Thursday, October 31, 2024

Strathmore Plus Uranium Finds Agate Project One Mile Away

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Five drilling operations are scheduled to be conducted this summer to complete groundwater studies of the wells.

Strathmore Plus Uranium Corporation has announced a new uranium discovery in the Central Sands, one mile south of the company’s expanding North Directional.

All previous drilling has found uranium mineralization only in the lower sands. The middle sands have historically been the most productive in the Shirley Basin. This exciting southern discovery shows increasing grades and above average thickness.

John DeGioia said they are excited to be one mile away and added that the initial results of moving one mile south have opened up a new aspect of the agate project.

“With the discovery of mineralization that exhibits good ISR GT (grade thickness), in the middle sands of the Wind River Formation, we now have the potential to develop a much larger area of ​​mineralization in an additional Wind River sand unit,” DeGioia noted.

“This is very similar to the main coil system that has been successfully exploited in the East. The drilling results at the Agate Project are responding as our geological model predicted. We are very excited about this latest discovery,” he said.

Terrence Oser, Vice President of Exploration, commented that they are very encouraged by the Agate project as they have significantly extended the length of the northern trend starting with the 2023 discovery.

“We found uranium mineralization, one mile south, in the middle sands of the Wind River Formation, the primary sand mined in the Shirley Basin. The company had only found our mineralization in the lower sands before that,” he said.

“This mid-sand discovery increases our ability to stack wave fronts on portions of the property, which will significantly increase our resource potential,” Oser commented.

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“I look forward to continuing to work to model the uranium deposits we have drilled with the results to guide our Phase II exploration plans,” he said.

Five holes are scheduled to be drilled this summer to complete groundwater studies from nearby monitoring wells. The drilling will be used for chemical equilibrium studies and by the University of Wyoming for its ongoing geophysical research on the project. A second phase of 100 additional exploration holes is scheduled for the fall.

The planned drilling is intended to extend the northward trend into untested terrain, including recently identified claims, and along the recently discovered shallow central zone into deeper terrain to the north. The exploration objective is to extend the mineralization on the property into a multi-zone deposit, with the potential for stacked helix faces.

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