The Juniper Ridge Property (previously Red Creek) consists of 128 federal lode mining claims and 1 State of Wyoming mineral lease, totaling 3,200 acres. The Property was previously called the Juniper Ridge uranium district, and a historical resource of greater than 4 million pounds was reported by Urangesellschaft.

In January, 2007 Strathmore entered into a Joint Venture agreement with the Nevada based mining company Yellowcake Mining Inc. (YCKM:OTC BB) to develop the property. Details of the agreement were announced in the company's January 30, 2007 news release: Strathmore Completes LOI with $8 Million Commitment from Yellowcake Mining

At the Jeep Property, located in the Gas Hills Uranium District, 54 lode mining claims were added to the project earlier this summer, bringing the total number to 152 claims. This addition increased the project to 3,140 acres (1,270 Ha) in size. Previously the Company announced the filing of a National Instrument 43-101 measured and indicated resource estimate for the Jeep property of 316,636 tons grading 0.08% U3O8 for 483,395 pounds with an additional inferred resource of 152,762 tons grading 0.05% U3O8 for 168,003 pounds (see news release dated July 23, 2007).

In this press release, the property's size was upgraded to the 3,140 acres but the additional new claims were not included. The Joint Venture recently completed a 4,000 meter summer exploration drill program at the property (see news release dated September 18, 2007) and is reviewing plans for continued exploration activities to be carried out next year.

At the Juniper Ridge Property, located in the Poison Basin Uranium District of south-central Wyoming, 73 lode mining claims were added to the project earlier this summer, bringing the total number there to 201 claims in addition to one State of Wyoming Mineral Lease. This addition increased the project to 4,793 acres (1,940 Ha) in size from the previous 3,200 acres. The Juniper Ridge Project has an inferred historical resource (see press release dated February 1, 2007 under heading Red Creek) of 2,750,000 tons grading 0.10% U3O8 grade for 5,500,000 pounds (not NI 43-101 compliant).

Permitting activities at Juniper Ridge are ongoing. The Joint Venture recently received permits to begin the installation of six wells to monitor groundwater. Upon completion, pump tests will be performed to determine the hydrologic characteristics and samples will be obtained to determine baseline water quality. Drilling and installation activities are scheduled for spring 2008. In addition, plans for extensive exploration drilling to increase the extent of the known mineralization are under preparation.