Vancouver - March 28, 2007 - StrataGold Corporation (SGV-TSX) is pleased to report results for the final forty-four (44) Diamond drill holes (DDH), representing 5,510.3 metres (m) of the 2007 DDH program for its 100% indirectly owned Tassawini property, Guyana, South America. Twenty-nine (29) of these holes were drilled south of the Tassawini Deposit and within the Sonne areas, while fifteen (15) holes tested Induced Polarization (IP) geophysical targets identified at Kathmandu and near the Tassawini base camp.�
Ravine�
In 2007, a 60.4 kilometre IP survey tested the geophysical bedrock features for the Tassawini resource area and a number of other targets including Sonne, Kathmandu, Anaturi, Matahari, Clutch and Stamp Mill. The IP has identified high chargeability features, particularly at Tassawini West, which appears to be closely associated with favorable stratigraphy and gold mineralization. A previously untested chargeability feature was identified by this survey between Tassawini West, Black Ridge and Tassawini South (see news release dated November 22, 2007). This IP target was tested and a new zone of gold mineralization was discovered. This discovery, named Ravine, was a blind geophysical target with no associated gold soil geochemistry signature. These latest DDH results have now delineated Ravine over a strike length of approximately 225 m. The mineralization in this zone consists of up to three stacked lenses each between 5 and 20 m in true width. Highlights include SD422 which intersected 1.26 g/t gold over 32.4 m from surface, including 2.25 g/t gold over 16.05 m, and SD420 which intersected 0.87 g/t gold over 54.8 m. Trenching at Ravine returned 1.00 g/t gold over 28 m in Trench TR24a, while Trench TR24b returned 0.53 g/t over 53 m.
These results confirm that IP is an effective exploration tool for identifying favorable gold targets in geochemically masked areas.
Ravine - DDH Results
Hole
|
Total Length (m)
|
From
(m)
|
To
(m)
|
Interval Width (m)
|
Gold
(g/t)
|
SD415
|
98.5
|
30.71
|
46.00
|
15.29
|
0.52
|
|
|
and
|
75.50
|
88.62
|
13.12
|
1.06
|
SD416
|
113.5
|
48.00
|
67.70
|
19.70
|
0.96
|
SD417
|
110.5
|
67.00
|
74.50
|
7.50
|
1.15
|
SD419
|
167.5
|
8.50
|
27.20
|
18.70
|
0.72
|
|
|
and
|
36.50
|
52.00
|
15.50
|
1.22
|
SD420
|
134.50
|
38.20
|
93.00
|
54.80
|
0.87
|
SD421
|
118.00
|
1.00
|
8.70
|
7.70
|
1.05
|
|
|
and
|
40.50
|
62.68
|
22.18
|
0.68
|
SD422
|
131.50
|
0.00
|
32.40
|
32.40
|
1.26
|
|
|
including
|
0.00
|
16.05
|
16.05
|
2.25
|
|
|
and
|
106.50
|
110.50
|
4.00
|
1.42
|
SD423
|
64.00
|
1.00
|
15.50
|
14.50
|
1.24
|
SD403 to 405, 418 and 424 did not have significant intersections.
Sonne South
Nine DDH were completed at Sonne South. Vertical hole SD377 which had previously terminated in mineralization, was reentered and extended with a revised intersection of 0.72 g/t gold over 53.85 m, including 1.03 g/t gold over 26.55 m. At this time there is not enough information to estimate true width for these newly reported holes. Previously reported reverse circulation (RC) drill results identified near surface, flat to low dipping gold mineralization ranging between 5 m and 15 m true width at Sonne South. The extension of mineralization from 14.00 m to a depth of 67.85m in SD377 has now confirmed that moderate to steep dipping mineralization is also present at Sonne South, demonstrating excellent potential for extending known zones of gold mineralization to depth below the limits of reported RC drill results.��
Sonne South - DDH Results
Hole
|
Total Length (m)
|
From
(m)
|
To
(m)
|
Interval Width (m)
|
Gold
(g/t)
|
SD377 (extended)
|
33.0
|
14.00
|
67.85
|
53.85
|
0.72
|
including
|
|
32.50
|
59.05
|
26.55
|
1.03
|
SD407
|
137.5
|
85.00
|
118.00
|
33.00
|
0.54
|
|
|
including
|
107.50
|
118.00
|
10.50
|
1.10
|
SD408
|
143.5
|
62.57
|
67.00
|
4.43
|
1.15
|
and
|
|
94.00
|
104.50
|
10.50
|
0.62
|
SD409
|
125.5
|
30.05
|
39.80
|
9.75
|
0.53
|
and
|
|
48.00
|
80.90
|
32.90
|
0.56
|
SD387, 406 and 410 to 412 did not have significant intersections.
