StrataGold Corporation

Published : November 10th, 2008

Completes Drilling on BRL Venture, Guyana

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment


November 10, 2008

  Normal 0 false false false MicrosoftInternetExplorer4 November 10, 2008 - Vancouver, BC - StrataGold Corporation (SGV-TSX) is pleased to announce that the Company and its 50% joint venture partner Newmont Overseas Exploration Limited, a subsidiary of Newmont Mining Corporation (NYSE & ASX: NEM; TSX: NMC), have completed the Phase II exploration program on the BRL Venture in Northwestern Guyana. A total of 819 metres (m) of trenching and 2156.10 m of Diamond drilling were completed on the >32,000 hectare (ha) Monosse property.  

The key targets drilled were Arakaka Trend and Aviao and are characterized by coincident geophysical, geological and geochemical anomalies. Both the Arakaka Trend and Aviao targets were defined during an extensive exploration program that has been ongoing since 2006 (see news release dated August 19, 2008). Each of the anomalies is accessible by all weather roads and are located in close proximity to the Monosse base camp, the villages of Matthew's Ridge and Arakaka, and near the deep-water port of Port Kaituma.  

Results will be released when available.

About StrataGold Corporation
StrataGold is a gold development company focused on the systematic exploration and development of two advanced-stage gold projects, Dublin Gulch, Yukon (including the Eagle Zone and Mar-Tungsten Deposits), Tassawini, Guyana and the BRL Venture with Newmont in Guyana. To obtain additional information, photos, project updates and maps pertaining to this news release, please visit: www.stratagold.com.


For further information, please contact:
Terry Tucker, President and CEO
Vanessa Pickering, Manager, Investor Communications
StrataGold Corporation
Tel: 604-696-6601
E-mail: info@stratagold.com
Website: www.stratagold.com


Statement Regarding Forward Looking Statements
This news release of StrataGold Corporation (the "Company") contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "aims," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward looking statements, as such information constitutes a prediction of what might be found to be present when and if a project is actually developed. Forward-looking statements in this document include statements regarding: the Company's expectations regarding drilling and exploration activities on properties in which the Company has an interest; and the Company's statements regarding estimates of resources on properties in which the Company has an interest. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of their respective dates. Important factors that could cause actual results to differ materially from the Company's expectations include among others, risks related to fluctuations in mineral prices; uncertainties related to raising sufficient financing to fund planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; uncertainties involved in the estimation of resources; the possibility that required permits may not be obtained on a timely manner or at all; the possibility that capital and operating costs may be higher than currently estimated and may preclude commercial development or render operations uneconomic; the possibility that the estimated recovery rates may not be achieved; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from the Company's operations; risks associated with title to mineral properties; and other risks and uncertainties discussed under the heading "Risk Factors" in Section 5 of the Company's Annual Information Form filed on SEDAR and elsewhere in the Company's documents filed from time to time with the Toronto Stock Exchange and Canadian securities regulators. These statements are based on a number of assumptions, including assumptions regarding general market conditions, the availability of financing for proposed transactions and programs on reasonable terms, and the ability of outside service providers to deliver services in a satisfactory and timely manner. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as expressly required by applicable securities laws, the Corporation undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.



Copyright � 2007 StrataGold Corporation
.

StrataGold Corporation

CODE : SGV.TO
ISIN : CA86270G1063
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

StrataGold is a gold exploration company based in Canada.

StrataGold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 9.2 millions as of today (US$ 8.0 millions, € 5.8 millions).

Its stock quote reached its highest recent level on December 29, 2006 at CA$ 1.70, and its lowest recent point on December 12, 2008 at CA$ 0.01.

