Strathmore Submits Application For Open Pit Uranium Project

Strathmore Minerals Corp. (TSX:STM,OTCQX:STHJF) announced it has submitted an application for an open pit uranium project in the Gas Hills district of Wyoming.

As quoted in the press release:

This property comprises over 35,000 acres and includes multiple, shallow, mineralized deposits with a National Instrument 43-101 (NI 43-101) compliant resources. The application provides an overall plan for the sequential development of these shallow open pit deposits. The Company believes that Gas Hills is one of the best undeveloped uranium districts in the United States.

Strathmore’s Gas Hills mine permit application was completed with the financial support of Korea Electric Power Corporation (KEPCO). Earlier this year, KEPCO became the Company’s largest shareholder after entering into a strategic agreement, which included a private placement of Strathmore common shares, and a two phase plan for advancement of the Gas Hills development project.

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