

Strathmore Minerals Corp.
312 - 1708 Dolphin Avenue
Kelowna, BC, Canada
V1Y 9S4
Tel: 250.868.8445 Fax: 250.979.6363
Web: www.strathmoreminerals.com
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| Exchange | TSX |
| Exchange Symbol | VGM |
| OTCQX Symbol | STHJF |
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Share Structure as of: February 2013
Issued & Outstanding: 123.7 million
Fully Diluted Shares: 137.3 million
Craig Christy, MA
Corporate Secretary & IR
Strathmore Minerals Corp.
250.868.8445
info@strathmoreminerals.com
Jeremy Hill
Account Manager
CHF Investor Relations
416.868.1079 x 238
jeremy@chfir.com
Content last updated on 03.07.13
Strathmore Minerals Corp. (TSX:STM, OTCQX:STHJF) is a Canadian based mineral development company with a diverse property portfolio in New Mexico and Wyoming. In 2012, the Company will advance permitting for its two core uranium development projects: Roca Honda NM and Gas Hills WY, and begin evaluating the Copper King Au-Cu project in Wyoming.
Strathmore’s goal is to become a leading uranium producer in the United States.
Read Strathmore's Article in CHF Spotlight, Issue 74
Roca Honda Resources LLC
Strathmore 60% / Sumitomo 40%
Roca Honda, New Mexico, is a “Company Maker” project. It is one of the largest and highest grade pro-posed uranium mines in the USA in over thirty years. Development is subject to obtaining the necessary regulatory approvals and a positive production decision. A mine permit application was submitted in October 2009. The Environmental Impact Statement is under preparation and is scheduled to be completed by mid-2013. A mine permit decision is expected in late-2013. A positive PEA and updated resource was recently completed by Roscoe Postle Associates, Inc.
Gas Hills – WY
Strathmore 100% -KEPCO 40% earn-in
In February 2012, Korea Electric Power Corp. (KEPCO) optioned the Gas Kills uranium development project and can earn-in a 40% interest by spending $US32 million over a three year period beginning in 2013. Up to US$8 million has been budgeted for drilling at Beaver Rim & ongoing permitting activities in 2012.
The Gas Hills Uranium District is located 45 miles east of Riverton Wyoming, home of the Company’s US exploration and development office. The majority of the production in this area was from conventional open-pit mining between 1957-1989.
Strathmore and Cameco are the dominant land holders in the Gas Hills. Strathmore’s property holdings exceed 35,000 acres, including 16,000 acres in the highly prospective, unexplored Beaver Rim, to the south off the Main Gas Hills area. Primary focus to date has been in the Main Gas Hill where the Company plans to sequentially develop several near surface open pits, subject to obtaining the necessary mining permits and other regulatory approvals.
The uranium is hosted within roll-front sandstone deposits of the Eocene Wind River Formation. The historical resource for the Gas Hills Properties is 10.8 million tons at an average grade of 0.08% U308 for a total of 16.2 million pounds (Not NI 43-101 Compliant)*.
In August 2010, comprehensive data libraries for several of the known deposits were acquired. Confirmation and exploration drilling was conducted in 2011-2012. Monitor wells for water quality data collection were also installed. A new NI 43-101 technical report was completed in August.
Significant infrastructure exists on or near the Gas Hills properties, and Rio Tinto’s Sweetwater Mill is located approximately 70 miles from the project. Alternatively, evaluation of a nearby former historic mill site to determine the feasibility of a new mill or heap leach facility is underway.
Mine permit application submitted in Q4 2012. NI 43-101 resource update forthcoming.
Copper King Au-Cu Project, Wyoming
Copper King Project, Wyoming, NI 43-101 Resource Estimate:
Positive Preliminary Economic Assessment (PEA) Received (August 2012)
“ Using Base Case US $1,100 /oz Gold Price and US $3.00/lb achieves 31.2% IRR and pre-tax $ US 159 Million NPV (5% Discount) including 5% State Royalty.
Capital Cost Estimate US $104 Million with an approximate 2.4 Year Payback
Strathmore cautions that the PEA is preliminary in nature and includes inferred resources that are considered to be too speculative geologically for economic consideration that would enable them to be classified as mineral reserves. There is no certainty that the PEA will be realized.
The historical estimates presented herein were completed prior to the implementation of the NI 43-101 policy. Given the quality of the historic work completed, 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 resources as current mineral resources; and is not treating the historic estimates 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 under NI 43-101. The technical information herein has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed by David Miller, CEO for Strathmore Minerals Corp., PG 363 Wyoming and Society for Mining, Metallurgy & Exploration Reg. Member 2205106RM, a Qualified Person under NI 43-101. This profile may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. See www.strathmoreminerals.com for more information.
David Miller, CEO, Director
Steve Khan, Chairman, President, Director
John DeJoia. Senior Vice President, New Mexico Operations
Jim Crouch, Vice President, Wyoming Operations
Juan Velasquez, VP Regulatory Affairs
Patrick Groening, Chief Financial Officer
Craig Christy, Secretary & Investor Relations
Dr. Dieter Krewedl, Director
Ralph J. Goehring, Director
Timothy M. Janke, Director
Dr. Hans von Michaelis, Executive Advisory Board
Michael Halvorson, Executive Advisory Board