Thursday, September 09, 2010 7:12:04 PM
(special thanks to pro-trader)
Date : 09/09/2010 @ 2:30PM
Source : GlobeNewswire Inc.
Stock : Sierra Gold
Corporation (SGCP)
Quote : 0.0012 0.0001 (9.09%) @ 11:50AM
SIERRA GOLD CORP (OTC) (USOTC:SGCP)
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 .....etc... etc.. etc.
http://ih.advfn.com/p.php?pid=nmona&article=44310252&symbol=NO^SGCP
Re post to make room for new sticky.
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