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Article: Strathmore Completes LOI With $8 Million Commitment From Yellowcake Mining
- Article from:
- CCNMatthews Newswire
- Article date:
- January 30, 2007
CopyrightCopyright 2007 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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KELOWNA, BRITISH COLUMBIA--(CCNMatthews - Jan. 30, 2007) -
Strathmore Minerals Corp. ("Strathmore") (TSX VENTURE:STM) is pleased
to announce it has entered into a binding letter of intent to form a
joint venture with Yellowcake Mining Inc. ("Yellowcake") to develop
The Baggs, Juniper Ridge Project (Red Creek Claims and Associated
State of Wyoming Lease) properties in the State of Wyoming, United
States. The Juniper Ridge project is located in the Poison Basin
uranium district in south central Wyoming, close to the Colorado
border. The total acreage of the property is approximately 3,200
acres.
Mr. Dev Randhawa, Chairman and CEO of Strathmore commented, "We
are very pleased to enter this JV ...