Final Permits Pending for Gallinas Mountains REE Projects


REGINA, Nov. 30, 2011 /CNW/ - Strategic Resources Inc. ("Strategic") is pleased to note that it has now been advised by the US Forest Service (USFS) that two Plans of Operation submitted for REE breccia pipe targets in the Gallinas Mountains project area have now been approved. Officials at the State of New Mexico have further advised that a draft version of the drilling permits has now also been prepared. Discussions have now commenced with USFS and State of New Mexico officials to arrive at suitable reclamation bonding figures for these breccia targets. Once reclamation bonding amounts have been mutually agreed upon, final drilling permits will be issued. The process of sourcing a suitable drilling contractor has also begun in earnest.

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

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

Profil de l'entreprise

Strategic Resources Inc.

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