Drill Permit Received For The Night Owl Project

KELOWNA, BC - Strathmore Plus Uranium Corporation has received a drilling and exploration permit from the State of Wyoming for its flagship Night Owl project in the Shirley Basin uranium district. The permit is for a 30-hole drill program totaling 3,000 feet, commencing the first week of October. The drilling is planned to confirm the extent of the surface and shallow mineralization that has never been widely explored by drilling in the past.

In early summer, the company was able to identify significant new targets at Night Owl using airborne radiometric and magnetic surveys. The surveys were able to successfully delineate several new targets across the project during the initial study completed in October 2022. In addition to surveying the remainder of the Night Owl claim group, the survey included the 640-acre state mineral lease the Company acquired in late 2022. By flying closer and parallel to the ground, coupled with the ability to detect various radiometric signatures, the Company was able to delineate and differentiate mineralization.

Strathmore has strategically staked the core of the Night Owl production site and the surrounding areas. Production began without drilling along outcrop exposures in the mid 1950's. Night Owl was originally discovered by aerial surveys using an aircraft-mounted scintillometer followed by surface radiometric surveys and sampling since the mineralization is at or near the surface. The Night Owl area has not been properly explored using modern exploration techniques. Strathmore initiated modern geophysical techniques in the fall of '22 and spring of '23 to establish new drill targets.