Lemitar Mountains - Ginger M Project - Update

TSX.V: UVR

REGINA, June 20, 2011 /CNW/ - Strategic Resources Inc. ("Strategic") has now completed a single drill hole on its Ginger M project located in the Lemitar Mountains area of Soccoro County, New Mexico.

This project area was brought to the attention of Strategic Resources by the New Mexico Bureau of Mines which has studied the Lemitar Mountains on several occasions, the most recent being McLemore in 1983.

The generalized model for the Lemitar Mountains posits that mafic and carbonatite dikes intruded Precambrian rocks over geologic time.

Field work and ground magnetic studies carried out in 2010 identified an area of interest on the eastern margin of the claim block.

This initial single hole was selected to focus on this area of interest and was designed to gain a more detailed understanding of the geological potential of one these north-trending dike features.

In total 168 feet of core drilling was carried out. Samples were assayed by ALS Chemex of Reno, Nevada using a 4-acid digest and multi-element ICP methodology. Anomalous assay values are as follows:

Hole From
(feet)
To
(feet)
Interval
(feet)
% Fe %Ti Zr
ppm
Y
ppm
Ce
ppm
La
ppm
Nd
ppm
SO-018-1 125.0 133.25 8.25 13.48 1.47 283 87 82 36 57
SO-018-1 147.0 152.5 5.5 12.57 1.38 326 91 85 39 59

Hole From
(feet)
To
(feet)
Interval
(feet)
Dy
ppm
Gd
ppm
Pr
ppm
Sm
ppm
Cs
ppm
SO-018-1 125.0 133.25 8.25 16 16 12 15 11
SO-018-1 147.0 152.5 5.5 16 17 12 14 7

These results suggest that the Lemitar Mountains are a prospective area in keeping with research observations made by the New Mexico Bureau of Mines. Further work is warranted.

Under the guidelines of National Instrument 43-101, the Qualified Person for the Lemitar Mountains project and for the technical content of this news release Tony Kovschak, M.Sc. CPG.

About Strategic Resources
Strategic Resources is a Canadian based junior exploration company with uranium exploration projects in Catron County, New Mexico, Rare Earth exploration projects in Lincoln County and Socorro County, New Mexico and a Lithium prospect in Malheur County, Oregon. More information about the company is available on line at www.strategicresourcesinc.ca.

Disclaimer:
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 strategicminerals@yahoo.com

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Strategic Resources Inc.

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