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Strathmore to Begin 2025 Drilling Program Advancing New Uranium Mineralization at Agate

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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.

Strathmore Plus Uranium (OTCQB: SUUFF) ha annunciato il suo Piano di Esplorazione 2025 per il Progetto Agate nel distretto uranifero di Shirley Basin, Wyoming, con inizio previsto per i primi di agosto. Nel 2024, la società ha effettuato una scoperta significativa, individuando nuova mineralizzazione superficiale di uranio a circa un miglio a sud della tendenza settentrionale, con intersezioni di rilievo come 14 piedi con 0,046% di eU3O8 e 15,5 piedi con 0,051% di eU3O8.

La società dispone di permessi per fino a 150 siti di perforazione, inclusi cinque fori di carotaggio per studi sulle acque sotterranee. Strathmore ha già completato 200 fori esplorativi con un eccezionale tasso di mineralizzazione del 90%. Il piano prevede di completare una stima delle risorse minerarie e un rapporto tecnico durante l'inverno 2025/2026.

Strathmore Plus Uranium (OTCQB: SUUFF) ha anunciado su Plan de Exploración 2025 para el Proyecto Agate en el distrito de uranio Shirley Basin, Wyoming, que comenzará a principios de agosto. La compañía realizó un descubrimiento importante en 2024, encontrando nueva mineralización superficial de uranio a una milla al sur de la tendencia norte, con interceptaciones destacadas como 14 pies con 0,046% de eU3O8 y 15,5 pies con 0,051% de eU3O8.

La empresa cuenta con permisos para hasta 150 sitios de perforación, incluyendo cinco pozos de núcleo para estudios de aguas subterráneas. Strathmore ya ha completado 200 pozos exploratorios con una notable tasa de mineralización del 90%. La compañía planea completar una estimación de recursos minerales e informe técnico durante el invierno 2025/2026.

Strathmore Plus Uranium (OTCQB: SUUFF)는 와이오밍 주 셜리 분지 우라늄 지구에 위치한 아게이트 프로젝트의 2025년 탐사 계획을 발표했으며, 8월 초에 시작될 예정입니다. 회사는 2024년에 북부 추세에서 남쪽으로 1마일 떨어진 곳에서 새로운 얕은 우라늄 광화대를 발견했으며, 주요 시추 결과로는 0.046% eU3O8가 포함된 14피트0.051% eU3O8가 포함된 15.5피트가 있습니다.

회사는 최대 150개 시추 지점에 대한 허가를 보유하고 있으며, 이 중 5개는 지하수 연구를 위한 코어홀입니다. 스트라스모어는 이미 200개의 탐사 시추공을 완료했으며, 놀랍게도 90%의 광화대 적중률을 기록했습니다. 회사는 2025년 겨울부터 2026년 겨울 사이에 광물 자원 추정 및 기술 보고서를 완료할 계획입니다.

Strathmore Plus Uranium (OTCQB : SUUFF) a annoncé son plan d'exploration 2025 pour le projet Agate situé dans le district uranifère de Shirley Basin, Wyoming, avec un démarrage prévu début août. En 2024, la société a réalisé une découverte importante en identifiant une nouvelle minéralisation superficielle d'uranium à un mile au sud de la tendance nord, avec des intersections notables telles que 14 pieds à 0,046% de eU3O8 et 15,5 pieds à 0,051% de eU3O8.

La société dispose de permis pour jusqu'à 150 sites de forage, dont cinq forages carottés pour des études sur les eaux souterraines. Strathmore a déjà réalisé 200 forages d'exploration avec un taux de minéralisation remarquable de 90%. La société prévoit de finaliser une estimation des ressources minérales et un rapport technique durant l'hiver 2025/2026.

Strathmore Plus Uranium (OTCQB: SUUFF) hat seinen Explorationsplan 2025 für das Agate-Projekt im Shirley Basin Uranvorkommen im Bundesstaat Wyoming angekündigt, der Anfang August starten soll. Das Unternehmen machte 2024 eine bedeutende Entdeckung, indem es neue flache Uranmineralisierung eine Meile südlich des nördlichen Trends fand, mit bemerkenswerten Abschnitten von 14 Fuß mit 0,046% eU3O8 und 15,5 Fuß mit 0,051% eU3O8.

Das Unternehmen verfügt über Genehmigungen für bis zu 150 Bohrstellen, darunter fünf Kernbohrungen für Grundwasserstudien. Strathmore hat bereits 200 Erkundungsbohrungen mit einer bemerkenswerten Mineralisierungstrefferquote von 90% abgeschlossen. Das Unternehmen plant, im Winter 2025/2026 eine Mineralressourcenschätzung und einen technischen Bericht abzuschließen.

