Strait Gold’s Updates on Alicia Project

Strait Gold Corporation (TSXV:SRD) reports assay results from the first two holes of an initial drill program at its Alicia Project in southern Peru.

The press release is quoted as saying:

The Company is conducting a 1,200-metre drill campaign as the second phase of an exploration program that began in June, 2010. Results from Phase 1 indicated geophysical anomalies associated with surface skarn zones. Surface sampling of more than nine skarn zones at Alicia indicated elevated copper, gold and silver values with a range of 0.03-13.05% copper, 0.005-3.55 g/t gold and 0.3-100.0 g/t silver (see news releases of July 7, 2010 ,and September 22, 2010). The current drill program is testing several of these skarn zones and associated geophysical anomalies.

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