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Strathmore Receives Drill Permit for Agate Property
Kelowna, British Columbia--(Newsfile Corp. - April 4, 2023) - Strathmore Plus Uranium Corporatio...
About this update from Strathmore Plus Uranium Corp.
[{"type":"text","content":"Strathmore Receives Drill Permit for Agate PropertyKelowna, British Columbia--(Newsfile Corp. - April 4, 2023) - Strathmore Plus Uranium Corporation (TSXV: SUU) (OTC Pink: SUUFF) (\"Strathmore\" or \"the Company\") is pleased to announce it has received a drilling and exploration permit from the State of Wyoming for its Agate project in the Shirley Basin uranium district. The permit is for a planned 100-hole drill program this summer totaling 15,000 feet. The drilling is planned to confirm historical results and extend mineralization into areas sparsely explored in the past. In conjunction with the drilling, Strathmore will conduct near-surface and downhole geophysical research with the University of Wyoming's Near-Surface Geophysical Center to target new drilling locations.About the Agate PropertyThe Agate property consists of 52 wholly owned lode mining claims covering 1,075 acres. The uranium mineralization is contained in classic Wyoming-type roll fronts within the Eocene Wind River Formation, an arkosic-rich sandstone. Historically, 55 million pounds of uranium were mined in Shirley Basin, including from open-pit, underground, and the first successful in-situ recovery operation in the USA during the 1960s. At the property, the uranium mineralization is shallow, from 15 to approximately 150 feet deep, much of which is below the water table and likely amenable to in-situ recovery. The average thickness varies from several feet to tens of feet, with grades ranging from 0.02% to 0.18% eU3O8 as noted on the historical gamma logs. The Agate project was previously explored by Kerr-McGee Corporation in the 1970s, where they drilled 670 holes. Kerr-McGee was the largest producer of uranium in the United States at the time. They also produced deposits from the Shirley Basin, which were 7 miles east of the Strathmore property. Other uranium companies in the basin include Cameco, enCore Energy, UR Energy, and UEC, whose claims border the Agate property. Available Kerr-McGee historical drilling results from the Wyoming Geological Survey include drill hole location maps and 330 geophysical logs which are being digitized and reinterpreted for entry into a modern, verifiable database. About Strathmore Plus Uranium Corp.Strathmore has 3 uranium projects in Wyoming, including Agate, Beaver Rim, and Night Owl. The Agate and Bea...