Strathmore Minerals Corp. is engaged in the acquisition, exploration, and development of uranium mineral properties. The Company is in the process of exploring its mineral property interests and has not yet determined whether these properties contain ore reserves that are economically recoverable. The Company’s properties include Gas Hill properties, Sky property, Jeep property, Pine Tree-Reno Creek property, Jupiter Ridge project, South Dakota property, Roco Honda project, Dalton Pass property and Nose Rock property. The Company entered into two exclusive options to acquire additional private mineral rights, known as the Moore-McCullough properties. The options grant the Company the exclusive right to lease 1,949 acres of private mineral leases, together with the accompanying surface access.