Matoush Uranium Project: Strateco Drills 3.62% eU3O8 Over 8.5 Metres

BOUCHERVILLE, QUEBEC--(Marketwire - June 12, 2012) - Strateco Resources Inc. ("Strateco") (TSX:RSC)(FRANKFURT:RF9) is pleased to report that definition drill hole MT-12-012 has intersected 3.62% eU₃O₈ over 8.5 metres in the MT-22 lens of the Matoush uranium deposit, wholly-owned by Strateco. This hole is part of Strateco's 2012 planned program of 15,000 metres of drilling, which among other things aims to increase the deposit resource, in particular the Indicated resource, by definition drilling.

Definition drill hole MT-12-012 intersected the Matoush uranium-bearing structure between hole MT-08-003, which returned 1.9% U₃O₈ over 7.5 metres, including 5.6 % U₃O₈ over 2.4 metres, and hole MT-08-028, which returned 0.51% U₃O₈ over 40.4 metres, including 2.26 % U₃O₈ over 7.4 metres. Hole MT-12-012 lies 32 metres north of hole MT-08-003 and 27 metres south of hole MT-08-028.

All these holes were drilled on the MT-22 lens, discovered by Strateco in 2008. The MT-22 lens contains an estimated 885,000 tonnes at an average grade of 0.52% U₃O₈, representing 10.1 millions pounds, all in the Inferred resource category.

As a measure, 1% U₃O₈ represents approximately 22 pounds per tonne. The uranium spot price is currently US $51 per pound.

See "Matoush Project-Longitudinal" section at www.stratecoinc.com.

Table 1: Drill Results

This news release contains forward-looking statements subject to certain risks and uncertainties. There can be no assurance that these statements will prove to be correct. Actual results and future events could differ significantly from those implied by such statements. These risks and uncertainties are discussed in the annual report filed with the securities commissions of British Colombia, Alberta, Ontario and Quebec.