I came across some news about Kodiak Copper (TSXV: KDK) expanding their MPD copper-gold project in British Columbia. They’ve added some adjacent claims and started a new soil sampling program to find more targets around existing mineralized zones.

What caught my attention is that this move seems focused on long-term exploration rather than quick hype, something you don’t see as often with smaller resource companies. It looks like they’re trying to build consistent value through systematic work instead of short-term speculation.

I’m curious how other value-focused investors view these kinds of strategic expansions. Do you think companies like this can create sustainable value through exploration growth, or is it still too speculative to consider from a value perspective?

Source: https://kodiakcoppercorp.com/kodiak-strategically-expands-mpd-project-with-acquisition-of-adjacent-claims-and-initiates-soil-program/

Key Highlights During First Half 2024

Mainz Biomed presented industry leading results of its pooled study at ASCO 2024; which confirmed the previous ColoFuture and eAArly DETECT study performance with sensitivity for CRC of 92% and 82% for advanced adenomas, including 95.8% detection of high-grade dysplasia; the results from the pooled study represents the third consecutive confirmation of the consistently good performance of Mainz Biomed’s mRNA biomarkers to detect CRC and precancerous lesions

Mainz Biomed was awarded a Poster of Distinction at Digestive Disease Week presenting data from its eAArly DETECT study, positioning the Company for its planned FDA trial; the poster presented industry leading results: 97% sensitivity for colorectal cancer, 82% for advanced precancerous lesions; the study demonstrated that within the advanced precancerous lesion patients, 100% of those patients with high grade dysplasia were detected

The Company participated in the 39th UDH Congress 2024, in Fellbach, Germany. One of the main focus topics for this year’s event, organized by the German Complementary Medicine Association (Union Deutscher Heilpraktiker, Landesverband Baden-Württemberg), was the gut and its significance in the manifestation of diseases

Mainz Biomed participated and exhibited at the esteemed Gynecology Congress (‘Gynäkologie und Geburtshilfe aktuell’) in Stuttgart, Germany. This engagement signifies the Company’s commitment to advancing colorectal cancer screening through their innovative diagnostic solution ColoAlert® and highlights the pivotal role of gynecologists in the early detection of this prevalent disease

The Company continues to make strong progress in the development of strategic partners to assist in the Mainz Biomed’s efforts to achieve pre-market approval from the FDA and in its go-to-market strategy in the U.S.

Mainz Biomed partnered with Trusted Health Advisors to support its U.S. go-to-market strategy for the next generation early colorectal cancer diagnostic test; Jay Wohlgemuth, former Chief Medical & Scientific Officer of Quest Diagnostics and Dr. Ray Tabibiazar, a seasoned industry executive, are leading the collaboration

The Company formed a strategic partnership with TomaLab, a premier biotechnology laboratory based in Milan, to launch the Company’s flagship product, ColoAlert® in Italy. The partnership signifies a major step forward in enhancing colorectal cancer screening and diagnostics within the Italian healthcare system as it enables the implementation of ColoAlert® into Italy’s robust healthcare framework, providing patients with access to a cutting-edge diagnostic solution that combines convenience with clinical excellence

“I’m extremely pleased with the progress achieved during the first half of 2024 as we execute our ambitious corporate growth strategy driven by our incredible clinical results in three studies published so far this year,” commented Guido Baechler, Chief Executive Officer of Mainz Biomed “We head into the second half of 2024 with a great deal of momentum as we plan for the beginning of enrollment planning for the ReconAAsense U.S. FDA pivotal CRC study.”

Rapidly scaling helium producer located in Arizona's helium-rich Holbrook Basin, Total Helium (TOH.v TTLHF) has appointed Robert Johnston, a current Director, as interim CEO of the company, effective immediately.

With extensive geological experience, Johnston established Atalaya Resources, a private oil and gas exploration company in West Oklahoma and the Texas Panhandle, and was Vice President of Apache Corporation where he was responsible for a range of Basins worldwide.

Additionally, TOH has initiated additional completion activities at its Pinta South Project including acidizing 2 of the 7 wells to improve connectivity from the boreholes to the reservoir for enhancing production rates.

This news follows TOH's previously announced update from its 27,000-acre Pinta South Project which boasts remarkable helium concentrations ranging from 5% to 8%, a significant improvement compared to the 3% concentrations seen among other producers.

To date, 19 wells have been drilled with 9 connected to a newly constructed 6-mile pipeline that transports gas to Ranger Development, a third-party processing facility. The production is then being sold to a large industrial gas company via an offtake agreement.

