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

Strategic Resource Acquisition Corporation

October 03, 2007 09:55 ET

SRA Targets Value-Added Markets with Ge/Ga Recovery Testing

TORONTO, ONTARIO--(Marketwire - Oct. 3, 2007) - Strategic Resource Acquisition Corporation ("SRA" or the "Company")(TSX:SRZ)(TSX:SRZ.NT) announces that it has entered into a technology development agreement with Drinkard Metalox Inc. ("DMI") of North Carolina to evaluate and recommend processes to optimize the recovery from smelter residues of by-products contained in the Gordonsville zinc concentrate, including valuable quantities of Germanium (Ge) and Gallium (Ga).

DMI, a mineral research and development company, has worked with mining and chemical companies around the world developing processes that optimize metal recoveries and alternative methods of refining. More specifically, it has a history of success with Tennessee Valley ore containing concentrations of Ge and Ga, recovering up to 94% of these valuable co-metals. These are used extensively in the semiconductor industry with application in fibre optics, laser and light-emitting diodes.

Upon the successful recovery of the by-products, the agreement with DMI provides for the further evaluation of alternative refining methods amenable to higher value products such as zinc oxide and zinc sulphate carrying a premium in the market. The zinc concentrate generated by the Middle Tennessee Mining complex has been associated with the highest quality in the world, at 64.5% zinc in concentrate. Appropriately, methods towards higher purity materials to access premium growth markets will be considered, with a view to maximizing the payable content to SRA of its unique world-class concentrate.

Initial bench scale test results of residue samples are expected to be available in the coming months following which SRA intends to proceed with a pilot plant program if warranted.

About SRA

SRA Corporation is focused on the development of the MTM zinc project located approximately 80 kms east of Nashville, Tennessee with excellent infrastructure including roads, water, power, major airport and access to a well-trained workforce. 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. Full commercial production is anticipated in 2008 at an annualized rate of 2.4 million tons of ore containing approximately 125 million pounds payable of zinc in concentrate. The Company is also evaluating methods to recover the valuable by-products of germanium and gallium contained in the concentrate. Once in full production, the Gordonsville Complex at MTM is expected to be the largest zinc producer and domestic source of germanium and gallium in the continental USA.

SRA plans to explore and develop additional properties and redeploy cash flow to pursue a strategy of accretive acquisitions.

A technical report dated May 10, 2007 prepared by Watts, Griffis and McOuat Limited in accordance with the standards adopted by the CIM and compliant with National Instrument 43-101 is available on the Company's filings on www.sedar.com.

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, recovery processes, 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, and that reflects management's expectations regarding the Company's future growth, results of operations, performance and business prospects and opportunities. These statements reflect management's current beliefs and are based on information currently available to management. 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.

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