REGINA, May 5 /CNW/ - Strategic Resources Inc. ("Strategic" or "the Corporation"), is pleased to provide the following update on its mineral exploration
projects in New Mexico.
The State of New Mexico and the United States Forest Service have now
granted permit approvals for Strategic Resources to begin exploration
drilling activity on its Fluorite/REE project located in Lincoln
County, New Mexico. Drilling is expected to commence in the next two
Chemical assaying will be conducted by ALS Laboratory Group. Under the
guidelines of National Instrument 43-101, the Qualified Person for this
upcoming drilling will be Tony Kovschak, M.Sc.,CPG.
In related news, Strategic Resources has now completed a 5 hole drilling
program on the Baca Uranium Project (see press release of March 2,
2011). Strategic has also completed its initial drilling at its Lemitar
Mountains project area located near Socorro, NM. Assay samples have
been submitted to ALS Laboratory Group for analysis.
About Strategic Resources
Strategic Resources is a Canadian based junior exploration company with
uranium/vanadium exploration projects in Catron County, New Mexico,
Rare Earth exploration projects in Lincoln County and Socorro County,
New Mexico and a Lithium project in Malheur County, Oregon. 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 firstname.lastname@example.org