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Strathmore Receives Permit to Drill at Beaver Rim

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Strathmore Plus Uranium (TSXV: SUU) (OTCQB: SUUFF) has received the final Drill Notice permit from Wyoming to conduct exploratory drilling at the Beaver Rim project in the Gas Hills Uranium District. The permit allows for 10,000 feet of drilling, set to begin on September 16th. The company aims to confirm historical results and extend mineralization into sparsely explored areas.

VP Exploration Terrence Osier expressed excitement about the project, citing previous drilling experience at Beaver Rim in 2012. The area features stacked roll-fronts at depths of 700 to 1,000 feet, with multiple targets across the properties. The company has contracted Lou's Drilling of Riverton and Hawkins CBM Logging of Cody for the exploration campaign, with plans to build on the results in 2025 and beyond.

Strathmore Plus Uranium (TSXV: SUU) (OTCQB: SUUFF) ha ricevuto l'autorizzazione finale per il permesso di perforazione dal Wyoming per condurre perforazioni esplorative presso il progetto Beaver Rim nel distretto uraniumistico di Gas Hills. Il permesso consente 10.000 piedi di perforazione, che inizierà il 16 settembre. L'azienda mira a confermare i risultati storici e ad estendere la mineralizzazione in aree scarsamente esplorate.

Il VP esplorazione Terrence Osier ha espresso entusiasmo per il progetto, citando l'esperienza di perforazione precedente a Beaver Rim nel 2012. L'area presenta fronti a rotolo sovrapposti a profondità di 700 a 1.000 piedi, con molteplici obiettivi sulle proprietà. L'azienda ha contrattato Lou's Drilling di Riverton e Hawkins CBM Logging di Cody per la campagna esplorativa, con piani per sviluppare i risultati nel 2025 e oltre.

Strathmore Plus Uranium (TSXV: SUU) (OTCQB: SUUFF) ha recibido el permiso final para el aviso de perforación de Wyoming para llevar a cabo perforaciones exploratorias en el proyecto Beaver Rim en el distrito de Uranio de Gas Hills. El permiso permite 10.000 pies de perforación, que comenzará el 16 de septiembre. La compañía tiene como objetivo confirmar resultados históricos y extender la mineralización a áreas poco exploradas.

El VP de Exploración, Terrence Osier, expresó su entusiasmo por el proyecto, citando la experiencia previa en perforación en Beaver Rim en 2012. El área presenta frentes superpuestos a profundidades de 700 a 1.000 pies, con múltiples objetivos a través de las propiedades. La compañía ha contratado a Lou's Drilling de Riverton y Hawkins CBM Logging de Cody para la campaña de exploración, con planes de desarrollar los resultados en 2025 y más allá.

Strathmore Plus Uranium (TSXV: SUU) (OTCQB: SUUFF)는 와이오밍에서 비버 림 프로젝트에 대한 탐사 드릴링을 수행할 수 있는 최종 드릴 통지 허가를 받았습니다. 이 허가는 10,000피트의 드릴링을 허용하며, 9월 16일에 시작될 예정입니다. 회사는 역사적인 결과를 확인하고 희박하게 탐사된 지역으로 광물화를 확대하는 것을 목표로 하고 있습니다.

탐사 부사장인 테렌스 오시에(Terrence Osier)는 2012년에 비버 림에서 이전 드릴링 경험을 언급하며 프로젝트에 대한 기대감을 표명했습니다. 해당 지역은 700피트에서 1,000피트 깊이의 중첩된 롤프론트가 특징이며, 여러 목표가 각 재산에서 확인되었습니다. 회사는 탐사 캠페인을 위해 리버튼의 루스 드릴링과 코디의 호킨스 CBM 로깅을 계약하고, 2025년 및 그 이후에 결과를 기반으로 한 계획을 세우고 있습니다.

Strathmore Plus Uranium (TSXV: SUU) (OTCQB: SUUFF) a reçu le permis final de forage exploratoire du Wyoming pour réaliser des forages exploratoires sur le projet Beaver Rim dans le district de l'uranium de Gas Hills. Le permis permet 10 000 pieds de forage, qui doit commencer le 16 septembre. L'entreprise vise à confirmer les résultats historiques et à étendre la minéralisation dans des zones peu explorées.

Le VP Exploration Terrence Osier a exprimé son enthousiasme pour le projet, citant son expérience de forage antérieure à Beaver Rim en 2012. La zone présente des fronts roulés empilés à des profondeurs de 700 à 1 000 pieds, avec plusieurs cibles à travers les propriétés. L'entreprise a engagé Lou's Drilling de Riverton et Hawkins CBM Logging de Cody pour la campagne d'exploration, avec des projets de développer les résultats en 2025 et au-delà.

