 |
(Updated: February 5, 2010)
Strathmore Mineral: NI 43-101 Measured & Indicated Resources Wyoming and New Mexico
|
Location |
Previous Operator/Source
(Date of Resource Estimate) |
Resource
Classification |
Tonnage |
Grade % U 3O 8 |
lbs/U 30 8 |
Mining Method |
Wyoming
|
|
|
|
|
|
|
Gas Hills, (Jeep), WY |
Federal American Partners (1984)
C. Snow, 43-101, (2007) |
NI 43-101: Measured & Indicated
|
316,636
|
0.076
|
483,395
|
ISR |
Reno Creek, ( West Reno), WY |
Rocky Mountain Energy (1986)
C. Snow, 43-101 (2008) |
NI 43-101: Measured & Indicated
|
5,677,920 |
0.065
|
7,433,499 |
ISR |
SW Reno Creek, Sec 36 & Claim Group, WY |
TVA/Rocky Mountain Energy (1986) C. Snow, 43-101 (2008)
|
NI 43-101: Measured & Indicated
|
2,590,943
|
0.068
|
3,526,495
|
ISR |
Sky |
Exxon & Pathfinder (1980)
C. Snow, 43-101, (2007) |
NI 43-101: Indicated NI 43-101: |
668,688
|
0.071 |
948,098 |
ISR |
New Mexico
|
|
|
|
|
|
|
Roca Honda, New Mexico |
Kerr McGee (1980)
D. Fitch, 43-101 (2006) |
NI 43-101 Measured & Indicated
|
3,782,000 |
0.230 |
17,512,000 |
Conventional Underground |
Church Rock, New Mexico
|
Kerr McGee (1980)
D. Fitch, 43-101 (2005) |
NI 43-101 Measured & Indicated |
6,221,467 |
0.100
|
11,848,007
|
ISR |
Nose Rock, New Mexico Section 1
|
Phillips Uranium (1979), Alief (2009)
|
NI 43-101 Measured & Indicated
|
884,091 |
0.147 |
2,593,486 |
Conventional Underground |
Dalton Pass, Sec 32, New Mexico
|
Pathfinder (1980), Alief (2009)
|
NI 43-101 Measured & Indicated
|
1,622,750 |
0.095
|
3,070,726 |
Conventional Underground |
| |
|
TOTAL |
21,764,395 |
|
47,415,706 |
|
The information in this table has been prepared in accordance with the Canadian regulatory requirements set out in NI 43-101 and reviewed by David Miller, Chief Executive Officer for Strathmore Minerals Corp., a qualified person under policy NI 43-101. It should be noted that mineral resources which are not mineral reserves do not have demonstrated economic viability
All NI-43-101 reports referenced in this table can be reviewed in their entirety on SEDAR, www.sedar.com or the Company's website, http://www.strathmoreminerals.com/s/TechReports.asp
|
Uranium Resources Summary by Property
The following table updates the Company's uranium resources as at December 31, 2008. Additions and changes are anticipated for 2009 as drilling databases are acquired and analyzed. The table includes NI 43-101 compliant (Measured and Indicated, and Inferred), and historical resources as defined by the results of exploration completed by previous mining companies. It revisits previously released information and adds the new historical and/or NI 43-101 resources where appropriate. The Company's primary Gas Hills and Pine Tree- Reno Creek Properties in Wyoming and Roca Honda in New Mexico are in bold.
|
| Location |
Previous Operator |
Resource Classification |
Tonnage |
Grade %U3O8 |
lbs/U3O8 |
WYOMING |
|
|
|
|
|
| Gas Hills (Bullrush, LocoLee, George-Ver),
Wyoming |
Federal American Partners (1984) |
Historical: Measured & Indicated |
6,131,504 |
0.069 |
8,440,490* |
| Gas Hills (Frazier LeMac), Wyoming |
Pathfinder (1996) |
Historical: Measured & Indicated |
696,327 |
0.109 |
1,522,000* |
| Gas Hills (Andrea), Wyoming |
Federal American Partners (1984) |
Historical: Measured & Indicated |
739,565 |
0.064 |
949,100* |
| Gas Hills (East Day Loma), Wyoming |
Energy Fuels (1978) |
Historical: Measured & Indicated |
456,096 |
0.213 |
1,940,945* |
| Gas Hills (New Rock Hill), Wyoming |
Adobe / Union Carbide (1977) |
Historical: Measured & Indicated |
900,000 |
0.050 |
900,000* |
Gas Hills (Amazon), Wyoming
|
Federal American Partners (1984) |
Historical: Measured & Indicated |
284,572 |
0.064 |
365,019* |
| Gas Hills ( Sunset), Wyoming |
Federal American Partners (1984) |
Historical: Measured & Indicated |
1,394,924 |
0.065 |
1,812,376* |
| Gas Hills (Jeep), Wyoming |
Federal American Partners (1984)
