Sustainable Green Team Ltd. (SGTM)

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DECEMBER FIELD REPORT!

http://sierragoldcorp.com/field_reports.php


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Field Report December 2011

Sierra Gold Corporation announced in a Press Release dated Monday December 12, 2011 that the October and November gold extraction numbers amounted to 59 troy oz. This brings 2011 gold extraction through November to 378 troy oz. This is an increase of over 65% from last year's production of 229 troy ounces of gold.

In regards to diamonds, the company extracted 315 pieces in 2011 which compares to 209 pieces in 2010 or an increase of over 60%.

The mining season did present us with some new challenges. There was a gas shortage countrywide that hindered production for almost 30 days. To protect against this problem Sierra Gold Corp. will keep a larger reserve of fuel for operations. As in all mining operations, equipment breakdown is a constant battle and we will increase the number of spare parts to offset some of our down time.

The results of the assay reports continue to indicate high levels of gold in our samples and Sierra Gold Corp. acknowledges that a portion of the gold is at the micro level and is not attainable for extraction on site. Sierra Gold will be required to transport the concentrates (black sands) to a processing plant, which may be out of country. The company is currently stockpiling this product with the aim of recovering as much of this micro gold as possible. We continue to explore various options in order to have these AU rich sands processed in a way that will show the return on investment that is profitable for all concerned.

In regards to the Pampana River concessions, there is a shakedown process that takes place when moving a dredge to a new location. This entails the breaking down of the dredge, moving it to a new location and reassembling the dredge. This process can take from 2 to 4 days to complete. Once this is done, the operator will make the necessary adjustments and any repairs required so the dredge is ready to do shore line testing. When river levels permit, the dredge will then be ready to be moved to its selected position for full operations.

Mining in Sierra Leone offers many different challenges. Last years activities gave the company much insight into these issues and with this in mind we are confident we will be able to improve/enhance the company's operational effectiveness for the 2012 mining season.

John Semachko Jr.
President
Sierra Gold Corp