StrataGold Corporation

StrataGold Reviews 2006 Exploration and Development Programs

    Vancouver, Canada (ots/PRNewswire) - StrataGold Corporation (TSX: SGV) is pleased to provide a review of our  2006 exploration and development programs at Tassawini and Barama JV,  Guyana and Dublin Gulch, Yukon. Since our corporate update at the end of  August (see August 30, 2006 news release), the Company has announced several  new discoveries at Dublin Gulch, Yukon and Tassawini, Guyana and successfully completed the exercise of 100% of the warrants from our 2004 financing. With approximately C$18 million in the treasury and over  $13 million of that total allocated towards exploration and development  in 2007, StrataGold is well-positioned to continue the aggressive  advancement of our properties in North and South America.

    Exploration and Development Update


    Tassawini - Guyana

    The 2006 C$9 million exploration and development program achieved a  total of 26,282 metres (m) of diamond drilling (DD) in 187 holes and  22,776 m of reverse circulation (RC) drilling in 637 holes. To date, we have  reported 90 DD holes and 226 RC holes with 97 DD and 411 RC results pending.  Drill results reported in mid-September announced the discovery of a new  zone of gold mineralization called Mine Creek located 100 m north of  Tassawini West. The Mine Creek discovery confirmed that Black Ridge, Mine  Creek, Tassawini West and Tassawini East are all a part of the same gold  mineralized system with the true widths of individual zones ranging from 10  m to 50 m. Acme Labs opened a certified sample preparation facility in Georgetown, Guyana in November 2006 which should ensure a more timely receipt  of assay data from our samples in 2007.

    Tassawini is fortunate to have a deep weathering profile identified  from drill core. Tropical weathering has altered the gold-bearing  metasedimentary rocks into "saprolite" (a soft clay-like rock) up to 80 m  in thickness. Encouraging preliminary metallurgical results (see October 18,  2006 news release) completed on this material demonstrates excellent gold  recoveries ranging up to 95%.

    The Company is advancing scoping level engineering work at Tassawini.  Following delivery of a resource estimate, which will incorporate all the  DD holes completed to the end of 2006, proposed engineering work will  include accurate topographic data, additional metallurgical test work, and  preliminary pit designs and site layout. Socioeconomic studies and  environmental baseline work is continuing and will be required for any  future environmental assessment of the project. Pincock, Allen & Holt is  leading the engineering work, with Klohn Crippen managing the baseline and socioeconomic work.

    Barama JV ('BJV') - Guyana (StrataGold and Newmont)

    Following compilation of data from a 2006 regional stream sediment sampling program, StrataGold, with JV partner Newmont Overseas Exploration  Ltd., commenced drilling on the Monosse property in late November 2006.  Monosse is the only property within the 4,500 square kilometer ('km')  Barama Reconnaissance Permit ("BRP") that has seen any modern exploration,  besides StrataGold's wholly owned Tassawini and Anaturi properties.  Detailed stream and soil geochemical surveys, trenching and a 3,000 m DD  program were completed by Toscana Resources Ltd and Champion Resources Ltd  during the period from 1994 to 1999. StrataGold and Newmont's initial  2,000 m DD program at Monosse commenced with a series of due diligence  holes to twin some of Toscana's historical holes, followed by a  systematic drill program to be announced in 2007.

    Champion and Toscana's historical findings as well as project updates  can be found at our website at

    Dublin Gulch - Yukon

    The 2006 C$2.3 million exploration and development program at Dublin  Gulch yielded positive results including the discovery of a new zone of  mineralization called the Steiner Zone located 700 m northwest of the Eagle  Zone. Historical RC drilling at the Steiner Zone intersected gold  mineralization within a large granodiorite stock that is associated with  the same granodiorite that hosts gold mineralization at the nearby Eagle  Zone. The Steiner Zone remains open to the north, south, west and at depth  and represents a significant new gold exploration target.

    Extensive geochemical soil sampling and trenching was completed at Dublin Gulch in 2006 to explore the potential for gold resources north and  east of the Eagle Zone. As a result of this work, the Shamrock/Cascallen  Zone was discovered approximately 3 km northeast of the Eagle Zone and  returned trench sample results with positive gold and silver values.

    Most of the work to date at Dublin Gulch has focused on the Eagle Zone  where drilling in 2005 confirmed an Indicated and Inferred gold resource of  1,960,000 and 371,000 ounces of gold respectively (see February 27, 2006  News Release)(x). One of the highlights of the 2006 exploration season was  DG06-314C which successfully intersected the Eagle Zone 180-200 m below the  existing resource. The Eagle Zone remains open along strike to the east and  west and the results from 2006 represent an opportunity to define additional  resources at depth.

    (x) Resource estimate completed by Wardrop Engineering Incorporated.

    The 2005 and 2006 Dublin Gulch exploration programs were overseen
by         Qualified Person Jim Sparling P.Geo., Manager, Exploration
North and Central  America for StrataGold Corporation.

    Everyone at StrataGold would like to wish you the best in 2007 and we  look forward to sharing our successes at Tassawini, Dublin Gulch and the  Barama JV as exploration and development progress.

    About StrataGold

    StrataGold is a well-funded gold development company focused on the  systematic exploration of two advanced-stage gold projects. To obtain  additional information, photos and weekly project updates please  visit:

    This news release may contain forward-looking statements including but  not limited to comments regarding the timing and content of upcoming work  programs, geological interpretations, receipt of property titles, potential  mineral recover processes etc. Forward-looking statements address future  events and conditions and therefore involve inherent risks and  uncertainties. Actual results may differ materially from those currently  anticipated in such statements. StrataGold relies upon litigation protection  for forward-looking statements.

ots Originaltext: StrataGold Corporation
Im Internet recherchierbar:

For further information: Mr. Terry L. Tucker, President and CEO, Ms.
Vanessa Pickering, Manager, Investor Communications, StrataGold
Corporation, Tel: +1-604-696-6601, E-mail:,

Weitere Meldungen: StrataGold Corporation

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