Strategic Resource Acquisition Corporation

Strategic Resource Acquisition Corporation

February 20, 2008 08:48 ET

SRA begins Crushing and Hoisting at Gordonsville Mine in Anticipation of Mill Start-up

TORONTO, ONTARIO--(Marketwire - Feb. 20, 2008) - Strategic Resource Acquisition Corporation ("SRA" or the "Company") is pleased to announce that the primary crusher and production hoist are now fully commissioned. Hoisting commenced yesterday from an underground stockpile inventory of approximately 80,000 tons.

Systematic commissioning of the various surface and mill components by onsite commissioning teams is nearing completion. The secondary crushing circuit has completed commissioning and will begin crushing rock, while plant air, seal water and process water systems have been tested and are ready to receive ore.

The balance of the plant systems are progressing systematically through commissioning. The rod mill liners are installed, lube systems complete and review of the rod mill installation is being finalized. Initial run with rock into the mill will begin by the end of this week.

For calendar 2008, production from all three mines - Gordonsville, Cumberland and Elmwood - is expected to be 110 to 120 million pounds of payable zinc, in concentrate with a full sustainable life of mine production level of 7,500 tons per day achievable by mid-year.

About SRA

SRA Corporation is focused on the development of the MTM zinc project in the State of Tennessee. 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. MTM 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. 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.

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.

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