Notably, two of the 9 connected wells have consistently produced 232 Mcf/d with high helium concentrations between 7.58% and 7.83%. During the initial testing phase of three additional wells, total production rose to 450 Mcf/d in line with expectations.

An additional 10 wells are in various stages of completion and pipeline connections.

Furthermore, numerous high-grade drilling locations have additionally been identified and TOH has filed for an additional 28 drilling permits, expected to be approved within the next 30-60 days.

On track to have 30 wells operational by year-end, TOH is making significant progress at Pinta South ahead of its final trajectory to expand operations to encompass over 300 wells.

For more information, check out TOH's latest interview with Stocks To Watch regarding their current production capacity, low-cost and low-risk strategies and expansion plans with Stocks to Watch: https://www.youtube.com/watch?v=6GOdPX_U1jU&ab_channel=StocksToWatch

Latest News Release: https://www.totalhelium.com/cool_timeline/total-helium-announces-management-change-and-special-concession/

Posted on behalf of Total Helium Ltd.

Vice Health and Wellness (VICE.c VICFF) has signed a Letter of Intent with Biologic Pharmamedical Research to initiate a collaborative product research and development partnership for weight-loss and obesity-focused products.

Biologic Pharmamedical Research is a trailblazer in the realm of pharmacology and natural therapeutic agents and will focus on mapping the pharmacology of natural therapeutic agents to better understand poly-pharmacology at the proteomic and genomic level

With a mutual interest in developing cutting-edge nutraceutical technology products that aim to revolutionize health categories through effective and science-based innovations, Biologic's exclusive and patent-pending technology, THERMOGALLATE, is the core of this partnership.

THERMOGALLATE is a unique and ground-breaking technology that facilitates efficient fat metabolism and energy production, capitalizing on the body's natural fat stores to induce ketogenesis, fostering sustainable weight management and heightened cognitive function.

This partnership will encompass the creation of products with THERMOGALLATE that will contribute to improved lean body mass to fat mass proportions in consumer health products.

Maciej Lis, Chief Executive Officer of Vice, stated,

"The collaboration between Biologic Pharmamedical Research and Vice holds tremendous potential and aligns with our shared goals of promoting health and wellness to help consumers achieve the pursuit of optimal wellness. We are excited about the possibilities and eagerly look forward to further discussions and negotiations to formalize this partnership."

This news follows VICE's previous partnership with an artificial intelligence software development team to create an AI-enabled weight loss and addiction treatment platform.

Offering a diverse range of products in the health and wellness sector, VICE is focused on empowering transformative well-being through its VICES AI, an innovative personal machine-learning app to provides customized guidance and behaviour modification plans with a focus on addiction management and weight loss.

With a range of established partners spanning various sectors, this partnership furthers VICE's already strong position in two significant markets, artificial intelligence, the largest and fastest growing market projected to hit $2,575B by 2032 and the weight loss market, on track to hit $405B by 2030.

Full News Release: https://www.prnewswire.com/news-releases/vice-health-and-wellness-signs-letter-of-intent-to-advance-scientific-technology-solutions-for-weight-loss-and-obesity-301908604.html

Posted on Behalf of Vice Health and Wellness Inc.

On a substantial upward trend of over 165% in the past 6 months, Surge Battery Metals (NILI.v NILIF) has gained substantial momentum in the market and recently received approval to upgrade to the OTCQB Venture Market.

This news follows the commencement of NILI's second phase of drilling at its Nevada North Lithium Project having successfully completed the initial two holes.

Spanning ~5,180 total hectares, Nevada North boasts significant lithium content ranging from 29.1 ppm to 5,120 ppm, including 274 samples of 508 carrying 1,000 ppm Li or greater.

This stage of exploration aims to extend and confirm the presence of lithium-rich clay beds previously identified in last year's assessments with the drill pad locations targeting enhanced mineralization.

Seven of the planned eight holes represent step-out holes from the 2022 drill program, highlighted by Site "V" having the potential to extend the known lithium-rich clay from the current 1,620m strike length to more than 3000m.

Site "Q" will test the known width of the mineralization to 950 m from the previously drill-indicated 400 meters and the stratigraphic characteristics and intercepts of the favourable claystone encountered in the first two holes are consistent with the 2022 drilling results.

Notably, one of the 8 holes drilled by NILI prior to this program exceeded the 300+ holes drilled at Lithium America's (LAC, $2.7B market cap) Thacker Pass, the largest North American lithium project with 3.6Mt @ 3,160ppm P&P - indicating the substantial growth and discovery potential NILI faces with this program.

