FREETOWN, Sierra Leone, March 4, 2008 (PRIME NEWSWIRE) -- Sierra Gold Corp. (Pink Sheets:SGCP) announced today that the Company, as of February 24th, 2008, has extracted and sold a second kilogram of alluvial gold from its Pampana River property in the west African nation of Sierra Leone. The Company also announced that is has retained the services of a local Geologist, Mr. Joseph Kamara, to aid in Sierra Gold's continued exploration, development and mining of the West African region.
Doug Evans, CEO of Sierra Gold, commented, "While we are excited that our gold production at Pampana River continues, we are eagerly awaiting the delivery of new machinery that will dramatically increase our extraction and production times over the local labor that is currently being used. We are also pleased to have retained Joseph Kamara, a seasoned West-African Geologist, to our team. His extensive local knowledge will help Sierra Gold continue to successfully explore and develop this and other properties in the region"
About Sierra Gold Corp
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
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Sarissa Resources, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.