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WSRC Western Sierra Resource Corporation (CE)

0.0035
0.00 (0.00%)
14 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Western Sierra Resource Corporation (CE) USOTC:WSRC 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 0.00 00:00:00

Western Sierra Completes the Sale of SunGold & Treasure Gulch Mines to VHGI & Positions Itself for Major Exploration & Develo...

20/01/2011 3:23pm

Business Wire


Western Sierra Resource (CE) (USOTC:WSRC)
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Western Sierra Mining Corp. (OTC: WSRA) has concluded the sale of the SunGold and Treasure Gulch mines to VHGI Corp., and moves forward to acquire and develop new properties.

Mr. Dennis Atkins, Chief Financial Officer, when asked about the transaction said, “With the sale finalized, Western is now in a position to focus its resources and efforts toward the acquisition, exploration and development of the prospective mining properties we have been reviewing for the past 18 months. We are very excited about the potential of some of these properties, and look forward to their possible acquisition and development. In addition, Western and VHGI are discussing the possibilities of forming a joint venture to further develop the Treasure Gulch Mine.”

About Western Sierra Mining Corp.

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. Current projects include Gold Basin, SunGold, Oro Cache, Eagle, Treasure Gulch and the Big Chief mining group, all of which have demonstrated high-grade mineralization with previous histories of production. Long-term Company goals are to create maximum shareholder value by continuing to build a strong base of properties and advance these projects toward production.

Statement for Forward-Looking Information

Certain information set forth herein contains “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, exploration efforts, financing needs, plans or intentions relating to acquisitions by the Company and other information that is not historical information. 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 forward-looking statements are based upon the Company’s current expectations and various assumptions. The Company’s expectations, beliefs and projections are expressed in good faith and are believed by the Company to have a reasonable basis, including, without limitation, management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties, but there can be no assurances that management’s expectations, beliefs, and projections will result or be achieved or accomplished. The Company’s forward-looking statements, apply only as of the date made.

1 Year Western Sierra Resource (CE) Chart

1 Year Western Sierra Resource (CE) Chart

1 Month Western Sierra Resource (CE) Chart

1 Month Western Sierra Resource (CE) Chart

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