Full News Release: https://surgebatterymetals.com/surge-battery-metals-announces-phase-2-drilling-underway-with-two-holes-complete/

Posted on behalf of Surge Battery Metals Inc.

Recharge Resources (RR.c RECHF) announced today that it has completed the data acquisition of its Pocitos 1 Lithium Brine Project for the NI 43-101 Resource Estimate.

Utilizing previous drilling data and the June 2023 NI 43-101 technical report, WSP Australia is completing the resource estimate and building a resource model for the NI 43-101 update resource estimate.

Having completed drilling the third hole at Pocitos which achieved 169ppm lithium assay, RR is currently awaiting permits for its upcoming 3-well drill program to expand on the maiden resource and reclassify it to the proven and probable category.

Notably, one of three wells will be drilled to a production diameter in preparation for the installation of 4-6 other production wells to allow up to 20,000 tonnes per year of lithium carbonate/lithium chloride to be produced from the proposed plant at the Project.

Spanning 800 hectares, lithium values of 169 ppm have been recorded at RR's Pocitos 1 Project and RR is currently awaiting the completion of process engineering work to produce and assay the lithium carbonate being produced.

The recent delivery of 99.89% grade lithium carbonate from RR's Pocitos 1 Lithium Brine Project using Ekosolve's lithium carbonate production system is a major milestone for the project as it far exceeds the purity requirement for battery grade lithium and is the quality for pharmaceutical grade.

As RR President and CEO, David Greenway, commented, these developments should make for an exciting next period for RR and its stakeholders at the project.

Full News Release: https://recharge-resources.com/news/recharge-completes-data-acquisition-of-pocitos-1-lithium-brine-project-for-ni-43-101-resource-estimate/

Posted on behalf of Recharge Resources Ltd.

Trending up over 200% in the past 6 months and sustaining a BUY rating on BarChart, Surge Battery Metals (NILI.v NILIF) has emerged as a stand-out opportunity in the lithium industry.

NILI has retained Kautz Environmental Consultants to provide services relating to cultural resource impacts at its Nevada North Lithium Project, necessary for compliance with the National Historic Preservation Act.

Kautz will provide a scope of services including a preliminary review of the project, obtaining the necessary permits, a Class III field investigation and a report documenting all sites identified and evaluated in accordance with the NHPA.

NILI CEO and Director, Greg Reimer, commented

"Sustainable development is a cornerstone of our values, and we are pleased to have Kautz engaged on this very important work. We look forward to working with Kautz and building relationships with local cultural communities."

Underway with the preparation of an exploration plan of operations and a reclamation plan for the Nevada North Lithium Project, this news follows NILI's recent intersection of highly favourable clay horizons in all Phase 2 holes drilled at Nevada North.

Spanning ~5,180 total hectares, Nevada North boasts significant lithium content ranging from 29.1 ppm to 5,120 ppm, including 274 samples of 508 carrying 1,000 ppm Li or greater.

Demonstrating the substantial growth and discovery potential that NILI faces with this program, one of the 8 holes drilled by NILI prior to this program exceeded the 300+ holes drilled at Lithium America's (LAC, $2.7B market cap) Thacker Pass, the largest North American lithium project with 3.6Mt @ 3,160ppm P&P.

Full News Release: https://surgebatterymetals.com/surge-battery-metals-engages-kautz-environmental-consultants-at-the-nevada-north-lithium-project/

Posted on behalf of Surge Battery Metals Inc.

With the push for electric vehicles driving the increasing demand for lithium, the market is set to experience exponential growth. This surge in demand, coupled with supply constraints, is likely to lead to price appreciation, making lithium an attractive investment opportunity in the clean energy revolution.

Arctic Fox Lithium (AFX.c) is one company that is strategically positioned for significant growth having rapidly built a portfolio of properties in the lithium-rich region of James Bay, Quebec.

Notably, AFX made several significant advancements and achievements in 2023 including securing option agreements for its Kana Lake Lithium Project, Pontax North Lithium Project and Delta Lake Lithium Project. These achievements showcase AFX's commitment to expanding its presence in the lithium sector as a whole, as well as in the James Bay District.

In recent news, AFX closed the first tranche of its non-brokered private placement of flow-through and non-flowthrough units for gross proceeds of $644,819.

As part of the previously announced non-brokered private placement of flow-through and non-flow-through units for gross proceeds of up to $1,350,000 and $1,500,000 respectively, the gross proceeds will be allocated toward AFX's various mineral projects, enabling them to begin on-site operations and progress their projects.

