AMNP Shareholder Update Concerning Diamond Drill Testing to be Conducted on the Minera JOTA Properties
July 13, 2015
Dear American Sierra Gold Shareholders:
The Company is pleased to announce that the hard rock gold potential of the Minera JOTA claims, located in Northern Chile and comprising approximately 6000 Hectares, will be tested by diamond drilling as per the recommendation of the Company geologist.
AMNP recently increased its ownership holdings from 10% to a 30% interest in the Minera JOTA properties.
Gary P. Goodin
President/Chief Executive Officer
American Sierra Gold Corporation
Cautionary Statement – Forward-Looking Information
This news release may contain certain “forward-looking statements” within the meaning of the United States Securities Exchange Act of 1934, as amended. This forward-looking information includes, or may be based upon estimates, forecasts and statements of management’s expectations with respect to, among other things, the completion of transactions, the issuance of permits, the size and quality of mineral resources, future trends for the company, progress in development of mineral properties, future production and sales volumes, capital costs, mine production costs, demand and market outlook for metals, future metal prices and treatment and refining or milling charges, the outcome of legal proceedings, the timing of exploration, development and mining activities, acquisition of shares in other companies and the financial results of the company. There can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially and substantially from those anticipated in such statements. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves.