Mr. John DeJoia reports

STRATHMORE COMMENCES DRILLING AT BEAVER RIM

Strathmore Plus Uranium Corp. has mobilized drill equipment to the Beaver Rim project, with exploration to begin Wednesday, Sept. 25. The permit allows for 10,000 feet of drilling, planned to confirm historical results and extend mineralization into areas sparsely explored in the past. In addition, Strathmore has doubled the size of the project by staking 134 mining claims, bringing the project total to 265 claims for 5,475 acres. The new claims are contiguous with the current claim groups, merging and expanding the West Diamond and East Diamond properties, and extending the North Sage and South Sage properties into lands with potential for uranium mineralization based on historical mapping and close-spaced drilling noted in the field.

John DeJoia, director of Strathmore, said: "I am excited to start drilling on the Beaver Rim property. I have been looking forward to exploration atop Beaver Rim since I was chief geologist and director to technical services for Federal American Partners (joint venture operator for Tennessee Valley Authority (TVA) in the early to mid-1980s). TVA's historical unmined resource estimated approximately 47 million pounds of uranium remaining in the Gas Hills district. Most of this resource lies immediately north of our Beaver Rim properties. TVA had open pits and an underground mine operation within the Gas Hills district when operations ceased in 1982. TVA had our own internal drilling company and had up to 18 rigs working. The underlying Beaver Rim sediments were suspected as the mineralizing conduit for most of the Gas Hills deposits. I always wanted to explore Beaver Rim, but with our limited financial resources, and the amount of claim maintenance and development drilling required, TVA could never justify exploration efforts outside our mine development areas. When Dev Randhawa and I first started Strathmore Plus a few years ago, this was the first area we targeted for acquisition. Fortunately, we were able to hire Terrence Osier and acquire claims on Beaver Rim. I will be in Wyoming for the start of this drilling project. I've waited over 40 years to explore Beaver Rim."

Beaver Rim technical report

The company has refiled on SEDAR+ a technical report for the Beaver Rim project titled "Technical Report on the Gas Hills-Beaver Rim Uranium Exploration Project, Fremont and Natrona Counties, Wyoming, USA." The report was authored by Mark B. Mathisen, CPG, of SLR International Corp., and dated May 31, 2022. The report was required for company regulatory purposes and inadvertently misfiled at the time in 2022. The report is available on SEDAR+. An updated report is planned upon completion of the autumn exploration program at the Beaver Rim project.

About Strathmore Plus Uranium Corp.

Strathmore has three permitted uranium projects in Wyoming: Agate, Beaver Rim and Night Owl. The Agate and Beaver Rim properties contain uranium mineralization in typical Wyoming-type roll front deposits based on historical and recent drilling data. The Night Owl property is a former-producing surface mine that was in production in the early 1960s.

Qualified person

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Terrence Osier, PGeo, vice-president, exploration, a qualified person.

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