Strathmore Plus Uranium has been granted the final Drill Notice permit by the State of Wyoming, authorising the company to commence exploratory drilling at the Beaver Rim project in the Gas Hills Uranium District of Wyoming, US.
This permit paves the way for a 10,000ft drilling campaign starting on 16 September 2024, aimed at validating historical data and exploring new areas of potential mineralisation.
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By GlobalDataThe Beaver Rim project encompasses 131 wholly owned mining claims covering an area of 2,706 acres.
This region is part of the Gas Hills uranium district, a renowned uranium production area in Wyoming, where more than 100mlb of uranium has been extracted historically.
Reports indicate that 50–100mlb of uranium could still be present in the Gas Hills, with substantial prospects for new discoveries, particularly in the less-drilled southern regions atop Beaver Rim.
The project’s location is strategic, lying immediately south and adjacent to Cameco‘s fully permitted Gas Hills in-situ recovery project.
Previous explorations at Beaver Rim were conducted by American Nuclear in the 1970s, followed by Cameco in the 1990s and 2000s.
More recent investigations by Strathmore Minerals in 2012 revealed uranium mineralisation at depths ranging from 700ft to 1,000ft.
The deposits are characterised as stacked, Wyoming-type roll-front deposits within the arkosic-rich sandstones of the Eocene-age Wind River Formation.
As Strathmore Plus Uranium prepares to embark on this new drilling venture, the company is also actively reviewing the greater Beaver Rim area and past exploratory efforts.
Strathmore Plus Uranium Exploration vice-president Terrence Osier said: “We are excited to start exploring our Beaver Rim claims. I previously drilled at Beaver Rim in 2012, as project geologist for Strathmore Minerals.
“We encountered stacked roll-fronts at the West Diamond area at depths of 700–1,000 feet. The entire mineralised host-sandstone is present, giving us multiple targets across our properties.
“Many of the claims were previously explored by American Nuclear and Cameco. The potential to define uranium deposits at Beaver Rim is very promising based on the information we have, and areas of close-spaced drilling noted in the field.”
