Strathmore Hits Mineralization with Stacked Roll Fronts at Beaver Rim
Strathmore Plus Uranium announced successful drilling results at its Beaver Rim project, discovering two uranium roll fronts. Notable intercepts include 7.5 feet grading 0.042% eU3O8 (hole BR-03-24) and 4.5 feet grading 0.024% eU3O8 (hole BR-01-24). The project, located 1-3 miles south of Cameco's Gas Hills project, confirmed the presence of uranium-bearing Puddle Springs Arkose member sediments, varying in thickness from 130-170 feet. The drilling program validated the company's geological model, identifying mineralization above grade cutoff in two holes, with a third hole showing above-background gamma levels. Strathmore plans to continue exploration in 2025.
Strathmore Plus Uranium ha annunciato risultati di perforazione di successo nel suo progetto Beaver Rim, scoprendo due fronti di uranio. I risultati più significativi includono 7,5 piedi con un grado di 0,042% eU3O8 (foro BR-03-24) e 4,5 piedi con un grado di 0,024% eU3O8 (foro BR-01-24). Il progetto, situato a 1-3 miglia a sud del progetto Gas Hills di Cameco, ha confermato la presenza di sedimenti dell'unità Puddle Springs Arkose ricchi di uranio, con uno spessore variabile da 130 a 170 piedi. Il programma di perforazione ha convalidato il modello geologico dell'azienda, identificando mineralizzazione al di sopra della soglia di qualità in due fori, con un terzo foro che mostra livelli gamma superiori alla norma. Strathmore prevede di continuare l'esplorazione nel 2025.
Strathmore Plus Uranium anunció resultados de perforación exitosos en su proyecto Beaver Rim, descubriendo dos frentes de uranio. Los interceptos notables incluyen 7.5 pies con un grado de 0.042% eU3O8 (pozo BR-03-24) y 4.5 pies con un grado de 0.024% eU3O8 (pozo BR-01-24). El proyecto, ubicado a 1-3 millas al sur del proyecto Gas Hills de Cameco, confirmó la presencia de sedimentos ricos en uranio de la unidad Puddle Springs Arkose, con un grosor que varía de 130 a 170 pies. El programa de perforación validó el modelo geológico de la empresa, identificando mineralización por encima del límite de calidad en dos pozos, con un tercer pozo mostrando niveles gamma superiores a lo normal. Strathmore planea continuar la exploración en 2025.
스트랫모어 플러스 우라늄은 비버 림 프로젝트에서 성공적인 시추 결과를 발표하며 두 개의 우라늄 롤 프론트를 발견했습니다. 눈에 띄는 시추 결과로는 7.5피트에서 0.042% eU3O8(홀 BR-03-24) 및 4.5피트에서 0.024% eU3O8(홀 BR-01-24)의 성과가 있습니다. 이 프로젝트는 Cameco의 가스 힐 프로젝트에서 남쪽으로 1-3마일 떨어진 곳에 위치하고 있으며 우라늄을 함유한 퍼들 스프링스 아르코스 구성 성분의 존재를 확인했습니다. 두 개의 구멍에서 등급 절단 기준 이상으로 광물화가 확인되었으며, 세 번째 구멍에서는 배경보다 높은 감마 수준이 나타났습니다. 스트랫모어는 2025년에 탐사를 계속할 계획입니다.
Strathmore Plus Uranium a annoncé des résultats de forage réussis pour son projet Beaver Rim, découvrant deux fronts de roulement d'uranium. Les interceptions notables comprennent 7,5 pieds avec une teneur de 0,042 % d’eU3O8 (trou BR-03-24) et 4,5 pieds avec une teneur de 0,024 % d’eU3O8 (trou BR-01-24). Le projet, situé à 1-3 miles au sud du projet Gas Hills de Cameco, a confirmé la présence de sédiments riches en uranium de l'unité Puddle Springs Arkose, variant de 130 à 170 pieds d'épaisseur. Le programme de forage a validé le modèle géologique de l'entreprise, identifiant des minéralisations au-dessus du seuil de qualité dans deux trous, un troisième trou montrant des niveaux gamma supérieurs à la normale. Strathmore prévoit de poursuivre l'exploration en 2025.
Strathmore Plus Uranium hat erfolgreiche Bohrergebnisse in seinem Beaver Rim-Projekt bekannt gegeben und dabei zwei Uranrollfronten entdeckt. Bedeutende Durchschläge umfassen 7,5 Fuß mit einem Gehalt von 0,042 % eU3O8 (Bohrloch BR-03-24) und 4,5 Fuß mit einem Gehalt von 0,024 % eU3O8 (Bohrloch BR-01-24). Das Projekt, das 1-3 Meilen südlich des Gas Hills-Projekts von Cameco liegt, bestätigte das Vorhandensein von uranhaltigen Puddle Springs Arkose-Sedimenten, deren Dicke zwischen 130 und 170 Fuß variiert. Das Bohrprogramm validierte das geologische Modell des Unternehmens, indem es Mineralisierungen über der Cutoff-Qualität in zwei Löchern identifizierte, während ein drittes Loch erhöhte Gammawerte aufwies. Strathmore plant, die Exploration im Jahr 2025 fortzusetzen.
