Strathmore Minerals Corp.

Strathmore Minerals Corp.

September 06, 2007 09:44 ET

Strathmore Discovers New High Grade Uranium Mineralization at Roca Honda

KELOWNA, BRITISH COLUMBIA--(Marketwire - Sept. 6, 2007) - Strathmore Minerals Corp. ("Strathmore" or "the Company") (TSX VENTURE:STM) is pleased to announce that significant uranium mineralization was encountered during installation of the second monitor well at its Roca Honda, New Mexico development project. This new uranium zone is located in Section 16 in a previously unexplored area of the property. High grade uranium mineralization, including a 9 foot interval grading 0.56% eU3O8 (11.2 lbs/ton) was discovered (See table below).

John DeJoia P.G., Vice President of Technical Affairs said, "We are very excited, but not surprised, with the mineralization found in this hole. The results validate our evaluation of the great potential to expand the Roca Honda resource. We expect additional drilling to further demonstrate both the continuity and high quality of this project. Although we have hundreds of drill holes on this property, the team is particularly excited by the fact that this borehole is located in an area that has not been previously explored."

As part of the monitor well installation program, a pilot drill hole was advanced and core was collected from mineralized bearing sandstones. Uranium mineralization was observed in several of the core runs, and subsequent gamma logging confirmed significant uranium mineralization (eU3O8) from several intercepts as follows:

S2-Jmw-CH-07 Uranium Intercepts (eU3O8)
Interval (ft) Thickness (ft) Grade % GT Sand Unit lbs U3O8 / ton
1731 - 1734 3.0 0.16 0.48 A 3.2
1748 - 1757 9.0 0.56 5.08 A 11.2
1792 - 1793.5 1.5 0.20 0.30 B1 4.0

The term "eU3O8" refers to equivalent uranium as calculated through the use of down-hole radiometric instrumentation and industry standard techniques for gamma log interpretation. Geophysical logging was completed by Jet West Geophysical Services, and included calibration of the gamma logging tool at the Federal Department of Energy facilities, located near the City of Grants, New Mexico.

Matt Hartmann, P.G., Strathmore's Senior Development Geologist responsible for the Roca Honda drilling program said, "These results help to confirm our expectations of finding additional, high grade mineralization in a sparsely drilled area of Section 16 and indicate the possibility of a new, high grade mineralized trend over a distance of one-half mile in unexplored ground. During this geological and hydrogeological data collection phase, we targeted prospective areas of potential mineralization within the property when those locations were capable of meeting the objectives of the permitting program. Roca Honda is an exciting deposit and I remain optimistic that further drilling will generate additional positive results."

Core samples from mineralized zones will be analyzed by Energy Laboratories Inc. of Casper, Wyoming to obtain chemical uranium concentrations. Because known uranium deposits in the vicinity of the Roca Honda property have historically been in equilibrium, Strathmore anticipates that the analytical results will closely follow the gamma log interpretations.

NOTE: To view a photo of the archived core, please click the following link:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in NI 43-101 and reviewed by David Miller, President and Chief Operating Officer 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.

STRATHMORE MINERALS CORP. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties in the United States. Headquartered in Kelowna, British Columbia, the Company also has U.S. based Development Offices in Riverton, Wyoming and Santa Fe, New Mexico. STRATHMORE MINERALS CORP. Common Shares are listed on the TSX Venture Exchange under the symbol "STM".

This news release 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.


David Miller, President and COO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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