Business
Strathmore Increases Strategic Land Position by 300% at Night Owl
Kelowna, British Columbia--(Newsfile Corp. - December 12, 2022) - Strathmore Plus Uranium Corpor...
About this update from Strathmore Plus Uranium Corp.
[{"type":"text","content":"Strathmore Increases Strategic Land Position by 300% at Night OwlKelowna, British Columbia--(Newsfile Corp. - December 12, 2022) - Strathmore Plus Uranium Corporation (TSXV: SUU) (OTC Pink: SUUFF) (\"Strathmore Plus\" or \"the Company\") is pleased to announce that the Company has significantly increased the Night Owl land holdings by acquiring a 640-acre mineral lease from the State of Wyoming and staking 54 new claims adjacent to the original claim group staked in spring of 2022. The geologic setting of the properties is similar to that at the Night Owl mine, which was a producing uranium mine in the early 1960s. Strathmore has developed an exploration model to target additional acquisitions similar to our Night Owl property. This includes investigating similar geology (age, rock type, unconformity), proximity to the source rocks, orientation of the source rock dikes that intrude the adjacent granitic rocks, and direction of the paleo-channel drainage for source transport from the dikes to the breccia layer for final mineralization. As a result of the search, we acquired the State lease, 4 miles northwest of the claim group. Strathmore plans to complete the geophysical survey in the upcoming year and start exploring the new parcels to increase the extent of uranium mineralization at the project. Mr. Terrence Osier, PG, Vice President of Exploration for Strathmore commented, \"We acquired the additional adjacent claims because they cover the same geologic formations and results of the geophysical survey indicate many additional and impressive areas of radiometric anomalies similar to the Night Owl mine site.\" Strathmore is assessing the data generated from the geophysical survey, and is preparing an application to explore the project by trenching, shallow drilling, and other geophysical means in the coming year.Strathmore Plus Uranium Corporation Shirley Basin District, WyomingNight Owl ProjectTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3282/147618_52fd2685949b8b3a_002full.jpg*Notice the area of the former Night Owl Mine Site (Red Circle) at the top of the map and the larger (Orange and Red) areas of possible mineralization at the bottom. Strathmore plans on targeting these areas.About Strathmore Plus Uranium Corp. Strathmore has 3 uranium projects in Wyoming, including Beave...