The paper presents a procedure whereby the Poisson’s ratio and dynamic Young’s modulus of isotropic and homogeneous materials are determined using two of the first four frequencies of natural vibration in thin square plates. The procedure is based on suitable approximate relationships relating the resonant frequencies to the elastic constants of the material. These relations were derived from an extensive series of numerical analysis carried out by a finite element code. To measure the fundamental resonant frequencies, inexpensive computerized equipment is proposed. The procedure has been validated on Carbon Steel specimens.