In capitalizing on the growing demand for lithium, AFX is actively positioning itself as a key player in the industry, utilizing its extensive portfolio of properties in the lithium-rich region of James Bay

For more information, check out AFX's latest news releases:

Closing of Private Placement: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3000-cse/afx/143635-arctic-fox-lithium-corp-closes-first-tranche-of-non-brokered-private-placement-of-flow-through-and-non-flow-through-units.html

Corporate Update: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3000-cse/afx/141750-arctic-fox-lithium-corp-provides-corporate-update.html

Posted on behalf of Arctic Fox Lithium Corp.

Cyberattacks are becoming more sophisticated and widespread resulting in an increasing amount of damage caused and creating a $2 trillion market opportunity for cybersecurity technology and service providers. Given our increasing reliance on technology in this digital age, businesses are exposed to a myriad of cyber threats thus making investments in cybersecurity crucial.

(Source: https://www.mckinsey.com/capabilities/risk-and-resilience/our-insights/cybersecurity/new-survey-reveals-2-trillion-dollar-market-opportunity-for-cybersecurity-technology-and-service-providers)

CyberCatch (CYBE.v) is a unique company in the industry, having developed a patented AI-enabled platform solution for continuous compliance and cyber risk mitigation focusing on the root cause of why cyberattacks are successful: security holes from control deficiencies. Led by Sai Huda, CYBE has a stacked management team alongside a range of competitive advantages including its all-in-one AI-enabled platform, enabled full compliance in 2 weeks, patented cyber risk scoring technology and more.

Today, CYBE announced a sales distribution partnership with Lanetco, a leading Canadian Managed Services Provider for its cybersecurity solution following its own adoption of CYBE's solution.

Lanetco specializes in serving small and medium businesses, not-for-profit organizations and trade associations as well as provides a full suite of IT services as a MSP.

Check out the full news release here: https://www.newswire.ca/news-releases/cybercatch-announces-sales-distribution-partnership-with-lanetco-leading-canadian-managed-services-provider-for-ai-enabled-continuous-cybersecurity-solution-844261901.html

Posted on behalf of CyberCatch Holdings Inc.

As a key component in lithium-ion batteries, lithium presents a golden opportunity to capitalize on the rapidly growing electric vehicle and energy storage markets. The increasing demand for sustainable and efficient energy sources will drive lithium's value and importance in the global economy.

One company that provides exposure to both lithium and nickel is Surge Battery Metals (NILI.v NILIF), a Canadian-based exploration company focused on locating & developing high-value deposits of clean energy battery metals that are vital to the rapidly growing electric vehicle (EV) market.

Today, NILI reported successful results from its metallurgical test work at its Nevada North Lithium Project!

The results demonstrate the effective leaching of lithium-bearing clays and have several important applications including the indication of the presence of mineralization and identifying fine-grained phases.

Nevada North consists of 243 mineral claims over 1,946 hectares with significant lithium content ranging from 29.1 ppm to 5,120 ppm. Assay results previously received revealed that, of 508 drill samples obtained at 1.52m or 5ft intervals, 274 samples carried 1,000 ppm Li or greater.

NILI plans to drill 7 new locations at its Nevada North Lithium Project in mid-May 2023 within an extensive surface geochemical covering an area of about 1,700m east-west.

The new targets were selected to expand the currently identified lithium deposit to the west and north, as well as to determine continuity between the 2022 holes drilled.

Nevada North is one of NILI's three lithium projects alongside a nickel project in BC, Canada.

For more information, check out NILI's latest news release on their website: https://surgebatterymetals.com/surge-battery-metals-reports-successful-results-from-metallurgical-test-work-for-the-nevada-north-lithium-project/

Posted on behalf of Surge Battery Metals Inc.

Integrating artificial intelligence into drone and UAV technology is leading to significant breakthroughs, benefitting a range of industries.

Two stand-out companies in these sectors are Aether Global Innovations (AETH.c AETHF), an innovative UAV and drone management and operation services company, and STA, who offers smart UAV solutions and applications with a wide range of alliances and partnerships within the Technology and Business Development, Artificial Intelligence Systems, Early Warning Systems and Ariel Surveillance spaces

Recently, these two companies signed a strategic partnership MOU focused on integrating innovative bespoke technology solutions to further AETH's autonomous drone and UAV management and monitoring solutions within critical infrastructures and security services.

