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Market: TSX
Sector: General Mining - Uranium & Lithium
EPIC: STM
Latest Price: C$0.35  (0,00%)
52-week High: C$0.71
52-week Low: C$0.34
Market Cap: C$42.36M
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Strathmore Minerals Corp
www.strathmoreminerals.com

Strathmore is one of the largest holders of in-ground uranium resources in the United States. The Company's goal is to become a leading uranium producer in the United States. Its advanced projects are located in the two largest historical uranium producing regions: the Grants Mineral District in New Mexico and the Gas Hills Uranium District in Wyoming.

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Strathmore to begin drilling at Gas Hills properties in Wyoming this month

16th Sep 2010, 8:25 am

Vancouver-based Strathmore Minerals' (TSX-V: STM) U.S. subsidiary will begin development drilling at its Gas Hills Uranium properties in central Wyoming this month, it said on Wednesday.

Data from the drill program will allow the completion of NI 43-101 compliant resource calculations, as well as the advancement of the mine permit application, expected to be submitted in the second quarter of 2011.

The fall 2010 program for the Gas Hills will consist of approximately 100 drill holes totalling 25,000 feet in four targeted areas: George-Ver/Frazier-Lamac, Day Loma, Loco-Lee, and Rock Hill.

The company said that the purpose of the drilling is to confirm and expand known areas of mineralization on the site, and to help determine final pit designs as well as enable core sampling for further metallurgical testing.

Eight geotechnical holes are planned as part of a preliminary evaluation of a mill/heap leach facility/mill tailings site, it said.

Historically, the Gas Hills Uranium District was the second largest uranium producing region in the U.S. with total production exceeding 100 million pounds.

"Strathmore is the dominant player in the Gas Hills with a land position exceeding 34,000 acres and the Company's technical personnel has extensive mining experience here. Today's announcement represents a part of the ongoing permitting activities necessary for the long-term sustainable development of the Gas Hills deposits," said Strathmore's CEO David Miller.

The fall 2010 drill program is scheduled to be completed by mid-November.

Strathmore specializes in the acquisition, exploration and development of advanced uranium properties in the United States.

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