Strathmore Agate Project Drilling Begins
Analysis based on 6 articles · First reported Apr 14, 2026 · Last updated Apr 14, 2026
The commencement of exploration drilling by Strathmore Plus Uranium at its Agate Project could positively impact the company's stock price if the program yields successful results, potentially increasing future uranium supply. This event highlights ongoing activity in the uranium mining sector, which could draw investor attention to other companies like Cameco, Pacific Energy Corporation, and OVO Energy operating in the same district.
Strathmore Plus Uranium announced the start of its Spring 2026 exploration drilling program at the Agate Project in the Shirley Basin Uranium District of central Wyoming. The company plans to drill up to 50 holes to discover new mineralization, define and extend known trends, verify historical Kerr-McGee drilling records, and identify new claim additions. Strathmore Plus Uranium has previously completed over 250 drill holes at the property, with 95% intersecting mineralization. Single Water Services and Hawkins CBM Logging have been retained for the project. The Agate Property, consisting of 124 wholly owned lode mining claims, is a potential in-situ recovery project bordering projects of Cameco and Pacific Energy Corporation, and is near OVO Energy's satellite mine.
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