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News ReleasesAmerican Sierra Gold Samples 428 G/T Gold And Plans To Commence Production Test At Discovery Day ProjectRENO, NEVADA - MAY 6, 2010 - American Sierra Gold Corp. (NASDAQ OTC BB: AMNP), an independent gold exploration company headquartered in Reno, Nevada, is pleased to announce results of the on-going sampling program at its Discovery Day Gold Property and the planned commencement of a production test run. During the period of March 23 to April 16 geological crews conducted systematic sampling at three underground locations in the Discovery Day mine. A total of 29 samples were taken at the "490" raise, "400" raise and at the end of the 72 crosscut. These three potential mining targets show strong structural anomalies with significant quartz veining. The sampling program was designed to determine ore grades and mining widths of these zones in order to evaluate production mining economics. Economically feasible assay results were obtained from both the "490" and "400" raises and are shown in the table below. Thirteen of the fifteen samples taken in the "72 crosscut" carried gold values but all assays were below the mining cut-off grade of 0.5 ounces per ton.
According to mine manager Patrick Fagen, "These assay results support good continuity of values between the two zones indicative of an extension of the previously mined ore shoot. The grades are exceptional and the structure appears to be widening both up dip and along its southern strike. Further drifting at both locations is needed to determine the full extent of the ore bodies." American Sierra Gold's President Wayne Gruden added, "These encouraging assay results have prompted a company decision to focus immediate efforts on a production test run to accurately determine the feasibility of mining this past producing zone and test our mill. We plan to conduct this production test concurrently with an underground core drilling program." Both work programs are scheduled to commence during the month of May. For further information please contact: American Sierra Gold Corp Forward-Looking Statements The statements by our officers, and other statements regarding optimism related to the business, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. |
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info@americansierragold.com | ©2009 American Sierra Gold |
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