TSX.V: STI

REGINA, Aug. 22, 2013 /CNW/ - Strategic Resources Inc. ("Strategic") is pleased to advise that its permitting efforts for a phase #2 drilling program at its Gallinas Mountains REE project in New Mexico are finally moving forward again after a lengthy delay at the USFS. A field visit was conducted to the project area on August 15th with the USFS. Minor modifications to the route of ingress to drill pad locations have been suggested. Strategic Resources has now agreed to these modifications.

In related news, New Mexico School of Mines M.Sc. candidate Zach Vance has now completed his thesis project which focused on the Gallinas Mountains. His work concluded that the REE mineralization at Strategic's project area is related to a carbonatite source at depth. This academic study is an additional interpretation that the Gallinas Mountains overlie a carbonatite magma source at depth. This study further strengthens the case proposed by R. Schreiner (US Bureau of Mines 1993).This thesis paper along with the Schreiner report may be viewed at www.rareearthreports.ca.

Strategic Resources is a Canadian based junior exploration company with 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.

http://strategicresourcesinc.ca


SOURCE Strategic Resources Inc.

Copyright 2013 Canada NewsWire

Grafico Azioni Strategic Resources Inc. (TSXV:STI)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di Strategic Resources Inc.
Grafico Azioni Strategic Resources Inc. (TSXV:STI)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di Strategic Resources Inc.