Sustainable Green Team Ltd. (SGTM)

[the cork]

Field report January, 2011

Sierra Gold Corp has finalized negotiations and signed a new JV agreement that will add an 8 inch dredge and an experienced dredge operator to our operations. SGCP expects both to arrive within the next 7 days. This coincides with our ongoing plans to expand operations and take advantage of newly attained agreements with Paramount Chiefs in new areas.

Mining Operations

One dredge has moved into the deeper river area resulting in six feet of sand overburden having been cleared and processed to date. We anticipate that the targeted gravel will be reached soon as full scale operations are underway. Results of the sand overburden in this location are a 7-10X increase over inshore results.
One of the dredges is undergoing regular maintenance and repairs and is expected to be back in service promptly
Due to recent promising testing results it has been decided to move two of the dredges to new locations. We are optimistic that this move will have positive results.

Agriculture Operations

All crops have been harvested except for sorghum which is currently being harvested. Company Sales for 2010 are being reviewed and the 2011 crop planting schedule is being mapped out.
On the recommendation of Samuel Kargbo, (Manager of Agricultural Operations) the company will commence one acre tests on different vegetable varieties to determine feasibility for future garden crop exporting potential.

http://www.sierragoldcorp.com/field_reports.php