Western Sierra Mining (OTC WSRA) Releases 2009 Gold Production Update; Cash Flow Est. $.04 Per Share
Prescott, AZ – Western Sierra Mining Corp., (OTC: WSRA – News) today announced that the company has released their 2009 Gold Production Update detailing Western Sierra’s Phase I development Plans to commence and enhance gold mining simultaneously on the Gold Basin, Gold River and BlueBell/ Desoto properties as one overall mining project. The Gold Basin and Gold River Mines have in excess of one billion dollars in total reserves, and at commercial production levels our Phase One Projected Cash Flow is forecast at approximately $9.9 million dollars or roughly $.04 per share for the Gold River and Gold Basin Mines alone.
To view a full copy of the 2009 Gold Production Update please go to http://www.kitco.com/leadgen/companies/westernsierra/ where you may also register for updates and request detailed financial analysis concerning Western Sierra’s Gold Mining Operations.
Western has invested over $800,000 of its own funds to prepare these mines for operations, and over the past six months we have raised funds internally to make the transition from an acquisition and exploration company to a revenue based gold and silver production company.
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