StrataGold announces drill contract for Dublin Gulch, Yukon

    VANCOUVER, Feb. 27 /CNW/ - StrataGold Corporation (SGV.TSX) is pleased to
announce that the company has signed an 8,500 metre (m) drill contract with
Lyncorp Drilling Services Inc. of Telkwa, B.C. for the 2008 exploration
program at StrataGold's 100% owned Dublin Gulch property, Yukon Territory.
    Drilling is scheduled to commence mid-late May 2008 and will focus on
defining additional gold resources at the Eagle Zone. Previous drilling
confirmed that the Eagle Zone remains open to the East, West, South and at
depth (see news release dated Nov. 8, 2007).

    About Dublin Gulch

    Dublin Gulch is located in the north central portion of the Tintina Gold
Belt which is being explored by various exploration companies for low-grade
bulk tonnage, intrusive-hosted gold deposits similar to the Fort Knox Gold
Mine operated by Kinross Gold Corporation in Alaska. StrataGold's exploration
efforts at Dublin Gulch have focused mainly on the Eagle Zone which hosts a
National Instrument (NI) 43-101 resource estimate (see news release dated
Feb. 27, 2006)(*). In 2008, StrataGold also announced a NI 43-101 tungsten
resource estimate on the Mar-Tungsten Deposit using historical drill data from
a program completed in 1979-1980, prior to StrataGold's acquisition of the
Dublin Gulch land package (see news release dated Jan. 15, 2008)(xx). The
Company is currently evaluating opportunities to realize value and synergies
for the Mar-Tungsten Deposit. The Eagle Zone and Mar-Tungsten technical
reports are available on SEDAR (

    (*) Eagle Zone, Dublin Gulch Resource Statement

    Resource       Total Tonnes    Gold Grade   Gold Cut-off   Contained gold
    Category                          (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

                                        % WO(3)
    Resource    Total Tonnes  % WO(3)   Cut-off    Contained     MTU (metric
    Category                   Grade     Grade   WO(3) (pounds)  tonne 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.

    (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.

    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.

    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:

    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.
    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: Mr. Terry L. Tucker, President and CEO; Ms.
Vanessa Pickering, Manager, Investor Communications, StrataGold Corporation,
Tel: (604) 696-6601, E-mail:, Website:

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