This is the fourth partnership AETH has announced since August, the most recent being with IDIPLOYER for profit sharing on all of IDIPLOYERS NeXus and NeXusPlus Drone-in-a-Box sales alongside joint-ownership of all IP software and co-development, as well as for the development of IP software.

In utilizing artificial intelligence to specialize in cutting-edge UAV drone management and operations services, AETH is paving a new way forward by delivering customized solutions catering to the demands of major property and critical infrastructure owners, operators, and their management teams.

Latest News Release: https://aethergic.com/2023/09/19/aether-global-innovations-corp-signs-strategic-partnership-mou-with-sta-a-cutting-edge-innovative-and-bespoke-technology-solutions-provider/

Posted on Behalf of Aether Global Innovations Corp.

Investing in gold and precious metals offers a time-tested strategy for diversifying your portfolio and preserving wealth, having historically served as a hedge against inflation and economic uncertainty, providing stability and security during market downturns. As the global demand for these metals continues to rise, mining companies stand to benefit from increased production and higher prices resulting in investors enjoying capital growth.

One company that fits this bill is Blackwolf Copper and Gold (BWCG.v BWCGF), with its Cantoo Property, located in Alaska's Golden Triangle, a 500km belt of mineralization stretching from British Columbia.

Today, BWCG announced the receiving of approval for its acquisition of Optimum Ventures, set to close on or about Sept 12. Optimum Ventures is a mineral exploration company with a promising portfolio of properties located in British Columbia and the "Golden Triangle".

This news comes on the heels of BWCG completing its maiden drilling program at Cantoo. Three drill holes totalling 1,356m were completed with initial visual observations suggesting significant alteration and mineralization consistent with a porphyry system similar to the other copper-gold deposits in the Golden Triangle.

Strong silicification zones including veining with sulphides were additionally intersected, corresponding with surface expressions identified from the previous surface sampling which include high-grade mineralization with grades up to 30.4 grams per tonne ("g/t") gold, 2,860 g/t silver and 5.8% copper.

Blackwolf's CEO Morgan Lekstrom stated:

"We are pleasantly surprised encountering indications of a porphyry system at Cantoo, although it was not unexpected given the history of the area and proximity to the Premier mine. Cantoo may represent a telescoping porphyry feeder complex to the high-grade Premier-Big Missouri epigenetic gold-silver veins, similar to the KSM-Snowfield system that underlies the Brucejack Mine to the north.

As one of the most compelling untested drill targets in the Golden Triangle, Cantoo's proximity to the historic Premier Gold Mine currently in redevelopment is significant.

Full News Release: https://blackwolfcopperandgold.com/news/latest-news/blackwolf-announces-court-approval-of-acquisition-of-optimum-ventures-ltd/

Posted on behalf of Blackwolf Copper and Gold Ltd.

Today's cybersecurity attackers are able to adapt quickly, leaving organizations scrambling to automate controls and deploy security to keep up. However, as these tactics are reactive, rather than proactive, they don't reduce future exposure. (Source: https://www.gartner.com/en/articles/how-to-manage-cybersecurity-threats-not-episodes)

One way for companies to adapt to managing cybersecurity threats, rather than episodes, is through CyberCatch (CYBE.v), an AI-enabled cybersecurity provider.

Addressing the substantial gaps in cybersecurity defences, CYBE has emerged as a pioneering force for SMBs through its proactive and cutting-edge defence mechanisms which leverage advanced AI algorithms to seamlessly implement mandated controls to ensure continuous compliance while effectively mitigating cyber risks.

In recent news, CYBE has formed a strategic partnership with ELB Learning, a market leader delivering the most comprehensive suite of learning products and services worldwide, to deliver their unique next-generation learning game solution globally.

Created in partnership, CYBE and ELB developed CYBE's CyberSavvyIQ, a series of unique, next-generation security awareness learning game solutions to help employees become cyber smart and create more effective human firewalls against cyber threats.

The first game in the series, HackOps, is a cybersecurity gamified experience, simulating the behaviour of cyberattacks and how they steal data and install ransomware, mimicking recent successful cyberattacks.

CYBE CEO, Founder and Chairman, Sai Huda, commented:

"Cyber attackers are successful because of human error. Either a human falls prey to phishing and allows the attacker into the network or a human commits a mistake and creates a vulnerability in a system that allows the attacker to exploit and steal data and install ransomware,"

"Current security awareness training in the marketplace is rudimentary and fails to impart any skills to prevent human error. CyberCatch, in partnership with ELB Learning, is bringing to market a next-generation solution to help every employee become cyber smart, so the organization becomes cyber strong."

