Thursday, December 03, 2009 12:36:13 PM
http://www.sierragoldcorp.com/press_detail.php?recordID=6
Sierra Gold Corporation Discusses Pampana North's Hard Rock Gold and Diamond Potential
LAS VEGAS, Nov. 13, 2006 (PRIMEZONE)
LAS VEGAS, Nov. 13, 2006 (PRIMEZONE) -- In his 43-101 report (April 2006), geologist Hendrik Velduyzen states that there is a 400 meter-long gold bearing quartz vein system, parallel to the Yirisen gold vein deposit reported in the literature from historical work done. Mr. Velduyzen observed certain geological indicators that could support the existence of a gold vein deposit. The Yirisen gold vein system located in the Sula mountains is the largest known gold deposit in Sierra Leone. Historically the Pampana River and its tributaries have supported some of the richest alluvial gold workings both in the Sula mountains and in the country.
Sierra Gold Corporation plans to investigate the quartz vein system with geochemical surveys, geological mapping, and geophysical surveys in conjunction with trenching. Geologists, Bill Boberg (Director of Exploration and Geology) and Hendrik Veldhuyzen (Consulting Geologist) will plan the program to further define and develop the property.
Mr. Velduyzen also noted in his report that certain stones found in the gold bearing gravel are similar to those found in kimberlites and suggest the presence of diamonds.
Sierra Leone is a major exporter of diamonds, which are well known for their size and quality.
http://www.reuters.com/article/pressRelease/idUS141222+18-Jun-2008+PNW20080618
Sierra Gold's Geologist Begins Work On Hard Rock Gold Deposit to Investigate and
Define Additional Gold Reserves
TORONTO, June 18, 2008 (PRIME NEWSWIRE) -- Sierra Gold Corporation (Pink
Sheets:SGCP) today announced that newly hired geologist, Joseph Kamara, has
begun work on the hard rock gold deposit in preparation for a drill program. Mr.
Kamara, a seasoned West African geologist, will plan a program to further define
and develop the hard rock gold reserves. The investigation will include
trenching, geochemical surveys and geological mapping.
The hard rock gold reserves would be in addition to the estimated alluvial gold
reserves of approximately 936,000 ounces based on prior work done.(website) At
today's prices, the gold values would exceed US$800 million.
Sierra Gold's property contains a 400 meter (1200 foot) long gold bearing quartz
vein system outlined in the 43-101 report that runs parallel to the Yirisen gold
vein deposit reported in the literature from historical work done. The Yirisen
gold vein system located in the Sula mountains is the largest known gold deposit
in Sierra Leone. Historically the Pampana River and its tributaries have
supported some of the richest alluvial gold workings both in the Sula mountains
and in the country.
Doug Evans, CEO of Sierra Gold, commented: "The presence of a gold bearing
quartz vein system could add substantial value to the project and to the
company."
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. 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.
http://newsblaze.com/story/2006111314433900001.pz/topstory.html
Sierra Gold Corporation Discusses Pampana North's Hard Rock Gold and Diamond Potential
LAS VEGAS, Nov. 13, 2006 (PRIMEZONE) -- In his 43-101 report (April 2006), geologist Hendrik Velduyzen states that there is a 400 meter-long gold bearing quartz vein system, parallel to the Yirisen gold vein deposit reported in the literature from historical work done. Mr. Velduyzen observed certain geological indicators that could support the existence of a gold vein deposit. The Yirisen gold vein system located in the Sula mountains is the largest known gold deposit in Sierra Leone. Historically the Pampana River and its tributaries have supported some of the richest alluvial gold workings both in the Sula mountains and in the country.
Sierra Gold Corporation plans to investigate the quartz vein system with geochemical surveys, geological mapping, and geophysical surveys in conjunction with trenching. Geologists, Bill Boberg (Director of Exploration and Geology) and Hendrik Veldhuyzen (Consulting Geologist) will plan the program to further define and develop the property.
Mr. Velduyzen also noted in his report that certain stones found in the gold bearing gravel are similar to those found in kimberlites and suggest the presence of diamonds.
http://www.globenewswire.com/hs/news.html?d=106164
Sierra Gold's Pampana Concession Classified as 'Property of Merit'
LAS VEGAS, Oct. 3, 2006 (PRIMEZONE) -- Sierra Gold Corporation (Pink Sheets:SGCP) Geologist, Hendrik Veldhuyzen (BSc,MSc), was commissioned to complete a 43-101 / Competent Person's Report for the company's Pampana North concession.
His report dated April 12th, 2006 classified Pampana North as a 'Property of Merit' warranting acquisition and further exploration for both alluvial gravels and for hard rock quartz vein systems. The northeast section of the property contains the one known bedrock gold vein potential, 1200 feet long, and located 9 km. from the Yirisen gold deposit. Historical geological data has determined Yirisen to be the largest gold vein deposit in Sierra Leone. The mining rights to this deposit which lies adjacent to Sierra's property belong to Mano River Resources Inc. (AIM: MANA). In his report, Mr. Veldhuyzen also noted the potential of diamonds from material found in gravels similar to that found in Kimberlites.
The greenstone belts of West Africa have had a long history of placer gold mining and prospecting. Similar greenstone belts around the world commonly contain major gold deposits. This is main reason why West Africa is the second fastest growing gold producing regions in the world. No assurance can be given that past or similar results of gold mining will be indicative of future results.
An ongoing program of basic exploration data collection and an aggressive investigation to define possible mine-able alluvial and hard rock resources has been recommended by the company's consulting geologist. Mr. Veldhuyzen is a professional geologist registered with the Association of Professional Engineers and Geoscientists of Newfoundland and L'Ordre Des Geologues Du Quebec. He has had 27 years of full-time international field work with a variety of worldwide corporations.
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