STM

STRATHMORE MINERALS CORP. (TSX VENTURE:STM) ("Strathmore" or the "Company") is
pleased to provide a progress update to shareholders on the advancements made at
its flagship Roca Honda uranium project in the Grants Mineral District, New
Mexico. This property is held by Strathmore and Sumitomo Corp of Japan under
their jointly owned subsidiary, Roca Honda Resources LLC ("RHR"). Strathmore
believes Roca Honda represents one of the largest and highest grade proposed
uranium mines in the United States in the last thirty years.


Roca Honda, New Mexico: Strathmore 60% Sumitomo Corp (Japan) 40%

In October 2009 Strathmore announced that it has submitted its RHR mine permit
application for the proposed development of its underground uranium mining
project in the Grants Mineral District to the New Mexico Mining and Minerals
Division ("MMD") and the U.S. Forest Service ("USFS"). In November 2009, the MMD
determined the application to be "administratively complete", signaling the
beginning of technical review and public notice. Since that time the RHR project
has made significant progress moving through the state and federal environmental
permitting process.


The following highlights the major accomplishments of 2010 and the ongoing
permitting activities scheduled for 2011:




--  January 2010 - USFS and MMD commenced consultations with interested
    Indian communities on cultural property and environmental concerns. 

--  February 2010 - USFS, the state, and RHR chose Mangi Environmental
    Group, Inc. as the third party independent consultant to prepare the
    Environmental Impact Statement (EIS) for the Roca Honda mine project. 

--  April 2010 - Scheduled field activities commenced at Roca Honda in
    continued support of the mine permit application. Radiological
    characterization surveys, detailed soils characterization studies,
    wildlife studies, and meteorological and air quality sampling were
    initiated and completed during the summer. 

--  May 2010 - Performed a site-specific hydrologic pump test in the project
    area. Results confirm that the mine will produce water as proposed in
    the previously submitted groundwater model. 

--  June 2010 - Finalized and executed the third party contract with Mangi
    Environmental Group for preparation of the EIS for the USFS, in addition
    to environmental analysis support for the state agencies reviewing the
    Roca Honda mine project. 

--  July 2010 - Began 60% design of the water treatment plant and associated
    ancillary surface facilities, including the mine water treatment ponds. 

--  July 2010 - Drilled the first of a series of monitoring/water wells to
    be installed on adjacent private land. This first well was completed
    into the Gallup formation, one of the major aquifers to be transected by
    mine shaft construction. 

--  August 2010 - Preparation of the EIS formally began with a kick-off
    meeting with the state and federal agencies and Mangi. 

--  September 2010 - A draft Phase I Feasibility Study report, which
    identified data requirements and analysed project planning issues has
    been completed and is under internal review. Phases II and III of the
    four phase study are underway. Phase II addresses revisions required to
    upgrade the NI 43-101 resource, while Phase III examines the design and
    feasibility analysis of the Roca Honda mine. 

--  September 2010 - Mangi developed a "Description of Proposed Action" and
    EIS project schedule to be used to initiate the public participation
    process, which will begin later in the fall. 



Strathmore anticipates that the USFS, EIS, and state agency permit review will
continue through early 2012 in accordance with the schedule provided by Mangi.
The public participation process will begin this fall with the scheduling of a
number of public information meetings to be held in the Grants area to fully
inform the local citizens of RHR's plans and to allow for their input. RHR will
continue to provide the state and federal agencies with additional detailed
design information regarding the project as it is developed and respond to
agency comments.


For 2011, permitting activities at Roca Honda project will focus on the
continued development of site specific baseline characterization data, the
generation of necessary mine and support facility engineering designs, and
working with the state and federal agencies as they continue their review and
conduct the environmental assessment leading to preparation of the final EIS.


In addition to the activities directly related to permitting of the Roca Honda
project, Strathmore recently resumed data gathering for the preparation of a
future U.S, Nuclear Regulatory Commission (NRC) permit application for
construction and operation of a conventional uranium mill. In 2010 Strathmore
performed the archaeological studies of the preferred site, conducted
preliminary soils characterization investigations, completed a surface
radiological background survey, and air quality and meteorological
investigations. For 2011, Strathmore will advance its existing mill design to
the 60% level and develop a tailings disposal design.


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 by David Miller, Chief Executive Officer for Strathmore Minerals
Corp, a Qualified Person as defined by National Instrument 43-101.


STRATHMORE MINERALS CORP. is a Canadian based resource company specializing in
the strategic acquisition, exploration and development of advanced uranium
properties in the United States. Headquartered in Vancouver, British Columbia
with a branch administrative office in Kelowna, the Company also has a U.S.
based Development Office in Riverton, Wyoming and a Government, Regulatory &
Environmental Affairs Office in Santa Fe, New Mexico. STRATHMORE MINERALS CORP.
Common Shares are listed on the TSX Venture Exchange under the symbol "STM".


This news release contains "forward-looking information" that is based on
Strathmore Minerals Corp.'s current expectations, estimates, forecasts and
projections. This forward-looking information includes, among other things,
statements with respect to Strathmore's exploration and development plans,
outlook and business strategy. The words "may", "would", "could", "should",
"will", "likely", "expect," "anticipate," "intend", "estimate", "plan",
"forecast", "project" and "believe" or other similar words and phrases are
intended to identify forward-looking information.


Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause Strathmore's actual results, level of activity,
performance or achievements to be materially different from those expressed or
implied by such forward-looking information. Such factors include, but are not
limited to: uncertainties related to the historical resource estimates, the work
expenditure commitments; the ability to raise sufficient capital to fund future
exploration or development programs; changes in economic conditions or financial
markets; changes in input prices; litigation; legislative, environmental and
other judicial, regulatory, political and competitive developments;
technological or operational difficulties or an inability to obtain permits
required in connection with maintaining, or advancing, the Gas Hills projects;
and labour relations matters.


This list is not exhaustive of the factors that may affect our forward-looking
information. These and other factors should be considered carefully and readers
should not place undue reliance on such forward-looking information. Strathmore
Minerals Corp. disclaims any intention or obligation to update or revise
forward-looking information, whether as a result of new information, future
events or otherwise.


ON BEHALF OF THE BOARD

David Miller, CEO

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