C. Snow, 43-101 (2007) |
NI 43-101 Measured & Indicated |
316,636 |
0.076 |
483,395 |
| NI 43-101 Inferred |
152,762 |
0.055 |
168,003 |
| West Reno (Reno Creek), Wyoming |
Rocky Mountain Energy (1986)
C. Snow, 43-101 (2008) |
NI 43-101 Measured & Indicated |
5,677,929 |
0.065 |
7,433,499 |
| NI 43-101 Inferred |
2,633,800 |
0.065 |
3,406,771 |
| Pine Tree, Wyoming |
Pathfinder (1980) |
Historical: Measured & Indicated |
1,947,000 |
0.069 |
2,646,000* |
| Historical: Inferred |
625,000 |
0.060 |
750,000* |
| Sec. 36 (SW Reno Creek), Wyoming |
TVA (1986)
C. Snow, 43-101 (2008) |
NI 43-101 Measured & Indicated |
2,590,943 |
0.068 |
3,526,495 |
| NI 43-101 Inferred |
1,163,130 |
0.057 |
1,327,635 |
| SWD Claims Area, Wyoming |
Utah International/Pathfinder (1980) |
Historical: Measured & Indicated |
497,000 |
0.095 |
944,000* |
| Historical: Inferred |
271,000 |
0.074 |
400,000* |
| FMC Claim Area, Wyoming |
Rocky Mountain Energy (1986) |
Historical: Measured & Indicated |
1,992,000 |
0.092 |
3,670,000* |
| Ketchum Buttes, Wyoming |
Pathfinder (1980) |
Historical: Measured & Indicated |
1,135,000 |
0.064 |
1,454,900* |
| Juniper Ridge, Wyoming |
Urangesellschaft (1978) |
Historical: Measured & Indicated |
5,971,000 |
0.063 |
7,539,000* |
| Copper Mountain, Wyoming |
Anaconda (1997) |
Historical: Measured & Indicated |
Under Review |
Under Review |
Under Review |
| Sky Project, Wyoming |
Exxon & Pathfinder (1980)
C. Snow, 43-101, (2007) |
NI 43-101 Indicated |
668,688 |
0.071 |
948,098 |
| NI 43-101 Inferred |
55,086 |
0.049 |
54,496 |
NEW MEXICO |
|
|
|
|
|
| Roca Honda, New Mexico |
Kerr McGee (1980)
D. Fitch, 43-101 (2006) |
NI 43-101 Measured & Indicated |
3,782,000 |
0.230 |
17,512,000 |
| NI 43-101 Inferred |
4,546,000 |
0.170 |
15,832,000 |
| Church Rock, New Mexico |
Kerr McGee (1980)
D. Fitch, 43-101 (2006) |
NI 43-101 Measured & Indicated |
6,221,467 |
0.100 |
11,848,007 |
| NI 43-101 Inferred |
1,950,560 |
0.090 |
3,525,342 |
| Roca Honda North, New Mexico |
Kerr McGee (1980) |
Historical: Measured & Indicated |
87,000 |
0.179 |
312,000* |
| Marquez, New Mexico |
Kerr McGee (1980) |
Historical: Measured, Indicated & Inferred |
2,754,000 |
0.170 |
9,362,000* |
| West Largo, New Mexico |
Kerr McGee (1980) |
Historical: Measured & Indicated |
20,000 |
0.115 |
46,000* |
| Historical: Inferred |
362,000 |
0.212 |
1,534,000* |
| Nose Rock (Sec. 1), New Mexico |
Phillips Uranium (1979)
M. Alief, 43-101 (2009) |
NI 43-101 Measured & Indicated |
884,091 |
0.147 |
2,593,486 |
| NI 43-101 Inferred |
167,012 |
0.135 |
452,129 |
| Nose Rock (Sec. 36), New Mexico |
Phillips Uranium (1979)
|
Historical Measured & Indicated |
4,293,712 |
0.163 |
14,017,298 |
| Historical Inferred |
89,870 |
0.159 |
285,787 |
| Dalton Pass, New Mexico |
Pathfinder (1980)
M. Alief, 43-101 (2009) |
NI 43-101 Measured & Indicated |
1,622,750 |
0.095 |
3,070,726 |
| NI 43-101 Inferred |
908,127 |
0.084 |
1,529,823 |
| Sec. 2 13N 9W (New Mexico State Lease) |
Homestake (1979) |
Historical: Inferred |
198,665 |
0.167 |
665,268* |
| Chord, South Dakota |
Union Carbide/TVA (1998) |
Historical: Measured, Indicated and Inferred |
1,727,000 |
0.110 |
3,800,000* |
| *The foregoing historical resource estimates presented in this table were completed prior to the implementation of the NI 43-101 requirement. Given the quality of the historic work completed, the Company believes the resource estimates to be both relevant and reliable. However, a qualified person has not completed sufficient work to classify these historic mineral resources as current mineral resources; and is not treating the historic resources as current. Hence, they should not be relied upon. Technical information in this 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., a qualified person under National Instrument 43-101.
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