Western Sierra Reaches Preliminary Agreement to Develop the Silver Cord Mine
18 Avril 2011 - 3:26PM
Western Sierra Mining Corp., (Pink Sheets:WSRA) said today that it
had reached a tentative agreement with the owners to develop the
Silver Cord mine located in central Arizona.
The Silver Cord is a historically producing underground silver
mine with some 800 feet of developed tunnels driven on a relatively
flat silver vein. The vein structure carries minor amounts of gold
and copper.
Western will first map and sample the mine while making initial
recommendations for operational safety. Western will then oversee
any mine modifications that may be necessary to work underground
and initiate the appropriate permit applications.
In addition to the hard rock claims, there is an adjacent placer
claim that will also be looked at in terms of commercial
development.
The overall mine development program will be divided into
separate phases, each new phase subject to a mutually agreed budget
with the work being billed on "a cost plus" basis. It is
anticipated the first phase will be initiated during the second
quarter of 2011.
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 in Nevada and Mexico.
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. Michael Chaffee
928-680-5513
Mr. Dennis Atkins
405-330-8395
Western Sierra Resource (CE) (USOTC:WSRC)
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