Lemitar Mountains - Ginger M Project - Update
20 June 2011 - 11:53PM
PR Newswire (Canada)
REGINA, June 20, 2011 /CNW/ -- TSX.V: UVR REGINA, June 20, 2011
/CNW/ - Strategic Resources Inc. ("Strategic") has now completed a
single drill hole on its Ginger M project located in the Lemitar
Mountains area of Soccoro County, New Mexico. This project area was
brought to the attention of Strategic Resources by the New Mexico
Bureau of Mines which has studied the Lemitar Mountains on several
occasions, the most recent being McLemore in 1983. The generalized
model for the Lemitar Mountains posits that mafic and carbonatite
dikes intruded Precambrian rocks over geologic time. Field work and
ground magnetic studies carried out in 2010 identified an area of
interest on the eastern margin of the claim block. This initial
single hole was selected to focus on this area of interest and was
designed to gain a more detailed understanding of the geological
potential of one these north-trending dike features. In total 168
feet of core drilling was carried out. Samples were assayed by ALS
Chemex of Reno, Nevada using a 4-acid digest and multi-element ICP
methodology. Anomalous assay values are as follows:
______________________________________________________________
|Hole |From |To |Interval|% Fe |%Ti |Zr |Y |Ce |La |Nd | |
|(feet)|(feet)|(feet) | | |ppm|ppm|ppm|ppm|ppm|
|________|______|______|________|_____|____|___|___|___|___|___|
|SO-018-1|125.0 |133.25|8.25 |13.48|1.47|283|87 |82 |36 |57 |
|________|______|______|________|_____|____|___|___|___|___|___|
|SO-018-1|147.0 |152.5 |5.5 |12.57|1.38|326|91 |85 |39 |59 |
|________|______|______|________|_____|____|___|___|___|___|___|
___________________________________________________ |Hole |From |To
|Interval|Dy |Gd |Pr |Sm |Cs | | |(feet)|(feet)|(feet)
|ppm|ppm|ppm|ppm|ppm|
|________|______|______|________|___|___|___|___|___|
|SO-018-1|125.0 |133.25|8.25 |16 |16 |12 |15 |11 |
|________|______|______|________|___|___|___|___|___|
|SO-018-1|147.0 |152.5 |5.5 |16 |17 |12 |14 |7 |
|________|______|______|________|___|___|___|___|___| These results
suggest that the Lemitar Mountains are a prospective area in
keeping with research observations made by the New Mexico Bureau of
Mines. Further work is warranted. Under the guidelines of National
Instrument 43-101, the Qualified Person for the Lemitar Mountains
project and for the technical content of this news release 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. To view this
news release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/June2011/20/c7516.html p
bMalcolm Bucholtz, President & CEO,/bbr/ Tel: 1.306.525.0852 or
1.505.504.2398 a href="mailto:strategicminerals@yahoo.com"
font-style="italic"strategicminerals@yahoo.com/a /p
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