Kraken Energy Provides an Update on the Drilling Permit for the Apex Property in Nevada
Kraken Energy Corp (CSE: UUSA) (OTCQB: UUSAF) reports a delay in its Apex Property drilling plans due to the Humboldt-Toiyabe National Forest's (HTNF) decision to implement a forest-wide Uranium Safety Management Plan before approving any Plan of Operations (PoO).
Despite submitting a revised PoO in Spring 2023 and completing archaeological and biological studies in 2023-2024, including a site visit with HTNF officials in September 2024, all PoO approvals are currently on hold. The HTNF has not provided a timeline for the completion of the new safety management plan.
The company remains committed to aligning its operations with the US Forest Service's requirements and maintaining high safety and environmental standards.
Kraken Energy Corp (CSE: UUSA) (OTCQB: UUSAF) comunica un ritardo nei suoi piani di perforazione per la Apex Property a causa della decisione del Humboldt-Toiyabe National Forest (HTNF) di implementare un Piano di Gestione della Sicurezza per l'Uranio a livello forestale prima di approvare qualsiasi Piano Operativo (PoO).
Nonostante la presentazione di un PoO rivisto nella primavera del 2023 e il completamento di studi archeologici e biologici nel 2023-2024, inclusa una visita del sito con funzionari dell'HTNF a settembre 2024, tutte le approvazioni del PoO sono attualmente sospese. L'HTNF non ha fornito una tempistica per il completamento del nuovo piano di gestione della sicurezza.
L'azienda rimane impegnata ad allineare le proprie operazioni con i requisiti del Servizio Forestale degli Stati Uniti e a mantenere elevati standard di sicurezza e ambientali.
Kraken Energy Corp (CSE: UUSA) (OTCQB: UUSAF) informa sobre un retraso en sus planes de perforación de la propiedad Apex debido a la decisión del Bosque Nacional Humboldt-Toiyabe (HTNF) de implementar un Plan de Gestión de Seguridad de Uranio a nivel forestal antes de aprobar cualquier Plan de Operaciones (PoO).
A pesar de haber presentado un PoO revisado en la primavera de 2023 y de haber completado estudios arqueológicos y biológicos en 2023-2024, incluida una visita al sitio con funcionarios del HTNF en septiembre de 2024, todas las aprobaciones de PoO están actualmente en espera. El HTNF no ha proporcionado un cronograma para la finalización del nuevo plan de gestión de seguridad.
La empresa sigue comprometida a alinear sus operaciones con los requisitos del Servicio Forestal de los EE. UU. y a mantener altos estándares de seguridad y ambientales.
크라켄 에너지 주식회사 (CSE: UUSA) (OTCQB: UUSAF)는 아펙스 지구의 시추 계획에 지연이 발생했다고 발표했습니다. 이는 훔볼트-토이야비 국립 숲(HTNF)이 운영 계획(Plan of Operations, PoO)을 승인하기 전에 숲 전체에 대한 우라늄 안전 관리 계획을 시행하기로 결정했기 때문입니다.
2023년 봄에 수정된 PoO를 제출하고 2023-2024년 동안 고고학 및 생물학 연구를 완료했으며 2024년 9월에 HTNF 관계자와의 현장 방문을 포함했음에도 불구하고 모든 PoO 승인은 현재 보류 중입니다. HTNF는 새로운 안전 관리 계획의 완료 일정에 대한 정보를 제공하지 않았습니다.
회사는 미국 산림청의 요구에 맞게 운영을 조정하고 높은 안전 및 환경 기준을 유지하기 위해 계속 노력하고 있습니다.
Kraken Energy Corp (CSE: UUSA) (OTCQB: UUSAF) fait état d'un retard dans ses plans de forage de la propriété Apex en raison de la décision de la forêt nationale de Humboldt-Toiyabe (HTNF) de mettre en œuvre un plan de gestion de la sécurité de l'uranium à l'échelle de la forêt avant d'approuver tout plan d'opérations (PoO).
