StrataGold Commences 2008 Exploration Program at White Creek, Guyana

    VANCOUVER, March 17 /CNW/ - StrataGold Corporation (SGV.TSX) is pleased
to announce the commencement of the Phase I exploration program on the White
Creek property, located 18 kilometres (km) northwest of StrataGold's Tassawini
property and 15 km northeast of the Monosse property in Guyana, South America.
The White Creek property is subject to a 50:50 joint venture (the "BRL
Venture") with Newmont Overseas Exploration Limited, a subsidiary of Newmont
Mining Corporation (NYSE & ASX: NEM, TSX:NMC).

    White Creek History

    The White Creek property was originally explored by the BHP World
Discovery Group in 1998. Regional stream sediment sampling identified a number
of drainage basins radiating from the White Creek property that returned
anomalous gold. BHP then conducted a widely spaced (1.4 km x 400 metre) soil
geochemistry survey and identified a large gold in soil anomaly. However, BHP
never conducted any further work on this property. This gold anomaly is
considered to be the eastern extension of the Arakaka trend, a
northeast-trending mineralized and structural corridor within the Barima-Waini
District of Northwestern Guyana. StrataGold and Newmont hold the dominant land
position in the Arakaka region.
    In 2007, StrataGold and Newmont re-sampled the drainage basins as well as
one of the historical BHP soil lines on the White Creek property and confirmed
the presence of significant gold values in both stream sediments and soil
anomalies over (greater than) 6.0 km in length. In late January 2008, road
access was improved and a 30 man base camp was established on the property.

    2008 Exploration Program

    A CDN $150,000 Phase I exploration program has commenced and will focus
on delineating the bedrock source from the historical soil geochemistry. Phase
I exploration will include 50 km of line cutting and the collection of
approximately 950 soil samples on established grids. This work will be
completed in conjunction with detailed mapping, trenching and channel
sampling. Prospective gold targets will be prioritized and selected for Phase
2 of the exploration program which is anticipated to include ground
geophysics, diamond drilling and further regional exploration.

    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.

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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