Stratton resources commences drilling at its MAC molybdenum-copper project in British Columbia, Canada

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 19, 2011) – Stratton Resources Inc. (TSX VENTURE:SI) (“Stratton” or the “Company”) is pleased to announce it has commenced drilling at the MAC Molybdenum-Copper Project (“MAC”) located in central British Columbia, Canada. MAC is an under-explored molybdenum-copper project with historic molybdenum resources (non-43-101 compliant) that have significant upside potential. Initial work will be carried out with the goal of confirming, expanding and quantifying the molybdenum resource. It will also target the previously unreported copper component and bring the resource into compliance with NI 43-101 standards by drilling 10,000 meters of diamond drill holes in the Camp Zone. Two diamond drills are being mobilized to site.

Exploration programs, including three diamond drilling campaigns since the discovery of the MAC Project in 1982, have located molybdenum and copper mineralization in three areas; the Camp, Pond and Peak Zones over an area approximately 3,000 meters long by 1,200 meters wide. This previous drilling has focused on the Camp Zone, an area 700 meters by 500 meters, where molybdenite mineralization extends outward for some 50 to 90 meters in a zone of biotite-bearing hornfelsed rocks along the east, north and west contacts of a quartz monzonite stock. The zone appears to form two lenses of higher-grade mineralization at the east and west contact linked by a lower grade core zone of molybdenum-copper mineralization within the quartz monzonite body. Molybdenum grades from historical drilling in the Camp Zone stock range from 0.011% molybdenum over 31.4 meters in hole 89-6 to a high of 0.062% molybdenum and 0.049% copper over 120.4 meters in hole 89-1. Grades within the hornfelsed and mineralized volcanics range from 0.024% molybdenum and 0.04% copper over 94.4 meters in hole 89-5 to 0.122% molybdenum and 0.214% copper over 165.8 meters including 0.185% molybdenum and 0.256% copper over 96.0 meters in 96-27. The Camp Zone has been drilled to an average depth of about 150 meters and all available data indicates that mineralization remains open at depth. Please see the Stratton Resources website (www.strattonresources.com) for MAC Project maps.

In early August, the entire land package (approximately 13,000 hectares) was covered with an airborne mag and EM (ZTEM) survey with 100 meter spacing on the southern claim block and 200 meter spacing on the northern claim block. Following the Camp Zone drilling program, exploration drilling will continue to test known anomalies and drill targets identified by the ground and airborne geophysical surveys. In addition, further ground IP survey work will be conducted. A winterized camp has been established that will support year-round exploration on the project.

Stratton’s President and CEO, Greg McCunn, said, “The MAC Project is an opportunity for Stratton to delineate a major molybdenum-copper deposit in a mining area that is known for its large porphyry deposits. With drilling underway at MAC and drilling about to commence at Bear Canyon in Arizona, we are looking very forward to exciting developments from both our projects in the coming months. At the same time we are preparing a first phase program for our 100% owned Lunar Project in northern British Columbia.”

On behalf of the Board of Directors,

Greg McCunn, President & CEO

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 assumed responsibility for it.

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.

The Company’s flagship project is the advanced stage MAC Molybdenum-Copper Project (“MAC”) located approximately 80 kilometers northwest of Fort St. James in central British Columbia. Historical exploration work completed on the MAC project has identified significant zones of porphyry molybdenum and copper mineralization. The Company is also advancing exploration drilling on its Bear Canyon copper project in south-eastern Arizona and holds a 100% interest in the Mt. Hayes copper-gold porphyry project located on the south coast of British Columbia. The Company has also signed a final Purchase and Sale Agreement on the Lunar Copper Porphyry Project located 90 kilometers north of the Kemess mine (Northgate Minerals) in northern British Columbia.

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.

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.


18 Comments