Sierra Resource Group Inc. (fka SIRG)

[Actuate]

I know the most recent anticipated date to speak of was the supposed FONSI date, April 15, 2013. That date has come and gone, and no word on the FONSI. Regardless of if the FONSI date is pushed back or not, the latest the note can come due is October, 15, 2013. If SIRG doesn't pay the note off by then, it's game over time for them.

However, if SIRG fails to file the proper paperwork to push back the due date to reflect any delay in the FONSI date, they very well could lose ownership of the mine on July 15, 2013, as stated.

b. Extension of the May Note and February Note. Sections 1.a.i of both the February Note and the May Note shall be amended as set forth in Exhibit C to state that the Maturity Date is July 15, 2013 or the BLM Extension Date (as defined below), whichever is later. To the extent that the date the Bureau of Land Management (the “ BLM ” ) issues its Finding of No Significant Impact certificate (the “ FONSI Date ”) for the Company (currently scheduled for April 15, 2013) is extended “as a result of the filing of the Deed of Trust” (referenced in Section 4.d. above), the “ BLM Extension Date ” shall be the earlier of (i) three months after such new FONSI Date or (ii) October 15, 2013.

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9021095