VANCOUVER, June 6 /CNW/ - StrataGold Corporation (SGV.TSX) is pleased to provide an update on the progress of the C$4 million, Phase I exploration program on the Monosse and White Creek properties in Northwestern Guyana. Monosse and White Creek are part of the BRL Venture, a 50/50 joint venture with Newmont Overseas Exploration Limited, a subsidiary of Newmont Mining Corporation (NYSE & ASX: NEM; TSX: NMC).

Phase I exploration commenced on January 25, 2008 and has focused on expanding known gold targets and identifying additional gold targets through a methodical regional exploration plan. Phase I, budgeted at C$4 million, included regional and detailed stream sediment and soil geochemistry surveys, Induced Polarization (IP) ground geophysical surveys, detailed structural and geological mapping, prospecting, channel sampling and trenching.

Since 2006, StrataGold and Newmont have acquired the dominant land position in the Arakaka Gold District. The Arakaka Gold District, which is located within Monosse and extends north east to White Creek, represents one of the most under-explored gold districts in the entire Guiana Shield. Within this district, StrataGold and Newmont have identified multiple gold targets along a strike length of more than 20 kilometers. In the 100 year history of the Arakaka Gold District, StrataGold is the first company to implement a systematic exploration program across the entire area.

Phase I Work Completed

-   5,383 soil samples collected over 179 line kilometers
-   192 stream sediment BLEG (bulk leach extractable gold) samples
    collected over approximately 300 square kilometers
-   1,100 chip samples collected in 12 trenches
-   566 channel samples collected
-   200 rock, chip and grab samples taken
-   66 line kilometers of IP ground geophysical surveys

A majority of the data from Phase I exploration is currently being compiled and the results will be reviewed by the joint venture management committee. Prospective gold targets will be prioritized and selected for Phase II of the exploration program which is anticipated to include diamond drilling and further regional and detailed 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 in Guyana. To obtain additional information, photos, project updates and maps pertaining to this news release, please visit: www.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.