Strathmore to Begin 2025 Drilling Program Advancing New Uranium Mineralization at Agate

Core Insights - Strathmore Plus Uranium Corporation is set to commence its 2025 Exploration Plan for the Agate Project in early August, located in the Shirley Basin Uranium District of Wyoming, adjacent to significant projects by Cameco and UEC [1][2] Exploration and Discoveries - In 2024, Strathmore identified a new area of shallow mineralization, one mile south of the northern trend, with notable drill results including 14 feet of 0.046% eU3O8 and 15.5 feet of 0.051% eU3O8, which will be further explored in 2025 [2][4] - The company has completed 200 exploration holes, with over 90% encountering mineralization, defining approximately 3,700 feet of a mineralized trend in the lower sand unit [5][6] Drilling and Studies - Up to 150 drill sites are permitted, including five core holes to support groundwater studies, which will help assess the suitability of the host sands for future in-situ recovery operations [3][4] - The exploration drilling aims to expand mineralization and link two discrete areas identified in previous years, with data collection necessary for a mineral resource estimate and technical report expected in winter 2025/2026 [4][5] Property Overview - The Agate property consists of 100 wholly owned lode mining claims covering 2,076 acres, with uranium mineralization found in classic Wyoming-type roll fronts within the Eocene Wind River Formation [6][7] - Historically, 53 million pounds of uranium were mined in the Shirley Basin, and the property features shallow mineralization, making it potentially amenable to in-situ recovery [6][7]