StrataGold commences gold exploration program at Monosse, Guyana

    VANCOUVER, Feb. 19 /CNW/ - StrataGold Corporation (SGV.TSX) is pleased to
announce the commencement of the Phase I exploration program on the Monosse
property, located 45 kilometres (km) due west of StrataGold's 100% owned
Tassawini property in Guyana, South America. 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).
    Encouraging regional exploration and diamond drill results from the 2007
exploration program at Monosse were released in the January 14, 2008 news
release ( The Phase I exploration program, budgeted at
C$4 million (C$2 million StrataGold, C$2 million Newmont), commenced on
January 25, 2008 and will focus on expanding known gold targets through a
methodical regional exploration plan. Phase I exploration will include 120 km
of line cutting and the collection of 2,650 soil samples on established grids
located along the Arakaka trend. The Arakaka trend is 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. This work will be completed in conjunction with detailed
mapping, trenching and channel sampling.
    In addition to the extensive regional work, Phase I exploration will
target the Gomes Hill area and include 125 km of line cutting along with the
collection of 2,700 soil samples. This work will be completed in conjunction
with detailed mapping, trenching and channel sampling. Gold mineralization at
the Gomes Hill target is structurally controlled and associated with a
regional thrust fault named the Eveready structure.
    Upon completion of the Gomes Hill survey, StrataGold and Newmont will
have 140 sq km of continuous geochemical coverage over the entire Gomes Hill
and Arakaka regions. An induced polarization (IP) geophysical survey will be
conducted over selected high priority gold targets identified along the
Arakaka gold trend.
    Following the Phase I exploration program, the results will be reviewed
by the joint venture management committee. Prospective gold targets will be
prioritized and selected for Phase 2 of the exploration program which is
anticipated to include 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 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:; Website:

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