SNRP.L Regulatory News (SNRP)

24 March 2011

Strategic Natural Resources PLC

("SNR" or the "Company")

Commencement of Drilling Programme

The Board of Strategic Natural Resources plc (AIM: SNRP) is pleased to report that the Company will be commencing a new drilling and exploration programme for 2011/12, in April 2011. It will be allocating circa USD2.5 million with the aim of increasing and improving the resource categorisation across all of its various rights areas. Specifically the Company will, through the drilling and exploration programme, aim to achieve the following:

1. Increase the mineable resources available in the Company's Phase 1&2 areas.

2. Explore for coal in the Company's Phase 3 area, in order to verify an earlier report of possible coking coal deposits in that area.

3. Explore for coal in the Company's Phase 4 area.

4. Commence drilling and exploration of the large Phase 5 area, west of the Company's current operations, in preparation of a possible export feasibility study which the Company aims to commence over this area in 2012.

The Company expects to be able to provide an update on progress of the planned exploration programme later this year.

SNR's CEO, David Nel, commented: "We are confident that we have a great deal more coal resource available for exploration and, to aid our export strategy, I am pleased that we have allocated this initial budget to progress this drilling and exploration programme. We hope to update our shareholders with an increase in resource, improved resource categorisation and some special coal qualities. "

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For further information about Strategic Natural Resources plc please visit www.snrplc.co.uk.