Final Permits Pending for Gallinas Mountains REE Projects

TSX.V: STI

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 www.strategicresourcesinc.ca.

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