Strathmore Minerals Corp. - Dalton Pass

Stage: Exploration and Development Pipeline

The Dalton Pass Property comprises 640 acres of federal lode mining claims. It is located between Church Rock and Crownpoint in the western part of the Grants Uranium District.

The previous operator, Pathfinder Mining Company, drilled in excess of 130 exploratory holes and completed a resource estimate in 1980. Pathfinder was determining the feasibility and amenability of in-situ extraction prior to abandoning development of the project in the 1980s due to the sharp decline in the uranium price.

In 2009, Strathmore completed a NI-43-101 compliant resource estimate.

Location	Previous Operator/Source (Date of Resource Estimate)	Resource Classification	Tonnage	Grade % U 3O 8	lbs/U 30 8
Dalton Pass (Sec. 32), NM	Pathfinder (1980) HM.Alief, 43-101 (2009)	NI 43-101 Measured NI 43-101 Indicated NI 43-101 Measured + Indicated NI 43-101 Inferred	447,000 1,176,000 1,623,000 908,000	0.09 0.10 0.10 0.08	839,000 2,232,000 3,071,000 1,530,0

The NI 43-101 resource estimates were taken from the NI 43-101 report entitled "Technical Report on Section 32, T17N, R13W, Dalton Pass Uranium Property, McKinley County, New Mexico", dated January 30, 2009, and prepared by M Hassan Alief, C.P.G., AIPG 11134, a qualified and independent person under National Instrument Policy 43-101. It should be noted that mineral resources which are not mineral reserves do not have demonstrated economic viability as defined by the NI 43-101 guidelines. The technical information in the previous table has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by David Miller, Chief Executive Officer for Strathmore Minerals Corp., PG 363 Wyoming and Society for Mining, Metallurgy & Exploration Registered Member 2205106RM, a Qualified Person under National Instrument 43-101.