Strathmore Updates Mine Permitting and Mill Licensing Activities at Roca Honda Uranium Development Project, New Mexico
(firmenpresse) - KELOWNA, BRITISH COLUMBIA -- (Marketwire) -- 10/14/11 -- STRATHMORE MINERALS CORP. ("Strathmore" or the "Company") (TSX: STM)(OTCQX: STHJF) is pleased to announce that the Roca Honda Resources LLC ("RHR") mine permit application technical review process and preparation of the Environmental Impact Statement ("EIS"), currently ongoing, remains on schedule. An agreement between RHR, the United States Forest Service ("USFS") and Mangi Environmental Group ("Mangi"), for a definitive schedule that commits to completing the EIS by December 2012, was recently signed by all three parties. A decision regarding the mine permit is expected shortly thereafter. In addition, RHR is developing the baseline data and is completing the engineering design for its associated mill project. A mill license application to the Nuclear Regulatory Commission ("NRC") is expected to be submitted in mid-2012.
Roca Honda, New Mexico: Strathmore 60% Sumitomo Corp (Japan) 40%
The following highlights the ongoing mine permitting and mill licensing activities in 2011:
RHR Mine Permit
Strathmore continues to work closely with state and federal agencies, and maintains an ongoing dialogue with members of the public, and interest groups. Progress continues with the technical review process, which will ultimately lead to the completion of the Environmental Impact Statement by December 2012.
Pena Ranch Mill Site
At the Pena Ranch Mill Site, preparation of the NRC mill license application will continue throughout the remainder of the year and into 2012, with the goal of submitting an application by mid-2012. A meeting with the NRC is planned for November to discuss RHR's licensing activities in advance of the application submission.
Roca Honda Property
The Roca Honda Property is located in the Grants Mineral District, New Mexico. It is 60% owned by Strathmore and 40% owned by Sumitomo Corp of Japan under their jointly owned subsidiary, Roca Honda Resources LLC.
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by David Miller, Chief Executive Officer for Strathmore Minerals Corp., a Qualified Person under National Instrument 43-101.
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 Vancouver, British Columbia with a branch administrative office in Kelowna, the Company also has a U.S. based Development Office in Riverton, Wyoming and a Government, Regulatory & Environmental Affairs Office in Santa Fe, New Mexico. STRATHMORE MINERALS CORP. Common Shares are listed on the TSX under the symbol "STM" and trade on the OTCQX International electronic trading system in the United States under the symbol "STHJF".
This news release contains "forward-looking information" that is based on Strathmore Minerals Corp.'s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Strathmore's exploration and development plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect," "anticipate," "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Strathmore's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the historical resource estimates, the work expenditure commitments; the ability to raise sufficient capital to fund future exploration or development programs; changes in economic conditions or financial markets; changes in input prices; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining, or advancing projects; and labour relations matters.
This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Strathmore Minerals Corp. disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
ON BEHALF OF THE BOARD
David Miller, CEO
Contacts:
Strathmore Minerals Corp.
Craig Christy
Investor Relations
1-800-647-3303
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 14.10.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 76257
Anzahl Zeichen: 0
contact information:
Town:
KELOWNA, BRITISH COLUMBIA
Kategorie:
Mining & Metals
Diese Pressemitteilung wurde bisher 214 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Strathmore Updates Mine Permitting and Mill Licensing Activities at Roca Honda Uranium Development Project, New Mexico"
steht unter der journalistisch-redaktionellen Verantwortung von
Strathmore Minerals Corp. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
