Strait Gold Corporation
TSX VENTURE : SRD
TSX VENTURE : SRD.WT

Strait Gold Corporation

January 22, 2007 08:45 ET

Strait Gold's Surface Work Confirms Mineralization at Culebrilla

TORONTO, ONTARIO--(CCNMatthews - Jan. 22, 2007) - Strait Gold Corporation (TSX VENTURE:SRD)(TSX VENTURE:SRD.WT) -

Strait Gold Corporation is pleased to announce further results from surface sampling on its Culebrilla gold-silver property in central Peru.

The 2006 program consisted of detailed bedrock mapping, soil sampling and a ground magnetic survey over a 2.5 km by 1.5 km grid covering the Culebrilla and Alalaj areas. A total of 833 soil samples and 74 rock samples were collected during the program, the aim of which was to identify targets for a 15- to 20-hole diamond drill campaign to begin in the second quarter of 2007.

"These are the final results from our 2006 surface sampling program and confirm the widespread mineralization at Culebrilla," says Strait Gold President Jim Borland. "These data, combined with previous sampling and the magnetic survey we completed last fall, will determine where we spot our drill holes when work resumes this spring following the rainy season."

Vector Engineering of Lima, Peru, has initiated environmental, social, and archeological studies at Culebrilla which are required prior to filing a Class B application for drilling.

The most recent results from the 2006 soil survey not only confirm widespread gold mineralization in the Culebrilla-Alalaj region but also identified several areas anomalous in precious metals and base metals outside of the Culebrilla-Alalaj region which warrant further examination as indicated in the table below. The five most significant soil anomalies encountered in the program are described below.



SELECTED SOIL SAMPLING ANOMALIES

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Anomaly Element Area Description
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A gold Culebrilla 360 m long x 360 m wide, encompassing part
of the Culebrilla area, and the area
between Culebrilla and Alalaj where there
is little exposure and no known historic
workings.
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B gold West Caballo 50 m long x 100 m wide, occurring on the
west slope of Q.Culebrilla where there is
little exposure and two historic workings
immediately north of the anomalous area.
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C silver+/ Q.Ancush & 100 m long x 200 m wide, occurring near
-zinc, Q.Culebrilla the confluence of Q.Ancush and
copper, Q.Culebrilla rivers where two historic
lead workings have returned assays of greater
than 30 g/t silver and elevated base metal
values.
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D zinc, lead SE corner of 350 m long x at least 50 m wide, occurring
grid area along the southeast border of the grid
area where little to no outcrop exists.
Historic workings in the Las Pampas area,
400 m to the east-southeast, have returned
assays up to 2.3% lead and 1.3% zinc.
---------------------------------------------------------------------------
E gold+/- Q.Culebrilla 100 m long x 100 m wide, occurring on the
silver east slope of Q. Culebrilla between the
Culebrilla and Alalaj trends. Previous
sampling in the area returned assays up
to 1.9 g/t gold, 11 g/t silver and
elevated base metal values.
---------------------------------------------------------------------------


Maps showing locations of the anomalous soil areas, ground magnetic survey results, detailed mapping and rock sampling outlined in this program are available and can be viewed at:

http://www.straitgold.com/properties/culebrilla/maps

A follow-up program to expose and sample bedrock in areas with anomalous soil assays is planned for 2007 prior to drilling. As well, soil sampling along the northwest border and southeast border of the grid will be extended to better define silver-zinc and zinc-lead soil anomalies in these respective areas.

Results from the magnetic survey conducted by Fugro Ground Geophysics indicate the bulk of the magnetic anomalies in the grid area occur within a sequence of rocks located below a key stratigraphic felsic pyroclastic unit known as Rocky Ridge. The majority of historic workings, higher grade assays, and soil anomalies from the grid area also lie stratigraphically below the Rocky Ridge. Within this lower sequence are three strongly magnetic features, two of which correspond with granodiorite exposures. The third magnetic anomaly occurs in an area of cover but is believed to reflect a buried granodiorite dyke with similar orientation to mineralized vein structures mapped on surface in the Culebrilla-Alalaj area.

Selected results from the 2006 rock sampling program are listed below and include a 60.9 gram per tonne (g/t) silver assay from the waste pile of a small working roughly 800 metres along strike of the Alalaj trend but located at a similar elevation to a previous high grade silver sample (1,220 g/t) taken immediately above the Rocky Ridge in the Alalaj area in 2005. Results include up to 1.1 g/t gold and 28.6 g/t silver from vertical chip samples across a semi-conformable zone of silica-tourmaline alteration (estimated 2-6 metres true thickness) that extends for 140 metres immediately south of the historic Alalaj workings.



SELECTED ROCK SAMPLING RESULTS

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Au Ag Cu Pb Zn
Sample Location (g/t) (g/t) (%) (%) (%) Description
------------------------------------------------------------------
C207819 C010 1.1 4.6 nsv nsv 0.0 composite grab
from waste pile
------------------------------------------------------------------
2.7m vertical
C208048 Alalaj Area 1.1 5.4 nsv 0.1 0.0 chip sample
------------------------------------------------------------------
C208047 Alalaj Area 1.0 28.6 0.1 nsv 0.0 4.1m vertical
chip sample
------------------------------------------------------------------
East Alalaj composite grab
C207847 Trend nsv 60.9 0.6 nsv 0.0 from waste pile
------------------------------------------------------------------
C207825 Q.Culebrilla 4.8 280.0 0.2 1.1 0.0 grab
------------------------------------------------------------------
C207845 Las Pampas 0.5 11.4 nsv 1.3 0.2 composite grab
------------------------------------------------------------------
C207840 Las Pampas 0.1 2.1 0.2 1.6 0.6 2m composite
chip
------------------------------------------------------------------
C207838 Las Pampas nsv 12.4 0.3 2.3 1.3 composite grab
from waste pile
------------------------------------------------------------------
nsv - no significant values


Ryan Weston, P.Geo., is the Qualified Person for the purpose of this news release and supervised the Company's 2006 exploration program. Strait Gold carried out a program of quality assurance/quality control (QA/QC) that included insertion of blanks, standards and duplicates into the sample stream to verify results prior to dissemination. Sample preparation and analysis were carried out at ALS Chemex facilities in Lima, Peru, an ISO 9001:2000 registered laboratory. Soil and rock samples were analyzed for gold by fire assay followed by atomic absorption spectroscopic (AAS) finish and by gravimetric finish for samples exceeding the upper limit of analysis (over limit). Silver, copper, lead and zinc, together with 30 other elements, were assayed by inductively coupled plasma-atomic emission spectrometry (ICP-AES) following aqua regia dissolution. Over-limit silver (greater than 100 ppm), zinc (greater than 10,000 ppm), and lead (greater than 10,000 ppm) samples were re-assayed by AAS.

About Strait Gold Corporation

Strait Gold Corporation is a Canadian mineral exploration company active in Peru. Its Culebrilla Project is located in Ancash Department, the same Peruvian jurisdiction that hosts the Pierina gold mine (Barrick Corporation), the Antamina base metals mine (BHP Billiton, TeckCominco and Xstrata Minerals) and numerous other, smaller mining operations. Surface sampling at Culebrilla over an area measuring roughly 3.5x4.0 km has found widespread gold and silver mineralization, plus copper, zinc and lead, with values up to 14.4 g/t gold, 1,365 g/t silver and 2.01% copper. Based on these sampling results and previous artisinal mining on the property the Company plans to conduct the first-ever diamond drilling at Culebrilla in 2007.

To find out more about Strait Gold, please visit our website at www.straitgold.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for this news release.

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