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Sierra Iron Ore Corp Will Submit Two Representative Samples

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Core Tip: Sierra Iron Ore Corp announced that it will submit two representative samples each comprising of 30 kilos of ore from a new prospective zone. The samples will be comprised of

Sierra Iron Ore Corp announced that it will submit two representative samples each comprising of 30 kilos of ore from a new prospective zone. The samples will be comprised of 10 kilo samples that will be collected from 3 holes with a minimum of 10 meters between each sample hole.

The samples will be sent to 2 independent labs for testing at the direction of two major smelters in China. The objective of the metallurgical testing is to determine the polymetallic grade of the two samples.

In addition, as previously announced on September 28th 2012, the company is collecting samples from the El Veinte Zone for metallurgical testing. The company expects to report an update on the El Veinte sample shortly. The decision to collect a sample and to conduct metallurgical testing on the El Veinte Zone is based on the previous results announced on August 27th 2012 whereby the Company reported the first assay results from its core drill program.

The results of the initial 8 drill holes included six holes intersecting significant iron bands grading 30% iron ore or greater. The initial assay results of the 6 holes are highlighted by more than 66 meters of 30% iron or better including more than 33 meters of 45% iron or better.

Mr Wally Boguski, President and CEO of Sierra Iron Ore Corp said that "The new prospective zone is believed to host a significant resource of polymetallic grade and this sample and metallurgical testing is the first step to determining the potential for future development. The Company is excited to begin sampling and testing on a 2nd prospective zone and we look forward to announcing the results after the samples have been fully processed."

 
 
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