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Friday, August 06, 2010 9:23:44 AM
Western Sierra Mining Corp. (OTC: WSRA) has reached an operational milestone in its long-range development plans. Western has now had two consecutive quarters of positive earnings and expects to remain in positive territory through the remainder of the year. The Company has also filed its Initial Disclosure statement with Pink Sheets and moved up to the Current Information reporting level.
Mr. Dennis Atkins, Chief Financial Officer, when asked about the current status of the company, said, "It is gratifying to see initial results from our long-term objectives set out in 2009. We have been able to significantly enhance the balance sheet and create positive cash flow through our mine sale/lease programs. We have also completed our move up to the Current Information status on Pink Sheets. We will use some of this positive cash flow to continue our aggressive acquisition program and bring selected other mine assets into production."
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