TORONTO, Sept. 9, 2010 (GLOBE NEWSWIRE) -- Sierra Gold Corp. (Pink Sheets:SGCP) is pleased to announce that it is now ready to commence dredging activities with all 4 dredges as soon as river levels permit. All equipment has been pre-located at initial selected sites and all licensing/permitting has been completed. Site prospecting is underway and will continue and be expanded as water levels recede to a point where all full scale dredging activity can commence.
Sierra Gold is currently in the process of updating and adding current pictures to its website. This should be completed by the end of the weekend. To view the pictures, please visit
Doug Evans, CEO of Sierra Gold Corp. commented, "Having just returned from Sierra Leone, I am extremely optimistic about the upcoming season. Two of the company's dredges are currently prospecting the overburden sand at selected sites, and the gold and diamond showings are highly encouraging considering debilitating river conditions. When full operations commence (all 4 dredges), it is expected that the equipment will process 125 tons per hour on a conservative basis for the 180-200 days season, giving Sierra Gold a strong financial year."
Safe Harbor: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act''). In particular, when used in the preceding of discussion, the words "pleased'', "plan'', "confident that,'' "believe,'' "expect,'' or "intent to'' and similar conditional expressions are intended to identity forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.
CONTACT: Sierra Gold Corp. John Semachko Jr., President +1 330 273 6181 Jsemachko@sierragoldcorp.com Cleveland, Ohio 44212