Business
Strathmore Early Assay Results Include .38% U3O8 from Night Owl Uranium Project
Kelowna, British Columbia--(Newsfile Corp. - August 23, 2022) - Strathmore Plus Energy Corpor...
About this update from Strathmore Plus Uranium Corp.
[{"type":"text","content":"Strathmore Early Assay Results Include .38% U3O8 from Night Owl Uranium ProjectKelowna, British Columbia--(Newsfile Corp. - August 23, 2022) - Strathmore Plus Energy Corporation (TSXV: SUU.H) (OTC: SUUFF) (\"Strathmore Plus\" or \"the Company\") is pleased to announce that it has received its first batch of assay results from the Night Owl uranium project in the Shirley Basin district of Wyoming. Uranium concentrations in the four samples tested included 0.326%, 0.283%, 0.226%, and 0.189% Uranium (U). The uranium concentrations are similar to those reported for historically mined ore at the property. Additional metals at notably high concentrations included iron, manganese, phosphorous, and sulfur. Due to accessibility, the highest-grade sample that was tested was one that had a reading of 4800CPS. Further assay results are expected in the coming weeks from samples with off scale Scintillometer readings.Sample ID% U% U3O8ScintillometerReadings (cps)1-10.2830.334~4,2001-20.3260.384~4,8002-10.1890.223~2,5002-20.2260.266~3,000 Note: The concentrations of percent U3O8 were calculated by multiplying the percent Uranium by 1.17924 (source: www.uranium.info/unit_conversion_table.php). The sample collection and scintillometer survey, using a GR-110G portable gamma ray scintillometer, were completed on June 12, 2022 by Terrence Osier, P.Geo., Vice President Exploration for Strathmore.Upon reviewing these analytical results, Strathmore's Technical Advisor Mr. John DeJoia, PG, said \"These results of surface sampling at our Night Owl property are evidence of what an exciting potential this project has. Assuming a linearity of analytical results, I would expect to see analyses approaching .75 to 1% U3O8 for off-scale scintillometer readings. To put these analyses into perspective, in Wyoming most open-pit mining averaged around 0.22% U3O8 and most ISR mines average under 0.13% U3O8. The grab samples were collected near the outcrop of off-scale readings (>10,000 cps) suggesting additional, higher-grade material may be present.\"The mineralization is contained within a brecciated zone lying at the unconformable contact between the Mississippian Madison Formation (limestone) and the overlying Pennsylvanian-Permian Casper Formation (sandstone). The 7- to 10-foot-thick zone of breccia consists of voids filled with sil...