Kraken Energy Commences Drilling Program at Flagship Apex Uranium Property, Nevada
Kraken Energy Commences Drilling Program at Flagship Apex Uranium Property, Nevada
Priority Drill Targets Significantly Expand the Mineralized Trend Along Strike from the Past-Producing High-Grade Uranium Apex Mine
优先钻探目标显著扩大了过去生产的高品位铀顶点矿的走向沿线的矿化趋势
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2023) - Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (the "Company" or "Kraken Energy") is pleased to report that it has commenced the inaugural drill program at its 100%-owned, past-producing flagship Apex Uranium Property ("Apex" or the "Property") located in central Nevada.
不列颠哥伦比亚省温哥华--（新闻文件公司-2023 年 11 月 15 日）- Kraken Energy Corp.（CSE：UUSA）（场外交易代码：UUSAF）（“公司” 或 “Kraken Energy”） 很高兴地报告，它已在其位于内华达州中部的100％持股、过去生产的旗舰Apex铀矿业（“Apex” 或 “地产”）开始了首个钻探计划。
The 2,200-meter ("m") drilling program will target a mineralized area over 2 kilometers ("km") in strike length consisting of two separate target areas immediately along strike from the past-producing Apex Mine. The Company has received approval to initially drill up to 2,200 m (7,217 ft) in 24 holes from 8 pads.
2,200米（“m”）的钻探计划将瞄准一个走向长度超过2千米（“km”）的矿化区域，该区域由两个独立的目标区域组成，紧邻过去生产的Apex矿山。该公司已获得批准，可以最初在8个钻孔的24个钻孔中钻出长达2,200米（7,217英尺）的钻孔。
"We are very excited to begin drilling at Apex, where historic drilling features results of up to 34.1 m (112 ft) at 0.37% U3O8 and 15.2 m (50 ft) at 0.51% U3O8," stated Matthew Schwab, CEO of Kraken. "With radon anomalies now over 5 times larger than the footprint of the Apex Mine, our team is confident in the priority targets outlined for this maiden drilling program on the property."
Kraken首席执行官马修·施瓦布表示：“我们非常高兴能在Apex开始钻探，那里的历史钻探结果显示，U3O8含量高达34.1米（112英尺），U3O8含量高达15.2米（50英尺），U3O8含量为0.51％。”“由于氡异常现在是Apex矿占地面积的5倍以上，我们的团队对该物业的首次钻探计划概述的优先目标充满信心。”
Highlights:
亮点：
Priority drill targets over strong radon anomalies coincide with geophysical signatures outlining the mineralized contact at the historic Apex Uranium Mine.
The BLM has approved permit to drill up to 2,200 m (7,217 ft) in 24 holes from 8 pads.
Interpretation of the recently flown VTEM and UAV magnetic surveys shows a geophysical signature associated with uranium mineralization at the Apex Mine that appears to be offset to the north where it continues trending northwest. This geophysical signature coincides with strong and consistent, recently identified radon anomalies.
Over 2 km of new high priority target potential has been identified on the recently staked BLM ground that follows the northwest mineralized trend from the Apex Mine.
Newly defined and previously undrilled target area with projected target depths ranging from 50 m to 200 m (164 ft to 656 ft).
针对强烈的氡异常的优先钻探目标与概述历史悠久的Apex铀矿矿的矿化接触点的地球物理特征相吻合。
BLM 已批准许可，可从 8 个垫层钻入 24 个孔，钻出最长 2,200 米（7,217 英尺）的钻孔。
对最近进行的VTEM和UAV磁力调查的解释显示，与Apex矿的铀矿化有关的地球物理特征似乎被北方所抵消，并继续向西北移动。这种地球物理特征与最近发现的强烈而一致的氡异常相吻合。
在最近投放的BLM地上已经确定了超过2公里的新高优先目标潜力，该地块遵循Apex矿的西北矿化趋势。
新定义和之前未钻探的目标区域，预计目标深度从 50 米到 200 米（164 英尺到 656 英尺）不等。
Figure 1: Target Areas at Apex Uranium Property for Maiden Drilling Program
图 1: Apex Uranium Property 的首次钻探计划的目标区域
About the Apex Property:
关于Apex房产：
The Apex Uranium Mine was Nevada's largest past-producing uranium mine which produced ~106,000 pounds of U3O8 in the 1950s at an average mining grade of ~0.25% U3O8. Historic drilling results include results of up to 3.1 m (10 ft) at 1.33% U3O8, 34.1 m (112 ft) at 0.37% U3O8 and 15.2 m (50 ft) at 0.51% U3O8.
