LAS VEGAS, Oct. 3, 2006 (PRIMEZONE) -- Sierra Gold Corporation (Pink Sheets:SGCP) Geologist, Hendrik Veldhuyzen (BSc,MSc), was commissioned to complete a 43-101 / Competent Person's Report for the company's Pampana North concession.
His report dated April 12th, 2006 classified Pampana North as a 'Property of Merit' warranting acquisition and further exploration for both alluvial gravels and for hard rock quartz vein systems. The northeast section of the property contains the one known bedrock gold vein potential, 1200 feet long, and located 9 km. from the Yirisen gold deposit. Historical geological data has determined Yirisen to be the largest gold vein deposit in Sierra Leone. The mining rights to this deposit which lies adjacent to Sierra's property belong to Mano River Resources Inc. (AIM: MANA). In his report, Mr. Veldhuyzen also noted the potential of diamonds from material found in gravels similar to that found in Kimberlites.
The greenstone belts of West Africa have had a long history of placer gold mining and prospecting. Similar greenstone belts around the world commonly contain major gold deposits. This is main reason why West Africa is the second fastest growing gold producing regions in the world. No assurance can be given that past or similar results of gold mining will be indicative of future results.
An ongoing program of basic exploration data collection and an aggressive investigation to define possible mine-able alluvial and hard rock resources has been recommended by the company's consulting geologist. Mr. Veldhuyzen is a professional geologist registered with the Association of Professional Engineers and Geoscientists of Newfoundland and L'Ordre Des Geologues Du Quebec. He has had 27 years of full-time international field work with a variety of worldwide corporations.
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