Sierra Resource Group Nears Completion of Permitting Processes and Looks to Process Ore Stockpiles


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Sierra Resource Grou (OTCBB:SIRG)
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Today : Thursday 23 May 2013



KINGMAN, Ariz., May 23, 2013 /PRNewswire/ -- Sierra Resource Group, Inc. (OTCBB: SIRG) (the "Company" or "Sierra") continues the process of permitting mining operations at its Chloride Copper Mine near Kingman, Arizona. The United States Department of the Interior's Bureau of Land Management (the "BLM") has accepted Sierra's revised Mine Plan of Operation as Technically Complete. The Company is addressing the BLM's comments on its Environmental Assessment report, in accordance with the National Environmental Policy Act ("NEPA"). The Company also believes that its Aquifer Protection Permit is nearing completion with Arizona Department of Environmental Quality and that all other needed permits are underway or have been finalized.

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Walter "Buzz" Todd III, BLM Geologist, said: "BLM has already accepted Sierra's Mining Plan of Operation as technically complete, and the NEPA Process is fully underway. Sierra throughout this process has been very interactive, smooth and cooperative."

"Permitting is always a long, drawn out but critically important process. The BLM and Arizona's State Agencies have worked diligently and very closely with Sierra to keep the process as streamlined and productive as possible. We are delighted to be nearing the end of this phase of the project," said J. Rod Martin, the Company's Chief Executive Officer.

The Company has also entered into preliminary discussions regarding a possible tolling agreement whereby the Company's readily available ore at the Chloride Copper Mine, already stockpiled, would be processed off-site. Special permits would be required, which the Company is presently exploring. "If a deal like this can be put together, Sierra could effectively be positively cash flowing much quicker than originally planned," said Mr. Martin.

SO - they could hire Desert Construction to simply load and truck the ore and my guess is they would aim for the Mineral Park Mine, only 2 1/2 miles away.