Bien qu'un PoO révisé ait été soumis au printemps 2023 et que des études archéologiques et biologiques aient été complétées en 2023-2024, y compris une visite du site avec des représentants de l'HTNF en septembre 2024, toutes les approbations de PoO sont actuellement en attente. L'HTNF n'a pas fourni de calendrier pour l'achèvement du nouveau plan de gestion de la sécurité.
L'entreprise reste engagée à aligner ses opérations sur les exigences du service forestier américain et à maintenir des normes élevées en matière de sécurité et d'environnement.
Kraken Energy Corp (CSE: UUSA) (OTCQB: UUSAF) berichtet über Verzögerungen bei den Bergbauplänen für die Apex Property, da der Humboldt-Toiyabe National Forest (HTNF) entschieden hat, einen flächendeckenden Uran-Sicherheitsmanagementplan einzuführen, bevor er einen Betriebsplan (PoO) genehmigt.
Trotz der Einreichung eines überarbeiteten PoO im Frühling 2023 und der Durchführung von archäologischen und biologischen Studien in den Jahren 2023-2024, einschließlich eines Standortbesuchs mit HTNF-Beamten im September 2024, sind alle PoO-Genehmigungen derzeit ausgesetzt. Der HTNF hat keinen Zeitplan für den Abschluss des neuen Sicherheitsmanagementplans bereitgestellt.
Das Unternehmen bleibt verpflichtet, seine Operationen mit den Anforderungen des US Forest Service in Einklang zu bringen und hohe Sicherheits- sowie Umweltstandards einzuhalten.
- None.
- Unexpected delay in drilling permit approval process
- Operations on hold indefinitely pending new USFS uranium safety management plan
- No timeline provided for the completion of the required safety management plan
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2024) - Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (FSE: F2C) (the "Company" or "Kraken") is pleased to provide an update on the drill permit application for the Apex Property.
Kraken Energy Corp. Adjusts Plans Following US Forest Service Review Update
Kraken's Apex Project is facing an unexpected delay following a decision by the Humboldt-Toiyabe National Forest (the "HTNF" or the "US Forest Service") to introduce a forest-wide Uranium Safety Management Plan before further Plan of Operations ("PoO") approvals. The Company submitted a revised PoO in Spring 2023, carried out archaeological and biological studies in 2023-2024, and participated in a site visit with HTNF officials in September 2024 as part of the approval process.
The HTNF had previously indicated it would provide comments on the Company's PoO after the site visit. However, in a recent conversation with HTNF officials, the Company learned that all PoO approvals are currently on hold pending the development and approval of the new safety management plan. While the HTNF has not released a completion timeline for this plan, the Company remains committed to aligning its operations with the US Forest Service's evolving requirements.
"We appreciate the US Forest Service's efforts to ensure safety and environmental integrity in public lands management," said Brian Goss, Interim CEO of Kraken "Although this adjustment presents new challenges for our timeline, we are confident that collaboration with the HTNF will allow us to move forward in a way that supports shared goals of responsible resource development."
Kraken will continue to monitor the progress of the US Forest Service's new plan and explore opportunities to work proactively with the agency. In the meantime, the company remains focused on preparing its operations to meet the highest safety and environmental standards.
About Kraken Energy Corp.:
Kraken Energy Corp. is an energy company advancing its portfolio of high-grade uranium properties in the Unites States. The Company is advancing its
For more information about the Company, please visit: www.krakenenergycorp.com.
On Behalf of the Board of Kraken Energy Corp.:
Brian Goss
Interim CEO, President, and Director
Corporate Office:
Suite 907 - 1030 West Georgia Street
Vancouver, British Columbia
V6E 2Y3
T: (604) 628-2669
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 and the receipt and timing of exploration permits. 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 the receipt of permits to conduct exploration activities, 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232726
FAQ
Why is Kraken Energy (UUSAF) facing delays at the Apex Property?
What steps has Kraken Energy (UUSAF) completed for the Apex Property permit in 2023-2024?
When will the USFS complete the new safety management plan for Kraken Energy's (UUSAF) Apex Property?
