Strathmore confirms 85% mineralization hit rate at Agate
Kelowna, British Columbia--(Newsfile Corp. - May 20, 2026) - Strathmore Plus Uranium Corporation (CSE: SUU) (OTCQB: SUUFF) (FSE: TO3) (" Strathmore " or " the Company ") is pleased to announce uranium assay results from core previously recovered from the Company's exploration drilling program at the Agate Project in Wyoming's prolific Shirley Basin District. Agate sits directly adjacent to projects held by Cameco and UEC and lies near to UR-Energy's satellite in-situ recovery (ISR) mine, which recently began operations in April 2026. The University of Wyoming's Geophysical Grant Study has produced more data on roll fronts that will give Strathmore some key targets for our next drill program.
UW's results so far indicate that magnetics and gravity studies support the use of certain Geophysical methods to locate uranium roll fronts. Drilling this Spring by Strathmore in the recently discovered northern lower sand trend, evidences the validity of UW's studies. We plan to continue to drill and expand the mineralization and generate a resource estimate once sufficient drill hole information allows.
Strathmore has drilled 294 holes at Agate, with mineralization present in over 85% of the drilling. As a partner in the University's study, Strathmore provided core from holes drilled adjacent to previously installed monitor wells. The core was collected to supplement their research, providing material for testing of metals and other minerals with varying electromagnetic signatures that may differentiate the geophysical characteristics in the various environments within the roll front deposits.
The core was assayed by Pace Analytical of Sheridan, Wyoming, an accredited lab that completes work for many of the uranium ISR mining companies in the state of Wyoming, in addition to studies on high grade samples from Arizona breccia pipes and the Athabasca basin in Canada. The lab utilized induced-coupled-plasma (ICP) spectroscopy to determine the uranium concentrations. The assay re