Kraken Energy Corp. is pleased to announce that it has entered into an option agreement dated effective August 9, 2022, between the Company and Robert Weicker, pursuant to which the Company, through its wholly-owned subsidiary holds an option to acquire 100% of certain mining claims, including those encompassing the Garfield Hills Uranium Property [...]
Kraken Energy Corp. is pleased to announce that it has engaged Nasco Industrial Services and Supply to conduct a diamond drill program at the Company's Apex Uranium Project in Lander County, Nevada. NISS, whose clients include Hecla Mining, First Majestic Silver, and Rio Tinto, is a leader in low-impact drilling operations utilizing centrifuge [...]
Kraken Energy Corp. is pleased to announce that it has commenced an Unmanned Aerial Vehicle magnetic and radiometric survey at its 3,580 hectare land package, which includes the past-producing Apex Uranium Mine and multiple historic uranium showings, in Lander County, Nevada. The UAV survey, which uses leading-edge drone technology that produces [...]
Kraken Energy Corp. is pleased to announce that it has submitted permits for initial drilling at its Apex project, central Nevada, to the U.S. Forest Service. "Permitting is an important next step as we advance towards an initial drill program at the Apex Property," stated Chairman, Garrett Ainsworth. "We see great potential to discover and [...]
Kraken Energy Corp. announces it has engaged Fuse Advisors Inc. to complete a desktop strategy for the production and processing of U.S. uranium. Concurrent with the engagement of Fuse, the Company also acquired mill site claims near the Apex Mine in Nevada, located on lands managed by the Bureau of Land Management. Engagement of Fuse Advisors Inc [...]
Kraken Energy Corp. announces the appointment of Mr. Troy Boisjoli as Technical Advisor to the Company. "Kraken Energy has grown rapidly over the last three months, and appointing Mr. Boisjoli to our advisory board represents another major step for the Company," stated Dave Forest, CEO of Kraken. "We are building a platform to helping meet [...]
Kraken Energy Corp. is pleased to announce that it has completed a new digital model of the past-producing Apex Uranium Mine in Lander County, Nevada using Leapfrog geological modeling software. The model incorporates available data from historic reports, including underground workings, geology, historical drillhole and underground sampling assays [...]
Uranium stocks surged Tuesday, on the news, reported by Bloomberg, that the Biden Administration is seeking $4.3 billion in funds to purchase enriched uranium, a move aimed at spurring the development of the US uranium industry. The US has long been largely dependent on Russian uranium imports to meet demand for the nuclear reactor fuel. The [...]
Kraken Energy Corp. is pleased to announce that it has engaged MWH Geo-Surveys to conduct a drone Unmanned Aerial Vehicle magnetic and radiometric survey at its past-producing Apex Uranium Mine and newly acquired surrounding land package in Lander County, Nevada. The UAV survey, which is expected to commence in June, is a leading-edge drone [...]
Kraken Energy Corp. is pleased to announce that, further to its news release dated May 25, 2022, it has completed the acquisition of all the issued and outstanding securities of Panerai Capital Corp. pursuant to the terms of a share exchange agreement dated May 24, 2022 between the Company, Panerai and the shareholders of Panerai. In connection [...]
Strategic acquisition will add approximately 8,850 acres, increasing land position at the Apex project by over 1,000%; New lands to be acquired by Kraken cover multiple historic uranium showings that extend for over 6 km from the Apex mine; Total strike length of favourable geology for uranium mineralization controlled by the Company now exceeds 13 [...]
Kraken Energy Corp. is pleased to report on soil sample geochemical results from partial soil sample lines on the Apex Uranium Property located in Lander County, Central Nevada, USA. This soil sample program was conducted as a test grid to assess the association of uranium with gold, copper, and silver . A total of 93 soil samples were recovered [...]
