It has been a busy year for the team at StrataGold and we are pleased to announce our projects remain on time and on budget. This year, StrataGold continues to deliver value to shareholders through a combination of discovery success and asset growth. The opportunity is great.   

In the environment in which we operate, world credit markets have tightened. Gold is increasingly sought as both a currency hedge and a store of value. Forecasts remain optimistic for gold prices. In this regard, we expect increases in our gold resources from a combination of new discoveries on the BRL Venture and expanding our existing gold deposit at Dublin Gulch. We also expect to realize value for our other important assets including the Tassawini and the Mar-Tungsten Deposits. 

Our Global Assets 
Over the past few years, through the BRL Venture, StrataGold and our joint venture partner Newmont Overseas Exploration Limited, a subsidiary of Newmont Mining Corporation (NYSE & ASX: NEM; TSX: NMC) have acquired the dominant land position in Northwest Guyana within the Arakaka Gold District. This is an exciting project which has potential to add to our gold resources. The district has been popular with local placer miners for the past 100 years, but until recently, were not explored systematically using modern techniques. StrataGold and Newmont were the first to implement an exploration program which included regional and detailed stream sediment and soil geochemistry surveys, induced polarization ground geophysical surveys, detailed structural mapping, prospecting and trenching. These regional exploration efforts have covered an area of over 4,000 square kilometres resulting in two key projects areas: Monosse and White Creek.   

In 2008, StrataGold and Newmont committed to a two phase program for property acquisition and exploration. Phase 1 of the exploration program has now been successfully completed. Over twenty-five priority gold exploration targets were identified on the >32,000-hectare Monosse property, all of which are characterized by coincident geophysical, geological and geochemical anomalies. Three areas, Arakaka Trend, Aviao and Gomes, have been chosen as top priority drill targets for the Phase 2 program. The Phase 2 program is slated to begin in the third quarter of 2008. We plan to continue to build on the success of the Phase 1 program by drilling the priority targets with the objective of discovering new gold deposits in this emerging gold district.   

At Tassawini we recently released a National Instrument (NI) 43-101 Mineral Resource completed by SRK Consulting (Canada) Inc. As recommended by SRK, StrataGold intends to complete a desktop scoping study with an independent engineering firm to determine if support for a Preliminary Economic Assessment is warranted. This work is slated to begin in the third quarter of 2008.   

In 2004, StrataGold acquired the Dublin Gulch district-scale land package, which included the Eagle Zone and Mar-Tungsten Deposits, for approximately US$3 per compliant gold resource ounce (US$6 million and five million StrataGold shares). Since acquisition, StrataGold has added to the Mineral Resource at the Eagle Zone Deposit and released a NI 43-101 Mineral Resource on the Mar-Tungsten Deposit.    

A C$5 million exploration program began in early May 2008 aimed at increasing the resource of both the Eagle Zone and Mar-Tungsten Deposits. The previously scheduled updated Eagle Zone Mineral Resource has been deferred to incorporate results from the 2008 drill program and should be completed in Q1, 2009. On the social/community relations front, StrataGold has completed an Exploration Cooperation Agreement with the First Nation of NaCho Nyak Dun to support development of Dublin Gulch and exploration of the Clear Creek and Aurex properties. This agreement is the first of its kind negotiated between an exploration company and NaCho Nyak Dun and represents a significant move forward in a mutually beneficial community relationship.

This year we added the Mar-Tungsten Deposit to our compliant Mineral Resources. StrataGold is evaluating opportunities to realize shareholder value for the Mar-Tungsten Deposit and as recommended by SRK Consulting (US) Inc., has drilled the open up dip edge of the deposit and is conducting metallurgical test work at SGS Laboratories. Additionally, SRK has been engaged to complete a Preliminary Economic Assessment and update the Mineral Resource. This work is scheduled for completion in December 2008. Please visit www.stratagold.com for additional information on tungsten.   

NI 43-101 Compliant Mineral Resource Summary - 100% StrataGold   

Eagle Zone Deposit*, Dublin Gulch, Yukon Territory

Tassawini and Sonne Deposits**, Guyana 
 

Mar-Tungsten Deposit***, Dublin Gulch, Yukon Territory

Looking Ahead  
StrataGold is conscious of the difficult current market conditions. We plan to meet our ongoing joint venture obligations and continue to focus our efforts on projects with the best potential to create shareholder value. We have a strong management team, a solid resource base and prospective new discovery targets in geopolitically stable parts of the world. Building on the strong foundation we have established over the past five years, we are optimistic that we will continue to deliver encouraging results from our exploration and development programs.

Thank you for your continued support.

Sincerely,   

STRATAGOLD CORPORATION   

Terry Tucker
President & CEO 

For further information, please contact:                                                                                         Terry Tucker, President & CEO
Vanessa Pickering, Manager, Investor Communications
Tel:604-696-6601
Website: www.stratagold.com
Email: info@stratagold.com   

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 such information 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; and the Company's statements regarding estimates of resources 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; 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; risks associated with title to mineral properties; and other risks and uncertainties discussed under the heading "Risk Factors"  in Section 5.2 of the Company's Annual Information Form filed on SEDAR 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.