StrataGold Provides Project Update for Tassawini and Anaturi, Guyana
March 20, 2007 � Vancouver, BC - StrataGold Corporation (SGV-TSX) is pleased to report that all of the diamond drill results from the 2006 program have been received and are being incorporated into a preliminary resource estimate for Tassawini, Guyana. StrataGold drilled 26,283 metres (m) of diamond drill core in one hundred and eighty seven (187) holes in 2006 and 11,755 m in seventy three (73) holes in 2005 at Tassawini. The preliminary resource estimate is being prepared by Susan Lomas, P. Geo. and President of Lions Gate Geological Consulting Inc. (LGGC), and will be announced when it is available.
It is anticipated that the preliminary resource estimate will include the Tassawini West (including Mine Creek), East, South and Black Ridge zones. Most of these zones remain open along strike and at depth, range in true width from 3 m to more than 50 m and dip generally between 45 and 75 degrees to the northwest. The diamond drilling at Tassawini is generally drilled to a 25 m x 25 m drill-spacing due to the structurally complex folding of the metasedimentary hosted gold zones. It is anticipated that the geological model will assist in identifying possible gold zone extensions and targeting of drilling in 2007.
The 2007 drilling program has already commenced, with three (3) diamond drills and one (1) reverse circulation (RC) drill on site at Tassawini. Sonne North, a near surface gold zone identified by RC drilling in 2006 (see news release dated February 14, 2007) is presently being diamond drilled.
Tassawini and Anaturi Prospecting License (PL) Update (100% StrataGold)
In 2006, StrataGold completed a large detailed saprolite geochemistry program in which 7,925 auger samples were collected over the northern portion of the Tassawini PL and the 4,838 hectare Anaturi PL. In addition to the previously known Sonne North and South discoveries, the saprolite geochemistry program generated five additional gold anomalies called Kathmandu, Matahari, Mora, Clutch and Stamp Mill.* These targets are located 2,500 m northwest, 2,500 m northeast, 2,500 m north, 1,000 m east and 7,500 m north of Tassawini respectively.
Stamp Mill represents an untested gold anomaly where several historical open pits were mined in saprolite, likely in the early 1900�s. An abandoned stamp mill was discovered nearby during the course of the saprolite geochemistry program. Road access has been established to Mora, Matahari and Clutch and is nearing Stamp Mill all of which are planned to be drill tested in 2007.
* For a map of the zones mentioned as well as project photos, please visit www.stratagold.com.
Ground Geophysical Program
An induced polarization (I.P.) geophysics survey is planned in the resource area, as well as Sonne North, in order to test for extensions to the known gold deposits as well as any previously undiscovered blind targets which are not cropping out on surface. This survey will assist in identifying buried fold hinge zones, where major gold intersections have been previously been intersected by diamond 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 freighted by air in sealed containers to a new ACME sample prep facility located in Georgetown, Guyana. The samples are prepped in the ACME�s Georgetown facility and then air freighted to the ACME analytical laboratory in Santiago Chile. ACME is a recognized as an ISO 9000 registered laboratory. The control samples, blank and duplicate assay results received for the drilling program demonstrated to StrataGold that the results are considered reliable.
During the initial drilling period from 2004 till late 2006, the same rigorous Quality Control and Assurance program (QC/QA) was in place, but the Tassawini samples were freighted by air in sealed containers to ALS Chemex in Ontario. ALS Chemex is also a recognized ISO 9000 registered laboratory. The control samples and duplicate assay results received for the drilling program from both laboratory facilities 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 are 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 well-funded gold development company focused on the systematic exploration and development of two advanced-stage gold projects. To obtain additional information, photos and weekly 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.