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Strathmore Plus Uranium Corp. (TSXV:SUU) – Notable News

September 11, 2024

Strathmore Plus Uranium Corp. (TSXV:SUU, Not Rated, David A. Talbot) announced that it has received the drill permit to undertake up to 10,000 feet of exploratory drilling at its Beaver Rim uranium ISR project in the Gas Hills uranium district of Wyoming. Beaver Rim is located adjacent to and south of Cameco’s (TSX:CCO, Not Rated) Gas Hills ISR project. Previous drilling at the project encountered stacked roll fronts at the West Diamond claim group at depths of 700 to 1,000 feet. We believe Beaver Rim’s proximity to other proven deposits and its previously identified prospectivity provides blue sky exploration potential. Any drilling success at the project could add significant value to Strathmore’s portfolio in Wyoming. Meanwhile, we look forward to fall drilling and a mineral resource estimate at its Agate project, where the initial 100-hole drill program discovered mineralization in the Middle Sand horizon of the Wind River formation (read notable). Read more

Company Specific Disclosure Details

Strathmore Plus Uranium Corp. – TSXV:SUU – 1,2,3

  1. The analyst has visited the head/principal office of the issuer or has viewed its material operations.
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  3. In the last 12 months preceding the date of issuance of the research report or recommendation, Red Cloud Securities Inc. has performed investment banking services for the issuer.   
  4. In the last 12 months, a partner, director or officer of Red Cloud Securities Inc., or an analyst involved in the preparation of the research report has provided services other than in the normal course investment advisory or trade execution services to the issuer for remuneration. 
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  7. A partner, director, officer, employee or agent of Red Cloud Securities Inc. serves as a partner, director, officer or employee of (or in an equivalent advisory capacity to) the issuer.
  8. Red Cloud Securities Inc. is a market maker in the equity of the issuer.
  9. There are material conflicts of interest with Red Cloud Securities Inc. or the analyst who prepared or participated in the preparation of the research report, and the issuer.

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