Strathmore's goal is to become a leading uranium producer in the United States. Strathmore has been a uranium company since 1996 and executed a property acquisition strategy in 2003-04 when the uranium price was between US $7-15 per pound. The Company acquired advanced uranium projects in the two largest historical uranium producing regions in the United States: the Gas Hills Uranium District in Wyoming and the Grants Mineral District in New Mexico. Operations offices were opened in Riverton, Wyoming and Santa Fe, New Mexico in 2005. Projects were reviewed and prioritized and permitting efforts were initiated.
Two core uranium development projects are advancing towards production: the Gas Hills and Roca Honda in New Mexico. The Company holds 100% of the Gas Hills, Wyoming Project. In 2007, the Roca Honda, New Mexico project was joint ventured with Sumitomo Corp of Japan.
A third advanced project, Reno Creek-Pine Tree, is being sold to Bayswater for $30MM in a transaction that is expected to close by the end of 2009.
Resources
Strathmore Minerals web site
Strathmore Corporate Presentation - 2009
Projects Overview
Strathmore Minerals Corp: The True Super Uranium Junior by Mickey Fulp
Jay Taylor interview with Strathmore CEO David Miller
CertainRuin blog on Strathmore
Uranium Stocks board
Charts and Images
Strathmore - weekly chart
Strathmore Properties
Gas Hills Roll Front
Gas Hills Map
Gas Hills - George Ver Deposit
New Mexico Properties
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