Kraken Energy Begins Uranium Drilling in Utah

Ivor Exploration, Inc. (TSE:UUSA) has released an update.

Kraken Energy Corp. has launched its Phase I drilling program at the Harts Point Uranium Property in Utah, targeting a uranium-rich formation with a history of ‘off-scale’ radioactivity. The company’s CEO, Matthew Schwab, expressed optimism about the project’s prospects, given the property’s location in a world-class uranium jurisdiction with a significant history of uranium production and existing infrastructure for potential future milling.

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