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Gold/Mining/Energy : Strathmore Resources - SMR - A uranium play
SMR 40.83-9.0%Nov 3 3:59 PM EST

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To: Rob who wrote (116)11/30/1998 5:21:00 PM
From: Rob   of 162
 
Additional South Dakota uranium property acquired; Peru holdings expanded
Strathmore Resources Ltd SMR
Shares issued 7,754,498 1998-11-27 close $0.42
Monday Nov 30 1998

Mr. Dev Randhawa reports
The company has acquired an additional uranium property in Fall River County, South Dakota. The property has a drill indicated resource of 3.8 million ounces U3O8, with an additional potential of 11.8 million pounds for a total potential of 15.6 million pounds. With this acquisition, Strathmore has a total drill indicated resource of 42,395,000 pounds U3O8, with a total additional potential of 95,300,000 pounds for a total potential resource of 137,695,000 pounds U3O8.
The company has added an additional four square kilometres to the 38 square kilometres it presently holds in Peru. This brings the company's holdings in Peru to 42 square kilometres. The company has discovered additional areas of uranium mineralization at its Macusani project in Peru.

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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