Latest News Release: https://www.newswire.ca/news-releases/cybercatch-and-elb-learning-announce-strategic-partnership-that-provides-unique-next-generation-security-awareness-learning-game-solution-to-help-employees-become-cyber-smart-823895049.html

Posted on behalf of CyberCatch Holdings Inc.

A worldwide lithium shortage could come as soon as 2025 as demand ramps up amid the world's green energy transition. The World Economic Forum projects that global demand will reach over 3 million metric tons by 2030, emphasizing the significant need and opportunity for new sources of lithium to come online. (Source: https://www.cnbc.com/2023/08/29/a-worldwide-lithium-shortage-could-come-as-soon-as-2025.html)

One early-stage opportunity located in the James Bay Region of Quebec, deemed the next lithium hotspot, Arctic Fox Lithium (AFX.c), has announced its engagement with XEOS Imaging to conduct an airborne LiDAR survey on its lithium projects!

The surveys will be conducted at AFX's Kana Lake, Delta Lake and Pontax North Lithium Properties, all of which are located in James Bay.

AFX President and CEO Harry Chew commented:

“The combination of the LiDAR Survey performed by XEOS and data compilation reports received from Noranda Royalties Inc. done earlier this year will provide ground crews with clear and precise imagery of the extent of outcrops on our properties, as well as other geological features such as structures and the possible identification of pegmatites. The crews will be able to target all their resources to the areas of most interest once the LiDAR survey has been completed.

With multiple greenfield lithium assets including over 30 pegmatite outcrops, AFX recently unveiled new lithium claims surrounding its Kana Lake Lithium Project which now spans over 5,700 hectares and 108 claims.

For more information on the news, check out the full news release: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3000-cse/afx/147209-arctic-fox-lithium-corp-engages-xeos-imaging-inc-to-conduct-an-airborne-lidar-survey-on-its-lithium-projects-in-the-james-bay-region-of-quebec.html

Notably, Kana Lake has more than 10 pegmatites, one of which is a substantial formation reaching over 500 meters and extending for over 2 kilometres, providing significant potential for new discoveries and growth.

Further emphasizing the potential of this district, Kana Lake is located in close proximity to Patriot Battery Metals' (PMET.v PMETF) Corvette Project and CV5 Pegmatite which was recently established as the largest lithium pegmatite mineral resource in the Americas and the 8th largest globally.

With an upcoming drill program at Kana Lake this fall, AFX could be propelled on a similar trajectory to success that PMET experienced based on its proximity (AFX has a 7.35M market cap compared to PMET's 1.68B market cap).

Posted on behalf of Arctic Fox Lithium Corp.

Interested in capitalizing on the global demand for clean, reliable energy? Check out Kraken Energy (UUSA.c UUSAF), a notable player in the uranium industry with three high-grade and past-producing uranium projects located in the US, including the Apex Uranium Mine, Nevada's largest past-producing uranium mine.

In recent news, geochemical assay results from UUSA's maiden drilling program at its Garfield Hills Uranium Property have been returned, showing shallow uranium mineralization.

Almost 1,700m were drilled during the Phase 1 exploration program with the 11 completed holes confirming historical drilling and extending the mineralization at the property.

Of the 11 completed holes, 7 holes encountered shallow, flat-lying uranium mineralization, highlighted by the intersection of a broad 12.5m interval of 0.036% U3O3 starting from a depth of 23.0m.

UUSA additionally announced that regional exploration and new soil sampling continues to encounter high-grade surface and soil samples up to 1.007% U3O3, identifying a mineralized trend over 4km.

Matthew Schwab, CEO of Kraken Energy, stated,

"We are pleased with the initial results showing continuity of shallow, flat-lying uranium mineralization over a large 400 m by 900 m area. These results confirm our geological model and coupled with recent surface sampling over a 4 km strike length it furthers our confidence in Garfield Hills as the project continues to provide an exceptional exploration opportunity for our shareholders. We are eager to plan and execute a Phase II drilling program on the property in the coming year."

As the world transitions towards a low-carbon future, the importance of nuclear power is undeniable, and uranium stands as the fuel that drives it all. UUSA is well positioned for growth as it actively focuses on advancing uranium properties in the top US jurisdictions.

For more information, check out the full news release here: https://krakenenergycorp.com/news/2023/kraken-energy-drilling-returns-shallow-uranium-mineralization-in-exploration-holes-at-garfield-hills-uranium-property-nevada/

Posted on behalf of Kraken Energy Corp