Strathmore, KEPCO Continue Phase I of Gas Hills Exploration

Strathmore Minerals Corp. (TSX:STM, OTCQX:STHJF) and Korea Electric Power Corp. (KEPCO) reported that they are continuing with Phase I of the Gas Hills program, and drilling will resume in March and is expected to be completed by the second quarter. Gas Hills Uranium District, which is located in Wyoming, used to be the second biggest uranium producing area in the U.S.

As quoted in the press release:

 Chlumsky, Armbrust & Meyer LLC (“CAM”) of Denver, Colorado, author of the initial NI 43-101 Gas Hills technical report, dated July 31 2012, is currently updating the Main Gas Hills Properties resource estimate, based on the recommended Phase I drilling and ongoing work completed in 2012. CAM’s newly updated report will be completed during the quarter.

Click here to read the full Strathmore Minerals Corp. (TSX:STM, OTCQX:STHJF) press release.

Get the Latest Uranium Investing Stock Information

Get the latest information about companies associated with Uranium Investing delivered directly to your inbox.

Uranium

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Peninsula-Energy-Logo-

Peninsula Energy

Peninsula Energy (ASX:PEN) is set to be the ASX’s next uranium producer. Its flagship Lance Projects in Wyoming is headed towards production in 2015, with purchasing contracts secured for 2015 to 2024.

Connect here and don't miss their next catalyst!Learn More
Comments

Leave a Reply