Business
WSRA Press Release 4-21-09
WSRA Press Release 4-21-09.
About this update from Western Sierra Resource Corp.
[{"type":"text","content":" Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Press Releasest1\\:*{behavior:url(#ieooui) }Press Release Source: Western Sierra Mining Corp. WESTERN SIERRA (OTC WSRA) SEEKS JOINT VENTURE PARTNER FOR BLUE BELL MINE; UPGRADES TO REAL TIME LEVEL II TRADING AND RELEASES APRIL 2009 UPDATES FOR GOLD RIVER AND GOLD BASIN April 21, 2009Prescott, AZ - Western Sierra Mining Corp., (OTC: WSRA - News) announced today that a Consulting Geologist/Mining Engineer for WSRA has completed a historical summary of the claims comprising the recently acquired Blue Bell and De Soto mining lease. Based on preliminary analysis the company is actively seeking a joint venture partner to develop, mine, and extract copper, gold, and silver values from ore amenable to surface mining methods as well as the potential extraction of commercial grade copper that has leached into the now water filled underground mine shaft. WSRA has a two year mining lease on the property, as well as an option to purchase the property outright. Potential development partners or shareholders may request a full copy of the BlueBell report by contacting the company directly, registering at http://www.kitco.com/leadgen/companies/westernsierra/ or by emailing a request to [email protected] and inserting \"Bluebell Executive Summary\" into the subject line. Additionally, the current price of gold has increased the value of our proven, probable and indicated reserves and made the potential outcomes of the business models for such projects as Sun Gold and Gold Basin more profitable. As we search for financial partners for the development of specific mines, these influences have aided negotiations and we hope to be able to announce some of these new relationships during the second quarter of 2009. The following includes excerpts from an interim r...