REGINA, SK, March 3 /CNW/ -- TSXV: UVR REGINA, SK, March 3 /CNW/ - Strategic Resources Inc. ("Strategic" or "the Corporation"), is pleased to provide the following update on its Gallinas Mountains REE project in Lincoln County, New Mexico: Strategic Resources is pleased and encouraged with the outcome of metallurgical testing on Fluorite/REE bearing rock samples taken from its mineral claims in the Gallinas Mountains. The results of this bench scale study completed by the Montana School of Mines indicate that Fluorite and REE mineralization can be liberated by crushing and grinding to between 150 and 200 mesh size. This study further indicates that Fluorite and REE product steams can be separated and recovered effectively by the use of a Wilfley gravity table. These favorable metallurgical observations align extremely well with findings from various laboratory studies undertaken by the US Bureau of Mines dating back to 1946. Once drilling commences on the Gallinas Mountains project, Strategic Resources plans to arrange for additional bench-scale studies using material taken from drill core. These additional studies will further investigate the metallurgy of various gravity separation parameters and will also investigate the metallurgy of flotation techniques using parameters and reagents noted in various US Bureau of Mines reports. The New Mexico Institute of Mining and Technology has now completed XRF assaying on the geo-chem soil samples collected in October 2010. These results are currently being combined with the geo-chem data contained in a 1993 US Bureau of Mines Report authored by R. Schreiner. The combination of these two data sets will assist in delineating future drill targets. Cal Data Ltd of Kelowna, BC has now completed an ASTER Image analysis of Strategic's Galinas Mountains project area. ASTER analysis (Advanced Spaceborne Thermal Emission and Reflection Radiometer) provides high-resolution images of the Earth in different bands of the electromagnetic spectrum, ranging from visible to thermal infrared light. Cal Data Ltd. has used the ASTER Image data to create detailed maps of surface emissivity and reflectance which will add to Strategic's insights into the regional geology of the Gallinas Mountains. Strategic Resources has now submitted a total of five applications for exploratory drilling on various parts of its claims in the Gallinas Mountains. Permitting on the first of these planned drill programs has now moved into the final stages of approval with the United States Forest Service and the State of New Mexico. Permitting on the remainder of the applications is progressing in an orderly fashion. 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. 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. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/March2011/03/c7633.html pbMalcolm Bucholtz, President & CEO,/bbr/ Tel: 1.306.525.0852 or 1.505.504.2398 a href="mailto:strategicminerals@yahoo.com"strategicminerals@yahoo.c/aa href="mailto:strategicminerals@yahoo.com"om/a/p

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