- Kraken Energy Corp. (UUSA) has hired MWH Geo-Surveys to conduct an unmanned aerial vehicle (UAV) magnetic and radiometric survey
- The survey will be conducted at its past-producing Apex Uranium Mine and newly acquired surrounding land package in Lander County, Nevada
- The UAV survey is a leading-edge drone technology that produces high-resolution data
- The survey is expected to begin this June
- Kraken Energy is a new energy company advancing its 100-per-cent-owned Apex project, Nevada, recognized as Nevada’s largest past-producing uranium mine
- Kraken Energy Corp. (UUSA) is up 5.04 per cent, trading at $1.25 at 3:15 pm ET
Kraken Energy (UUSA) has hired MWH Geo-Surveys to conduct an unmanned aerial vehicle (UAV) magnetic and radiometric survey at its Apex Uranium Mine.
The mine and newly acquired surrounding land package are located in Lander County, Nevada.
The UAV survey is a leading-edge drone technology that produces high-resolution data critical for identifying the geophysical signature of known uranium mineralization and for discovering new zones of uranium mineralization.
The survey is expected to begin this June.
It will cover the Apex Mine area as well as the newly acquired land package surrounding the mine, which includes multiple historic uranium showings.
“This will be the first time an airborne magnetic or radiometric survey has ever been conducted at the property,” explained Kraken Chairman, Garrett Ainsworth.
“The magnetic and radiometric data we collect from this survey will provide us with vital information to aid ground crews in refining and prioritizing potential targets ahead of a drill program planned for later this year,” he added.
Radiometric data, collected using a gamma-ray spectrometer, which simultaneously measures the dose rate, total intensity of gamma radiation, and intensity of the energy windows corresponding to potassium, uranium, thorium, and a wide range of man-made radio-nuclides, is expected to define potential near-surface uranium anomalies.
The company also announces that it has engaged King World News to provide investor relations and marketing services for a 12-month term.
Kraken Energy is a new energy company advancing its 100-per-cent-owned Apex project, Nevada, recognized as Nevada’s largest past-producing uranium mine.
Kraken Energy Corp. (UUSA) is up 5.04 per cent, trading at $1.25 at 3:15 pm ET.