Stratton Resources Provides Exploration Update on Summer

Stratton Resources Provides Exploration Update on Summer Field
Programs 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/29/12 -- Stratton
Resources Inc. (TSX VENTURE:SI) ("Stratton" or the "Company") is
pleased to provide an exploration update on summer field programs
conducted at its MAC, Lunar and Natlan projects, located in British
Columbia, Canada. 
MAC 
The MAC Project is an advanced-stage molybdenum-copper project with
newly recognized nickel-iron-chromium potential (see news release
dated October 5, 2012) located approximately 80 kilometres northwest
of the town of Fort St. James, in Central British Columbia. During
the summer months, 733 soil samples were completed at 25 metre
spacing on 200 metre spaced lines targeting the southern intrusion
and the Peak Zone that lie immediately south of the Camp Zone
deposit. Sample results ranged from background to 432 ppm molybdenum
("Mo") and 1350 ppm copper ("Cu"). Anomalous molybdenum and copper
samples in conjunction with geophysics have identified a 600 metre by
200 metre Peak Zone target. Eight diamond drill holes totaling
approximately 2,500 metres have been proposed for early summer
testing of this target area. 
Lunar 
The Lunar Project is an early-stage copper-gold exploration project
located 95 kilometres northwest of the Kemess mine and 50 kilometres
southeast of the Kutco development project, in Northern British
Columbia. Reconnaissance geological mapping, prospecting and sampling
were completed by crews in July. A total of 66 silt samples were
collected, the results of which have been used to identify an
anomalous copper and gold area in the southeast corner of claim
block. An additional 3,497 hectares have subsequently been staked,
adjoining and expanding the Lunar claim block in the trend direction
to the southeast. A total of 67 rock grab samples were also taken.
Sample results ranged from trace amounts of copper and gold to 10.6 %
Cu and 5.37 g/t gold ("Au"). 
Significant results include: 


 
---------------------------------------------------------------------------
SAMPLE ID                          Cu (%)                           Au (g/t)
---------------------------------------------------------------------------
129674                            10.600                              5.3
70
129675                             3.100                              1.440
129668                             1.640                              1.020
129665                             1.200                              0.522
129666                             0.765                              0.231
129184                             0.699                              1.050
129179                             0.541                              1.600
129182                             0.463                              0.910
129181                             0.442                              0.054
129183                             0.375                              0.704
---------------------------------------------------------------------------

 
Based on the success of fieldwork completed to date, airborne
geophysical surveying followed by additional geological and
geochemical programs are planned for Lunar in 2013. 
Natlan 
The Natlan Project is an early-stage copper-gold exploration project
located 65 kilometres north of Smithers, in Central British Columbia.
The Natlan claim covers a high-level porphyry system of significant
scale measuring 1,800 metres by 500 metres and remains open in all
directions. Soil and rock sampling by Teck Resources Limited in 1997
and Paget Resources in 2008 yielded evidence of potential porphyry
deposit scale gold, silver ("Ag"), copper, lead ("Pb"), zinc ("Zn")
and molybdenum mineralization. 
A gossanous area, outlined in yellow in the map below, covers a
strike length of approximately 2.5 kilometres. This season, a total
of 14 rock grab and chip samples were taken from the gossan area and
results range from background to 3.16 g/t Au, 210 g/t Ag, 8060 ppm
Cu, 3320 ppm Zn, and 2690 ppm Pb. 
Significant results include: 


 
---------------------------------------------------------------------------
Sample ID       Au (g/t)     Ag (g/t)     Cu (ppm)     Zn (ppm)     Pb (ppm)
---------------------------------------------------------------------------
1043606            3.16          210         8060         3320         2690
1043608            1.21          134         1590         1790         1670
1043613            0.74          177         1270          344          925
---------------------------------------------------------------------------

 
Additionally, a total of 89 soil and humus samples were taken across
the gossan and across an area west of the gossan. C-Horizon soils
averaged 500 ppm Cu over 950 metres in the gossanous area while 2,000
metres to the west, humus samples identified anomalous Au values up
to 397 ppb over an 800 metre strike length. 
To view the image accompanying this press release, please click on
the following link: http://media3.marketwire.com/docs/si1129i.pdf 
About MAC 
The MAC Project is an advanced-stage molybdenum-copper exploration
project with newly recognized nickel-iron-chromium potential located
approximately 80 kilometres northwest of the town of Fort St. James,
BC. MAC is situated in a prolific porphyry region 40 kilometres west
of two former producing copper mines, Bell and Granisle, 90
kilometres north of the Endako molybdenum mine, and 120 kilometres
southwest of the Mt. Milligan gold-copper project. On April 24, 2012,
Stratton released an initial NI 43-101 resource estimate for the Camp
Zone, containing 70.4 million tonnes of Indicated Resource grading
0.063% molybdenum ("Mo") and 0.10% copper ("Cu"), including a near
surface higher grade Indicated Resource of 15.3 million tonnes
grading 0.104% Mo and 0.16% Cu. The estimate also contained an
Inferred Resource of 177.9 million tonnes grading 0.042% Mo and 0.05%
Cu. Further drill testing is required to determine the extent of
additional resources at depth and along strike, as well as to upgrade
portions of the Inferred Resource. The resources were calculated
using a cut-off grade of 0.035% Mo and full details of the resource
estimate are available on the Company's website. Please refer to
Company news release dated April 24, 2012. 
Qualified Person 
Richard Haslinger, P.Eng., is the qualified person with respect to NI
43-101 who has reviewed the technical disclosure in this news release
and is responsible for the technical information contained in this
release other than the estimation of Mineral Resources. Soil, silt
and rock samples for multi-element analyses were collected by
contract field crews and shipped to AGAT Laboratories sample
preparation facility in Terrace and Vancouver, British Columbia.
Prepared sample pulps were forwarded to AGAT Laboratories' analytical
facilities in Mississauga, Ontario for multi-element ICP analysis of
multi-acid and aqua-regia digestions. 
On behalf of the Board of Directors, 
Greg McCunn, President & CEO 
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. 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
with a proven track record of successful discovery and development of
mineral deposits, Stratton is positioned to rapidly build sharehold
er
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. 
This news release does not constitute an offer to sell or a
solicitation of an offer to buy nor shall there be any sale of any of
the equities mentioned in this release in any jurisdiction in which
such an offer, solicitation or sale would be unlawful. The equities
mentioned in this release 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 TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 
Contacts:
Stratton Resources Inc.
Greg McCunn
President & CEO
778-729-0500 or Toll Free: 1-800-863-8655
604-683-8194 (FAX)
info@strattonresources.com
www.strattonresources.com
 
 
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