Sierra Gold Corporation Announces Forecast Dredging Plans for Upcoming 2010 - 2011 Mining Season
September 09 2010 - 2:30PM
Sierra Gold Corp. (Pink Sheets:SGCP) is pleased to
announce that it is now ready to commence dredging activities with
all 4 dredges as soon as river levels permit. All equipment has
been pre-located at initial selected sites and all
licensing/permitting has been completed. Site prospecting is
underway and will continue and be expanded as water levels recede
to a point where all full scale dredging activity can
commence.
Sierra Gold is currently in the process of updating and adding
current pictures to its website. This should be completed by the
end of the weekend. To view the pictures, please visit
www.sierragoldcorp.com
Doug Evans, CEO of Sierra Gold Corp. commented, "Having just
returned from Sierra Leone, I am extremely optimistic about the
upcoming season. Two of the company's dredges are currently
prospecting the overburden sand at selected sites, and the gold and
diamond showings are highly encouraging considering debilitating
river conditions. When full operations commence (all 4
dredges), it is expected that the equipment will process 125 tons
per hour on a conservative basis for the 180-200 days season,
giving Sierra Gold a strong financial year."
Safe Harbor: This news release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 (The "Act''). In particular, when used in the
preceding of discussion, the words "pleased'', "plan'', "confident
that,'' "believe,'' "expect,'' or "intent to'' and similar
conditional expressions are intended to identity forward-looking
statements within the meaning of the Act and are subject to the
safe harbor created by the Act. Such statements are subject to
certain risks and uncertainties and actual results could differ
materially from those expressed in any of the forward-looking
statements. Such risks and uncertainties include, but are not
limited to, market conditions, general acceptance of the company's
products and technologies, competitive factors, the ability to
successfully complete additional financings and other risks in the
company's SEC reports and filings.
CONTACT: Sierra Gold Corp.
John Semachko Jr., President
+1 330 273 6181
Jsemachko@sierragoldcorp.com
Cleveland, Ohio 44212