- Discovery of two new uranium roll fronts with significant mineralization
- Successful validation of geological model and exploration potential
- Strategic location near Cameco's permitted Gas Hills project
- Confirmed presence of suitable uranium-bearing sediments
- Low grade uranium mineralization (0.024-0.042% eU3O8)
- Only 2 out of 4 drill holes showed mineralization above cutoff grade
Kelowna, British Columbia--(Newsfile Corp. - December 3, 2024) - Strathmore Plus Uranium Corporation (TSXV: SUU) (OTCQB: SUUFF) (FSE: TO3) ("Strathmore" or "the Company") is pleased to announce that the Company drilled two newly identified uranium roll fronts on the Beaver Rim project. Four drill holes were completed, including the discovery of the two mineralized zones on the South Sage claim group. The intercepts included 7.5 feet grading
The Beaver Rim areas drilled lie 1 to 3 miles south of Cameco's fully permitted in-situ recovery Gas Hills project. The goals of the drilling program were to determine the validity of our geologic model for Beaver Rim and that it's a legitimate uranium exploration target. This included:
- Finding out if the arkosic-rich sediments beneath Beaver Rim correlate to the uranium bearing sediments to the north in the adjacent Gas Hills mining district?
- Did these sediments act as the geologic passageway for uranium transport from the south through the project area towards Gas Hills?
- Are these sediments suitable for uranium deposition and was there any uranium mineralization discovered in the Beaver Rim sediments?
With completion of the initial phase of drilling, Strathmore believes we have answered "Yes" to each of the questions regarding the geologic model, by having encountered uranium mineralization on the Beaver Rim project. The targeted host sandstone, the Puddle Springs Arkose member of the Eocene Wind River Formation was tested with the drilling. Results of the drilling show that the Puddle Springs is a very clean quartzite and feldspar-rich coarse sandstone and lesser mudstones. The member varied in thickness from 130-170 feet. Mineralization above grade cutoff (
Based on these results, Strathmore believes the Beaver Rim area is a viable uranium exploration target. The Company plans to continue exploration of the project in 2025, including on the Diamond claim group to the west where previous drilling by Strathmore Minerals in 2012 encountered stacked roll front mineralization.
| Hole ID | Latitude | Longitude | Collar (Ft) | From (Ft) | To (Ft) | Thickness (Ft) | Grade % |
| BR-01-24 | 42.72470 | -107.51230 | 7,118 | 1,090.0 | 1,094.5 | 4.5 | 0.028 |
| BR-02-24 | 42.72918 | -107.51454 | 7,178 | Below cutoff | |||
| BR-03-24 | 42.72495 | -107.51283 | 7,126 | 1,119.0 | 1,126.5 | 7.5 | 0.042 |
| 1,137.0 | 1,139.5 | 2.5 | 0.028 | ||||
| BR-04-24 | 42.76613 | -107.50053 | 7,403 | Below cutoff |
Note: The tabled geophysical results are based on equivalent uranium (eU3O8) of the gamma-ray probes calibrated at the Department of Energy's Test Facility in Casper, Wyoming. A series E Century Geophysical logging tool with gamma-ray, spontaneous potential, resistivity, and drift detectors was utilized in the logging. The reader is cautioned that the reported uranium grades may not reflect actual uranium concentrations due to the potential for disequilibrium between uranium and its gamma emitting daughter products. Further analysis on radiometric equilibrium will be conducted by Strathmore in the future.
Beaver Rim Technical Report
The Company has refiled to Sedar a technical report for the Beaver Rim project titled Technical Report on the Gas Hills-Beaver Rim Uranium Exploration Project, Fremont and Natrona Counties, Wyoming, USA. The report was authored by Mark B. Mathisen, C.P.G., of SLR International Corporation, and dated May 31, 2022. The report was required for Company regulatory purposes and inadvertently misfiled at the time in 2022. The report is available at www.sedarplus.ca. An updated report is planned upon completion of the autumn exploration program at the Beaver Rim project.
About the Beaver Rim Project
The Gas Hills uranium district is the largest uranium district in the State of Wyoming; with more than 100 million pounds of uranium being mined between 1954 to1988 when production ceased due to declining prices. Historical and recent reports suggest 50 to100 million pounds of uranium may exist in the Gas Hills district. The Beaver Rim project consists of 265 wholly owned mining claims totaling 5,475 acres. The project area was previously explored by American Nuclear in the 1970s, Cameco between1990 to early 2000's, and most recently by Strathmore Minerals in 2012, where uranium mineralization was encountered at depths of 700-1,000 feet, contained in stacked, Wyoming-type roll front deposits within arkosic-rich sandstones of the Eocene-age Wind River Formation.
The Beaver Rim project lies immediately south and adjacent to Cameco's fully permitted Gas Hills in-situ recovery project. Cameco reported for their Gas Hills project indicated and inferred mineral resources of 13.3 million and 6 million pounds of uranium, at
About Strathmore Plus Uranium Corp.
Strathmore has three permitted uranium projects in Wyoming: Agate, Beaver Rim, and Night Owl. The Agate and Beaver Rim properties contain uranium mineralization in typical Wyoming-type roll front deposits based on historical and recent drilling data. The Night Owl property is a former producing surface mine that was in production in the early 1960s.
Cautionary Statement: "Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
Certain information contained in this press release constitutes "forward-looking information," within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Forward-looking statements contained in this press release may include statements regarding the future operating or financial performance of Strathmore Plus Uranium Corp. which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedarplus.ca. The forward-looking statements included in this press release are made as of the date of this press release and Strathmore Plus Uranium Corp. disclaim any intention or obligation to update or revise any forward-looking statements, whether a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
Qualified Person
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Terrence Osier, P.Geo., Vice President, Exploration of Strathmore Plus Uranium Corp., a Qualified Person.
Strathmore Plus Uranium Corp.
Contact Information:
Investor Relations
Telephone: 1 888 882 8177
Email: info@strathmoreplus.com
ON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEO
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232148
FAQ
What were the uranium grades discovered in Strathmore's (SUUFF) Beaver Rim drilling program?
How many uranium roll fronts did Strathmore (SUUFF) discover at Beaver Rim in December 2024?
What is the thickness range of the Puddle Springs Arkose member at Strathmore's (SUUFF) Beaver Rim project?
