Stratton Resources Inc.
TSX VENTURE : SI

Stratton Resources Inc.

March 01, 2012 08:00 ET

Stratton Releases Final Drill Results From MAC 2011 Program

High Grade Results Continue With 51 Metres of 0.20% Molybdenum and 0.29% Copper

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 1, 2012) - Stratton Resources Inc. (TSX VENTURE:SI) ("Stratton" or the "Company") is pleased to announce the final assay results from its 2011 drilling program at the MAC Molybdenum-Copper Project ("MAC") located in central British Columbia, Canada.

Stratton completed its 2011 exploration campaign at the MAC project in mid-December. Previously, the Company announced high-grade drill results from the first twenty diamond drill holes (see news releases dated November 23, 2011 and January 12, 2012). The results of the final twenty-four holes have been received and significant intercepts are reported in the tables below. Please see the end of this release for a drill hole location map of the forty-four holes drilled in the 2011 program or visit the Company's website at www.strattonresources.com.

In addition to the previously reported twelve holes drilled on the east contact zone, results have been received for eleven new holes from this zone which all returned significant molybdenum-copper mineralization values including a highlighted intercept of 183 metres of 0.094% Mo and 0.179% Cu in drill hole #36, which included 51 metres of 0.202% Mo and 0.286% Cu.

Results from the final holes on the east contact confirm a high-grade core trending northwesterly towards the area of high-grade intercepts of the north-west contact. Potential for a structural and mineralized corridor through the intervening quartz monzonite stock remains untested.

East Zone Contact Drill Results
Hole ID From
(metres
) To
(metres
) Width
(metres
) Mo
(%
) Cu
(%
)
MC11-21 96 233 137 0.072 0.102
including 124 158 34 0.124 0.144
MC11-23 166 222.4 56.4 0.063 0.087
including 180 194 14 0.109 0.178
MC11-25 130 254 124 0.077 0.198
including 130 176 46 0.116 0.266
MC11-29 143.5 246 102.5 0.094 0.204
including 173 227 54 0.132 0.239
MC11-31 162 308 146 0.060 0.121
including 198 240 42 0.102 0.214
MC11-34 46 223 177 0.079 0.206
including 131 180 49 0.147 0.403
MC11-36 44 227 183 0.094 0.179
including 126 177 51 0.202 0.286
MC11-39 86 127.5 41.5 0.045 0.080
MC11-42 272.8 334 61.2 0.059 0.061
including 295 334 39 0.075 0.085
MC11-43 237 295 58 0.063 0.091
MC11-44 200 303 103 0.049 0.080
including 200 246 46 0.067 0.090

A further nine holes (in addition to the eight previously reported) have been received from the north-west contact with continued showings of significant molybdenum-copper mineralization. Hole #26 intersected 118 metres of 0.105% Mo and 0.135% Cu, which included 56 metres of 0.155% Mo and 0.20% Cu.

North-West Contact Zone Drill Results
Hole ID From
(metres
) To
(metres
) Width
(metres
) Mo
(%
) Cu
(%
)
MC11-22 93 175 82 0.054 0.047
including 93 107 14 0.107 0.078
MC11-24 86.3 107 20.7 0.072 0.030
MC11-26 94.2 212 117.8 0.105 0.135
including 117.9 174 56.1 0.155 0.200
MC11-30 104.1 266 161.9 0.069 0.097
including 184.9 228.5 43.6 0.114 0.186

"The initial drill program has shown the potential for the Camp Zone at MAC to be a significant molybdenum-copper porphyry deposit with a high-grade core that is near surface and would provide an excellent starter pit for a future mining operation. We have begun work estimating the initial NI 43-101 compliant resource on the Camp Zone and look forward to reporting the results in the coming weeks," said Greg McCunn, President and CEO. "We see potential to expand resources at the Camp Zone with further drilling as the mineralization continues at depth, to the south and to the east. When you combine the upside potential of expanding the Camp Zone with the additional exploration targets that were identified on the claims by our ground and airborne geophysical surveys, we have the opportunity to add significant shareholder value through additional exploration in 2012."

To view a drill hole location map, please visit the following link: http://media3.marketwire.com/docs/si301i.pdf.

Qualified Person

Richard Haslinger, P.Eng. is the qualified person under NI 43-101 who has reviewed the technical disclosure in this news release and is responsible for the technical information contained in this release.

At MAC, HQ diamond drill holes are positioned and oriented by GeoMinex Consultants Inc. who then also lay out and oversee sampling and insertion of quality control standards, blanks and duplicates into the core sample stream. Samples are collected from two metre sawn core intervals and transported to Acme Laboratories for near-total hot four-acid digestion and ICP-ES (inductively coupled plasma emission spectroscopy) multi-element analysis.

About Stratton Resources

Stratton Resources Inc. is a Canadian mineral exploration company focused on the discovery and development of porphyry molybdenum-copper deposits in British Columbia and Arizona.

Stratton's goal is to build a quality asset portfolio consisting of base metal properties at various stages of development. With an experienced management team, that has a proven track record of successful discovery and development of mineral deposits. Stratton is positioned to rapidly build shareholder value.

For more information please visit our website at www.strattonresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Greg McCunn, President & CEO

Disclosure Notes

The above release contains forward-looking information, which in Stratton's view is based on reasonable assumptions and estimates. There can be no assurance that forward looking statements will prove to be accurate and are subject to may factors beyond the control of Stratton including third party consents, regulatory approvals the state of capital markets and the appetite for higher risk junior resource companies. For further details about Stratton and the risks it faces see its public filings at www.sedar.com.

The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

Neither the TSX Venture Exchange nor any other regulatory authority accepts responsibility for the adequacy or accuracy of this release.

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