Strathmore Announces Drilling Plans for Beaver Rim in the Prolific Gas Hills District

Executive Summary

• Strathmore Plus Uranium Corporation announced a planned 5-hole, 5,000-foot exploration drill program at its Beaver Rim project in Wyoming, scheduled for late July 2026.
• The program will target the West Diamond area to extend and expand known uranium mineralization, building on 2024 drilling results and leveraging the project's adjacency to Cameco's highly productive Gas Hills in-situ recovery operation.
• The 5,744-acre project sits in the prolific Gas Hills uranium district, with historical and recent exploration indicating significant discovery potential for Wyoming-type roll front deposits.

Key Details

• Drill Program Specifications: 5 exploration holes totaling 5,000 feet, planned for late July 2026.
• Target Location: West Diamond area of the Beaver Rim project, immediately south and adjacent to Cameco's fully permitted Gas Hills in-situ recovery project.
• Regional Context: Cameco reports 13.3 million pounds of mineral resources at Gas Hills (per 2025 Annual Report). The broader Gas Hills district is Wyoming's largest uranium producer with >100 million pounds historically mined, and 50-100 million pounds estimated to remain.
• Previous Company Drilling: 2024 exploration at the eastern extent (Sage claims) successfully encountered uranium mineralization.
• Historical Drilling Data: A predecessor entity drilled a dozen holes in 2012 across 300-foot-thick sands, encountering multiple zones of mineralization.
• Geological Setting: Uranium mineralization is hosted at depths of 700-1,100 feet within stacked Wyoming-type roll front deposits contained in arkosic-rich sandstones of the Eocene-age Wind River Formation.
• Project Tenure: 278 wholly owned mining claims totaling 5,744 acres.
• Company Portfolio: Strathmore holds three permitted uranium projects in Wyoming: Agate, Beaver Rim, and Night Owl (a former surface mine that operated in the early 1960s).

Notable Quotes

• "In 2012, while part of the first Strathmore, we explored the area that is now the West Diamond claims. A dozen holes were drilled, and we encountered multiple zones of mineralization across the 300-foot-thick sands. Our plan is to return to this area and hopefully extend and expand the area of known mineralization, especially that which is noted to trend south from Cameco's property. Beaver Rim has great exploration potential for discovery of new, large uranium deposits like those previously mined or currently delineated in the Gas Hills." — Terrence Osier, VP of Exploration