PRESCOTT, Ariz., April 18, 2011 (GLOBE NEWSWIRE) -- Western Sierra Mining Corp., (Pink Sheets:WSRA) said today that it had reached a tentative agreement with the owners to develop the Silver Cord mine located in central Arizona.
The Silver Cord is a historically producing underground silver mine with some 800 feet of developed tunnels driven on a relatively flat silver vein. The vein structure carries minor amounts of gold and copper.
Western will first map and sample the mine while making initial recommendations for operational safety. Western will then oversee any mine modifications that may be necessary to work underground and initiate the appropriate permit applications.
In addition to the hard rock claims, there is an adjacent placer claim that will also be looked at in terms of commercial development.
The overall mine development program will be divided into separate phases, each new phase subject to a mutually agreed budget with the work being billed on "a cost plus" basis. It is anticipated the first phase will be initiated during the second quarter of 2011.
About Western Sierra Mining Corp
Western Sierra Mining is an aggressive gold and silver exploration and mining company focused on the historic mining districts of the Bradshaw Mountains of Arizona with additional areas of interest in Nevada and Mexico.
Statement Concerning Forward-Looking Information
Certain information set forth herein contains "forward-looking statements" within the meaning of the federal securities laws. The word "estimates," "expects," "anticipates," "forecast," "plans," "intends," "believes" and variations of such words or similar expressions are intended to identify forward-looking statements.
The Company's expectations, beliefs and projections are expressed in good faith and are believed by the Company to have a reasonable basis but there can be no assurances that management's expectations, beliefs, and projections will be achieved or accomplished.
CONTACT: Mr. Michael Chaffee 928-680-5513 Mr. Dennis Atkins 405-330-8395