Strathmore Confirms Additional Uranium Mineralization in Outcrop at Night Owl
Kelowna, British Columbia--(Newsfile Corp. - September 20, 2022) - Strathmore Plus Energy Corporation (TSXV: SUU.H) (OTC: SUUFF) ("Strathmore Plus" or "the Company") is pleased to announce that it has received additional uranium assay results for mineralized samples from an outcrop at the Night Owl uranium project in the Shirley Basin district of Wyoming. Uranium concentrations in the four samples tested included 0.238%, 0.235%, 0.209%, and 0.194% Uranium (U), which are like those from previously assayed boulders grabbed from the surface. The following table details the recent assay results in addition to those reported on August 23. https://www.newsfilecorp.com/release/134551
|Sample ID||% U||% U3O8||Sample Scintillometer|
The recent sample collection and scintillometer survey was done using a GR-110G portable gamma ray scintillometer, was completed on August 21, 2022, by Terrence Osier, P.Geo., Vice President Exploration for Strathmore.
All samples are from the outcrop where 93 tons of ore at 0.24% U3O8 was previously mined in the 1950-60s. The mineralization is contained within a brecciated zone lying at the contact between the limestone and the overlying sandstone. The 7- to 10-foot-thick zone of breccia consists of voids filled with silicious materials containing complex uranium minerals.
Strathmore has contracted MWH Geo-Surveys of Reno, Nevada to complete a geophysical survey on the Night Owl Property. The study will include a radiometric and magnetic survey utilizing a drone and a ground-based gravity survey. The survey is slated to begin in early October.
About Strathmore Plus Energy Corp.
Strathmore Plus is a uranium exploration company, focused on in-situ recoverable uranium deposits in the State of Wyoming.
Cautionary Statement: 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 Energy 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.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and Strathmore Plus Energy 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.
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, Exploration of Strathmore Plus Energy Corp., a Qualified Person.
Strathmore Plus Energy Corp.
Telephone: 1 888 882 8177
ON BEHALF OF THE BOARD
Dev Randhawa, CEO
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137764