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Tuesday, January 10, 2012 9:36:42 AM
http://finance.yahoo.com/news/Sierra-Gold-Corporation-pz-1073772542.html?x=0
TORONTO, Jan. 10, 2012 (GLOBE NEWSWIRE) -- Sierra Gold Corporation (Pink Sheets:SGCP) is pleased to announce that 4 non-associated groups have shown interest and entered into negotiations to develop a joint venture situation to process its Black Sand tailings.
The company is in the process of reviewing all 4 offers. We will be looking at reliability and what will be in the best interests of the company.
Sierra Gold Corp. is also pursuing its own ability to acquire equipment to enhance its gold and strategic minerals recovery from their black sands. Black sands gold content, as previously assayed and reported by SGS Labs in Peterborough, Canada, range from 18-170 grams per ton.
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