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TORONTO, ONTARIO--(Marketwire - May 26, 2010) - Strait Gold Corporation (TSX VENTURE:SRD) is pleased to report that it is expanding geophysical surveys at its Alicia copper- gold project in Peru to determine the extent of an iron-copper skarn zone (Zone 4) where historical trenching returned 20.2 metres along strike grading 1.7% copper and 0.94 grams per tonne (g/t) gold.

The geophysical program was expanded based on observations in the field during a program of mapping and sampling that is currently under way. Potential for further iron-copper skarn mineralization has been identified to the east of Zone 4, including isolated outcrops of iron-copper skarn. Since much of this area lies below cover, a ground magnetic survey will be conducted over the potential target and an induced polarization survey will be extended to the east of Zone 4 prior to selecting drill targets.

"Zone 4 returned the best gold values on the property as well as good copper values, and if it extends to the east, it could increase the tonnage potential at Alicia significantly," said Strait Gold President Jim Borland. "Geophysical surveys, along with the mapping and sampling programs we have been conducting to date, will allow us to pinpoint drill collars on the most prospective of several targets we have now identified on the property."

More than three-quarters of samples at Alicia from a recent program conducted by the Company returned values greater than 1% copper (see news release of March 23, 2010). One set of samples from a new zone (the Extension Zone) returned 5.65% copper, 0.95 g/t gold, and 45.25 g/t silver over 6.0 metres and resampling of one trench (Zone 5) returned 2.35% copper, 0.38 g/t gold and 15.14 g/t silver and 0.015% molybdenum over 16.5 metres.

The Alicia project is located within the Andahuaylas-Yauri Belt, which stretches across much of southern Peru. This highly prospective belt hosts numerous porphyry and skarn deposits, including Xstrata's Las Bambas deposit (1.1 billion tonnes grading 0.77% copper), Antapacay deposit (720 million tonnes grading 0.56% copper) and Tintaya Mine (78 million tonnes of reserves grading approximately 1.1% copper and 0.16 g/t gold).

The Company is conducting a two-phase exploration program at Alicia. Phase 1 consists of community engagement, surface mapping, sampling and geophysical surveys to identify drill targets. Phase 2 will consist of drilling to test for mineralization at depth. Baseline environmental studies and preparation of an inventory of old mine workings on the property are also being conducted as required for issuance of a drilling permit.

The geophysical surveys are being conducted by Fugro Ground Geophysics Pty. Ltd.

Dr. Roger Moss, P.Geo., is the Qualified Person as defined by NI 43-101 for the purpose of this press release and has reviewed its technical content.

About Strait Gold Corporation:

Strait Gold Corporation, a Canadian mineral exploration company active solely in Peru, is listed on the TSX Venture Exchange. It has an option to earn a 100% interest in the Alicia copper-gold property in Cusco Department approximately 500 km southeast of Lima, the capital of Peru, and holds a 100% interest in both the Letra Rumi South copper-silver property and the Culebrilla gold-silver property, both in Ancash Department approximately 250 km north of Lima. To learn more about Strait Gold, please visit our website at [ www.straitgold.com ].

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.