Sonne North
Five holes were drilled at Sonne North. Two of these, SD388 and SD414, intersected consistent zones of low grade gold mineralization in saprolite from near surface. The mineralization intersected is generally in flat to gently dipping bodies ranging between 5 and 20 m average true width. �
Sonne North - DDH Results�
Hole
|
Total Length (m)
|
From
(m)
|
To
(m)
|
Interval Width (m)
|
Gold
(g/t)
|
SD388
|
134.5
|
14.00
|
48.00
|
34.00
|
0.34
|
SD413
|
101.5
|
7.00
|
15.70
|
8.70
|
0.45
|
SD414
|
108.3
|
8.00
|
31.00
|
23.00
|
0.74
|
|
|
including
|
13.50
|
19.50
|
6.00
|
1.86
|
SD413
|
101.5
|
7.00
|
15.70
|
8.70
|
0.45
|
SD389 and 390 did not have significant intersections.
Tassawini East
Two holes drilled at the southwestern extent of Tassawini East effectively closed off the zone in this direction. The estimated average true width at Tassawini East is 15 m.
Tassawini East - DDH Results
Hole
|
Total Length (m)
|
From
(m)
|
To
(m)
|
Interval Width (m)
|
Gold
(g/t)
|
SD362
|
86.5
|
5.50
|
10.00
|
4.50
|
1.93
|
SD363, drilled at Tassawini East, did not have a significant intersection. SD378 to 380, drilled south of the Tassawini Deposit, did not return any significant intersections.
Kathmandu
Twelve holes were drilled at Kathmandu which identified a consistent but narrow zone (estimated true width 2.5 to 5 m) of gold mineralization associated with a regional shear which has been traced over 800 m in strike length by drilling, mapping and IP geophysical surveys.
Kathmandu - DDH Results
Hole
|
Total Length (m)
|
From
(m)
|
To
(m)
|
Interval Width (m)
|
Gold
(g/t)
|
SD391
|
149.5
|
48.00
|
52.00
|
4.00
|
1.04
|
SD392
|
164.5
|
41.70
|
46.30
|
4.60
|
0.70
|
SD393
|
160.0
|
46.00
|
53.00
|
7.00
|
0.96
|
SD394
|
149.5
|
58.50
|
66.40
|
7.90
|
0.73
|
and
|
|
83.50
|
86.14
|
2.64
|
1.74
|
SD401
|
149.5
|
74.70
|
76.70
|
2.00
|
2.50
|
SD402
|
155.5
|
39.00
|
41.50
|
2.50
|
5.02
|
SD395 to 400 did not return any significant intersections including those near the Tassawini base camp.
2008 Exploration
Exploration at Tassawini in 2008 will be in two-phases. Phase I exploration will include a detailed mapping and trenching program conducted over high priority gold targets that are characterized by favorable geology with coincident IP geophysics and gold soil geochemistry anomalies.
The Phase II exploration program, subject to Phase I results, will focus on favorable targets identified in Phase I and will be advanced as appropriate. The exploration effort will be multi-faceted, incorporating regolith interpretation, geochemical sampling, trenching, geological and structural mapping, Diamond drilling and reverse circulation drilling.
Quality Control and Assurance
A rigorous Quality Control and Assurance program (QC/QA) is in place, using control samples and duplicates, as well as Chain of Custody (COC) protocols, under the supervision of Bill Yeomans, P.Geo., StrataGold's General Manager Exploration, South America. Tamperproof sample bags with zip lock tags are being utilized for all of the drill samples. The Tassawini samples were prepared by ACME laboratories in Georgetown, Guyana, and analyzed by ACME laboratories in Santiago, Chile. ACME laboratories is� recognized as an ISO 9000 registered laboratory. The control samples and duplicate assay results received for the drilling program demonstrated to StrataGold that the results are considered reliable. However, due to the rigorous nature of StrataGold's QC/QA program, additional check assays will be conducted and these results pending. All Diamond drill holes are being processed an ISO 9000 registered laboratory. The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101. Mr. Bill Yeomans is designated as the qualified person having reviewed this information.
About StrataGold
StrataGold is a gold development company focused on the systematic exploration and development of two advanced-stage gold projects and the BRL Venture with Newmont. To obtain additional information, photos, project updates and maps pertaining to this news release, please visit: www.stratagold.com.
For further information, please contact:
Mr. Terry L. Tucker, President and CEO
Ms. 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," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in this document include statements regarding the Company's expectations regarding exploration activities 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; the possibility that required permits may not be obtained on a timely manner or at all; 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; and other risks and uncertainties discussed under the heading "Risk Factors" 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.