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Strathmore Minerals Corp.: Strathmore's Gas Hills and Pine Tree-Reno Creek Wyoming Uranium Projects Remain Active


Published on 2009-05-14 12:21:56, Last Modified on 2009-05-14 12:23:14 - Market Wire
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 14, 2009) - STRATHMORE MINERALS CORP. ("Strathmore" or the "Company") (TSX VENTURE:STM) wishes to advise shareholders that permitting at its core Gas Hills and Pine Tree-Reno Creek, Wyoming uranium projects remains active (see press releases dated January 5, February 3, and February 12, 2009), and that website information is up-to-date.

Earlier this year the Company advised the Nuclear Regulatory Commission (NRC) that plans for uranium recovery facilities license submittals were expected for the Pine Tree-Reno Creek ISR project in 2010 and Gas Hills in 2011. A NRC license submittal for a mill facility in the Gas Hills will be required should a mill in Wyoming not be available for Gas Hills production (see press release dated January 5, 2009: Strathmore Updates Gas Hills, Wyoming, Uranium Development Project/Milling Facility Advancement: Option Agreement Renewed). NRC licensing for a uranium recovery facility should not be confused with a mine permit application, which falls under the jurisdiction of the state of Wyoming.

Strathmore is issuing this information to correct and clarify certain comments published in a recent Wyoming press story, which made reference to a NRC statement that the Company's Gas Hills, Pine Tree-Reno Creek and Sky projects are no longer under consideration. Strathmore has since contacted the newspaper which published the story, and the NRC, both of whom acknowledged communicating incorrect information. The NRC has further advised that their website would be corrected to include Strathmore's stated plans, as provided earlier this year.

With respect to mine permit applications, Strathmore continues to advance its three core uranium development projects: Gas Hills and Pine Tree-Reno Creek in Wyoming and Roca Honda in New Mexico.

For additional information about Strathmore's uranium projects, please visit the Company's website at [ www.strathmoreminerals.com ].

Gas Hills - [ http://www.strathmoreminerals.com/s/GasHills.asp ]

Pine Tree-Reno Creek - [ http://www.strathmoreminerals.com/s/PineTree.asp ]

Roca Honda - [ http://www.strathmoreminerals.com/s/RocaHonda.asp ]

or

Contact Investor Relations at 1-800-647-3303.

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 Kelowna, British Columbia, the Company also has U.S. based Development Offices in Riverton, Wyoming and Santa Fe, New Mexico. STRATHMORE MINERALS CORP. Common Shares are listed on the TSX Venture Exchange under the symbol "STM".

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, the Gas Hills 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

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.


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