Sierra Gold begins production

January 08, 2009

Commodity Online
NEW DELHI: With Sierra Gold beginning production for the season after the rains, the gold market is watching the output of the company for the season.

The company said that gold production has started for the new mining season and 11.5 kg of gold was mined during December.

The Toronto-based company has announced that it has purchased new properties in Tonkalilli, Bo and Zimmi in west Africa and defined a total of six specific target areas for production.

Sierra Gold said increased gold production is expected as all six targeted areas begin producing over the next several weeks.

Sierra Gold is focused on the exploration and development of gold properties in West Africa, with a focus on Birimian greenstone belt in Sierra Leone.

The firm announced in November 2008 that it had acquired a 12 mile long concession on the Manu river in the Zimmi region of Sierra Leone with an option to expand it down to the Atlantic ocean.

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