NEWS OUT:
News for 'SGCP' - (Sierra Gold Corporation Awaits More Gold Assay Results From Hard Rock Formation)
TORONTO, Aug 27, 2007 (PrimeNewswire via COMTEX) -- Sierra Gold Corporation
(Pink Sheets:SGCP) deposited more hard rock gold samples with SGS Laboratories
in Toronto, Canada at the end of July from recent geological work done in Sierra
Leone. Assay results are expected shortly. The samples collected were taken from
a hard rock formation that showed visible gold.
In April 2007, hard rock chip samples were taken from the property and tested by
SGS Laboratories. 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. A trenching program has already been initiated. The
company has plans for a later drilling program.
Sierra Gold is engaged in the exploration and development of gold and diamond
properties in West Africa. 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 neighbors, Ghana and Mali, are
the second and third largest gold producers in all of Africa.
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 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.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: Sierra Gold Corporation
By Staff
CONTACT: Sierra Gold Corporation Doug Evans, President 416-200-6966 dougevans@sierragoldcorp.com www.sierragoldcorp.com
(C) Copyright 2007 PrimeNewswire, Inc. All rights reserved.
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INDUSTRY KEYWORD: Mining & Metals
SUBJECT CODE: MINING
METALS
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