Sierra Gold Corporation Receives Positive Gold Assay Results From Hard Rock Formation
Posted on: Friday, 15 June 2007, 16:50 CDT
TORONTO, June 15, 2007 (PRIME NEWSWIRE) -- Sierra Gold Corporation (OTC:SGCP) has just received gold assay results from its April 2007 chip samples tested by SGS Laboratories in Toronto, Canada. Samples were taken from the hard rock portion of the property. Assay results for gold were approximately .5 oz/ton (15 grams/ton).
Sierra Gold's geological team will continue to investigate and further explore the hard rock formation. The team will plan a program to more clearly define and develop the property, which will include a drill program in conjunction with trenching.
The greenstone belt of West Africa has had a long history of gold mining and prospecting. The region has been one of the fastest gold producing areas worldwide. Sierra Leone's neighbours, Ghana and Mali, are the second and third largest gold producers in all of Africa.
Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The company will continue to conduct extensive research and development of high quality mineral exploration projects.
Safe Harbor: No assurance can be given that past or similar results of precious metal mining will be indicative of future results. 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 harbour 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.
This news release was distributed by PrimeNewswire, www.primenewswire.com
CONTACT: Jeremy Hunt, Corporation Consultant 304.523.3980 jhunt@invstrategies.com www.sierragoldcorp.com
Source: PrimeNewswire
Related Articles
- Capstone Reports Final High Grade Copper-Gold Results From Minto North Infill Drilling
- Capstone Reports Additional High Grade Copper-Gold Results at Minto North
- Capstone Reports Additional High Grade Copper-Gold Results at Minto North
- Pinnacle Resources Inc. Announces Results of Diamond Mining Operations in South Africa
- Barrick Gold Corporation: Pueblo Viejo Project Moves Forward-Represents Largest Foreign Investment in the Dominican Republic
- Paramount Gold and Silver Corp. Reports High Grade Gold Results From Surface and Underground Sampling of a New Area in Its San Miguel Project
- International Gold Resources, Inc. Retains Sierra Partners LLC As Its Financial Advisor
- Royal Gold Files S-4 Registration Statement to Advance Merger With Battle Mountain Gold Exploration
- Bernanke Says Fed Policy Must Be Forward-looking
- Westinghouse Lauds Progress Energy for Proactive, Forward-Looking Approach to Nuclear Fleet Expansion
User Comments (0)

RSS Feeds