Sierra Gold Corporation Announces Mining and Test Results From July 1 Through October 31, 2010

/ Source: GlobeNewswire

TORONTO, Nov. 18, 2010 (GLOBE NEWSWIRE) -- Sierra Gold Corp., (Pink Sheets:SGCP) today announces mining and testing results during the recent rainy season.

Sierra Gold Corp. undertook an experimental approach to the Sierra Leone rainy season and we are pleased to announce that through these testing and small scale dredging operations the company recovered 32 troy ounces of gold and 72 diamonds. John Semachko Jr., President of Sierra gold Corp. commented: "We learned a great deal about rainy season operations this year and I believe this will benefit us in both of the mining seasons now and in the future."

Doug Evans, Chairman and CEO, left for Sierra Leone on November 11, 2010 to assess the current conditions and to ensure final preparations are in place for the upcoming mining season.

Currently, the rivers are still high as we wait for the harmattan, a hot, dry wind that blows from the Sahara. This commences the roughly 30 day process of lowering the rivers to a level that will enable us to start full scale operations.

As stated in our press release dated September 9, 2010, we currently have 4 dredges on different sites and all licensing has been completed. Please visit our web site at sierragoldcorp.com to view our monthly field reports.

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 Corporation John Semachko Jr., President +1 330 273 6181 Jsemachko@sierragoldcorp.com