 |
(Updated: February 18, 2010)
Strathmore Mineral: NI 43-101 Measured & Indicated Resources New Mexico and Wyoming
|
Location |
Previous Operator/Source
(Date of Resource Estimate) |
Resource
Classification |
Tonnage |
Grade % U 3O 8 |
lbs/U 30 8 |
Mining Method |
New Mexico and Wyoming |
|
|
|
|
|
|
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 or Conventional Underground |
Nose Rock, New Mexico Section 1 |
Phillips Uranium (1979)
Alief (2009) |
NI 43-101 Measured & Indicated |
884,091 |
0.147
|
2,593,486 |
ISR or Conventional Underground |
Dalton Pass, Sec 32, New Mexico |
Pathfinder (1980), / Alief (2009) |
NI 43-101 Measured & Indicated |
1,622,650 |
0.095 |
3,070,726 |
ISR or Conventional Underground |
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, Wyoming |
Exxon & Pathfinder (1980) C. Snow, 43-101, (2007) |
NI 43-101: Indicated NI 43-101: |
668,688 |
0.071 |
948,098 |
ISR |
| |
|
|
|
|
|
|
| |
|
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, www.strathmoreminerals.com
|
Uranium Resources Summary of all Properties
|
| Location |
Previous Operator / Source
(Date of Resource Estimate) |
Resource Classification |
Tonnage |
Grade %U3O8 |
lbs/U3O8 |
| Core Projects: New Mexico & Wyoming |
|
|
|
|
|
| Roca Honda, New Mexico |
Kerr McGee (1980) |
NI 43-101 Measured & Indicated |
3,782,000 |
0.230 |
17,512,000 |
| D. Fitch, 43-101 (2006) |
NI 43-101 Inferred |
4,546,000 |
0.170 |
15,832,000 |
Gas Hills (George-Ver, Bullrush, Loco- Lee), WY |
Federal American Partners (1984) |
Historical: Measured & Indicated |
6,131,504 |
0.069 |
8,440,490* |
Gas Hills
Frazier Lemac, WY |
Pathfinder (1996) |
Historical: Measured & Indicated |
696,327 |
0.109 |
1,522,000* |
Gas Hills: Andria, WY |
Federal American Partners (1984) |
Historical: Measured & Indicated |
739,565 |
0.064 |
949,100* |
Gas Hills: Day Loma, WY |
Energy Fuels (1978) |
Historical: Measured & Indicated |
456,096 |
0.213 |
1,940,945* |
Gas Hills: New Rock Hill WY |
Adobe/Union Carbide (1977) |
Historical: Measured & Indicated |
900,000 |
0.050 |
900,000* |
Gas Hills: Amazon:
Gas Hills: Sunset |
Federal American Partners (1984) |
Historical: Measured and Indicated |
284,572
1,394,924 |
0.064
0.065 |
365,019*
1,812,376* |
Development Project Pipeline: NM, WY, SD |
|
|
|
|
|
Jeep, WY |
Federal American Partners (1984)
|
NI 43-101: Measured & Indicated
|
316,636
|
0.076
|
483,395 |
| C. Snow, 43-101, (2007) |
NI 43-101: Inferred |
152,762 |
0.055 |
168,003 |
Reno Creek, (West Reno), WY |
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, WY |
Pathfinder (1980) |
Historical: Measured& Indicated
|
1,947,000 |
0.068
|
2,646,000* |
| Historical: Inferred |
625,000 |
0.060 |
750,000* |
SWD Claims Area, WY |
Utah International/ Pathfinder (1980) |
Historical: Measured & Indicated
Historical: Inferred |
497,000
271,000 |
0.095
0.074 |
944,000*
400,000* |
FMC Claim Area, WY |
Rocky Mountain Energy (1986) |
Historical: Measured & Indicated |
1,992,000 |
0.092 |
3,670,000* |
Ketchum Buttes, WY |
Pathfinder (1980) |
Historical: Measured & Indicated |
1,135,000 |
0.064 |
1,454,900* |
Juniper Ridge
(Red Creek),WY |
Urangesellschaft (1978) |
Historical: Measured & Indicated |
5,971,000 |
0.063 |
7,539,000* |
Copper Mountain, WY (See Note) |
Anaconda (1997) |
Historical: Indicated & Inferred |
Under Review |
Under Review |
Under Review |
Sky Project, WY |
Exxon & Pathfinder (1980)
|
NI 43-101: Indicated |
668,688
|
0.071
|
948,098
|
| C. Snow, 43-101, (2007) |
NI 43-101: Inferred |
55,086 |
0.049 |
54,496 |
Church Rock, New Mexico |
Kerr McGee (1980) |
NI 43-101 Measured & Indicated |
6,221,467 |
0.100 |
11,848,007 |
| D. Fitch, 43-101 (2005) |
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) |
NI 43-101 Measured & Indicated
|
884,061 |
0.147 |
2,593,486 |
| M. Alief, 43-101 (2009) |
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 (sec. 32), New Mexico |
Pathfinder (1980) |
NI 43-101 Measured & Indicated
|
1,622,650 |
0.095 |
3,070,726
|
| M. Alief, 43-101 (2009) |
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 & Inferred |
1,727,000 |
0.110 |
3,800,000* |
|
*The foregoing historical resource estimates presented in the table above were completed prior to the implementation of the NI 43- 101 requirements. Given the quality of the historic work completed on the properties in Wyoming and New Mexico discussed herein and the production history of Gas Hills Uranium District and the Grants Mineral District, the Company believes the resource estimates to be both relevant and reliable. However, a qualified person has not completed sufficient work to classify the historic mineral resources as current mineral resource, and the Company is not treating the historic resources as current. Hence, they should not be relied upon. It should be noted that mineral resources which are not mineral reserves do not have demonstrated economic viability. 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., a qualified person under National Instrument 43-101
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