Sierra Resource Group Inc. (fka SIRG)

[lmcat]

SIRG is not in default in the payment of principal, interest, asking or purchase fund installment or other default with respect to any indebtedness. There is no death spiral and everyone who knows what a death spiral is - knows there is none with SIRG. No notes are due until 2013.

Circumstantial Evidence is accepted in a court of law and my case has been presented. With only the APP hurdle left to jump SIRG has made a great deal of progress in 2012 and is on the home stretch.

Rod hosted a town hall meeting in Chloride for the locals, BLM agents and town officials in June during which he announced the awarding of a contract to Desert Construction for the ore moving operations. He further announced "Sierra hopes to start construction in December and have the plant producing copper in January or February."

With the approval of the MPO SIRG is on schedule and continues to make progress towards production in 2013.