Kraken Energy Corp. is pleased to report that the ongoing radon survey conducted at its 100%-owned Apex Uranium Property in Central Nevada has successfully identified multiple additional priority drill targets located on Bureau of Land Management "BLM" ground west and along trend of the historic Apex Uranium Mine. Interpretation of the recently flown VTEM and UAV magnetic surveys shows a geophysical signature associated [...]
Kraken Energy Corp. is pleased to announce that Matthew Schwab, Kraken Energy CEO, is scheduled to present at the 2023 Kinvestor Days Virtual Conference on September 19th, 2023 at 10:30 am PT . More details below. This year's Kinvestor Days is a 2-day virtual conference featuring a stellar lineup of presenting companies in the mining and technology industries. Hosted by Kin Communications president Arlen Hansen [...]
New claims along property-wide mineralized trend bring the Apex Property to a combined 14,892 acres of contiguous claims Kraken Energy Corp. announces that it has expanded its 100%-owned Apex Uranium Property in Central Nevada by 117 contiguous claims located on Bureau of Land Management ground along strike with a property-wide mineralized trend. The newly staked claims consist of 2,401 total acres, bringing the Property [...]
Kraken Energy Corp. announces that the Company has temporarily paused the Phase I drill program at the Harts Point Uranium Property at the request of the BLM. The Company anticipates being able to re-commence exploration at Harts Point shortly. The Company is and remains committed to keeping shareholders up to date with the latest developments as it continues to explore this highly prospective region. Technical [...]
Kraken Energy Corp. is pleased to announce that it has commenced drilling at the Harts Point Uranium Property in San Juan County, southeast Utah. With 20 drill pad locations fully permitted, the Company will first and foremost drill three holes over a 5 km strike length targeting the favorable uranium bearing Chinle Formation host rock where three historical oil and gas wells returned "off-scale" radioactivity. Upon [...]
Drilling Contractor Secured to Commence Drilling in Early July Kraken Energy Corp. is pleased to announce that it has received permits to drill the Harts Point Uranium Property in San Juan County, southeast Utah for up to 20 drill pads to test the extent of uranium mineralization across the property. The Company also announces that it has secured Major Drilling Group International Inc. out of Salt Lake City, Utah for the [...]
Additional Surface Soil Sampling Along 4 km of Strike Returns High-Grade Chemical Assays of Over 1.0% U3O8 Kraken Energy Corp. is pleased to announce geochemical assay results from its maiden drilling program at the Garfield Hills Uranium Property in west-central Nevada. A total of 1,697.2 meters were drilled in the 2022 and early 2023 Phase I exploration program. The 11 completed holes over a surface area of 400 m by 900 [...]
Kraken Energy Corp. is pleased to announce the execution of a definitive option agreement to acquire up to a 75% interest in the Harts Point Uranium Property in San Juan County, southeast Utah . This news follows the previously announced binding letter of agreement . Harts Point is located in the center of the Colorado Plateau, referred to by some as "the Athabasca Basin of the US" and is 64 kilometers north of the White [...]
Kraken Energy Corp. is pleased to announce that it has entered into a binding letter of agreement to acquire up to a 75% interest in the Harts Point Uranium Property in San Juan County, southeast Utah . The Property is located in the center of the Colorado Plateau, referred to by some as "the US version of the Athabasca Basin," and is 64 kilometers north of the White Mesa Uranium Mill, the only fully licensed and [...]
Highly Prospective, Untested Conductive Anomalies and Magnetic Highs Exist Across the Entire 14.5 km Mineralized Strike Length Within the Apex Property Kraken Energy Corp. is pleased to report on the interpretation of recently flown 669 line-kilometer VTEM™ and magnetic airborne geophysical survey on its 100%-owned Apex Property in Central Nevada. Conductive graphite and sulphides are associated with uranium [...]
Kraken Energy Corp. is pleased to announce that effective April 3, 2023, the Company will welcome Zachery Hibdon as VP Exploration, and Carson Halliday as its new Chief Financial Officer. The Company's current CFO, Vivien Chuang, has resigned from her position as an officer and director of the Company effective April 3, 2023. Zachery Hibdon's exploration experience spans more than 20 years working in North and Central [...]
Drillhole GH23-06 Intersects a continuous 14.8 m with downhole probe readings ranging from 253 to 3,364 cps Kraken Energy Corp. is pleased to announce downhole probe results from the remaining 5 drill holes of the 2023 drilling program at the Garfield Hills Uranium Property in west-central Nevada. A total of 1697.2 meters were drilled for a total of 11 completed holes during the 2022 and early 2023 drill program to [...]