Strategic Resource Acquisition Corporation
TSX : SRZ
TSX : SRZ.NT

Strategic Resource Acquisition Corporation

November 16, 2007 12:01 ET

SRA Begins Commissioning Mill at Gordonsville

TORONTO, ONTARIO--(Marketwire - Nov. 16, 2007) - Strategic Resource Acquisition Corporation ("SRA" or the "Company) (TSX:SRZ)(TSX:SRZ.NT) is pleased to report on restart progress at its Mid-Tennessee zinc mining complex (MTM).

Structural rehabilitation of the mill has been completed and all crushing and grinding circuits and process pumping have been installed. Systematic commissioning of the mill components has begun, commencing with the test running of motors, conveyors and water flows to pumps. Preliminary training for mill operations is underway on a one shift per day basis.

The Gordonsville mine, now totally dewatered, has been rehabilitated to the skip level and shaft bottom where rehabilitation of the crushers and production shaft is being completed. Blasting has begun in development headings and ore is being stockpiled underground in preparation for crushing and hoisting. All mining equipment required for production startup is now on site and training of mining crews is well underway. Development drifting and definition drilling are targeting 2008 production areas.

At the Cumberland mine, production and service shafts have been dewatered ahead of schedule. Foundations are being poured to enable shaft work to proceed. New controls are being installed and the equipment is all on-site to begin rehabilitation. The work deck is expected to be installed this month.

At the Elmwood mine, pumping is proceeding on schedule. As a result, pumping of the South Carthage area will commence soon. The tailings dam certification was obtained from the Safe Dams Division of the State of Tennessee.

As recently announced, agreements in principle have been entered into with three major smelters for the sale of a predominant portion of projected zinc production in the first five years. The Company expects to be producing its first concentrate in December.

SRA has also accomplished its near term goal of optimizing the valuable germanium and gallium by-products by retaining the bulk of the residue. It is currently evaluating recovery alternatives for the estimated annual contained 80-90 tonnes of germanium and gallium to be returned from the zinc smelting process enabling it to be a dominant producer of each metal in the world.

About SRA

SRA Corporation is focused on the development of the MTM zinc project in the State of Tennessee. The MTM project will produce one of the highest quality zinc concentrates in the world and efforts are underway to establish recovery methods for the valuable germanium and gallium contained in the concentrate. The Company's goal is to become a producer of zinc commencing in late 2007 through the re-opening of the MTM zinc mines comprised of five historic producing underground zinc mines (Elmwood, Gordonsville, Carthage, Stonewall and Cumberland) as well as the undeveloped East Carthage zinc deposit. The MTM mining and milling complex is located approximately 80 kms east of Nashville with excellent infrastructure including roads, water, power, major airport and access to a well-trained workforce. The Company also plans to explore and develop additional properties and redeploy cash flow to pursue a strategy of accretive acquisitions.

Cautionary Statement on Forward-Looking Information

This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects, the future price of zinc or other metal prices, the estimation of mineral resources and realization of mineral resource estimates, the timing and amount of estimated future production, costs of production, capital, operating and exploration expenditures, costs and timing of the development of new deposits and future exploration, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of regulatory matters. These statements reflect management's current beliefs and are based on information currently available. Forward-looking statements involve significant risks, uncertainties and assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including those listed in the "Risk Factors" section of the Company's prospectus on file with Canadian provincial securities regulatory authorities. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

For further information, please email info@sra-corporation.com.

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