StrataGold completes 2008 exploration program at Dublin Gulch, Yukon



    VANCOUVER, Oct. 9 /CNW/ - StrataGold Corporation (SGV-TSX) ("StrataGold"
or the "Company") is pleased to announce that the C$5 million 2008 diamond
drill (DD) program at Dublin Gulch, Yukon has been completed. StrataGold
drilled a total of 8306.33 metres (m) with the focus of adding additional
resources to the Eagle Zone Deposit and Mar-Tungsten Deposit.
    StrataGold completed a total of 15 DD holes on the Eagle Zone Deposit
totaling 4248.65 m.(*) Wardrop Engineering has been engaged to update the
Mineral Resource incorporating drilling from 2006-2008. At this time, the
Eagle Zone Deposit remains open to the east, west, south and at depth.
    A total of 34 DD holes were completed on the Mar-Tungsten Deposit
totaling 4057.68 m. The 2008 DD program on the Mar-Tungsten Deposit has
successfully extended the scheelite skarn zones of the Mineral Resource(xx)
up-dip toward the surface and along strike (see news release dated August 28,
2008). The Mar-Tungsten Deposit remains open down-dip and to the north and
south. SRK Consulting has been engaged to supervise metallurgical test work
ongoing at SGS laboratories, update the Mineral Resource and complete a
Preliminary Economic Assessment scheduled for completion in December 2008.

    
    (*)Eagle Zone Resource Statement
    -------------------------------------------------------------------------
                                                      Gold        Contained
    Resource           Total           Gold         Cut-off         gold
    Category           Tonnes       Grade (g/t)    Grade (g/t)  (troy ounces)
    -------------------------------------------------------------------------
    Indicated        66,540,000        0.916           0.50       1,960,000
    -------------------------------------------------------------------------
    Inferred         14,390,000        0.803           0.50         371,000
    -------------------------------------------------------------------------


    (xx)Mar-Tungsten Resource Statement
    -------------------------------------------------------------------------
                                                                      MTU
                                                       Contained    (metric
    Resource       Total      % WO(3)      % WO(3)        WO(3)      tonne
    Category      Tonnes       Grade    Cut-off Grade   (pounds)     units)
    -------------------------------------------------------------------------
    Indicated    5,310,000      0.39         0.10      45,590,000   2,070,900
    -------------------------------------------------------------------------
    Inferred     2,170,000      0.36         0.10      17,220,000     781,200
    -------------------------------------------------------------------------
    

    (*)Greg Mosher, P.Geo. of Wardrop Engineering Incorporated, Canada, was the
independent Qualified Person under NI 43-101 responsible for the Eagle Zone
gold resource estimate. The technical report for the gold resources at the
Dublin Gulch property was filed on March 13, 2006 and can be found on
www.sedar.com.
    (xx) Dr. Bart Stryhas, PhD, a Principal Resource Geologist at SRK
Consulting (US) Inc. is the Qualified Persons under NI 43-101 responsible for
the Mar-Tungsten resource estimate. The technical report for the tungsten
resources at the Dublin Gulch property was filed on February 26, 2008 and can
be found on www.sedar.com.
    Terry Tucker, P.Geo., President and CEO of StrataGold Corporation, is the
Qualified Person under NI 43-101 responsible for the technical information in
this press release. The exploration program was conducted under the
supervision of qualified person Terry Tucker, P.Geo., StrataGold's President
and CEO. Terry Tucker has reviewed the technical content of this press
release.

    About StrataGold Corporation

    StrataGold is a gold development company focused on the systematic
exploration and development of two advanced-stage gold projects, Dublin Gulch,
Yukon (including the Eagle Zone gold and Mar-Tungsten Deposits), Tassawini,
Guyana and the BRL Venture with Newmont in Guyana. To obtain additional
information, photos, project updates and maps pertaining to this news release,
please visit: 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," "aims," "plans," "anticipates," "believes," "intends,"
"estimates," "projects," "potential" and similar expressions, or that events
or conditions "will," "would," "may," "could" or "should" occur. Information
inferred from the interpretation of drilling results and information
concerning mineral resource estimates may also be deemed to be forward looking
statements, as such information constitutes a prediction of what might be
found to be present when and if a project is actually developed.
Forward-looking statements in this document include statements regarding: the
Company's expectations regarding drilling and exploration activities on
properties in which the Company has an interest; and the Company's statements
regarding estimates of resources 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; uncertainties
involved in the estimation of resources; the possibility that required permits
may not be obtained on a timely manner or at all; the possibility that capital
and operating costs may be higher than currently estimated and may preclude
commercial development or render operations uneconomic; 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; risks associated with title to mineral
properties; and other risks and uncertainties discussed under the heading
"Risk Factors" in Section 5 of the Company's Annual Information Form filed on
SEDAR 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.
    This news release uses the terms "Inferred Resource", "Indicated
Resource" and "Mineral Resource". The Company advises readers that although
these terms are recognized and required by Canadian securities regulations
(under National Instrument 43-101 "Standards of Disclosure for Mineral
Projects"), the US Securities and Exchange Commission does not recognize these
terms. Readers are cautioned not to assume that any part or all of the mineral
deposits in these categories will ever be converted into reserves. In
addition, "Inferred Resources" have a great amount of uncertainty as to their
existence, and economic and legal feasibility. It cannot be assumed that any
part of an Indicated or Inferred Mineral Resource will ever be upgraded to a
higher category. Under Canadian rules, estimates of Inferred Mineral Resources
may not form the basis of feasibility or pre-feasibility studies, or economic
studies except for a Preliminary Assessment as defined under National
Instrument 43-101. Readers are cautioned not to assume that part or all of an
inferred resource exists, or is economically or legally mineable. The Mineral
Resources stated in this news release are not mineral reserves and, in the
absence of a current feasibility study, do not demonstrate economic viability.
The determination of mineral reserves can be affected by various factors
including environmental, permitting, legal, title, taxation, socio-political,
and marketing issues on the estimate.





For further information:

For further information: Terry Tucker, President and CEO, Vanessa
Pickering, Manager, Investor Communications, StrataGold Corporation, Tel:
(604) 696-6601, E-mail: info@stratagold.com, Website: www.stratagold.com

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STRATAGOLD CORPORATION

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