TORONTO, Aug. 27, 2007 (PRIME NEWSWIRE) -- Sierra Gold Corporation (Pink Sheets:SGCP) deposited more hard rock gold samples with SGS Laboratories in Toronto, Canada at the end of July from recent geological work done in Sierra Leone. Assay results are expected shortly. The samples collected were taken from a hard rock formation that showed visible gold.
In April 2007, hard rock chip samples were taken from the property and tested by SGS Laboratories. Assay results for gold were approximately .5 oz/ton (15 grams/ton).
Sierra Gold's geological team will continue to investigate and further explore the hard rock formation. A trenching program has already been initiated. The company has plans for a later drilling program.
Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The greenstone belt of West Africa has had a long history of gold mining and prospecting. The region has been one of the fastest gold producing areas worldwide. Sierra Leone's neighbors, Ghana and Mali, are the second and third largest gold producers in all of Africa.
Safe Harbor: No assurance can be given that past or similar results of precious metal mining will be indicative of future results. 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.