November 28, 2007 - 11:50 AM EST
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Sierra Gold Corporation Validates Positive Gold Grades for New Gold Bearing Hard Rock Formation From SGS Laboratories
TORONTO, Nov. 28, 2007 (PRIME NEWSWIRE) -- Sierra Gold Corporation (Pink Sheets:SGCP) has just received reports for samples from the new gold bearing hard rock formation in Sierra Leone deposited with SGS Laboratories in Toronto, Canada last month. Three separate samples were tested. The gold grades averaged just over 90 grams per ton (just under 3 ounces per ton). The gold grades for the last set of samples processed in Sierra Leone were over 80 grams per ton (more than 2.5 ounces per ton).
The recent article, "Check This Area Out," dated September 26, 2007, published in "Stockhouse BullBoards," stated that "The Birimian trend (West Africa) is ... currently the base for the fastest growing gold production and exploration area in the world." The author makes the analogy of West African gold production to that of the Carlin trend in the 1990s. He writes that if Nevada were a separate country it would rank within the top five countries in the world for gold production.
Sierra Gold's geological team will continue to investigate and further explore the new hard rock formation. A trenching program has already been initiated in conjunction with continued sampling. Pending favourable results, a drilling program will be initiated. Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The Birimian greenstone belt of West Africa has had a long history of gold mining and prospecting. Sierra Leone's neighbors, Ghana and Mali, are the second and third largest gold producers in all of Africa.
