Western Sierra Confirms Agreement With Pine Creek Mining to Operate the Gold Basin Mine
February 10 2011 - 8:48AM
Western Sierra Mining Corp., (Pink Sheets:WSRA) confirmed today
that it had reached an agreement with Pine Creek Mining to return
the Gold Basin placer mine to production. Michael Chaffee, CEO and
President of Western Sierra Mining Corp., commented, "We have
worked with Pine Creek on the Gold Basin mine for several years are
now taking the next natural step. We have started work on a NI
43-101 for the property and intend to operate the existing plant
for a short period while the larger plant and operation is
constructed. We will recondition the holding ponds, upgrade
the equipment and generally improve the overall operation. We
will apply to expand the current permits and hopefully move the
entire operation down stream early in 2012. Under the current
agreement the mine will remain for sale while the new work is on
going."
About Western Sierra Mining Corp. and the Gold Basin
Mine
Western Sierra Mining is an aggressive gold and silver
exploration and mining company focused on the historic mining
districts of the Bradshaw mountains of Arizona with additional
areas of interest within Nevada and Mexico. The Gold Basin mine is
fully permitted and bonded. The project consists of four
placer claims comprising some 332 acres all with good geology and
historical small scale mining.
Statement Concerning Forward-Looking Information
Certain information set forth herein contains "forward-looking
statements" within the meaning of the federal securities
laws. The word "estimates," "expects," "anticipates,"
"forecast," "plans," "intends," "believes" and variations of such
words or similar expressions are intended to identify
forward-looking statements.
The Company's expectations, beliefs and projections are
expressed in good faith and are believed by the Company to have a
reasonable basis but there can be no assurances that management's
expectations, beliefs, and projections will be achieved or
accomplished.
CONTACT: Mr. Dennis Atkins 405-330-8395
Mr. Michael Chaffee 928-680-5513
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