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Strait Gold Amends Warrants

Market Wire, October, 2008

Strait Gold Corporation (TSX VENTURE: SRD) has amended the terms of 800,000 warrants issued to a private Peruvian company. The warrants' expiry date has been extended to April 20, 2009, from October 20, 2008, and the warrants' exercise price has been increased to $0.60 from $0.50. Each warrant, when exercised, is exchangeable for one common share of the Company.

About Strait Gold Corporation:

Strait Gold Corporation is a Canadian mineral exploration company active in Peru and listed on the TSX Venture Exchange. To learn more about Strait Gold, please visit our website at www.straitgold.com .

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

Contacts: Strait Gold Corporation Jim Borland President (416) 223-9970 Email: info@straitgold.com Website: www.straitgold.com

 

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