Strathmore continues to work with BC regulator on technical review of assets

Strathmore Minerals (TSE:STM)(OTCQX:STHJF) announced late Tuesday that it is continuing to work with the British Columbia Securities Commission (BCSC) in connection with the BCSC's "limited technical disclosure" review of the company's technical reports for its Gas Hills and Church Rock assets.

After "extensive review" of the technical report on the Gas Hills uranium project in Wyoming dated July 20, 2011, and consultation with the BCSC, the company said it has decided to appoint another technical report author to prepare a new technical report on the property.

Strathmore is also continuing to work with the authors of the scoping study for the Church Rock deposit in McKinley County, New Mexico to ensure that the report is "fully NI 43-101 compliant".

As noted in a company statement in August, Strathmore reiterated: "Investors should not rely on the previously filed technical reports for Gas Hills or Church Rock and should not rely on the mineral resources for Gas Hills disclosed in the company's press releases dated July 21, 2011 or August 5, 2011 or the preliminary economic assessment of Church Rock disclosed in the company's news release dated April 5, 2011."

At the end of July, Strathmore submitted a resource estimate on the Gas Hills property, which included over 5.5 million tonnes grading 0.097% triuranium octoxide, the naturally occurring form of uranium, for a total of more than 10.7 million pounds of the element in the measured and indicated category.

Historical resources were estimated at approximately seven million pounds grading 0.72% triuranium octoxide, for a total of 10.1 million pounds.

Strathmore is a Vancouver-based resource company specializing in the strategic acquisition, exploration and development of uranium properties in the United States.