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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 (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.
Strathmore Plus Uranium (OTCQB: SUUFF) has announced significant progress in its Phase 1 drilling program at the Agate project, extending uranium mineralization by 1,200 feet east along the Lower sand's northern trend, reaching a total length of over 4,900 feet.
The highlight of the drilling program includes hole AG-205-25, which yielded 15.5 feet of 0.045% eU3O8, including a high-grade intercept of 10 feet with 0.061% eU3O8. The exploration targets the Eocene Wind River Formation, known for high porosity and permeability. The company plans to conduct core drilling in five holes and will use the results to guide Phase 2 drilling scheduled for autumn 2025.
Strathmore Plus Uranium (OTCQB: SUUFF) has announced its 2025 Exploration Plan for the Agate Project in Wyoming's Shirley Basin Uranium District, set to commence in early August. The company made a significant discovery in 2024, finding new shallow uranium mineralization one mile south of the northern trend, with notable intercepts including 14 feet of 0.046% eU3O8 and 15.5 feet of 0.051% eU3O8.
The company has permits for up to 150 drill sites, including five core holes for groundwater studies. Strathmore has already completed 200 exploration holes with a remarkable 90% mineralization hit rate. The company plans to complete a mineral resource estimate and technical report during winter 2025/2026.