StrataGold has 184 153 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of StrataGold Corporation
2008 Annual report
Financings of StrataGold Corporation
9/19/2008Raises $651,000 in Non-Brokered Financing
Option Grants of StrataGold Corporation
2/22/2008 Announces Grant of Stock Options
Nominations of StrataGold Corporation
5/16/2008Appoints Executive Chairman
3/4/2008Announces Board of Directors Appointment
Project news of StrataGold Corporation
1/14/2009(Dublin Gulch Eagle Gold Mine)Increases the Dublin Gulch Eagle Zone Deposit Indicated Gold...
12/2/2008(Dublin Gulch Mar Tungsten)Announces 2008 Diamond Drill Results, Ealge Zone, Yukon
11/10/2008(Monosse Jv)Completes Drilling on BRL Venture, Guyana
8/28/2008(Eureka)Announces Drill Results from the Mar-Tungsten Deposit
6/11/2008(Tassawini)Discovers New Gold Zones at Tassawini, Guyana
5/28/2008(Dublin Gulch Eagle Gold Mine)Commences Drilling at Dublin Gulch, Yukon
4/15/2008(Canalask) Announces 2007 Exploration Results from Canalask JV, Yukon
4/3/2008(Aurex)Identifies a New Silver Target in the Keno Hill Silver Distr...
3/28/2008(Tassawini)Defines New Gold Zone at Tassawini, Guyana
2/27/2008(Dublin Gulch Eagle Gold Mine) announces drill contract for Dublin Gulch, Yukon
2/26/2008(Tassawini) Commences 2008 Exploration Program at Tassawini, Guyana
2/19/2008(Monosse)Commences Gold Exploration Program at Monosse, Guyana
1/15/2008 Announces NI 43-101 Mineral Resource Estimate for the Mar-T...
1/14/2008Intersects 1.86 G/T Gold Over 18.9 Metres at Monosse, Guyana
12/21/2007(Dublin Gulch Eagle Gold Mine)2007 Technical report
11/22/2007(Tassawini) Continues to Expand Gold Zones with RC Drilling of Geophysi...
11/22/2007(Tassawini) Discovers Two New Zones at Tassawini, Guyana
10/11/2007(Dublin Gulch Mar Tungsten)StrataGold discovers new gold zone at Dublin Gulch, Yukon
7/30/2007(Tassawini) expands Sonne North and South gold zones, Tassawini, Guyana
7/9/2007intersects 85.5 metres averaging 5.80 g/t gold, Tassawini, G...
4/2/2007(Tassawini)first Tassawini Mineral Resource estimate and continued aggr...
3/20/2007(Tassawini)provides project update for Tassawini and Anaturi, Guyana
3/13/2007intersects 26.4 metres averaging 3.93 g/t gold at Tassawini ...
5/31/2006(White Creek)begins diamond drilling at Dublin Gulch
Corporate news of StrataGold Corporation
6/6/2009Closing of Business Combination with Victoria Gold Corp.
5/21/2009Deadline for Proxy Returns 10:00 am PST May 22, 2009
5/19/2009Request For Proxy Returns for May 26, 2009 Special Meeting o...
2/11/2009and Victoria Gold Corp. Announce Business Combination - Tele...
12/12/2008Announces Phase II Exploration Results from the BRL Venture,...
12/1/2008announces positive Preliminary Economic Assessment on the Ma...
9/24/2008Commences Drilling on BRL Venture, Guyana
8/26/2008Provides Shareholder Update
8/19/2008Phase II Drill Program Recommended for BRL Venture, Guyana
8/12/2008Receives SRK Recommendations to Advance Tassawini, Guyana
7/8/2008enters option agreement with Mega Silver Inc.
3/17/2008 to be Featured on CEO Clips Airing on The Biography Channel...
3/17/2008Commences 2008 Exploration Program at White Creek, Guyana
2/22/2008Promote VP, Corporate Development
11/8/2007Eagle Zone open to East, South and Depth, Dublin Gulch, Yuko...
11/1/2007Kaituma Uranium Discovery, Guyana and Legal Title
10/1/2007promotes VP, Environment and Community Affairs
9/21/2007Shareholder Update on 2007 Exploration Programs
7/14/2007purchases alluvial gold mining rights at Tassawini, Guyana
6/14/2007Exercises Tassawini option
5/1/2007makes new discovery at Monosse, Guyana
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (SGV.TO)BERLIN (UH5.BE)
0.050+0.00%0.036+12.50%
Last quotes and information before delisting
Prev close Open
0.050 0.045
Low High
0.045 0.055
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.050 -%
Volume 1 month var.
403,106 -%
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.70-0.65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 12.26+2.68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.53-1.87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.64-1.86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.23+4.04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+4.26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+2.63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.88+0.53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.71+0.19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :