Update on Caren/Pangue Claims

UPDATE ON CAREN/PANGUE CLAIMS

September 17, 2015

The Board of Directors of American Sierra Gold Corporation (the “Company”) is pleased to announce developments relative to the Company’s Caren and Pangue mineral claims located in Chile.  Under the guidance of Auryn Mining Chile (“Auryn”), extensive geological work is being performed on the Alto Properties.  Today Auryn announced it has added 3,400 hectares to its land package.  The Company’s Caren/Pangue mineral claims now abuts property included in Auryn’s various option agreements and are being examined by Auryn’s professionals. 

These properties consist of 17 mining claims of approximately 1798 hectacres situated in the District of Curacaui, Providence of Melihilla, Country of Chile.

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.