Vancouver, British Columbia – June 27, 2022 (Newsfile Corp.) (Investorideas.com Newswire) Kraken Power Corp. (CSE: UUSA) (OTCQB: UUSAF) (the “Firm” or “Kraken”) is happy to announce that it has submitted permits for preliminary drilling at its Apex undertaking, central Nevada, to the U.S. Forest Service.
“Allowing is a vital subsequent step as we advance in direction of an preliminary drill program on the Apex Property,” acknowledged Chairman, Garrett Ainsworth. “We see nice potential to find and delineate uranium mineralization throughout the now 3,906 hectare land package deal, which incorporates the historic Apex Mine space.”
The allowing covers an preliminary drill program within the space of the historic Apex Mine, focusing on mineralization beforehand labored by underground improvement on the mine.
Drilling is aimed toward testing metasediments close to the contact with an aplite dyke. Kraken’s recently-completed geologic mannequin recognized this geologic characteristic as one of many major controls on mineralization traditionally produced at Apex.
Technical Data
All scientific and technical info on this information launch has been ready by, or accepted by Garrett Ainsworth, PGeo, Chairman for the Firm. Mr. Ainsworth is a Certified Individual for the needs of Nationwide Instrument 43-101 – Requirements of Disclosure for Mineral Initiatives.
About Kraken Power Corp.
Kraken Power is a brand new vitality firm advancing its 100%-owned Apex undertaking, Nevada, acknowledged as Nevada’s largest past-producing uranium mine.
On Behalf of the Board of Kraken Power Corp.
David Forest,
CEO & Director
Company Workplace: #717 – 1030 West Georgia Avenue, Vancouver, BC, Canada V6E 2Y3
T: 604.417.2960
For investor relations inquiries, contact: Kristina Pillon, Excessive Tide Consulting Corp.
T: 604.908.1695 / E: [email protected]
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