Exploration data for the George-Ver and Loco Lee deposits have been acquired from Cameco, and a second data base for the Day Loma deposit was acquired in an earlier private transaction.
David Miller, CEO of Strathmore, said: “These data libraries are strategic to advancing Strathmore’s mine permit application in the Gas Hills. They are also necessary for the preparation of NI 43-101 technical reports and resource calculations, in particular at George-Ver and Loco Lee, which have been the primary focus of our permitting activities.
“However, Day Loma may turn out to be our best existing uranium deposit in the Gas Hills as a preliminary review of the extensive drill log data indicates there may be significantly more uranium mineralization present as a result of historical exploration and development work that was not previously known to Strathmore.”
The company said that it is currently incorporating the new data into the open-pit design plans for George-Ver and for completing the mine permit application.
