LAS VEGAS, Nov. 13, 2006 (PRIMEZONE) -- In his 43-101 report (April 2006), geologist Hendrik Velduyzen states that there is a 400 meter-long gold bearing quartz vein system, parallel to the Yirisen gold vein deposit reported in the literature from historical work done. Mr. Velduyzen observed certain geological indicators that could support the existence of a gold vein deposit. The Yirisen gold vein system located in the Sula mountains is the largest known gold deposit in Sierra Leone. Historically the Pampana River and its tributaries have supported some of the richest alluvial gold workings both in the Sula mountains and in the country.
Sierra Gold Corporation plans to investigate the quartz vein system with geochemical surveys, geological mapping, and geophysical surveys in conjunction with trenching. Geologists, Bill Boberg (Director of Exploration and Geology) and Hendrik Veldhuyzen (Consulting Geologist) will plan the program to further define and develop the property.
Mr. Velduyzen also noted in his report that certain stones found in the gold bearing gravel are similar to those found in kimberlites and suggest the presence of diamonds.
Sierra Leone is a major exporter of diamonds, which are well known for their size and quality.
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