American Sierra Gold Corp. Discovers New Gold-Rich Zone at El Rosario, Urique Project
November 17 2009 - 7:45AM
Marketwired
American Sierra Gold Corp. (OTCBB: AMNP), an independent gold
exploration company headquartered in Reno, Nevada, is pleased to
announce the discovery of a new gold-rich zone within the El
Rosario mine of the Company's Urique Project, Mexico.
The highlights of the completed work program include:
- 9.74 g/t Au and 356.7 g/t Ag over 1.68 m,
- 2.16 g/t Au and 92.5 g/t Ag over 2.93 m,
- 3.60 g/t Au and 108.2 g/t Ag over 1.87 m,
- 5.65 g/t Au and 95.9 g/t Ag over 0.45 m,
- 3.69 g/t Au and 112.7 g/t Ag over 1.10 m, and
- 3.53 g/t Au and 243.1 g/t Ag over 0.40 m.
All the abovementioned results come from the underground
sampling within the Rosario tunnel. This tunnel, the largest of
three known workings within the El Rosario target area, was
reconditioned, re-mapped and sampled in preparation for a planned
underground drill program. Previously unknown extensions to the
workings were encountered and sampled resulting in the discovery of
the new gold-rich zone. A total of 22 samples were taken from this
zone with values ranging from 0.06 to 11.57 g/t gold and 6.6 to
358.7 g/t silver.
The El Rosario target measures approximately 175 metres wide by
400 metres long and has never been drilled. It is open along strike
and to depth. Multiple +1 kilogram per tonne silver assays have
been collected from various veins throughout the El Rosario target.
Significant silver mineralization also occurs within the altered
andesite host rocks (257 g/t silver and 0.78 g/t gold over five
metres), which adds to the bulk tonnage potential of the target. In
2008, surface sampling, some 150 metres above the Rosario tunnel,
encountered bonanza grades of as much as 10.6 g/t gold and 8,290.0
g/t (or 241.5 ounces per ton) silver.
"We are very excited with the results of our work at El Rosario.
The presence of multiple vein sets hosting high-grade silver-gold
mineralization, as well as felsic intrusives related to widespread
alteration and mineralization of the andesitic rocks, suggests that
the El Rosario target area has the potential to expand further,"
commented Mr. Wayne Gruden, American Sierra's CEO.
"The new high-grade gold zone encountered may represent an ore
shoot and this concept needs to be tested by drilling. We are,
therefore, currently working on the preparation of an underground
drilling program which we expect to initiate in the near-term and
conclude in the first months of 2010," added Mr. Gruden.
Additional information on the El Rosario target can be found on
the projects section of our website:
www.americansierragold.com/projects.
About American Sierra Gold Corp.:
American Sierra Gold Corp. is a publicly traded independent gold
exploration company headquartered in Reno, Nevada. Shareholders and
prospective investors are encouraged to call investor relations at
1-888-279-3921 or visit American Sierra Gold Corp's website:
http://www.americansierragold.com and to subscribe to our email
newsletter.
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 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.
Contact: American Sierra Gold Corp Wayne Gruden - CEO Investor
Relations: 1-888-279-3921 Email Contact
www.americansierragold.com
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