VANCOUVER, 03/22/13 - Stratton Resources Inc. (TSX VENTURE: SI) ("Stratton" or the "Company") announces that it has relinquished its option to the MAC property, located in central British Columbia, Canada. There was no significant work conducted on the project in the previous year and it was no longer considered material to the Company although the Company will write-off approximately $15 million in acquisition and exploration expenses related to the MAC project.
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 base metal deposits in North America. 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 which 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
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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VANCOUVER, 03/22/13 - Stratton Resources Inc. (TSX VENTURE: SI) ("Stratton" or the "Company") announces that it has relinquished its option to the MAC property, located in central British Columbia, Canada. There was no significant work conducted on the project in the previous year and it was no longer considered material to the Company although the Company will write-off approximately $15 million in acquisition and exploration expenses related to the MAC project.
