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Kraken Energy Commences Drilling Program at Flagship Apex Uranium Property, Nevada

Kraken Energy Commences Drilling Program at Flagship Apex Uranium Property, Nevada

Kraken Energy在內華達州Apex鈾旗艦項目開始鑽探項目
newsfile ·  2023/11/15 08:00

Priority Drill Targets Significantly Expand the Mineralized Trend Along Strike from the Past-Producing High-Grade Uranium Apex Mine

優先鑽探目標顯著擴大了過去生產的高品位鈾頂點礦的走向沿線的礦化趨勢

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.

不列顛哥倫比亞省溫哥華--(新聞文件公司-2023 年 11 月 15 日)- Kraken Energy Corp.(CSE:UUSA)(場外交易代碼:UUSAF)(“公司” 或 “Kraken Energy”) 很高興地報告,它已在其位於內華達州中部的100%持股、過去生產的旗艦Apex鈾礦業(“Apex” 或 “地產”)開始了首個鑽探計劃。

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”)的鑽探計劃將瞄準一個走向長度超過2千米(“km”)的礦化區域,該區域由兩個獨立的目標區域組成,緊鄰過去生產的Apex礦山。該公司已獲得批准,可以最初在8個鑽孔的24個鑽孔中鑽出長達2,200米(7,217英尺)的鑽孔。

"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首席執行官馬修·施瓦布表示:“我們非常高興能在Apex開始鑽探,那裏的歷史鑽探結果顯示,U3O8含量高達34.1米(112英尺),U3O8含量高達15.2米(50英尺),U3O8含量爲0.51%。”“由於氡異常現在是Apex礦佔地面積的5倍以上,我們的團隊對該物業的首次鑽探計劃概述的優先目標充滿信心。”

Highlights:

亮點:

  • 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).

  • 針對強烈的氡異常的優先鑽探目標與概述歷史悠久的Apex鈾礦礦的礦化接觸點的地球物理特徵相吻合。

  • BLM 已批准許可,可從 8 個墊層鑽入 24 個孔,鑽出最長 2,200 米(7,217 英尺)的鑽孔。

  • 對最近進行的VTEM和UAV磁力調查的解釋顯示,與Apex礦的鈾礦化有關的地球物理特徵似乎被北方所抵消,並繼續向西北移動。這種地球物理特徵與最近發現的強烈而一致的氡異常相吻合。

  • 在最近投放的BLM地上已經確定了超過2公里的新高優先目標潛力,該地塊遵循Apex礦的西北礦化趨勢。

  • 新定義和之前未鑽探的目標區域,預計目標深度從 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


圖 1: Apex Uranium Property 的首次鑽探計劃的目標區域

About the Apex Property:

關於Apex房產:

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鈾礦是內華達州過去生產的最大鈾礦,生產了約10.6萬磅的鈾3O8 在 20 世紀 50 年代,平均採礦品位約爲 0.25% U3O8。歷史鑽探結果包括高達 3.1 米(10 英尺)的鑽探結果,鑽探結果爲 1.33%3O8,在 0.37% U 處爲 34.1 m(112 英尺)3O8 以及 0.51% U 處的 15.2 m(50 英尺)3O8

References:

參考文獻:

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 弗朗茲·達爾坎普的《世界美國和拉丁美洲的鈾礦牀》(1965 年,第 291 頁)
2 內華達州礦業局礦業檔案 60000269,《1957年Apex礦業公司礦業報告》,由礦業地質學家哈里·休斯撰寫。
3 EPRI 報告 EA-498 “鈾價格形成”(1977 年,第 2-19 頁)
4 內華達州礦業局礦業檔案 38900096,《穿過鑽探礦體的橫截面》,Apex Minerals Corp 1959,由礦業地質學家哈里·休斯撰寫。
5 內華達州礦業局礦業檔案 38900084,《1959 年阿佩克斯礦地下作業、採樣和鑽孔平面圖》,由礦業地質學家哈里·休斯繪製。

Technical Information:

技術信息:

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.

