StrataGold announces first Tassawini Mineral Resource estimate and continued aggressive exploration and development activities

    VANCOUVER, April 2 /CNW/ - StrataGold Corporation (SGV.TSX) announces
that it has received the first National Instrument (NI) 43-101 compliant
Mineral Resource estimate of select zones within the 100% owned Tassawini and
Anaturi Prospecting Licenses (PL's), Guyana. The Mineral Resource estimate,
which was prepared by Lions Gate Geological Consulting Inc., is based only on
the results of the diamond drill program conducted by StrataGold within the
30 hectare (ha) area surrounding historical open pits. Not included in the
estimate are more than 640 ha of additional new gold targets located within
the 9,637 ha Tassawini and Anaturi PL's.
    The Mineral Resource estimate includes the following select zones:
Tassawini East, Tassawini West (including Mine Creek), Tassawini South and
Black Ridge and is tabulated below, reported at 0.50 g/t gold cut-off.

    Category of Mineral Resource    Tonnes   Gold Grade (g/t)   Gold (ounces)
    Indicated                     3,735,000        1.73            208,316
    Inferred                      3,696,000        1.27            151,089

    A capping strategy was applied to the assay data prior to grade
interpolation for the Mineral Resource estimate to minimize overweighting of
higher grade gold values.

    Tassawini and Anaturi PL 2007 Exploration
    StrataGold has budgeted Cdn. $8.5 million in 2007 to continue aggressive
exploration and development efforts with the following goals:

    -   Within the new gold target areas work will include induced
        polarization geophysical surveys, trenching, reverse circulation and
        diamond drilling to define additional resources. The eight new gold
        targets are Sonne North (46 ha), Sonne South (45 ha), Clutch (72 ha),
        Matahari (175 ha), Mora (124 ha), Stamp Mill (83 ha), Kathmandu
        (62 ha) and Caravan (34 ha). The new gold targets have been defined
        with soil sampling and reverse circulation drilling.

    -   Within the area of the Mineral Resource, additional diamond drilling
        will focus on the open areas identified along strike and down dip of
        the select zones to define additional resources. StrataGold will also
        evaluate a lower economic cut-off grade.

    -   To conduct additional specific gravity, metallurgical and bulk
        sampling test work and environmental studies.

    The results and geological understanding gained by previous exploration
programs will enhance the 2007 exploration and development efforts. Since
acquiring Tassawini, StrataGold has spent Cdn. $7.3 million on 36,300 metres
of reverse circulation drilling (in 969 holes) and 38,037 metres of diamond
drilling (in 260 holes) and assaying.

    Barama Joint Venture
    Diamond drilling and induced polarization geophysical surveys are ongoing
on targets that have been identified within StrataGold's 405,400 ha (1 million
acre) Barama Reconnaissance Permit (BRP) which is subject to a 50/50 joint
venture agreement with Newmont Overseas Exploration Limited (BRL Venture), a
subsidiary of U.S.-based Newmont Mining Corporation (NYSE & ASX: NEM; TSX:
NMC). The BRL Venture provides for exploration within the BRP but excludes the
100% owned Tassawini and Anaturi PL's.

    Parameters Used to Calculate the Mineral Resource
    Susan Lomas, P.Geo. and Ali Shahkar, P. Eng. of Lions Gate Geological
Consulting Inc. of North Vancouver, British Columbia, Canada are the Qualified
Persons under NI 43-101 responsible for the Mineral Resource estimate. A NI
43-101 Technical Report detailing the project and Mineral Resource estimate
protocols will be filed on SEDAR within 45 days.
    Mineralization at Tassawini was interpreted into four zones; Tassawini
East, Tassawini West (which includes Mine Creek), Tassawini South and Black
Ridge. Tassawini West and Black Ridge were further segregated into 9 domains
each. Each zone and domain was tagged into three weathering domains of
saprolite, weathered (transition) rock or fresh rock to reflect the degree of
saprolitization of the rock. Statistical analysis for each zone, domain and
weathering domain were established for the gold distribution and bulk density
data. Wireframe models were developed based on a 0.50 g/t gold grade shell for
each zone and domain. The models were then used to constrain the 10 m by 10 m
by 5 m (vertical) blocks used in the resource estimation.
    Assays were composited into 3.0 m intervals and statistical analysis and
variography were completed for each zone and domain. Ordinary kriging was used
to interpolate the grade for gold for each block. A restricted outlier
strategy was used during grade interpolation to allow high grade composites to
influence local blocks but restrict their influence on more distal blocks.
Bulk density measurements collected during core logging were averaged by
weathering domains and the following bulk density values were applied to each
domain: 1.97 g/cm(3) for saprolite, 2.20 g/cm(3) weathered (transition) rock
and 2.70 g/cm(3) for fresh rock. Blocks were then classified into either the
Indicated Mineral Resource or Inferred Mineral Resource categories. Indicated
Mineral Resources were applied to a block if there were three drill holes
within a 60 m by 30 m by 10 m ellipse oriented along the mineralized trend.
All other blocks were classed into the Inferred Mineral Resource category as
the grade shells were not extended more than 25 m from the last drill holes.
The grades and tonnages reported in this resource estimate represent the
material contained within the mineralized portion of the classified blocks.
    Tassawini has a deep weathering profile where the gold-bearing
metasedimentary rocks have predominantly been altered to "saprolite" (a soft
clay-like rock) to a depth of up to 80 m below surface. Preliminary
metallurgical results demonstrate excellent gold recoveries of up to 95% in
the saprolite portions of Tassawini. The Mineral Resource estimate lying
within saprolite, in all zones, is tabulated below reported at 0.50 g/t gold

