Strathmore Plus Energy Corporation announced that it has received its first batch of assay results from the Night Owl uranium project in the Shirley Basin district of Wyoming. Uranium concentrations in the four samples tested included 0.326%, 0.283%, 0.226%, and 0.189% Uranium (U). The uranium concentrations are similar to those reported for historically mined ore at the property.

Additional metals at notably high concentrations included iron, manganese, phosphorous, and sulfur. Due to accessibility, the highest-grade sample that was tested was one that had a reading of 4800CPS. Further assay results are expected in the coming weeks from samples with off scale Scintillometer readings.

The mineralization is contained within a brecciated zone lying at the unconformable contact between the Mississippian Madison Formation (limestone) and the overlying Pennsylvanian-Permian Casper Formation (sandstone). The 7- to 10- foot-thick zone of breccia consists of voids filled with silicious materials containing complex uranium minerals, including uranyl phosphates. The assay study was completed 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.

The assay utilized induced-coupled-plasma (ICP) spectroscopy. Based on the results of the assay study, Strathmore is determining the best path forward for the project, including surface sampling, airborne gravity, magnetic, and radiometric surveys, and shallow drilling, core recovery, and geophysical logging.