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Strathmore Plus Uranium Corporation reports developments tied to uranium exploration in Wyoming, where its permitted projects include Agate, Beaver Rim and Night Owl. Company updates focus on drilling at the Agate Project in the Shirley Basin Uranium District, mineralized Middle Sand and Lower Sand trends, claim staking, historical drill-data verification and the potential use of in-situ recovery methods.
Recurring news also covers financing and public-company matters, including private placements, equity incentive grants and the company’s adoption of semi-annual financial reporting as an eligible venture issuer.
Strathmore Plus Uranium (OTCQB: SUUFF) reported uranium assay results from core at the Agate Project in Wyoming’s Shirley Basin. The company has drilled 294 holes, with mineralization in over 85% of holes, supporting a prospective in-situ recovery (ISR) uranium project.
Twenty core samples assayed by an accredited lab using ICP spectroscopy confirmed uranium across lower and middle sand trends, with chemical grades up to 0.125% U3O8. Work is underway on a Plan of Operation, environmental and archaeology surveys, and additional claim staking to enable expanded drilling and resource estimation.
Strathmore (CSE: SUU / OTCQB: SUUFF) reported Spring 2026 drilling at Agate with a 48-hole program and an 81% mineralization hit rate (39 of 48 holes above cutoff). A new Middle Sand trend was traced >2,500 ft and the Lower Sand was extended ~1,000 ft to nearly 6,000 ft. Notable intercepts include 16.0 ft @ 0.071% eU3O8 (AG-274-26) and 14.5 ft @ 0.063% eU3O8 (AG-292-26). Mineralization is shallow (20–150 ft) and largely below the water table. Strathmore will submit a Plan of Operation to BLM and Wyoming DEQ. The company also signed a 12-month digital marketing agreement for $150,000 CAD.
Strathmore Plus Uranium (CSE: SUU; OTCQB: SUUFF) began spring 2026 exploration drilling at the Agate Project on April 13, 2026. The project is an in-situ recovery target in Shirley Basin, Wyoming, bordering Cameco and UEC properties and near UR-Energy's satellite mine startup.
The Company plans up to 50 drill holes this program, has completed >250 holes to date, and reported mineralization in 95% of historical holes. Contractors Single Water Services and Hawkins CBM Logging were retained for drilling and geophysical logging.
Strathmore Plus Uranium (CSE: SUU; OTCQB: SUUFF) elected to adopt semi-annual reporting under Coordinated Blanket Order 51-93 effective for its fiscal year ending July 31, 2025.
The company will be exempt from filing interim reports for Q3 ending April 30, 2026, will file audited annual statements within 120 days of July 31, 2026, and six-month interim reports within 60 days of January 31, 2027. Strathmore confirms eligibility with annual revenues under $10 million and a clean 12-month continuous disclosure record.
Strathmore (CSE: SUU / OTCQB: SUUFF) will begin a 2026 exploration drilling program at the Agate Project the week of April 13, 2026, targeting extensions of uranium mineralization in Shirley Basin, Wyoming.
In 2025 Strathmore completed 45 holes, expanded the northern Lower Sand trend by >1,200 feet and the southern Middle Sand trend by 500 feet, with ~95% of holes intersecting mineralization. Up to 50 holes are planned for 2026; 20 cored intervals were submitted to Pace Analytical with assay results expected mid-April.
Strathmore Plus Uranium (OTCQB: SUUFF) closed a non‑brokered private placement on March 4, 2026, raising $1,100,000 through issuance of 7,333,333 units at $0.15 per unit.
Each unit includes one common share and one warrant exercisable at $0.25 for 36 months. Net proceeds will fund general working capital and exploration of Wyoming uranium properties, including drilling, soil sampling, and geophysical surveys. Finder's fees of $21,375 were paid. Securities carry a statutory hold of four months and one day; final CSE approvals may be required.
Strathmore Plus Uranium (OTCQB: SUUFF) announced a non-brokered private placement to raise up to $1,000,000 by issuing 6,666,666 units at C$0.15 per Unit. Each Unit includes one common share and one warrant exercisable at $0.25 for 36 months.
Net proceeds will fund working capital and further exploration of the company's Wyoming properties. Securities issued will carry a hold period of four months plus a day. Insider participation is expected and may be exempt from MI 61-101 formal valuation and minority approval. Closing is subject to subscriptions and regulatory approvals.
Strathmore (CSE: SUU / OTCQB: SUUFF) expanded its Agate Project in the Shirley Basin, Wyoming, by staking an additional 24 claims, bringing its total to 124 claims (~2,560 acres). In 2025 the company completed 45 drill holes (including 5 cored holes) with management citing 95% of holes intersecting mineralization. Drilling extended the northern lower-sand trend >1,200 ft east and the southern middle-sand trend ~500 ft. Plans for 2026 include assays of 2025 core, a technical report, and converting a Drill Notice to a Plan of Operation to allow expanded disturbance and additional drilling.
Strathmore Plus Uranium Corporation (OTCQB: SUUFF) granted an aggregate of 1,000,000 restricted share units (RSUs) to executives, officers, directors and consultants under its Equity Incentive Plan.
Per the grant: 1/4 of RSUs vest three months after the grant date, all RSUs expire December 31, 2029, and each vested RSU converts to one common share. The company also issued 1,000,000 options to a service provider exercisable for three years at an exercise price of $0.24 per share, with the Options vesting in quarterly portions (1/4) each three months subject to the Equity Incentive Plan.
Strathmore Plus Uranium (OTCQB: SUUFF) has announced significant progress in its Phase 1 drilling program at the Agate project in Wyoming's Shirley Basin Uranium District. The company successfully extended the Middle Sand's southern trend to over 1,300 feet in length, adding more than 500 feet of mineralization.
Key drilling highlights include hole AG-224-25 with 14.0 ft of 0.071% eU3O8 and AG-245-25 core with 19.5 ft @ 0.040% eU3O8. The northern trend now extends over 5,200 feet in length and remains open-ended. The company completed 45 holes and recovered core samples from 5 holes within both Middle and Lower sands, with notable results including hole AG-244-25 core showing 23.5 ft of 0.076% eU3O8.