hier anmelden...    
  Menü
Community
Anmeldung
Dein Account
Private Nachrichten
Chatroom
Forum
- Azubi Corner
- Einstellungstests
- Bewerbungen
- Prüfungen
Fortbildung:
Bankfachwirt:
Fachwirtstudium
Inhalte
Orte
Infomaterial
Kontakt
Fachwirt für Finanzberatung:
Allgemeines
Ablauf
Inhalte
Infomaterial
Kontakt
Specials



Online-Games
Downloads
Ausbildungsplatz

Artikelsuche

Infos
Feedback
Impressum
Unsere Banner
Linksammlung

StrataGold Reviews 2006 Exploration and Development Programs

Geschrieben am 22.01.2007 - [Nächster Artikel]

Vancouver, Canada (ots/PRNewswire) - StrataGold Corporation (TSX:
SGV) is pleased to provide a review of our 2006 exploration and
development programs at Tassawini and Barama JV, Guyana and Dublin
Gulch, Yukon. Since our corporate update at the end of August (see
August 30, 2006 news release), the Company has announced several new
discoveries at Dublin Gulch, Yukon and Tassawini, Guyana and
successfully completed the exercise of 100% of the warrants from our
2004 financing. With approximately C$18 million in the treasury and
over $13 million of that total allocated towards exploration and
development in 2007, StrataGold is well-positioned to continue the
aggressive advancement of our properties in North and South America.

Exploration and Development Update

----------------------------------

Tassawini - Guyana

The 2006 C$9 million exploration and development program achieved
a total of 26,282 metres (m) of diamond drilling (DD) in 187 holes
and 22,776 m of reverse circulation (RC) drilling in 637 holes. To
date, we have reported 90 DD holes and 226 RC holes with 97 DD and
411 RC results pending. Drill results reported in mid-September
announced the discovery of a new zone of gold mineralization called
Mine Creek located 100 m north of Tassawini West. The Mine Creek
discovery confirmed that Black Ridge, Mine Creek, Tassawini West and
Tassawini East are all a part of the same gold mineralized system
with the true widths of individual zones ranging from 10 m to 50 m.
Acme Labs opened a certified sample preparation facility in
Georgetown, Guyana in November 2006 which should ensure a more timely
receipt of assay data from our samples in 2007.

Tassawini is fortunate to have a deep weathering profile
identified from drill core. Tropical weathering has altered the
gold-bearing metasedimentary rocks into "saprolite" (a soft
clay-like rock) up to 80 m in thickness. Encouraging preliminary
metallurgical results (see October 18, 2006 news release) completed
on this material demonstrates excellent gold recoveries ranging up
to 95%.

The Company is advancing scoping level engineering work at
Tassawini. Following delivery of a resource estimate, which will
incorporate all the DD holes completed to the end of 2006, proposed
engineering work will include accurate topographic data, additional
metallurgical test work, and preliminary pit designs and site
layout. Socioeconomic studies and environmental baseline work is
continuing and will be required for any future environmental
assessment of the project. Pincock, Allen & Holt is leading the
engineering work, with Klohn Crippen managing the baseline and
socioeconomic work.

Barama JV ('BJV') - Guyana (StrataGold and Newmont)

Following compilation of data from a 2006 regional stream sediment
sampling program, StrataGold, with JV partner Newmont Overseas
Exploration Ltd., commenced drilling on the Monosse property in late
November 2006. Monosse is the only property within the 4,500 square
kilometer ('km') Barama Reconnaissance Permit ("BRP") that has seen
any modern exploration, besides StrataGold's wholly owned Tassawini
and Anaturi properties. Detailed stream and soil geochemical
surveys, trenching and a 3,000 m DD program were completed by
Toscana Resources Ltd and Champion Resources Ltd during the period
from 1994 to 1999. StrataGold and Newmont's initial 2,000 m DD
program at Monosse commenced with a series of due diligence holes to
twin some of Toscana's historical holes, followed by a systematic
drill program to be announced in 2007.

Champion and Toscana's historical findings as well as project
updates can be found at our website at www.stratagold.com.

Dublin Gulch - Yukon

The 2006 C$2.3 million exploration and development program at
Dublin Gulch yielded positive results including the discovery of a
new zone of mineralization called the Steiner Zone located 700 m
northwest of the Eagle Zone. Historical RC drilling at the Steiner
Zone intersected gold mineralization within a large granodiorite
stock that is associated with the same granodiorite that hosts gold
mineralization at the nearby Eagle Zone. The Steiner Zone remains
open to the north, south, west and at depth and represents a
significant new gold exploration target.

