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. 

 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. 

Strategic Resources Inc.


CONTACT:  Malcolm Bucholtz, President & CEO,Tel: [phone] or [e-mail] 


    

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