Strathmore's Roca Honda Sampling & Analysis Plan Accepted for Technical Review
Tuesday May 5, 9:00 am ET
ca.us.biz.yahoo.com
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--May 5, 2009 -- STRATHMORE MINERALS CORP. ("Strathmore" or the "Company") (CDNX:STM.V - News) is pleased to announce that it continues to advance the permitting process at its proposed Roca Honda uranium mine in McKinley County, New Mexico. The New Mexico Energy, Minerals and Natural Resources Department (Mining and Minerals Division-MMD) has found the Company's Sampling & Analysis Plan for its baseline data gathering efforts to be "administratively complete". Public notice has been given by the agency providing formal notification that the Plan is available for review and comment. The Sampling & Analysis Plan is an integral part of the documentation required to obtain approval for a mining permit. The response received from the MMD, in combination with the recent announcement regarding the Water Discharge Plan Permit (see news release dated April 20, 2009), illustrates the continued progress Strathmore is making in two of the three primary permit approval requirements: the mine operations permit, the mine dewatering and water treatment permit, and the forthcoming water replacement plan submission. Strathmore is working diligently with the New Mexico regulatory authorities to obtain the necessary approvals.
Juan Velasquez, Strathmore's Vice President of Government, Regulatory, and Environmental Affairs, commented, "We are pleased to advance our Roca Honda project with the MMD. These efforts, by our highly qualified staff and contracted technical experts, demonstrate Strathmore's thoroughness in providing comprehensive environmental baseline data in support of its mine permit application, and its continued commitment to protecting human health and the environment."
On November 17, 2008 Strathmore Minerals submitted a Draft Sampling & Analysis Plan to the MMD for review. The MMD responded with their comments in early January of this year. Strathmore worked diligently to meet MMD requirements and resubmitted the Plan on April 13th. A determination that it was "administratively complete" was received on April 22nd. The Sampling & Analysis Plan will guide the collection of baseline data including: climate, air, quality, vegetation, top soil, topography, wildlife, cultural information, geology, surface and groundwater, and other environmental parameters related to the site. This information will be used to support Strathmore's permit application for its proposed Roca Honda mine. Data gathering efforts have already commenced, and will continue throughout 2009.
The Roca Honda property is located in the Grants Mineral Belt in New Mexico. It is jointly held by Strathmore's wholly owned U.S. subsidiary, Strathmore Resources (US) Ltd and Sumitomo Corp of Japan. For additional information please visit the Company's website at www.strathmoreminerals.com.
STRATHMORE MINERALS CORP. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties in the United States. Headquartered in Kelowna, British Columbia, the Company also has U.S. based Development Offices in Riverton, Wyoming and Santa Fe, New Mexico. STRATHMORE MINERALS CORP. Common Shares are listed on the TSX Venture Exchange under the symbol "STM".
This news release contains "forward-looking information" that is based on Strathmore Minerals Corp.'s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Strathmore's exploration and development plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect", "anticipate", "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Strathmore's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the historical resource estimates, the work expenditure commitments; the ability to raise sufficient capital to fund future exploration or development programs; changes in economic conditions or financial markets; changes in input prices; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining, or advancing, the Gas Hills projects; and labour relations matters.
This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Strathmore Minerals Corp. disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
ON BEHALF OF THE BOARD
David Miller, CEO
The TSX venture exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Contact:
Contacts:
Strathmore Minerals Corp.
Craig Christy
Investor Relations
1-800-647-3303
cchristy@strathmoreminerals.com
strathmoreminerals.com
Source: Strathmore Minerals Corp. |