    Class                           Tonnes   Gold Grade (g/t)   Gold (ounces)
    Indicated                     2,452,000        1.89            148,922
    Inferred                      1,971,000        1.28             81,077

    A summary of the results for the Mineral Resource estimate are presented
below in a grade-tonnage table using 0.50, 0.75 and 1.00 g/t gold cut-off
grades to demonstrate the sensitivity of tonnage to increasing cut-off grade.

    Zone (0.50 g/t gold cut-off)    Class     Tonnes    Gold Grade     Gold
                                                          (g/t)      (ounces)
    Tassawini East                Indicated    377,000       1.52     18,471
    Tassawini West                Indicated  3,062,000       1.76    173,710
    Tassawini South               Indicated    296,000       1.70     16,135
    Total                         Indicated  3,735,000       1.73    208,316

    Tassawini East                 Inferred    583,000       1.40     26,161
    Tassawini West                 Inferred  1,583,000       1.28     65,260
    Tassawini South                Inferred     31,000       1.34      1,336
    Black Ridge                    Inferred  1,499,000       1.21     58,332
    Total                          Inferred  3,696,000       1.27    151,089

    Zone (0.75 g/t gold cut-off)    Class     Tonnes    Gold Grade     Gold
                                                          (g/t)      (ounces)
    Tassawini East                Indicated    352,000       1.58     17,926
    Tassawini West                Indicated  2,849,000       1.85    169,233
    Tassawini South               Indicated    296,000       1.70     16,140
    Total                         Indicated  3,497,000       1.81    203,299

    Tassawini East                 Inferred    533,000       1.47     25,153
    Tassawini West                 Inferred  1,317,000       1.41     59,864
    Tassawini South                Inferred     31,000       1.36      1,352
    Black Ridge                    Inferred  1,325,000       1.28     54,623
    Total                          Inferred  3,206,000       1.37    140,991

    Zone (1.00 g/t gold cut-off)    Class     Tonnes    Gold Grade     Gold
                                                          (g/t)      (ounces)
    Tassawini East                Indicated    283,000       1.76     15,983
    Tassawini West                Indicated  2,373,000       2.04    155,722
    Tassawini South               Indicated    273,000       1.76     15,458
    Total                         Indicated  2,929,000       1.99    187,164

    Tassawini East                 Inferred    354,000       1.76     20,073
    Tassawini West                 Inferred    951,000       1.62     49,454
    Tassawini South                Inferred     28,000       1.39      1,255
    Black Ridge                    Inferred    930,000       1.45     43,383
    Total                          Inferred  2,263,000       1.57    114,164

    Quality Control and Assurance of Samples
    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., 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 be analysed at either ALS Chemex in
Vancouver or to the ACME sample prep facility located in Georgetown, Guyana.
The samples prepped in the ACME's Georgetown facility are air freighted to the
ACME analytical laboratory in Santiago, Chile for analysis. Both ALS Chemex
and ACME are recognized as an ISO 9000 registered laboratories. The control
samples, blank and duplicate assay results received for the drilling program
demonstrated to StrataGold that the results are considered reliable.

    Webcast & Teleconference
    In order to provide further clarification of the Tassawini Mineral
Resource estimate and plans for continued exploration and development, please
join us at 0900 PT/1200 ET on Tuesday, April 3, 2007 to participate in a
webcast and teleconference mediated and presented by the Company's President
and CEO, Terry Tucker.
    Questions for Mr. Tucker will only be addressed via the conference call.
It is recommended that participants register for both the webcast and
teleconference portion if they wish to ask questions. Slides will be presented
via the webcast that will follow Mr. Tucker's narrative.
    To register for the webcast portion, please copy and paste the link below
into your internet web browser:
    To register for the teleconference portion, please phone the following
    Toronto/International participants:                      +1-416-644-3424
    All other Canadian provinces and US participants:         1-800-731-6941

    About StrataGold
    StrataGold is a well-funded gold exploration and development company
focused on the systematic exploration of advanced-stage gold projects
including Dublin Gulch, Yukon, Tassawini, Guyana and the BRL Venture, Guyana.
    Tables outlining the capping and resource estimation parameters and
Mineral Resource estimate summation by weathering type, a map illustrating the
extent of the block model, and the Tassawini and Anaturi PL gold targets map
can be found at

    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. Information inferred from
the interpretation of drilling results and information concerning mineral
resource estimates may also be deemed to be forward looking statements, as it
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;
the Company's statements regarding estimates of resources on properties in
which the Company has an interest; the Company's expectations regarding the
amount and adequacy of its cash reserves in future periods; and the Company's
expectations regarding the amount of expenses in future periods. 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 fulfil 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; 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.
The Company 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 L. Tucker, President and CEO; Vanessa
Pickering, Manager, Investor Communications, StrataGold Corporation, Phone:
(604) 682-5122, E-mail:, Website:

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