Mr. Dev Randhawa reports

STRATHMORE EXTENDS AGATE MINERALIZATION TO OVER 1300 FT AT SOUTHERN TREND

Strathmore Plus Uranium Corp. has provided results from the phase 1 drilling for the 2025 exploration season at the Agate project, located in the Shirley Basin uranium district of central Wyoming.

The company completed the phase 1 drilling last week (45 holes), resulting in the extension of the Middle sand's southern trend to over 1,300 feet in length, adding over 500 feet of mineralization this year. Highlights for the drilling along this shallow trend include holes AG-224-25 (14.0 feet at 0.071 per cent eU3O8 (equivalent triuranium octoxide) from 35.0 to 49.0 feet) and AG-245-25 core (19.5 feet at 0.040 per cent eU3O8 from 26.0 to 45.5 feet). The expansion of the southern, shallow trend is in addition to the ever-expanding northern trend, which now exceeds 5,200 feet in length and is open-ended where additional drilling is planned in the future (see news release dated July 9, 2024).

John DeJoia, a director of Strathmore, stated: "We still have open-ended mineralization at both ends of the northern sand trend, which now exceeds one mile in length. Approximately one mile south is the Middle sand trend, which now exceeds over 1,300 feet in length and has not yet been limited by drilling. I have continued optimism about the Agate project and its hopeful development into an in situ recovery project to produce uranium for the expanding nuclear fleet in USA."

In addition to exploration, core drilling was also performed, recovering samples from five holes within both the Middle and Lower sands, including hole AG-244-25 core (23.5 feet of 0.076 per cent eU3O8 from 79.5 to 103.0 feet). The core will be analyzed and chemically assayed for comparison with gamma logging results, in addition to by the University of Wyoming's continuing research at Agate. Results of the recent phase 1 drilling, in the table below, will provide targets for continued exploration during phase 2.

Phase 1 of the 2025 drilling explored the Eocene Wind River formation, an arkosic-rich sandstone that is noted for its high porosity and permeability and high groundwater transmissivity. In addition to continued exploration of the northern trend in the Lower sand, the drilling targeted the discovered shallow mineralization of the southern trend within the Middle sand. The Middle sand is thicker than the underlying Lower sand and historically has produced most of the uranium in the Shirley Basin district. Nearby, UR Energy is actively advancing its Shirley Basin in situ satellite operation, which is planned to commence uranium production in 2026.

The 2025 drilling was completed by Wind River Drilling utilizing a mud-rotary rig and the geophysical logging by Hawkins CBM Logging, both of Wyoming. Terrence Osier, PG, vice-president, exploration, for Strathmore, supervised the drilling activities. The results of the exploration will be analyzed and assist in the layout of additional drill sites proposed for the phase 2 drilling in the fall of 2025 and for completion this winter of a technical report on the project.

About the Agate property

The Agate property consists of 100 wholly owned lode mining claims covering approximately 2,066 acres. Uranium mineralization is contained in classic Wyoming-type roll fronts within the Eocene Wind River formation, an arkosic-rich sandstone. Historically, 53 million pounds of uranium were mined in the Shirley basin, including from open pit, underground and the first commercial in situ recovery operation in the United States during the 1960s. At the property, the uranium mineralization is shallow, from 20 to approximately 150 feet deep, much of which appears below the water table and likely amenable to in situ recovery. Kerr McGee Corp., the largest U.S. uranium mining company at the time, drilled at least 650 holes across the project area in the 1970s, delineating several targets of potential mineralization. Strathmore completed 200 holes during the 2023 and 2024 drilling programs, including installation of five monitor wells for groundwater studies.

About Strathmore Plus Uranium Corp.

Strathmore is focused on discovering uranium deposits in Wyoming and has three permitted uranium projects, including Agate, Beaver Rim and Night Owl. The Agate and Beaver Rim properties contain uranium in typical Wyoming-type roll-front deposits based on historical 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, of Strathmore Plus Uranium, a qualified person.

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