April 3, 2008 - Vancouver, BC - StrataGold Corporation (SGV-TSX) is pleased to announce
exploration results from its wholly owned Aurex property, located in the
Keno Hill Silver District, 20 kilometres south of StrataGold's Dublin
Gulch property, Yukon Territory.
The Keno Hill Silver District historically produced 217 million ounces of
silver at an average grade of 1,260 grams per tonne (g/t) silver and was
the second largest silver producing district in Canada.
Exploration completed on the Aurex property in
2007 as part of StrataGold's ongoing assessment requirements, resulted in
the discovery of a robust coincident silver-lead soil geochemistry
anomaly on Galena Hill associated with the McLeod Fault. The anomaly,
located in the northeastern extent of the Aurex claim block, is well defined
by soils ranging from 1.7 g/t to 2.5 g/t silver over a strike length of
1,200 metres and a width greater than 100 metres.
The McLeod Fault strikes across the Aurex
property from the historical Fisher Creek silver occurrence, located on
the southern part of the Aurex property, to the Mackeno Mine, located
immediately northeast of the property. Historical results
from the Fisher Creek occurrence, assayed 22,295 g/t silver with 25% lead
(MINFILE:105M022).
High grade silver mineralization was historically mined at the Mackeno
Mine. The McLeod Fault was never systematically tested south of the
Mackeno Mine in the vicinity of Galena Hill on the Aurex property.
Field observations indicate that the anomaly is
predominantly underlain by thickly bedded quartzites of the Central
Quartzite Formation, considered to be the most favorable host rock for
silver mineralization in the Keno Hills Silver District.
StrataGold is currently seeking partnership
opportunities for the Aurex property.
Quality Control and Assurance and Data
Verification
A rigorous Quality Control and Assurance Program
(QA/QC) is in place, using lab inserted control samples such as Blanks,
Standards and duplicate checks, as well as protocols outlined and defined
by a qualified geologist to ensure field data veracity. The program
was under the supervision of Terry Tucker, P.Geo., StrataGold's President
and CEO. All sample bags were shipped to ALS Chemex lab in North
Vancouver for analysis. ALS Chemex is an ISO 9001:2000 accredited
laboratory.
Data supporting the anomaly is largely
historical and was verified through the Yukon Minfile database as well as
historical publications pertaining to the property. Physical
verification of random sample points was undertaken by the geologist on
site.
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.
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