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November 22, 2007 - Vancouver, BC - StrataGold
Corporation (SGV-TSX) is pleased to report the continued expansion of
gold zones at Tassawini, Guyana. StrataGold has received results for an
additional 121 reverse circulation (RC) drill holes from Sonne North,
South and Tassawini East zones. StrataGold completed a total of 10,438
metres (m) of RC drilling in three hundred fifty (310) holes to date in
2007. Assays are pending for eight (8) RC drill holes. These
latest results continue to demonstrate potential for a near surface
saprolite gold deposit at Sonne North and South. Drilling
targeted Induced Polarization (IP) chargeability features with associated
gold geochemistry anomalies at Sonne South, and defined areas of new
mineralization associated with a major structure.
Sonne North
Highlights of the latest RC drilling results from Sonne North
include Hole F1292, which intersected 1.19 g/t gold over 16.76m. This hole
collared and terminated in gold mineralization. Additional near surface
gold mineralization in saprolite was identified in Holes F1215, F1293,
1295 and 1296.
RC Results - Sonne North
|
Hole
|
Total Length (m)
|
From
(m)
|
To
(m)
|
Width
(m)
|
Gold Grade (g/t)
|
|
F1206
|
41.84
|
20.50
|
32.69
|
12.19
|
1.05
|
|
F1215
|
29.65
|
0.00
|
29.65
|
29.65
|
0.71
|
|
F1216
|
34.22
|
23.55
|
32.69
|
9.14
|
1.69
|
|
F1233
|
29.65
|
0.00
|
23.55
|
23.55
|
0.64
|
|
F1236
|
34.22
|
18.98
|
32.69
|
13.72
|
0.68
|
|
F1289
|
37.27
|
25.07
|
37.27
|
12.19
|
0.76
|
|
F1292
|
28.12
|
11.36
|
28.12
|
16.76
|
1.19
|
|
F1293
|
32.70
|
9.84
|
32.7
|
22.86
|
0.75
|
|
F1295
|
25.07
|
11.36
|
25.07
|
13.72
|
0.76
|
|
F1296
|
35.74
|
8.31
|
35.74
|
27.43
|
0.53
|
|
F1299
|
41.84
|
18.98
|
28.12
|
9.14
|
1.01
|
|
F1300
|
37.79
|
18.98
|
37.27
|
18.29
|
0.51
|
Sonne South
Drilling at Sonne South tested
a strong IP chargeability anomaly associated with a major fault
structure. Mineralization associated with this structure included
F1173 which intersected 1.06 g/t gold over 16.76m within a 43.36m
interval which averaged 0.61 g/t gold from surface.
RC Results - Sonne South
|
Hole
|
Total Length (m)
|
From
(m)
|
To
(m)
|
Width
(m)
|
Gold Grade (g/t)
|
|
F1172
|
46.41
|
0.00
|
25.07
|
25.07
|
0.63
|
|
F1173
|
43.36
|
0.00
|
43.36
|
43.36
|
0.61
|
|
including
|
|
23.55
|
40.31
|
16.76
|
1.06
|
|
F1330
|
11.36
|
0.00
|
11.36
|
11.36
|
1.13
|
|
F1349
|
18.98
|
0.00
|
18.98
|
18.98
|
0.50
|
|
F1351
|
18.98
|
0.00
|
15.93
|
15.93
|
0.57
|
|
F1353
|
55.56
|
0.00
|
48.50
|
48.50
|
0.67
|
|
including
|
|
40.88
|
48.50
|
7.62
|
1.92
|
|
F1357
|
49.46
|
18.98
|
49.46
|
30.48
|
0.50
|
|
F1360
|
75.37
|
17.45
|
37.27
|
19.82
|
0.77
|
|
F1361
|
49.46
|
40.31
|
49.46
|
9.15
|
1.82
|
|
F1377
|
47.94
|
37.27
|
47.94
|
10.67
|
1.54
|
Tassawini East
Drilling at Tassawini East
tested an additional 100m of strike length to the southwest and
intersected mineralization in saprolite from surface at shallow depths.
This latest drilling has extended the strike length of the Tassawini East
zone to 400m. The average true width of this zone is 15m.
RC Results - Tassawini East
|
Hole
|
Total Length (m)
|
From
(m)
|
To
(m)
|
Width
(m)
|
Gold Grade (g/t)
|
|
F1278
|
26.04
|
0
|
26.04
|
26.04
|
0.80
|
|
F1286
|
35.74
|
20.5
|
34.22
|
13.72
|
0.51
|
|
F1288
|
31.17
|
8.31
|
31.17
|
22.86
|
0.61
|
A complete list of the RC results,
including holes with no significant results and maps pertaining to this
news release can be found on the Tassawini property page at www.stratagold.com.
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 analysed by
ACME laboratories in Santiago, Chile. ACME laboratories is a 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 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. 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 in. 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. The Company undertakes no
obligation to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should
change.
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