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Share Name | Share Symbol | Market | Type |
---|---|---|---|
American Sierra Gold Corporation (PK) | USOTC:AMNP | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0035 | 0.0001 | 0.0088 | 0.00403 | 0.0035 | 0.00403 | 997 | 21:04:04 |
"I am very excited to join American Sierra's efforts to work on progressing the Discovery Day mining project. The high-grade gold mines in Salmon River district were some of the richest in California and this particular claim block includes several historical mines that were among the best producers in the district. The extensive development work and infrastructure already in place, including an operational mill, sets this group of mining properties far apart from the typical junior exploration portfolio," explained Mr. Fagen. "The already funded work plan will provide an excellent opportunity to block out significant high-grade ore for profitable production mining potentially beginning in Q2 of 2010," added Mr. Fagen.
"I am delighted that Pat decided to join American Sierra's efforts to develop the Discovery Day Mine. He has the right set of skills to take the project forward successfully. American Sierra will provide him with all the support necessary to try to accomplish our corporate goals. Pat's expertise will be crucial to the success of the project," commented Mr. Wayne Gruden, American Sierra's CEO.
Mr. Fagen has operated several successful mining projects with a particular focus on the exploration, development and management of high-grade underground mines. He has ample experience in different facets of the mining industry including exploration, acquisitions, feasibility analysis, permitting, planning, construction, and management. Mr. Fagen has a proven track record of taking underdeveloped properties and maximizing shareholder value through resource production and liquidity events including sales, mergers, acquisitions and public offerings. In the past 10 years he has served as chief executive for Tahoe Resources LLC, Lazarus Mining LLC and Tahoe Gold LLC. Mr. Fagen holds a BS Degree from Auburn University and is a specialist in California and USFS mine permitting.
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.
Contact: American Sierra Gold Corp Wayne Gruden President and CEO Investor Relations 1-888-279-3921 Email Contact www.americansierragold.com
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