Apex铀矿是内华达州过去生产的最大铀矿，生产了约10.6万磅的铀3O8 在 20 世纪 50 年代，平均采矿品位约为 0.25% U3O8。历史钻探结果包括高达 3.1 米（10 英尺）的钻探结果，钻探结果为 1.33%3O8，在 0.37% U 处为 34.1 m（112 英尺）3O8 以及 0.51% U 处的 15.2 m（50 英尺）3O8。
References:
参考文献：
1 Uranium Deposits of the World USA and Latin America, by Franz J. Dahlkamp (1965, pg 291)
2 Nevada Bureau Mines File 60000269, Report on Mines of Apex Minerals Corporation 1957, by Harry H. Hughes, Mining Geologist.
3 EPRI Report EA-498 "Uranium Price Formation" (1977, pg 2-19)
4 Nevada Bureau Mines File 38900096, Transverse Section Through Drilled Orebody, Apex Minerals Corp 1959, by Harry Hughes, Mining Geologist.
5 Nevada Bureau Mines File 38900084, Plan map of underground workings, sampling, and drill holes at the Apex mine 1959, by Harry Hughes, Mining Geologist.
1 弗朗兹·达尔坎普的《世界美国和拉丁美洲的铀矿床》（1965 年，第 291 页）
2 内华达州矿业局矿业档案 60000269，《1957年Apex矿业公司矿业报告》，由矿业地质学家哈里·休斯撰写。
3 EPRI 报告 EA-498 “铀价格形成”（1977 年，第 2-19 页）
4 内华达州矿业局矿业档案 38900096，《穿过钻探矿体的横截面》，Apex Minerals Corp 1959，由矿业地质学家哈里·休斯撰写。
5 内华达州矿业局矿业档案 38900084，《1959 年阿佩克斯矿地下作业、采样和钻孔平面图》，由矿业地质学家哈里·休斯绘制。
Technical Information:
技术信息：
All scientific and technical information in this news release has been prepared by or reviewed and approved by Matthew Schwab, P.Geo., President and CEO of the Company, and Garrett Ainsworth, P.Geo., Chairman of the Company. Each of Mr. Schwab and Mr. Ainsworth is a Qualified Person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
本新闻稿中的所有科学和技术信息均由公司总裁兼首席执行官Matthew Schwab和P.Geo董事长Garrett Ainsworth编写，或经过其审查和批准。就国家仪器43-101——矿业项目披露标准而言，施瓦布先生和安斯沃思先生均为合格人士。
The data disclosed in this news release is related to historical drilling results. Kraken has not undertaken any independent investigation of the sampling, nor has it independently analyzed the results of the historical exploration work in order to verify the results. Kraken considers these historical drill results relevant as the Company is using this data as a guide to plan exploration programs. The Company's current and future exploration work includes verification of the historical data through drilling.
