Resouro Strategic Metals Inc. provided an update on activities at the Tiros Rare Earths and Titanium project in Brazil. Key highlights from recent assays received include: 38 metres at 6,444 ppm TREO with 1,524 ppm NdPr and 17.5% TiO2 from 40m (Aircore); 34 metres at 4,216 ppm TREO with 1,020 ppm NdPr and 10.6% TiO2 from 24m; (Aircore) 28 metres at 4,585 ppm TREO with 1,012 ppm NdPr and 12.7% TiO2 from 29m (Aircore); 12 metres at 8,150 ppm TREO with 1,575 ppm NdPr and 20% TiO2 from surface (Auger);10.5 metres at 7,181 ppm TREO including 2,222 ppm NdPr and 17.5% TiO2 from (Aircore). In summary, the 518 samples taken from the 13 holes (AC and Auger) in the recent campaign produced: 83% of the samples had a TREO grade 3,000 ppm; 84% of the samples had a NdPr grade of over 500 ppm; and 85% of samples had a TiO2 grade of over 10%.

The company has focused drilling on the Tiros Centre which covers 44 km2 in the centre of the Tiros Project with its northern tenements (Tiros North) also producing excellent results. The Tiros Centre covers approximately 9.5% of the total 477 km2 of the Tiros Project. The program includes Air- Core, Diamond and Auger drilling, all to provide data for a maiden Resource Estimation.

Resouro has now completed 257m over 25 auger holes, 1,562m over 30 Air-Core holes and, 1,634m over 26 Diamond holes, excluding historical drilling by Vincenza and Iluka with 950m over 20 holes of Air-Core drilling and 1 diamond drill hole at 82m by Vincenza. The assay results published in this release are the first of significant number of drill samples currently in the laboratory for assay.