Strathmore Plus Uranium Corp V.SUU

Alternate Symbol(s): SUUFF

Energy

Strathmore Plus Uranium Corp. is a Canada-based exploration stage company. The Company is engaged in the acquisition, exploration and development of resource properties. The Company has three uranium projects in Wyoming, including Night Owl, Agate, and Beaver Rim. The Night Owl project is a former producing Uranium mine in the Shirley Basin Uranium district of Wyoming. The Agate project is located in the Shirley Basin Uranium District of Wyoming. The Agate property consists of approximately 52 mining claims covering 1,075 acres. Beaver Rim project is located in the Gas Hills Uranium District, Central Wyoming. The project consists of approximately 131 lode mining claims totaling 2,706 acres.

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Strathmore Plus Uranium Corp

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Post by INSTATradeon Sep 19, 2014 3:47pm

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Post# 22953535

2 Billion Pounds of Copper - w/ Pre-feasibility Study

The Taysan Project is located on the south western segment of the island of Luzon in the well-developed industrial province of Batangas, 100km south of Manila. The Project comprises 11,254 hectares of exploration tenements containing a large copper-gold porphyry deposit (the "Taysan Deposit") similar to other copper-gold porphyry deposits previously mined in the Philippines.

Project Summary

Resources at 0.1% Cu cut-off: 156 Mt Measured, 303 Mt Indicated and 509 Mt Inferred

Expected Mine Life: 24 years

Estimated Recovered Metal LOM: 1.9Blb Cu , 0.8Moz Au, 5.6Moz Ag, 11.4Mt Magnetite

Average Annual Payable Production: 76Mlbs Cu, 30Koz Au, 93Koz Ag, 0.5Mt Magnetite

Estimated Initial Capital Costs: US$521 million

NPV at 10% after tax: US$512 million

IRR after tax: 30.4%

*Figures based on prefeasibility study which uses Indicated and Inferred resources and assumes prices of $3/lb Cu, $1,000/oz Au, $26/oz Ag and $100/t magnetite. See Disclaimer page.

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