本新聞稿中的所有科學和技術信息均由公司總裁兼首席執行官Matthew Schwab和P.Geo董事長Garrett Ainsworth編寫,或經過其審查和批准。就國家儀器43-101——礦業項目披露標準而言,施瓦布先生和安斯沃思先生均爲合格人士。

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.

本新聞稿中披露的數據與歷史鑽探結果有關。Kraken沒有對採樣進行任何獨立調查,也沒有獨立分析歷史勘探工作的結果以驗證結果。Kraken認爲這些歷史鑽探結果很重要,因爲該公司正在使用這些數據作爲規劃勘探計劃的指南。該公司當前和未來的勘探工作包括通過鑽探驗證歷史數據。

About Kraken Energy Corp.:

關於 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,正在推進其在美國的高品位鈾資產組合。該公司正在推進其100%擁有的Apex鈾礦產,該地產位於內華達州里諾以東280公里(174英里)處,裏諾被公認爲內華達州過去最大的鈾礦。該公司還簽訂了一項期權協議,以獲得加菲爾德山鈾礦業100%的股份。過去生產的加菲爾德山鈾礦產佔地1,238公頃(3,060英畝),位於內華達州礦業縣霍桑以東19公里(12英里)處。Kraken Energy最近還質押了位於內華達州埃爾科以北136公里(85英里)處的胡伯山鈾礦產,佔地1,044公頃(2580英畝),包括歷史悠久的賽道露天礦。該公司最近簽訂了一項期權協議,以獲得Harts Point鈾資產75%的股份。Harts Point鈾礦佔地2622公頃(6,480英畝),位於猶他州聖胡安縣蒙蒂塞洛西北49公里(30英里)處。

For more information about the Company, please visit; .

有關公司的更多信息,請訪問;.

On Behalf of the Board of Kraken Energy Corp.:

代表 Kraken Energy Corp. 董事會:

Matthew Schwab
President & Chief Executive Officer

馬修·施瓦布
總裁兼首席執行官

Corporate Office:
Suite 907 - 1030 West Georgia Street
Vancouver, British Columbia
V6E 2Y3
T: (604) 628-2669

公司辦公室:
西喬治亞街 1030 號 907-1030 號套房
不列顛哥倫比亞省溫哥華
V6E 2Y3
T: (604) 628-2669

For investor relations inquiries, contact:
Kin Communications Inc.
T: (604) 684-6730
E: uusa@kincommunications.com

如需諮詢投資者關係,請聯繫:
Kin通訊公司
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.

本新聞稿包含前瞻性信息,這些信息受各種風險和不確定性以及其他因素的影響,這些因素可能導致實際事件或結果與前瞻性陳述中的預測有所不同。本新聞稿中的前瞻性陳述包括我們在這些物業的勘探計劃。這些前瞻性陳述受各種風險和不確定性以及其他因素的影響,這些因素可能導致實際事件或結果與前瞻性信息中的預測存在重大差異。可能改變或阻止這些陳述實現的風險包括採礦和加工成本的變化;資本成本的增加;即將到來的工作計劃的時間和內容;基於鑽探的地質解釋,隨着更詳細的信息可能發生變化;潛在的工藝方法和礦產回收假設,基於有限的測試工作以及與進一步測試工作可能無法比較的類似礦牀的比較;所生產產品的勞動力、設備和市場的可用性;儘管該項目目前的預期可行性,但條件發生了變化,以至於我們財產上的礦物無法經濟地開採,或者可以獲得建造和運營擬議礦山所需的許可證。此處包含的前瞻性信息是截至本文發佈之日提供的,除非法律要求,否則公司不承擔更新或修改此類信息以反映新事件或情況的責任。

To view the source version of this press release, please visit

要查看本新聞稿的源版本,請訪問

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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