"Strathmore believes that Roca Honda is one of the best and highest grade undeveloped uranium deposits in the United States."

"The Roca Honda permit application submission is the culmination of three years of dedicated effort on behalf of Strathmore's permitting team and consultants, with the guidance and support of our partner, Sumitomo Corporation and the local Grants community."

"Roca Honda may be the most comprehensive mine permit document to be prepared in New Mexico since the New Mexico Mining Act of 1993 was enacted.

On October 27, 2009, Strathmore announced that the RHR LLC Joint Venture submitted a mine permit application for the proposed development of its flagship Roca Honda underground uranium project in the Grants Mineral District, New Mexico. This property, which is situated on public lands managed by the US Forest Service and the State of New Mexico, is held by Strathmore and Sumitomo Corporation of Japan, in their jointly owned subsidiary Roca Honda Resources LLC (RHR). Roca Honda represents one of the largest proposed uranium mines in the United States in over thirty years

The five volumes of supporting documents that comprise this application include:

1. Application --Documentation;
2. Sampling and Analysis Plan;
3. Baseline Data Report;
4. Mine Operations Plan; and
5. Reclamation Plan

Project Summary

The following summarizes the extensive work completed to advance the Roca Honda project to the permit application submission stage.

• March 2004: Roca Honda Property acquired along with the Kerr McGee uranium data base.
• August, 2005: Strathmore opens New Mexico Operations, Environmental, Permitting, and Regulatory Affairs office in Santa Fe.
• October, 2005: Strathmore acquires 640 acre New Mexico State Lease contiguous to Roca Honda.
• April, 2006: NI 43-101 technical report and resource estimate completed.

Previous Operator	Resource Classification	Tonnage	Grade %U3O8		lbs/U3O8
Kerr McGee	NI 43-101 Measured & Indicated	3,782,000		0.23	17,512,000
	NI 43-101 Inferred	4,546,000		0.17	15,832,000

• June, 2006: Strathmore initiates studies for an underground mine and a mill in New Mexico.
• September, 2006: Strathmore begins permitting process at Roca Honda.
• November, 2006: Strathmore purchases land for a potential mill site in Ambrosia Lake District near the Roca Honda project.
• July, 2007: Strathmore completes joint venture agreement with Sumitomo Corporation for the development of the Roca Honda project. RHR and a Joint Management Committee to oversee the project are created.
• April, 2008: Completed a 30% mill design report that presents the preliminary layout and equipment configuration for a 3,500 ton per day throughput capacity expandable to 7,000 tons per day.
• NI-43-101 report updated.
• September, 2008: Positive core assays received from monitor well drilling.
• November, 2008: Sampling and Analysis Plan submitted for regulatory review.
• January, 2009: Water Discharge Plan submitted for regulatory review.
• April, 2009: Roca Honda Water Discharge Permit deemed "administratively complete."
• April, 2009: Sampling and Analysis Plan, which was deemed "administratively complete."
• October, 2009. Mine Permit application submitted to state regulatory authorities and the US Forest Service.
• December 2009: Mine permit application deemed "administratively complete."
• March 2010: Scott Wilson Roscoe Postle Associates Inc. commissioned to prepare Roca Honda feasibility study.

The Company's permitting team is now preparing for the technical review process in the months ahead.

NI 43-101 reports can be viewed in their entirety on SEDAR or the Company's website at www.strathmoreminerals.com/s/TechReports.asp.

The technical information herein has been prepared in accordance with the Canadian regulatory requirements set out in NI 43-101 and reviewed by David Miller, CEO for Strathmore Minerals Corp., a qualified person under NI 43-101 guidelines. It should be noted that mineral resources which are not mineral reserves do not have demonstrated economic viability as defined by NI 43-101 guidelines.