Sustainable Green Team Ltd. (SGTM)

[grawsha]

Sierra Gold Announces Kiri Tree Purchase for Carbon Credit Program and Shipment of Mining Dredges to Sierra Leone

TORONTO, Canada, March 18, 2010 (GLOBE NEWSWIRE) -- Sierra Gold Corporation (Pink Sheets:SGCP) announced today that it has made its first purchase of 1000 kiri trees for its carbon credit program. These fast growing trees are due to be shipped later this month and preparations are complete for their immediate planting upon arrival at their designated destinations within Sierra Leone.

Carbon Credits are allotted to companies that support the environment in such ways as committing designated forest land to non-logging operations; re-foresting previously logged or mined lands, and growing alternative bio-fuel crops. The funds received from the Carbon Credit programs will be utilized by the company to fund further development of its mining and agricultural operations in Sierra Leone. A number of world organizations have established these programs to enable companies to accumulate carbon credits that can be exchanged for money.

In addition, two "8" dredges purchased last month have been completely refurbished and shipped this week to Sierra Leone. Experienced US dredge operators will travel to Sierra Leone at the end of March to prepare for the arrival of the equipment. The company will then commence operations and begin gold production.

Doug Evans, CEO of Sierra Gold, commented: "We are pleased to be able to move forward with both our carbon credit and mining projects. The trees and equipment provide our company a two pronged approach to create successful future and add to shareholder value."

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.

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.

CONTACT: Sierra Gold Corporation
John Semacho Jr.
330-273-6183
http://www.globenewswire.com/newsroom/news.html?d=186961