Replies to post #15793 on Sustainable Green Team Ltd. (SGTM)

[SilverEagle]

Well, you know we are going to pull more gold and diamond this dry season based on the information that we are adding the wash plant and 8inch dredge in addition to the dredges that are already in place. And we are sending experienced miner there this season!

[SilverEagle]

Aforestation project of 42,500 acres in Sierra Leone

Aforestation as Renewable source of Wood for Industrial use: The objective of the project activity is the Aforestation of 42,500 acres of Kiri Tree: Japanese Empress Tree, Paulownia located on degraded lands in the ecological zone of Sudan Savannah. The project looks forward to recover degraded land, and develop sustainable economic activities, as (4-7 year) pulp, paper, (8 year) lightweight hardwood lumber, clean coal production, Biofuel production, wood harvesting and improving the community’s standard of living. The project will benefice more than 10 villages and 3500 people in annexes of this community and is conceived using easy-to-replicate technologies and promoting the intensive use of local labor, assuring that the biggest part of the benefits will remain in the community. The project will reduces the risk of negative impacts on biodiversity and increasing the success possibilities of the proposed project activity. Proposed project activities:The establishment of plantations as a renewable source of wood supplies for energy to meet the industrial needs is expected to result in twofold benefits: (i) generation of carbon stocks and of GHG removals by sinks additional to those that would occur in the absence of such plantations, and (ii) substitution of sustainable sources of biomass in place of fossil fuels and non-renewable biomass, which contribute to GHG emissions in Africa.



Estimated Carbon Credit value 410,000,000 USD

Estimated timber harvest value 700,000,000 USD

(source: http://www.greengiantventurefund.com/about_us )

[SilverEagle]

SGCP has acquired 36 patented gold and diamond claims throughout a 27 mile area between the Mano and Mayo Rivers. Licensing is expected to be completed in December operations to begin in January.

[SilverEagle]

Field Report; Oct 14 2009

Doug Evans is presently in Sierra Leone setting up operations for the up coming mining season. SGCP is in the process of sending an 8 inch dredge to Sierra Leone we hope to be able to ship the dredge in the next 3 to 4 weeks out of Baltimore Maryland. With the dredge comes a professional dredge operator with over 20 years of experience plus experience in swift water dredging.

The Carbon credit project is moving forward as expected complete survey of 42,500 acres of land is expected to be completed by 10/19/ 2009. Baseline scenario is near completion and project design documents are underway. We hope to have information on the value of the project soon as all pieces are falling in place.

(source : http://sierragoldcorp.com/field_reports.php )