraken Energy Commences VTEM(TM) Airborne Geophysical Survey at Apex Uranium Property

    Vancouver, British Columbia--(Newsfile Corp. - November 22, 2022) - Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (the "Company" or "Kraken Energy") is pleased to announce it has commenced a 669 line-kilometre ("km") (416 mile) VTEM™ and magnetic airborne geophysical survey on its 100%-owned past-producing Apex Uranium Mine and surrounding property ("Apex" or "the Property") in Nevada.The survey is being flown by Geotech Ltd. and will collect both time-domain electromagnetic and magnetic data on 100 metre ("m") (328 foot) spaced...

    2022-11-22 7:30 AM EST
  • Kraken Energy Commences Drilling Program at Garfield Hills Uranium Property

    Vancouver, British Columbia--(Newsfile Corp. - November 8, 2022) - Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (the "Company" or "Kraken Energy") is pleased to report that it has commenced an inaugural drill program at its Garfield Hills Uranium Property ("Garfield Hills" or the "Property") in Nevada.A Phase I diamond drilling program designed to test the extent of uranium mineralization is now underway at the 1,238-hectare (3,060 acre) Garfield Hills Property. This program is planned for 2,000 metres ("m") of NQ...

    2022-11-08 7:30 AM EST
  • Geophysical Surveys Completed at Kraken Energy's Apex Uranium Property Identify Multiple Additional Priority Drill Targets

    Vancouver, British Columbia--(Newsfile Corp. - November 2, 2022) - Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (the "Company" or "Kraken Energy") is pleased to report that a high resolution Unmanned Aerial Vehicle ("UAV") supported magnetic and radiometric survey conducted this summer at the past-producing Apex Uranium Mine ("Apex" or the "Property") and surrounding land package in Nevada, has successfully identified multiple additional priority drilling targets.The UAV survey, which uses leading-edge drone technology to produce high-resolution data critical for identifying the...

    2022-11-02 7:30 AM EDT
  • Kraken Energy Appoints Former NexGen Energy Geologist as Senior Geologist

    Vancouver, British Columbia--(Newsfile Corp. - October 27, 2022) - Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (the "Company" or "Kraken Energy") is pleased to announce the appointment of Madeline Berry as Senior Geologist to execute exploration programs at the Company's former-producing Garfield Hills and Apex uranium mines in Nevada.Ms. Berry is an experienced geologist having worked with several mineral exploration companies, including NexGen Energy, Northern Star Resources and White Gold Corp., where she was involved in a spectrum of exploration...

    2022-10-27 7:30 AM EDT
  • Kraken Energy Receives Drill Permit for Garfield Hills Property and Announces Stock Option Grants

    Vancouver, British Columbia--(Newsfile Corp. - October 11, 2022) - Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (the "Company" or "Kraken Energy") is pleased to report that it has received permits to drill the Garfield Hills Uranium Property ("Garfield Hills" or the "Property") in Nevada.A drilling permit has been obtained from the Nevada Bureau of Land Management ("BLM") for an up to 5,000 metre ("m") (16,400 feet), 25-hole diamond drill program to test the extent of uranium mineralization that includes historic...

    2022-10-11 7:30 AM EDT
  • Kraken Energy Samples up to 0.32% U3O8 and Increases Land Package at the Garfield Hills Property

    Vancouver, British Columbia--(Newsfile Corp. - September 20, 2022) - Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (the "Company" or "Kraken Energy") is pleased to report assay results from rock grab samples recovered from reconnaissance geological fieldwork carried out in June 2022. Due to these positive results, the Company has recently staked additional unpatented mining claims adjacent to its newly acquired Garfield Hills Uranium Property (the "Property") in Nevada. Early-Stage Exploration Program Results Eight rock grab samples were recovered from...

    2022-09-20 7:30 AM EDT
  • Kraken Energy Identifies Anomalous Radon Trends at the Apex Project in Nevada

    Vancouver, British Columbia--(Newsfile Corp. - August 18, 2022) - Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (the "Company" or "Kraken Energy") is pleased to announce that a radon in soil gas survey has been completed west of the historic Apex Mine on the Apex Property in Lander County, Nevada. The radon survey was conducted by RadonEx Ltd. and comprised 444 sample locations covering a roughly rectangular 1.2 km2 area at 50 m intervals (Figure 1).The objective of the...

    2022-08-18 7:30 AM EDT
  • Kraken Energy Appoints Former NexGen Energy Ltd. Key Personnel, Matthew Schwab as New CEO

    Vancouver, British Columbia--(Newsfile Corp. - August 17, 2022) - Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (the "Company" or "Kraken Energy") is pleased to announce that effective September 6th, 2022, the Company will introduce Mr. Matthew C. Schwab, P.Geo., as President, CEO, and Director. Mr. Schwab is an accomplished geologist with extensive exploration and executive experience. His notable accolades include:Previously, Co-Founder and Senior Vice President of Axiom Exploration Group Ltd., an international consulting firm focused on the provision of geological, geophysical,...

    2022-08-17 5:30 PM EDT