TORONTO, Nov. 28, 2007 (PRIME NEWSWIRE) -- Sierra Gold Corporation (Pink Sheets:SGCP) has just received reports for samples from the new gold bearing hard rock formation in Sierra Leone deposited with SGS Laboratories in Toronto, Canada last month. Three separate samples were tested. The gold grades averaged just over 90 grams per ton (just under 3 ounces per ton). The gold grades for the last set of samples processed in Sierra Leone were over 80 grams per ton (more than 2.5 ounces per ton).
The recent article, "Check This Area Out," dated September 26, 2007, published in "Stockhouse BullBoards," stated that "The Birimian trend (West Africa) is ... currently the base for the fastest growing gold production and exploration area in the world." The author makes the analogy of West African gold production to that of the Carlin trend in the 1990s. He writes that if Nevada were a separate country it would rank within the top five countries in the world for gold production.
Sierra Gold's geological team will continue to investigate and further explore the new hard rock formation. A trenching program has already been initiated in conjunction with continued sampling. Pending favourable results, a drilling program will be initiated. Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The Birimian greenstone belt of West Africa has had a long history of gold mining and prospecting. 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.