Strathmore Plus Uranium (TSXV: SUU) (OTCQB: SUUFF) hat die endgültige Bohrgenehmigung von Wyoming erhalten, um Explorationsbohrungen im Beaver Rim Projekt im Gas Hills Uranium Distrikt durchzuführen. Die Genehmigung erlaubt 10.000 Fuß Bohrung, die am 16. September beginnen soll. Das Unternehmen hat das Ziel, historische Ergebnisse zu bestätigen und die Mineralisierung in kaum erkundete Bereiche auszudehnen.

Der VP Exploration, Terrence Osier, äußerte seine Begeisterung für das Projekt und verwies auf frühere Bohrerfahrungen im Beaver Rim im Jahr 2012. Das Gebiet weist gestapelte Rollfronten in Tiefen von 700 bis 1.000 Fuß auf, mit mehreren Zielen auf den Grundstücken. Das Unternehmen hat Lou's Drilling aus Riverton und Hawkins CBM Logging aus Cody für die Erkundungskampagne beauftragt und plant, die Ergebnisse in 2025 und darüber hinaus auszubauen.

Positive
  • Received final Drill Notice permit for 10,000 feet of drilling at Beaver Rim project
  • Exploration to begin on September 16th, 2024
  • Previous drilling experience in the area by VP Exploration
  • Multiple uranium deposit targets identified across the properties
  • Contracted experienced Wyoming-based drilling and logging companies
Negative
  • None.

Kelowna, British Columbia--(Newsfile Corp. - September 10, 2024) - Strathmore Plus Uranium Corporation (TSXV: SUU) (OTCQB: SUUFF) ("Strathmore" or "the Company") is pleased to announce that it has received the final Drill Notice permit from the State of Wyoming to perform exploratory drilling at the Beaver Rim project in the Gas Hills Uranium District of Wyoming. The permit allows for 10,000 feet of drilling, planned to begin the week of September 16th to confirm historical results and extend mineralization into areas sparsely explored in the past.

Mr. Terrence Osier, VP Exploration of Strathmore said, "We are excited to start exploring our Beaver Rim claims. I previously drilled at Beaver Rim in 2012, as project geologist for Strathmore Minerals. We encountered stacked roll-fronts at the West Diamond area at depths of 700 to 1,000 feet. The entire mineralized host-sandstone is present, giving us multiple targets across our properties. Many of the claims were previously explored by American Nuclear and Cameco. The potential to define uranium deposits at Beaver Rim is very promising based on the information we have, and areas of close-spaced drilling noted in the field. We've contracted with two Wyoming companies, Lou's Drilling of Riverton and Hawkins CBM Logging of Cody. I have extensive experience with both contractors over the years and expect a successful exploration campaign that we can build on in 2025 and beyond."

About the Beaver Rim Project

The Beaver Rim project consists of 131 wholly owned mining claims totaling 2,706 acres. The Gas Hills uranium district is the largest producer in the State of Wyoming; more than 100 million pounds of uranium was mined. Historical and recent reports suggest 50-100 million pounds of uranium remain in the Gas Hills, with significant discovery potential in the lesser drilled areas to the south, notably atop Beaver Rim. The project area was previously explored by American Nuclear in the 1970s, Cameco in the 1990-2000'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. The West Diamond claim group lies south of Cameco's Peach deposit, for which Cameco reported (2002 Annual Report) mineral reserves and resources of 7.0 million and 2.6 million pounds of uranium, respectively (tonnage and grade % not stated). Additional, historically defined resources controlled by Cameco are noted to trend from their property south beneath the Beaver Rim claims including the East Diamond, North Sage, and South Sage properties. Strathmore is reviewing the greater Beaver Rim area and past exploration as part of its intent to acquire additional properties with the potential to contain uranium mineralization.

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 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/222618

FAQ

What permit did Strathmore Plus Uranium (SUUFF) receive for the Beaver Rim project?

Strathmore Plus Uranium received the final Drill Notice permit from the State of Wyoming to perform exploratory drilling at the Beaver Rim project in the Gas Hills Uranium District.

How many feet of drilling does the permit allow for Strathmore Plus Uranium (SUUFF) at Beaver Rim?

The permit allows for 10,000 feet of drilling at the Beaver Rim project.

When is Strathmore Plus Uranium (SUUFF) planning to begin drilling at Beaver Rim?

Strathmore Plus Uranium is planning to begin drilling at Beaver Rim the week of September 16th, 2024.

What companies has Strathmore Plus Uranium (SUUFF) contracted for the Beaver Rim drilling project?

Strathmore Plus Uranium has contracted Lou's Drilling of Riverton and Hawkins CBM Logging of Cody for the Beaver Rim drilling project.

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