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Market: TSX
Sector: General Mining - Uranium & Lithium
EPIC: STM
Latest Price: C$0.37  (5.80% Ascending)
52-week High: C$0.71
52-week Low: C$0.34
Market Cap: C$44.82M
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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's EIS for Roca Honda, New Mexico on track for December 2012

14th Oct 2011, 4:21 pm by Joyanta Acharjee

Strathmore Minerals (TSE:STM)(OTCQX:STHJF) Friday said its technical review process and preparation of an Environmental Impact Statement (EIS) for the Roca Honda Uranium Development Project in New Mexico is currently ongoing and remains on schedule.

The Roca Honda Property is located in the Grants Mineral District, New Mexico. It is 60% owned by Strathmore and 40% owned by Sumitomo Corp of Japan under their jointly owned subsidiary, Roca Honda Resources (RHR).

The uranium explorer said an agreement was recently signed between RHR, the United States Forest Service and the Forest Service's contractor Mangi Environmental Group, for a definitive schedule that commits to completing the EIS by December 2012. A decision regarding the mine permit is expected shortly thereafter.

Strathmore said it continues to work closely with state and federal agencies, and maintains an ongoing dialogue with members of the public, and interest groups. Progress continues with the technical review process, which will ultimately lead to the completion of the Environmental Impact Statement.

At the Peña Ranch Mill Site within the Roca Honda project, preparation of the Nuclear Regulatory Commission (NRC) mill license application will continue throughout the remainder of the year and into 2012, with the goal of submitting an application by mid-2012. A meeting with the NRC is planned for November to discuss RHR's licensing activities in advance of the application submission. RHR is currently developing the baseline data and is completing the engineering design for the mill project.

Vancouver-headquartered Strathmore Minerals specializes in the strategic acquisition, exploration and development of uranium properties in the US. Its projects are Roca Honda in New Mexico and Gas Hills in Wyoming.

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