Strathmore Expands Agate Project With Strategic Claim Staking

Executive Summary

• Strathmore Plus Uranium announced the addition of 24 new mining claims (totaling 124 claims and ~2,560 acres) to expand its Agate Project in Wyoming.
• 2025 drilling program completed 45 holes (including 5 core holes), extending both northern and southern mineralized trends and achieving a 95 % hit rate on mineralization.
• The company cancelled 894,320 incentive stock options previously granted to officers and directors.

Key Details

• Project Expansion: 24 new mining claims staked north of the existing Agate area; total holdings now 124 claims (~2,560 acres).
• 2025 Drilling Highlights:
• 45 drill holes completed (5 cored).
• Northern lower sand trend extended >1,200 ft east, creating an open‑ended ~1 mile trend.
• Southern middle sand trend extended 500 ft, now ~1,300 ft long and open‑ended north–south.
• 95 % of drill holes intersected mineralization.
• Exploration Targets for 2026:
• Initiate Plan of Operation (POO) to permit drilling beyond the current 5‑acre disturbance limit; up to 50 holes permitted in spring 2026.
• Continue expanding northern trend eastward and southern trend northward to potentially merge trends.
• University of Wyoming Study: Additional US$120,000 granted for expanded geophysical and groundwater research, including deeper uranium targets at the Beaver Rim Project.
• Core Assay Program: UW will assay 2025 core samples in winter 2026; results to be compared with gamma logging data.
• Technical Report Planned: Winter 2026 technical report to discuss geology, groundwater, exploration potential, and possible mineral resource estimate based on 2023‑25 drilling and historic Kerr‑McGee data.
• Stock Option Cancellations: Aggregate of 894,320 incentive stock options cancelled in accordance with the company’s stock option plan and CSE policies.

Notable Quotes

“Momentum continues to build at Agate. Our land position is expanding on the strength of highly successful exploration, with 95% of drill holes intersecting mineralization.” – John DeJoia, P.Geo., Strathmore Plus Uranium Corp.

All boilerplate and forward‑looking disclaimer text omitted for brevity.