REGINA, SK, March 2 /CNW/ -- TSX.V: UVR, TSX.V:RUN, OTC:RFXRF REGINA, SK, March 2 /CNW/ - Strategic Resources Inc. ("Strategic") and Running Fox Resources (TSXV: RUN) (OTC: RFXRF), are pleased announce that both the State of New Mexico and the United States Forest Service have now granted permit approvals for Strategic Resources to begin exploration drilling activity on the Baca Uranium project located in Catron County, New Mexico. Permitting for the White Mesa Uranium Project, also situated in Catron County, NM, is in the final stages of approval with both the State of New Mexico and the United States Forest Service. Strategic's Uranium exploration programs in Catron County, New Mexico are a joint venture with Running Fox Resource Corp., TSX-V "RUN", US OTC "RFXRF", the terms of which allow Strategic to earn up to a 60% interest. (see Press Release dated Sept 30, 2008). Strategic Resources has signed a contract with Phoenix Mineral Drilling LLC for the provision of drilling services on its various projects in New Mexico. Strategic Resources will be engaging the services of Century Geophysical LLC for downhole logging activity. Chemical assaying will be conducted by ALS Laboratory Group. Submitted samples will be assayed for a variety of elements including Uranium and Vanadium. Under the guidelines of National Instrument 43-101, the Qualified Person for the Baca project (and other New Mexico projects) will be Tony Kovschak, M.Sc. P.Geo. 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/March2011/02/c7301.html pbMalcolm Bucholtz, President & CEO,/bbr/ Tel: 1.306.525.0852 or 1.505.504.2398 a href="mailto:strategicminerals@yahoo.com"strategicminerals@yahoo.com/abr/ a href="http://strategicresourcesinc.ca"http://strategicresourcesinc.ca/a/p

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