SIRG tried to do a JV with a Bolivian company but could not get funding last year.
Sierra Resource Group Inc Confirms Strategic Alliance With Bolivian Mining Concern
Friday, 28 Jan 2011 04:00pm EST Sierra Resource Group Inc announced that certain rumors are circulating about its relationship with a Bolivian mining concern. In order to dispel these rumors, the Company confirmed that it signed a letter of intent with Kony Minera S.A. on December 15, 2010. The letter set forth the general terms of a potential joint venture regarding an alluvial gold placer mining project near Santa Cruz, Bolivia.
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