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Strategic Resources Completes Metallurgical Studiesfor Gallinas Mountains Project

Strategic Resources Inc. (STI.V) advises that the mineralogical and metallurgical studies have now been completed on a mini-bulk sample of rock submitted to the Saskatchewan Research Council ( SRC ) in Saskatoon. The objective of these studies was to provide insight into the economic characteristics of the REE bearing rock from the Gallinas Mountains project.

Bench scale tests show that for crushed and ground material of size 150-300 um(microns), heavy liquid separation at SG=3.2 recovered 36.9% of the TREO to make a concentrate grading 16.4%. For material sized 75-150um, heavy liquid separation at SG=3.2 recovered 44.9% of the TREO to make a concentrate grading 17.16%. These results are very encouraging and bode well for the economics of the Gallinas Mountains REE project. SRC has recommended that additional testing be done to further investigate ways to maximize recovery and grade.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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