Positive
  • 90% success rate in exploration holes hitting mineralization
  • New shallow uranium mineralization discovery with significant intercepts
  • Strategic location bordering Cameco and UEC projects
  • Permits secured for 150 drill sites
  • Plans for mineral resource estimate and technical report in winter 2025/2026
Negative
  • Resource estimate and technical report not available until winter 2025/2026
  • Additional studies needed to confirm suitability for in-situ recovery operations

Kelowna, British Columbia--(Newsfile Corp. - July 22, 2025) - Strathmore Plus Uranium Corporation (CSE: SUU) (OTCQB: SUUFF) ("Strathmore" or "the Company") is pleased to announce the 2025 Exploration Plan for the Agate Project is to begin in early August. The Agate Property is in the Shirley Basin Uranium District, of central Wyoming and borders both Cameco and UEC projects and is in proximity to UR-Energy's satellite in-situ operation that is currently under construction.

In 2024, Strathmore discovered a new area of shallow mineralization, one mile south of the northern trend, in the middle sand unit, including holes AG-143-24 (14 feet of 0.046% eU3O8 from 30.5-44.5 feet) and AG-147-24 (15.5 feet of 0.051% eU3O8 from 29-44.5 feet). This new trend is open to the north and south, and this discovery will be further explored during the 2025 exploration season. Strathmore is actively advancing this dynamic and promising new area.

Currently up to 150 drill sites are permitted, including five core holes to compliment groundwater studies from closely located monitor wells previously installed in 2024. The ongoing groundwater studies will help determine if the host sands are within confined aquifers, which would be ideal for future in-situ recovery operations. The core will be used for chemical equilibrium and leach amenability studies by the Company, and by the University of Wyoming to compliment their ongoing and expanding geophysical research at the project.

The goal of the exploration drilling is to expand the mineralization on the property, with the potential of discovering additional roll fronts, with plans designed to link together two discrete areas of mineralization encountered in the lower sand in 2023-24 and expand upon that mineralized trend and the 2024 discovery of mineralization in the shallow middle sand. Collection of this data is necessary to complete a mineral resource estimate and technical report on the project during winter 2025/2026.

Strathmore has completed 200 exploration holes, including 5 monitor wells, on the Agate project, with over 90% of the holes hitting mineralization. The 2023-24 exploration defined approximately 3,700 feet of a mineralized trend in the lower sand unit, with notable intercepts in two holes, AG-10-23 (16.0 feet @ 0.081% eU3O8 from 82.0-98.0 feet) and AG-16-23 (21.0 feet @ 0.089% eU3O8 from 79.0-100.0 feet). This northern trend is open to the southwest and northeast.

About the Agate Property

The Agate property consists of 100 wholly owned lode mining claims covering 2,076 acres. Uranium mineralization on the project is contained in classic Wyoming-type roll fronts within the Eocene Wind River Formation, an arkosic-rich sandstone. Historically, 53 million pounds of uranium were mined in Shirley Basin, including from open-pit, underground, and the first commercial in-situ recovery operation in the USA during the 1960s. At the property, the uranium mineralization is shallow, from 20 to approximately 150 feet deep, much of which appears below the water table and likely amenable to in-situ recovery. Kerr McGee Corporation, the largest US uranium mining company at the time, drilled at least 650 holes across the project area in the 1970s, delineating several targets of potential mineralization. In 2023 and 2024, the Company completed 200 exploration holes on the Project, discovering several areas of potential mineralization.

About Strathmore Plus Uranium

Strathmore is focused on discovering uranium deposits in Wyoming, and has three permitted uranium projects including Agate, Beaver Rim, and Night Owl. The Agate and Beaver Rim properties contain uranium in typical Wyoming-type roll front deposits based on historical drilling data. The Night Owl property is a former producing surface mine that was in production in the early 1960s.

Cautionary Statement: "Neither the CSE Exchange nor its Regulation Services Provider (as the term is defined in policies of the CSE 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 as 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 of Exploration, 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/259577

FAQ

What are the key findings from Strathmore's (SUUFF) 2024 uranium exploration at Agate?

Strathmore discovered new shallow mineralization with intercepts of 14 feet of 0.046% eU3O8 and 15.5 feet of 0.051% eU3O8 in the middle sand unit, one mile south of the northern trend.

How many drill sites does Strathmore (SUUFF) have permitted for the 2025 Agate exploration program?

Strathmore has permits for up to 150 drill sites, including five core holes for groundwater studies.

What is the success rate of Strathmore's (SUUFF) exploration drilling at the Agate project?

Strathmore has completed 200 exploration holes with over 90% of the holes hitting mineralization.

When will Strathmore (SUUFF) complete its mineral resource estimate for the Agate project?

Strathmore plans to complete the mineral resource estimate and technical report during winter 2025/2026.

Where is Strathmore's (SUUFF) Agate uranium project located?

The Agate Property is located in the Shirley Basin Uranium District of central Wyoming, bordering Cameco and UEC projects.
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