Company Information for Strathmore Minerals Corp

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TSX.V; STM View full financial data

Company Statement

Strathmore Minerals Corporation is a Canadian based resource company specializing in the development of advanced uranium projects in the United States.

Strathmore's primary goal is to become a leading uranium producer in the United States. The Company has an extensive and diverse property portfolio, located primarily in Wyoming and New Mexico. In 2010, the Company will continue permitting its two core uranium development projects: Roca Honda in New Mexico and the Gas Hills in Wyoming.  A third project, the Pine Tree-Reno Creek Properties, has been sold for US $30 million, of which US $20 million was paid in cash and common shares of the acquiring company. This transaction closed on April 7th. In addition, the Company is continuing with its plan to monetize or joint venture non-core projects.

Strathmore Minerals is listed on both the TSX:V (STM) and OCTBB (STHJF).

Current Operations

Overview
Strathmore has an extensive and diverse portfolio of uranium properties in the United States, located primarily in New Mexico and Wyoming. In 2010, focus will continue on advancing the Roca Honda, New Mexico and Gas Hills, Wyoming, uranium development projects. The planned sale of its third core project, Pine Tree-Reno Creek, closed on April 7th, 2010.

Roca Honda represents on of the largest proposed uranium mines in the United States in the last thirty years. In October 2009, the Roca Honda LLC Joint Venture (Strathmore 60%/ Sumitomo Corp 40%) submitted a mine permit application for this project. It was subsequently deemed “administratively complete”, by federal and state regulatory agencies, and is now undergoing technical review. In March 2010, Scott Wilson Roscoe Postle Associates Inc. was commissioned to prepare a feasibility study.

Core Projects
Roca Honda, New Mexico: Roca Honda Resources LLC (Strathmore 60% Sumitomo Corp 40%)

Gas Hills, Wyoming (Strathmore 100%)

Exploration and Development Project Pipeline (Strathmore 100%)

Exploration and Development Pipeline

Wyoming

• Copper Mountain
• Shirley Basin
• Sky
• Juniper Ridge

New Mexico

• Marquez
• Church Rock
• Nose Rock
• Dalton Pass

South Dakota

• Chord

Geographical Spread

United States – Wyoming and New Mexico

Board of Directors and Key Management

David Miller	CEO and Director
Steven Khan	President and Director
Ralph J. Goehring	Director
Michael Halvorson	Director
Dr. Dieter Krewedl	Director
Mr. John DeJoia	Senior Vice President, New Mexico Operations
Mr. James Crouch	Vice President, Wyoming Operations
Mr. Juan Velasquez	Vice President, Government, Regulatory & Environmental Affairs

Company Address 700 - 1620 Dickson Avenue Kelowna, British Columbia, Canada V1Y 9Y2 Telephone: 250.868.8445 Facsimile: 250.868.8493 Email: info[at]strathmoreminerals.com Website: http://www.strathmoreminerals.com

Capital Working Capital: $29 million Shares Outstanding: 87,773,305 Options: 7,461,333 from $0.41 to $2.25 Warrants: 8,469,828 @ $0.75 Fully Diluted: 103.704,466

Related News

12/05/10 - Strathmore Minerals Looks Perfectly Positioned To Capitalise On The Likely Renaissance In The US Nuclear Power Industry

Most Recent Statement

10/08/10 - Strathmore Acquires Historical Data Libraries for George-Ver, Loco Lee & Day Loma Deposits in the Gas Hills, Wyoming
26/07/10 - Strathmore: Corporate Update
06/07/10 - Strathmore to Review Alternatives at Church Rock, New Mexico
21/06/10 - Strathmore Completes NI 43-101 Technical Report for the Marquez Uranium Property, New Mexico
07/04/10 - Strathmore Completes Pine Tree-Reno Creek Sale to Bayswater Uranium Corporation
17/03/10 - 2009 Year End Review