 |
Strathmore Minerals Corp. (TSX-STM.V / OTC. PK: STHJF)
Strathmore Minerals Corporation is a Canadian based resource company specializing in the development of advanced uranium properties in the United States.
Strathmore's primary goal is to become a leading uranium producer in the United States. The Company has an extensive and diverse property portfolio, located primarily in Wyoming and New Mexico. In 2010, the Company will continue permitting its two core uranium development projects: Roca Honda in New Mexico and the Gas Hills in Wyoming. A third project, the Pine Tree-Reno Creek Properties, has been sold for US $30 million value, of which US $17.5 million was received in cash and US $ 2.5 in common shares of the acquiring company. Strathmore retains a 5 % production royalty valued at US $10 million. This transaction closed on April 7th, 2010. In addition, the Company is continuing with its plan to monetize or joint venture non-core projects. For a summary of Strathmore's properties along with the associated resource figures, please click here.
Strathmore's Management and Technical team led by CEO David Miller, has over 200 years of uranium exploration & development, and mining experience in the United States. For more information regarding our management team, please click here.
| |
-0.02