Thread: American Sierra Gold Corp. - AMNP

Looking at 1.03 on ask here and it looks like she may still try for that 50 MA line test of 1.08 ranges.

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American Sierra Gold Corp. Discovers New Gold-Rich Zone at El Rosario, Urique Project

Market Wire ***"US Press Releases "

RENO, NV -- (MARKET WIRE) -- 11/17/09 -- American Sierra Gold Corp. (OTCBB: AMNP), an independent gold exploration company headquartered in Reno, Nevada , is pleased to announce the discovery of a new gold-rich zone within the El Rosario mine of the Company's Urique Project , Mexico .

The highlights of the completed work program include:

- 9.74 g/t Au and 356.7 g/t Ag over 1.68 m,
- 2.16 g/t Au and 92.5 g/t Ag over 2.93 m,
- 3.60 g/t Au and 108.2 g/t Ag over 1.87 m,
- 5.65 g/t Au and 95.9 g/t Ag over 0.45 m,
- 3.69 g/t Au and 112.7 g/t Ag over 1.10 m, and
- 3.53 g/t Au and 243.1 g/t Ag over 0.40 m.


All the abovementioned results come from the underground sampling within the Rosario tunnel. This tunnel, the largest of three known workings within the El Rosario target area, was reconditioned, re-mapped and sampled in preparation for a planned underground drill program. Previously unknown extensions to the workings were encountered and sampled resulting in the discovery of the new gold-rich zone. A total of 22 samples were taken from this zone with values ranging from 0.06 to 11.57 g/t gold and 6.6 to 358.7 g/t silver.

The El Rosario target measures approximately 175 metres wide by 400 metres long and has never been drilled. It is open along strike and to depth. Multiple +1 kilogram per tonne silver assays have been collected from various veins throughout the El Rosario target. Significant silver mineralization also occurs within the altered andesite host rocks (257 g/t silver and 0.78 g/t gold over five metres), which adds to the bulk tonnage potential of the target. In 2008, surface sampling, some 150 metres above the Rosario tunnel, encountered bonanza grades of as much as 10.6 g/t gold and 8,290.0 g/t (or 241.5 ounces per ton) silver.

"We are very excited with the results of our work at El Rosario . The presence of multiple vein sets hosting high-grade silver-gold mineralization, as well as felsic intrusives related to widespread alteration and mineralization of the andesitic rocks, suggests that the El Rosario target area has the potential to expand further," commented Mr. Wayne Gruden , American Sierra's CEO.

"The new high-grade gold zone encountered may represent an ore shoot and this concept needs to be tested by drilling. We are, therefore, currently working on the preparation of an underground drilling program which we expect to initiate in the near-term and conclude in the first months of 2010," added Mr. Gruden.

Additional information on the El Rosario target can be found on the projects section of our website: American Sierra Gold.

About American Sierra Gold Corp. :

American Sierra Gold Corp. is a publicly traded independent gold exploration company headquartered in Reno, Nevada . Shareholders and prospective investors are encouraged to call investor relations at 1-888-279-3921 or visit American Sierra Gold Corp's website: American Sierra Gold and to subscribe to our email newsletter.

Forward-Looking Statements

The statements by our officers, and other statements regarding optimism related to the business, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's SEC filings under "risk factors" and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

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