TSXV: SRD
Mineral Exploration in Peru
Strait Gold Corporation

Archive 2006

Strait Gold grants stock options

November 29, 2006

Strait Gold Corporation announces that an aggregate of 470,000 options to purchase common shares of the Corporation at $0.40 per share for five (5) years have been granted to six (6) officers and employees of the Corporation.

The Corporation also wishes to announce that a further 700,000 options to purchase common shares of the Corporation at $0.40 per share for five (5) years have been granted to seven (7) directors of the Corporation.

The grants are subject to acceptance by the TSX Venture Exchange.

Strait Gold Corporation is a Canadian mineral exploration company active in Peru. To find out more about Strait Gold Corporation, please visit our website at www.straitgold.com.

For further information:

Jim Borland, President
Tel.: 416-223-9970
info@straitgold.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.