STRATAGOLD PURCHASES ALLUVIAL GOLD MINING RIGHTS AT TASSAWINI, GUYANA
�July 13, 2007 - Vancouver, B.C. - StrataGold Corporation (SGV.TSX) is pleased to announce that subsequent to the exercise of the Tassawini Option (see news release dated June 13, 2007) the Company, through its indirectly-held wholly-owned subsidiary, has agreed to buy-out the Alluvial Gold mining rights of the Tassawini property for US$500,000 in two installments of US$250,000 from the Vendor. The initial payment of US$250,000 has been made with the final amount due in one year.
�Upon exercise of the Tassawini Option, the Company was required under the Tassawini Agreement dated June 10 2004 to make all reasonable efforts, consistent with technically-and-economically prudent industry practices, to complete a 'Feasibility Study' on the property within 18 months from the exercise of the option. The Vendor has agreed to amend the Tassawini Agreement by extending the period of delivery of a 'Feasibility Study' from 18 months to 24 months from the date of exercise of the Tassawini Option. The Vendor has also agreed to relinquish the rights to the four medium scale permits and commence transfer of the permits to the Company's indirectly-held wholly-owned subsidiary.
�About StrataGold
StrataGold is a well-funded gold development company focused on the systematic exploration and development of two advanced-stage gold projects. To obtain additional information, photos and project updates 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
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.
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