Strategic Resources Baca Uranium Project Update

REGINA, June 20, 2011 /CNW/ -- 
TSX.V: UVR


REGINA, June 20, 2011 /CNW/ - (TSXV: UVR) - Strategic Resources Inc. ("Strategic") has now completed a 5 hole drilling program on its joint venture Baca
 Uranium project located in Catron County, New Mexico (see press release
 of Mar 2, 2011).


In total 1027 feet of core drilling was carried out. Drill holes were
 probed by Century Geophysical of Tulsa, Oklahoma.


Two of the drilled holes encountered mineralization at depths of less
 than 80 feet.





 __________________________________________________
|Hole|From (feet)|To (feet)|Interval (Feet)|% eU3O8|
|____|___________|_________|_______________|_______|
|16  |72.5       |74.5     |2              |0.011  |
|____|___________|_________|_______________|_______|
|19  |33         |35       |2              |0.014  |
|____|___________|_________|_______________|_______|




This drilling program demonstrates that mineralization does occur at the
 contact of an oxidized paleosol and the underlying Crevasse Canyon
 shale formation as inferred by Dr. R. Chamberlain (New Mexico Bureau of
 Mines, 1981) in his exploration model for the area.


The map contained within this press release (http://files.newswire.ca/973/Baca.pdf) illustrates that this contact zone deepens on a southerly trend.


In keeping with the Chamberlain model, Strategic Resources believes that
 uranium mineralization in a roll front type formation has moved downdip
 further into the regional basin structure that characterizes the
 project area. Future exploration activity should focus on drill targets
 located further into this basin structure at depths of between 200 and
 500 feet where uranium mineralization is most likely to have
 accumulated below the ground water table and would be most amenable to
 in-situ (ISR) recovery.


Under the guidelines of National Instrument 43-101, the Qualified Person
 responsible for the Baca project and the technical content of this news
 release is Tony Kovschak, M.Sc. CPG.


About Strategic Resources
Strategic Resources is a Canadian based junior exploration company with
 uranium exploration projects in Catron County, New Mexico, Rare Earth
 exploration projects in Lincoln County and Socorro County, New Mexico
 and a Lithium prospect in Malheur County, Oregon. 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.


 


 


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p bMalcolm Bucholtz, President & CEO, /bTel: 1.306.525.0852 or 1.505.504.2398br/ a href="mailto:[e-mail]"[e-mail]/a /p 

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