Strateco Resources Inc SRSIF

Energy

Strateco Resources Inc. is a mining company. The Company is engaged in uranium exploration and development. The Company's Matoush project is located in the Otish Mountains of northern Quebec, approximately 275 kilometers north of Chibougamau and over 210 kilometers northeast of Mistissini. The Matoush project consists of the Matoush, Matoush Extension and Eclat properties, as well as the Pacific-Bay-Matoush property. The Matoush project comprises approximately 590 claims covering a total area of over 31,195 hectares. The Matoush property is located approximately 275 kilometers north of Chibougamau in the Otish Mountains of northern Quebec, Canada. The Eclat property is located in the Otish Mountains of northern Quebec, immediately south of the Matoush property. The Matoush Extension property is located north, west and east of the Matoush property in the Otish Mountains, in Northern Quebec. The Pacific-Bay Matoush Property is located in the Otish Mountains in northern Quebec.

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Strateco Resources Inc

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Comment by belovedon Feb 15, 2011 4:17pm

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Post# 18138652

RE: Next drill-today lowjack made mistake;-)

Last Update: 2/15/2011 4:00:00 PM

VANCOUVER, BRITISH COLUMBIA, Feb 15, 2011 (Marketwire via COMTEX) --David H. Brett, President and CEO, Pacific Bay Minerals Ltd.(PBM) (the "Company") reports that partner Strateco Resources Inc.("Strateco")(RSC) has commenced diamond drilling on the Company's Otish Mountainsuranium property in Quebec, where Strateco is earning a 60% interest.This drilling is targeting the highly prospective Matoush-style AlfredFault zone discovered by Strateco in October, 2010, approximately 4 kmwest of Strateco's Matoush uranium deposit. The Alfred Fault drilling ispart of a $1.1 million, 5,500-metre drilling program planned for 2011on the property.

The technical information in this news release was reviewed and approvedby Doug Blanchflower, P.Geo., a Qualified Person as defined by NationalInstrument 43-101.

Pacific Bay Minerals Ltd.

David H. Brett, MBA, President & CEO

SOURCE: Pacific Bay Minerals Ltd.

Pacific Bay Minerals Ltd.  

Investor Relations  

President & CEO  

604-682-2421 or Toll Free: 1-800-670-6570 (Canada)  

604-682-7576(FAX)  
    

www.pacificbayminerals.com