Strathmore Minerals Corp.
TSX VENTURE : STM

Strathmore Minerals Corp.

September 18, 2007 20:00 ET

Strathmore Updates Exploration Drilling Results at Jeep Project, Wyoming

KELOWNA, BRITISH COLUMBIA--(Marketwire - Sept. 18, 2007) - Strathmore Minerals Corporation ("Strathmore" or "the Company") (TSX VENTURE:STM) is pleased to announce exploration results from drilling activities at the Jeep property, a Joint Venture with Yellowcake Mining Inc. The Jeep property is located in the Gas Hills Uranium District, 45 miles east of Strathmore's Exploration and Development office in Riverton, Wyoming. The Gas Hills District historically produced 100 million pounds of uranium concentrate from sandstone hosted roll-front deposits and was the second most prolific uranium mining district in the United States during the past uranium cycle.

The Jeep property is comprised of 152 lode mining claims covering 3,140 acres (1,270 ha). A National Instrument 43-101 compliant resource calculation was released July 23, 2007. The Jeep Project is being evaluated for potential future development as an in-situ recovery operation.

The Joint Venture recently completed 40 exploratory drill holes totaling 13,335 feet (4,000 m). The primary target of the drilling was the Eocene Wind River Formation's Puddle Springs Arkose Member where uranium mineralization is found at depths of 250-350 feet, within a favorable sandstone environment. The drill program was successful in extending the existing mineralized zone 1,000 feet into previously unexplored ground. The mineralized zone has also now divided into three, distinct, mineralized horizons all of which have the potential to develop recoverable "roll-front" uranium. The 2007 drilling identified mineralized intervals from 4.5 to 19 feet thick. Thirteen of the 39 holes completed (one lost hole) or 33% contained intercepts above the minimum cutoff of 0.02% U3O8 grade. The highest grade logged was .5 feet grading .36% eU3O8 within a 12.5 feet interval grading 0.058% eU3O8. All holes had gamma signatures that were useful in tracking the "roll front" development. The results will be analyzed this winter, new uranium resources will be calculated and additional, drilling will be planned next season to expand the area of known mineralization.

This exploration drilling was conducted by a Riverton, Wyoming drilling company. The down-hole geophysical logging for gamma, spontaneous potential and resistivity was performed by Strathmore technicians using industry-standard procedures and a Company-owned logging truck. 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

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 policy NI 43-101. It should be noted that mineral resources which are not mineral reserves do not have demonstrated economic viability.

Yellowcake Mining Inc. (OTCBB:YCKM) is a Nevada based uranium exploration and development company and is committed to spending US$10 million over 6 years for a 60% interest in the Jeep Project. Strathmore has retained the right to an 11% buyback.

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.

ON BEHALF OF THE BOARD

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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