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Strathmore is one of the largest holders of in-ground uranium resources in the United States. The Company's goal is to become a leading uranium producer in the United States. Its core projects are located in the two largest historical uranium producing regions: the Grants Uranium District in New Mexico and the Gas Hills Uranium District in Wyoming.
Strathmore is advancing two core uranium development projects towards production: Roca Honda in New Mexico and the Gas Hills in Wyoming. In 2007, Roca Honda was partnered with Sumitomo Corp of Japan under the jointly owned subsidiary Roca Honda Resources LLC ("RHR"). In October 2009, RHR submitted its Roca Honda mine permit application, which was deemed "administratively complete" by the regulatory agencies, and is now undergoing technical review. Roca Honda represents one of largest and highest grade proposed uranium mine in the United States in over thirty years. The Company expects to submit its Gas Hills mine permit application in 2012.
About Strathmore Minerals
Strathmore Minerals Corporation is a Canadian based resource company specializing in the exploration and development of uranium properties in the United States.
Strathmore's Management and Technical team led by CEO David Miller, has over 200 years of uranium exploration & development, and mining experience in the United States. For more information regarding our management team,please click here.
Strathmore's primary goal is to become a leading uranium producer in the United States. The Company has an extensive and diverse property portfolio, located primarily in Wyoming and New Mexico. Strathmore entered 2011 in a strong financial position and the Company is well positioned to continue advancing its core Roca Honda NM and Gas Hills WY uranium development projects. The Capital budget for 2011 is the largest in the Company's history and will total US $13 million, including US $3.2 million from its partner Sumitomo for their pro-rata share of the Roca Honda project. In addition, the Company will continue with its plans to enhance shareholder value through the divestiture of non-core properties, and is now in a position to evaluate new opportunities. For a summary of Strathmore's properties along with the associated resource figures,please click here.
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