
STM STOCK QUOTE
15:57 on
02-03-2012
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Stage: Exploration and Development Pipeline
The Sky property totals 800 acres. The claims are within the Wind River Basin of Wyoming. The property was originally discovered by Exxon minerals in the 1970's and was controlled by the Pathfinder group until the late 1980's.
Plans to develop Sky as an ISR recoverable resource have been deferred.
No work programs are planned in 2012.
Sky, Wyoming: NI 43-101 Compliant Resource Estimates
Location |
Previous Operator/Source
(Date of Resource Estimate) |
Resource
Classification |
Tonnage |
Grade % U3O 8 |
lbs/U 30 8 |
Sky, WY |
Pathfinder (1980)
C. Snow, 43-101 (2007) |
NI 43-101 Indicated
NI 43-101 Inferred |
669,000
55,000 |
0.07
0.05 |
948,000
54,00 |
The NI 43-101 resource estimates were taken from the NI 43-101 report entitled "Technical Report on the Sky Uranium Property, Fremont County, Wyoming", dated February14, 2007, and prepared by Charles D. Snow, PG 1064 Wyoming Consulting Geologist, a qualified and independent person under National Instrument Policy 43-101. It should be noted that mineral resources which are not mineral reserves do not have demonstrated economic viability as defined by the NI 43-101 guidelines. 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., PG 363 Wyoming and Society for Mining, Metallurgy & Exploration Registered Member 2205106RM, a Qualified Person under National Instrument 43-101.
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