Extensive geochemical soil sampling and trenching was completed at
Dublin Gulch in 2006 to explore the potential for gold resources
north and east of the Eagle Zone. As a result of this work, the
Shamrock/Cascallen Zone was discovered approximately 3 km northeast
of the Eagle Zone and returned trench sample results with positive
gold and silver values.

Most of the work to date at Dublin Gulch has focused on the Eagle
Zone where drilling in 2005 confirmed an Indicated and Inferred gold
resource of 1,960,000 and 371,000 ounces of gold respectively (see
February 27, 2006 News Release)(x). One of the highlights of the
2006 exploration season was DG06-314C which successfully intersected
the Eagle Zone 180-200 m below the existing resource. The Eagle Zone
remains open along strike to the east and west and the results from
2006 represent an opportunity to define additional resources at
depth.

(x) Resource estimate completed by Wardrop Engineering
Incorporated.

The 2005 and 2006 Dublin Gulch exploration programs were overseen
by Qualified Person Jim Sparling P.Geo., Manager, Exploration
North and Central America for StrataGold Corporation.

Everyone at StrataGold would like to wish you the best in 2007 and
we look forward to sharing our successes at Tassawini, Dublin Gulch
and the Barama JV as exploration and development progress.

About StrataGold

StrataGold is a well-funded gold development company focused on
the systematic exploration of two advanced-stage gold projects. To
obtain additional information, photos and weekly project updates
please visit: www.stratagold.com.

This news release may contain forward-looking statements including
but not limited to comments regarding the timing and content of
upcoming work programs, geological interpretations, receipt of
property titles, potential mineral recover processes etc.
Forward-looking statements address future events and conditions and
therefore involve inherent risks and uncertainties. Actual results
may differ materially from those currently anticipated in such
statements. StrataGold relies upon litigation protection for
forward-looking statements.

ots Originaltext: StrataGold Corporation
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: Mr. Terry L. Tucker, President and CEO, Ms.
Vanessa Pickering, Manager, Investor Communications, StrataGold
Corporation, Tel: +1-604-696-6601, E-mail: info@stratagold.com,
Website: www.stratagold.com
 
  Login
Benutzername

Passwort

Kostenlos registrieren!

  Themen-Infos
· Mehr zu dem Thema Aktuelle Wirtschaftsnews

Der meistgelesene Artikel zu dem Thema Aktuelle Wirtschaftsnews:
DBV löst Berechtigungsscheine von knapp 344 Mio. EUR ein


  Artikel Bewertung
durchschnittliche Punktzahl: 0
Stimmen: 0

Bitte nehmen Sie sich einen Augenblick Zeit, diesen Artikel zu bewerten:

Exzellent
Sehr gut
gut
normal
schlecht




Nachrichten-Archiv

Wirtschaft   Juli 2007 Wi, August 2007 Wi, September 2007 Wi, Oktober 2007 Wi, November 2007 Wi, Dezember 2007 Wi, Januar 2008 Wi, Februar 2008 Wi, März 2008 Wi, April 2008 Wi, Mai 2008 Wi, Juni 2008 Wi, Juli 2008 Wi, August 2008 Wi, September 2008 Wi, Oktober 2008 Wi
Finanzen Juni 2007 Fi, Juli 2007 Fi, August 2007 Fi, September 2007 Fi, Oktober 2007 Fi, November 2007 Fi, Dezember 2007 Fi, Januar 2008 Fi, Februar 2008 Fi, März 2008 Fi, April 2008 Fi, Mai 2008 Fi, Juni 2008 Fi, Juli 2008 Fi, August 2008 Fi, September 2008 Fi Oktober 2008 Fi
Sonstiges April 2006 So, Mai 2006 So, Juni 2006 So, Juli 2006 So, August 2006 So, September 2006 So, Oktober 2006 So, November 2006 So, Dezember 2006 So, Januar 2007 So, Februar 2007 So, März 2007 So, April 2007 So, Mai 2007 So, Juni 2007 So,
Fortsetzung August 2007 So, September 2007 So, Oktober 2007 So, November 2007 So, Dezember 2007 So, Januar 2008 So, Februar 2008 So, März 2008 So, April 2008 So, Mai 2008 So, Juni 2008 So, Juli 2008 So, August 2008 So, September 2008 So, Oktober 2008 So
Sport Februar 2008 Sp, März 2008 Sp, April 2008 Sp, Mai 2008 Sp, Juni 2008 Sp, Juli 2008 Sp, August 2008 Sp, September 2008 Sp, Oktober 2008 Sp


Web site engine's code is Copyright © 2003 by PHP-Nuke. All Rights Reserved. PHP-Nuke is Free Software released under the GNU/GPL license. - Erstellung der Seite: 6.162 Sekunden