Category: Uranium

Strateco Resources/Matoush: NI 43-101 Available on SEDAR

Strateco Resources Inc. ("Strateco") (TSX: RSC) (OTCBB: SRSIF) (FRANKFURT: RF9) is pleased to announce that the updated NI 43-101 resource estimate, prepared by Scott Wilson Roscoe Postle Associates ("Scott Wilson RPA"), for the Matoush uranium project is now available on SEDAR and on our website (www.stratecoinc.com). The wholly-owned Matoush property is located 300 km north of Chibougamau in the Otish Mountains, Quebec.

The updated NI 43-101 resource estimate for the Matoush uranium project showed Indicated Mineral Resources estimated to total 250 thousand tonnes grading 0.68% U3O8 containing 3.73 million pounds U3O8 and Inferred Mineral Resources estimated to total 1.3 million tonnes grading 0.44% U3O8 containing 13.07 million pounds U3O8.

"In just ten months since the initial resource estimate in September 2007, Strateco has successfully discovered and delineated a substantial increase to the resources at Matoush. (...) Considering the size of the Matoush property with the numerous interpreted fault zones and nine areas with anomalous radioactive boulders, there is a vast exploration potential to be investigated. (...) Scott Wilson RPA concludes that there is also potential for unconformity-type uranium deposits on the Matoush property." Scott Wilson RPA, September 16, 2008.

This press release has been approved by Jean-Pierre Lachance, Geo., Executive Vice President of Strateco Resources Inc., and R. Barry Cook, P.Eng. Associate Consulting Geologist and David A. Ross, P.Geo., Senior Geologist, both at Scott Wilson Roscoe Postle Associates who are all qualified persons as defined under National Instrument 43-101.

CAUTIONARY NOTE TO U.S. INVESTORS -The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this press release, such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml.

This press release contains forward-looking statements subject to certain risks and uncertainties. There can be no assurance that these statements will prove to be correct, and actual results and future events could differ materially from those implied by such statements. These risks and uncertainties are discussed in the annual report filed with the securities commissions of Alberta, British Columbia, Ontario and Quebec, and in the 10-KSB annual report filed with the US Securities and Exchange Commission.


Contacts:
STRATECO RESOURCES INC.
Guy Hebert
President and Chief Executive Officer
450-641-0775 / 866-774-7722
450-641-1601 (FAX)
This email address is being protected from spambots. You need JavaScript enabled to view it.

STRATECO RESOURCES INC.
Jean-Pierre Lachance
Executive Vice President
450-641-0775 / 866-774-7722
450-641-1601 (FAX)
This email address is being protected from spambots. You need JavaScript enabled to view it.

STRATECO RESOURCES INC.
Audrey Vezina Angus
Investor Relations
450-641-0775 / 866-774-7722
450-641-1601 (FAX)
This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.stratecoinc.com


SOURCE: Strateco Resources Inc.

mailto:This email address is being protected from spambots. You need JavaScript enabled to view it. mailto:This email address is being protected from spambots. You need JavaScript enabled to view it. mailto:This email address is being protected from spambots. You need JavaScript enabled to view it. http://www.stratecoinc.com