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WSRA News Western Sierra Concludes Sale of SunGold and Treasure Gulch Mines to VHGI.

Tuesday, January 25, 2011 1:23 AM

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News for 'WSRA' - (Western Sierra Concludes Sale of SunGold and Treasure Gulch Mines to VHGI)

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http://www.otcmarkets.com/stock/WSRA/company-info

http://www.barchart.com/detailedquote/stocks/VHGI

http://www.knobias.com/individual/public/quote.htm?ticker=VHGI

http://www.otcmarkets.com/stock/VHGI/company-info

Jan 25, 2011 (Close-Up Media via COMTEX) -- Western Sierra Mining Corp. has
concluded the sale of the SunGold and Treasure Gulch mines to VHGI Corp., and
moves forward to acquire and develop new properties.

Dennis Atkins, Chief Financial Officer, when asked about the transaction said,
"With the sale finalized, Western is now in a position to focus its resources
and efforts toward the acquisition, exploration and development of the
prospective mining properties we have been reviewing for the past 18 months. We
are very excited about the potential of some of these properties, and look
forward to their possible acquisition and development. In addition, Western and
VHGI are discussing the possibilities of forming a joint venture to further
develop the Treasure Gulch Mine."

Western Sierra Mining is an aggressive gold and silver exploration and mining
company focused on the historic mining districts of the Bradshaw mountains of
Arizona, with additional areas of interest within Nevada and Mexico.

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Source: Comtex Wall Street News