 |
STM Resource Table
|
(Updated:
June 30, 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
|
|
- Marquez,
New Mexico
|
- Kerr McGee
(1977)
- H. Alief (2010)
|
- NI 43-101
Measured & Indicated
|
- 3,610,209
|
- 0.126
|
- 9,130,343
|
- 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
|
|
- 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
|
- 17,105,741
|
-
|
- 45,586,055
|
-
|
|
|
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 |
|
|
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)
|
NI 43-101 Measured
& Indicated
|
3,610,209 |
0.126 |
9,130,343 |
|
| H. Alief (2010) |
NI 43-101 Inferred |
2,159,520 |
0.114 |
4,906,695 |
|
|
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* |
|
| |
|
|
|
|
|
|
|
*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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-0.02