REGINA, Feb. 23, 2012 /CNW/ - Strategic Resources Inc. ("Strategic") is pleased to advise that further
to the press release issued on Nov 30, 2011, drilling permits have now
been issued for the REE breccia pipe targets in the Gallinas Mountains.
Reclamation bonding has also been posted. Drilling activity is slated
to get underway in mid to late March.
Strategic Resources is a Canadian based junior exploration company with
a uranium exploration project in Catron County, New Mexico and a Rare
Earth exploration project in Lincoln County, New Mexico. More
information about the company is available on line at www.strategicresourcesinc.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Forward looking statements:
This news release may contain certain forward-looking inferences or
statements. These forward-looking inferences or statements are subject
to a variety of risks and uncertainties beyond the Corporation's
control or prediction and could cause actual events or results to
differ materially from those anticipated in such forward-looking
statements. Although the Corporation believes that the assumptions
inherent in the forward-looking statements are reasonable, undue
reliance should not be placed on these forward-looking statements.
SOURCE Strategic Resources Inc.
For further information:
Malcolm Bucholtz, President & CEO,
Tel: 1.306.525.0852 or 1.505.504.2398