AllPennyStocks.com Releases a Special Report on Sierra Gold Corp.


MISSISSAUGA, Ontario, May 8, 2007 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article by Greg Moses, an AllPennyStocks.com News Reporter, this one discussing Sierra Gold Corp. (Pink Sheets:SGCP), its industry and future prospects.

With properties in West Africa, Sierra Gold Corporation, a Nevada Corporation, is an emerging gold and diamond exploration and development firm.

The Company owns the mining rights of Northern Star Resources Ltd, a Sierra Leone incorporated gold and diamond mining company. The inclusive rights cover a secured 40 square kilometer prime mining concession with a government issued two year exploration license.

Since elections in 2002, Sierra Leone has seen a large resurgence in economic development with European, Asian and North American corporations establishing or re-establishing their presence in many sectors of business including natural resources.

The geology reports on the property look solid, and are amplified by the property location on the North Pampana River which places it in one of Sierra Leone's richest known alluvial gold mining rivers. The property lies south of the Sula Mountains approximately 120 km east of the Capital City of Freetown in the Greenstone belt of Sierra Leone.

The full version of this special report on SGCP can be found at: http://www.allpennystocks.com/aps_us/special_reports/archives/050907.asp

About AllPennyStocks.com:

AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly stocks to watch, has a weekly market write-up, provides company spotlights, runs unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTC BB, and much more information for the average investor.

Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Sierra Gold Corp. (Pink Sheets:SGCP), the compensation is three thousand dollars by a non-affiliated third-party, OTCPicks.com for its efforts in presenting the SGCP profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the main disclaimer at http://www.allpennystocks.com/aps_us/company_spotlights/archives/sgcp.asp.



            

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