StrataGold commences 2008 exploration program at Tassawini, Guyana

    VANCOUVER, Feb. 26 /CNW/ - StrataGold Corporation (SGV.TSX) is pleased to
announce that the Phase I exploration program commenced on February 1, 2008 on
its 100% indirectly owned Tassawini property, South America. The Tassawini
property consists of two contiguous and adjoining Prospecting Licenses (the
"Tassawini PL" and the "Anaturi PL"). Phase I exploration will include a
detailed mapping and trenching program conducted over high priority gold
targets that are characterized by favorable geology with coincident induced
polarization (IP) geophysics and gold soil geochemistry anomalies.

    Clutch, Matahari and Impasse
    A minimum of 2,400 metres (m) of trenching is planned for the Clutch,
Matahari, and Impasse targets which are located close to the Tassawini
Deposit. In 2007 a National Instrument (NI) 43-101 Mineral Resource estimate
was calculated for the Tassawini Deposit and confirmed an indicated resource
of 208,316 ounces of gold averaging 1.73 g/t gold and an inferred resource of
151,089 ounces of gold averaging 1.27 g/t gold using a 0.50 g/t cut-off (see
news release dated April 2, 2007)(*).

    Anaturi Hills and Stamp Mill
    A soil geochemistry program is planned for the Anaturi Hills region, an
unexplored area with a similar geological setting as the Tassawini Deposit. A
minimum of 500 m of trenching is planned for the Stamp Mill target; both of
these targets are located 10 kilometers (km) northeast of the Tassawini
    An additional 10-20 line km of induced polarization (IP) ground
geophysical surveys will be conducted on the Tassawini property during Phase I
exploration. An estimated 2,000 m of reverse circulation (RC) drilling is also
scheduled for delineation of targets at both Tassawini and Anaturi.
    The Phase II exploration program, subject to Phase I results, will focus
on favorable targets identified in Phase I and will be advanced as
appropriate. The exploration effort will be multi-faceted, incorporating
regolith interpretation, geochemical sampling, trenching, geological and
structural mapping, diamond drilling and RC drilling.

    (*)Susan Lomas, P.Geo. of Lions Gate Geological Consulting Inc. of North
    Vancouver, British Columbia, Canada was the Qualified Person under
    NI 43-101 responsible for the original Tassawini Mineral Resource
    estimate which was contained in the "Technical Report on the Tassawini
    Gold Property" dated March 15, 2007. The estimate was subsequently
    confirmed by William Keats, P.Geo., of StrataGold Guyana Inc. in the
    "Technical Report, Tassawini - Anaturi, Project" dated November 27, 2007.
    Both documents are filed on SEDAR (

    Bill Yeomans, P.Geo., General Manager Exploration, South America of
StrataGold Corporation, is the Qualified Person under NI-43-101 responsible
for the technical information in this press release other than the Tassawini
Mineral Resource Estimate.

    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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