本新闻稿中披露的数据与历史钻探结果有关。Kraken没有对采样进行任何独立调查，也没有独立分析历史勘探工作的结果以验证结果。Kraken认为这些历史钻探结果很重要，因为该公司正在使用这些数据作为规划勘探计划的指南。该公司当前和未来的勘探工作包括通过钻探验证历史数据。
About Kraken Energy Corp.:
关于 Kraken Energy 公司：
Kraken Energy Corp. is a new energy company advancing its portfolio of high-grade uranium properties in the Unites States. The Company is advancing its 100%-owned Apex Uranium Property, located 280 km (174 miles) east from Reno, Nevada which is recognized as Nevada's largest past-producing uranium mine. The Company has additionally entered into an option agreement to earn 100% of the Garfield Hills Uranium Property. The past-producing Garfield Hills Uranium Property covers 1,238 ha (3,060 acres) and is located 19 km (12 miles) east of Hawthorne in Mineral County, Nevada. Kraken Energy has also recently staked the Huber Hills Uranium Property, located 136 km (85 miles) north of Elko, Nevada which covers 1,044 ha (2,580 acres) and encompasses the historic Race Track open pit mine. The Company has recently entered into an option agreement to earn 75% of the Harts Point Uranium Property. The Harts Point Uranium Property covers 2,622 ha (6,480 acres) and is located 49 km (30 miles) northwest of Monticello in San Juan County, Utah.
Kraken Energy Corp. 是一家新能源公司，正在推进其在美国的高品位铀资产组合。该公司正在推进其100％拥有的Apex铀矿产，该地产位于内华达州里诺以东280公里（174英里）处，里诺被公认为内华达州过去最大的铀矿。该公司还签订了一项期权协议，以获得加菲尔德山铀矿业100％的股份。过去生产的加菲尔德山铀矿产占地1,238公顷（3,060英亩），位于内华达州矿业县霍桑以东19公里（12英里）处。Kraken Energy最近还质押了位于内华达州埃尔科以北136公里（85英里）处的胡伯山铀矿产，占地1,044公顷（2580英亩），包括历史悠久的赛道露天矿。该公司最近签订了一项期权协议，以获得Harts Point铀资产75％的股份。Harts Point铀矿占地2622公顷（6,480英亩），位于犹他州圣胡安县蒙蒂塞洛西北49公里（30英里）处。
For more information about the Company, please visit; .
有关公司的更多信息，请访问;.
On Behalf of the Board of Kraken Energy Corp.:
代表 Kraken Energy Corp. 董事会：
Matthew Schwab
President & Chief Executive Officer
马修·施瓦布
总裁兼首席执行官
Corporate Office:
Suite 907 - 1030 West Georgia Street
Vancouver, British Columbia
V6E 2Y3
T: (604) 628-2669
公司办公室：
西乔治亚街 1030 号 907-1030 号套房
不列颠哥伦比亚省温哥华
V6E 2Y3
T: (604) 628-2669
For investor relations inquiries, contact:
Kin Communications Inc.
T: (604) 684-6730
E: uusa@kincommunications.com
如需咨询投资者关系，请联系：
Kin通讯公司
T: (604) 684-6730
E: uusa@kincommunications.com
This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward-looking statements in this press release include our plans for exploration at the properties. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include changing costs for mining and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumption based on limited test work and by comparison to what are considered analogous deposits that with further test work may not be comparable; the availability of labour, equipment and markets for the products produced; and despite the current expected viability of the project, conditions changing such that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine can be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.
本新闻稿包含前瞻性信息，这些信息受各种风险和不确定性以及其他因素的影响，这些因素可能导致实际事件或结果与前瞻性陈述中的预测有所不同。本新闻稿中的前瞻性陈述包括我们在这些物业的勘探计划。这些前瞻性陈述受各种风险和不确定性以及其他因素的影响，这些因素可能导致实际事件或结果与前瞻性信息中的预测存在重大差异。可能改变或阻止这些陈述实现的风险包括采矿和加工成本的变化；资本成本的增加；即将到来的工作计划的时间和内容；基于钻探的地质解释，随着更详细的信息可能发生变化；潜在的工艺方法和矿产回收假设，基于有限的测试工作以及与进一步测试工作可能无法比较的类似矿床的比较；所生产产品的劳动力、设备和市场的可用性；尽管该项目目前的预期可行性，但条件发生了变化，以至于我们财产上的矿物无法经济地开采，或者可以获得建造和运营拟议矿山所需的许可证。此处包含的前瞻性信息是截至本文发布之日提供的，除非法律要求，否则公司不承担更新或修改此类信息以反映新事件或情况的责任。
To view the source version of this press release, please visit
要查看本新闻稿的源版本，请访问