StrataGold intersects 1.86 G/T gold over 18.9 metres at Monosse, Guyana



    VANCOUVER, Jan. 14 /CNW/ - StrataGold Corporation (SGV.TSX) is pleased to
announce exploration and diamond drilling (DD) results from the Monosse
property, located 45 kilometres (km) due west of StrataGold's 100% owned
Tassawini property. The Monosse property is subject to a 50:50 joint venture
with Newmont Overseas Exploration Limited, a subsidiary of Newmont Mining
Corporation (NYSE & ASX: NEM; TSX: NMC). In 2007 a total of 2,676 metres (m)
of diamond drilling (DD) was completed in fourteen (14) holes. Highlights of
the latest DD results include MD018 which intersected 1.86 g/t gold over
18.9 m at the Gomes Hill target. Gold mineralization has been intersected over
a minimum strike length of 450 m, with a variable true width that averages
approximately 12 m. Mineralization at Gomes Hill is associated with a major
regional thrust fault named the Eveready structure. The exploration results
demonstrate that gold mineralization remains open in all directions at this
time.
    StrataGold and Newmont have optioned several properties to expand the
size of the landholdings at the Monosse property to 33,618 hectares, adding
more than 25 km of strike length along the Eveready structure as well as
several gold occurrences located along the Arakaka trend. StrataGold and
Newmont hold an important land position in the prospective Arakaka trend which
is a northeast-trending mineralized and structural corridor within the
Barima-Waini District of Northwestern Guyana.

    2007 Exploration Program - Gomes Hill

    In 2007, a total of 49 km of cut grid lines were established over five km
of strike length of the Gomes Hill target. Three grids followed the Eveready
structure that control gold mineralization. The Gomes Hill area was further
explored with 1,500 m of trenching and channel sampling, a soil geochemistry
survey in which 1,841 soil samples were collected, 35.6 km of ground induced
polarization (IP) geophysics and 2,676 m of diamond drilling in fourteen (14)
DD holes. The results from the 1,841 soil samples demonstrate the presence of
gold mineralization along the entire strike length of the mineralized Eveready
structure with anomalous soils assaying up to 6.0 g/t gold. The results
demonstrate that the Eveready structure is a major regional thrust fault that
is gold-bearing over a minimum strike length of 5 km (see map on website at
www.stratagold.com).

    2007 Diamond Drilling Results - Gomes Hill

    Diamond drilling at Gomes Hill intersected gold mineralization in
sulphide-rich quartz veins hosted near the sheared margins of a concordant
diorite intrusive. Mineralization is preferentially hosted along the contact
between the diorite intrusion and sheared northwest trending, gently
southwest-dipping carbonaceous mudstones and dacitic tuffs. The mineralization
strikes to the northwest at approximately 340 degrees and dips to the
southwest at 30 to 45 degrees. The controlling structure is considered to be a
large thrust fault named the Eveready structure, which has a strong IP
chargeability anomaly.

    
    Table 1. Diamond Drilling Results

    -------------------------------------------------------------------------

    Hole      From (m)    To (m)      Interval Width (m)     Gold Grade (g/t)

    -------------------------------------------------------------------------
    MD006      51.00      54.00             3.00                    0.70
    -------------------------------------------------------------------------
    And        74.50      78.10             3.60                    2.97
    -------------------------------------------------------------------------
    And       190.50     193.00             2.50                    0.87
    -------------------------------------------------------------------------
    MD007     146.00     152.50             6.50                    0.42
    -------------------------------------------------------------------------
    And       180.50     183.50             3.00                    0.49
    -------------------------------------------------------------------------
    And       201.50     206.50             5.00                    0.41
    -------------------------------------------------------------------------
    MD015      92.80      99.30             6.50                    1.52
    -------------------------------------------------------------------------
    And       112.50     116.10             3.60                    1.55
    -------------------------------------------------------------------------
    And       128.05     159.90            31.85                    0.68
    -------------------------------------------------------------------------
    Includ-
     ing      131.50     140.50             9.00                    1.72
    -------------------------------------------------------------------------
    And       169.20     178.00             8.80                    0.91
    -------------------------------------------------------------------------
    MD016     133.40     141.80             8.40                    1.76
    -------------------------------------------------------------------------
    And       156.00     167.60            11.60                    1.10
    -------------------------------------------------------------------------
    Includ-
     ing      161.05     164.15             3.10                    2.43
    -------------------------------------------------------------------------
    MD017      48.00      63.30            15.30                    1.02
    -------------------------------------------------------------------------
    And        97.10     102.00             4.90                    2.79
    -------------------------------------------------------------------------
    MD018      98.70     117.60            18.90                    1.86
    -------------------------------------------------------------------------
    And       137.80     146.50             8.70                    0.95
    -------------------------------------------------------------------------
    MD019      14.80      18.40             3.60                    0.38
    -------------------------------------------------------------------------

    MD09, 10, 11, 12, 13 and 14 had no significant intersections.
    

    2008 Exploration Plans - Monosse Project

    An aggressive regional exploration program is ongoing at the Monosse
property to follow up on numerous targets identified during the 2007 program.
A two-phase work program has been recommended for the Monosse property in 2008
with Phase I work to include the development of widespread soil geochemistry
surveys, trenching and channel sampling, as well as follow-up IP geophysical
surveys on defined target areas. The Phase II work program will consist of
diamond drilling and follow-up surveying. Phase II work will commence once the
results from the Phase I program have been evaluated.

    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 Qualified Person (QP) 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. Samples have been processed at an ISO 9000 registered laboratory at
Acme Analytical Laboratories Ltd.'s sample preparation facility in Guyana and
laboratory in Santiago, Chile or Vancouver, British Columbia.

    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.

    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. 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.





For further information:

For further information: 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

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