Final Permits Received for Gallinas Mountains REE Targets

TSX.V: STI

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.

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.

Malcolm Bucholtz, President & CEO,
Tel: [phone] or 1.505.504.2398

[email protected]