Board Appointment Approved and Stock Options Issued

Saskatchewan Office: Box 1216, Regina, Saskatchewan, S4P 3B4, T: 1-306-525-0852 F: 1-306-569-0302

Board Appointment Approved and Stock Options Issued

For Immediate Release TSX.V: UVR

March 4, 2011, Regina, Saskatchewan – Strategic Resources Inc. (“Strategic” or “the Company”), is pleased to note that the appointment of John Clema to the Board of Directors (see release of Oct 29, 2010) has now received regulatory and TSX Venture Exchange approval.

Mr. Clema, a resident of Santa Fe, New Mexico, is a geologist with over 40 years experience in the mining industry in both the USA and Australia. He is a graduate of the University of Nebraska and Northeast Louisiana University.

In related news, yesterday the Board of Directors granted the issuance of 2,050,000 options to officers, directors and consultants of the Company. These Options, priced at $0.22, vest immediately and expire on March 3, 2016.

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.

For further information please contact:

Malcolm Bucholtz, President & CEO,

Tel: 1.306.525.0852

Email: [email protected]

http://strategicresourcesinc.ca TSXv:UVR