Symbol:-TSXV.NAA
Symbol:-OTC- SIOCF
VANCOUVER, Sept. 23, 2013 /CNW/ - Sierra Iron Ore Corporation (Symbol: NAA-TSXV/OTCQX:SIOCF) (the "Company") is very pleased to announce that it has received all of the preliminary
local, state, and federal permits required to initiate production on
the El Creston property. These permits include the Environmental Impact
Statement from the Environmental Protection Authorities (SERMANAT) and
the Change of Land Use permit.
The Environmental Impact Statement and the Change of Land Use approval
come after an extensive environmental study of the land on which the
mine is located, as well as the surrounding community, and were the
final requirements necessary to initiate operations. The Company
expects to receive the final approval for the permits within the next
60 days.
The permits will allow for construction and production on the Company's
plan for an exploration/development field work program on the El
Creston iron ore property. The program will include a preliminary pilot
testing plant operation for the purpose of testing zones at the
property.
The Company engaged Environmental Consulting Vugalit SC, a consulting
and advisory company in Mexico that specializes in guiding mining
companies through the permit process in Mexico.
"The preliminary approval of the permits is an important milestone for
the company's near-term plan to be in production on the El Creston
property," stated Wally Boguski, President and CEO. "We continue to
responsibly source, negotiate and secure the purchase of the remaining
equipment needed to advance the company to the planned development work
program. We look forward to providing the market with further updates
as we expect to begin the development program in the 2nd half of 2013."
About Sierra Iron Ore
Sierra Iron Ore is a growth focused mineral exploration company creating
value through the exploration and development of the El Creston
property located in the Sinaloa State of Mexico. The company has a
continual fieldwork program at the El Creston Property that is
comprised of drilling, mapping, sampling and planning for further
property development. Roads have been built and upgraded and equipment
has been mobilized for further developing the known magnetite zones
identified by recent exploration work.
Sierra Iron Ore also has 100% ownership of the Tom Cat property which is
located 200 kilometres east-northeast of Vancouver within the historic
Aspen Grove copper camp. The company is currently conducting an
exploration program of geological mapping and sampling program as a
prelude to a planned diamond drill program.
On behalf of The Board of Directors of Sierra Iron Ore Corporation.
Wally Boguski, Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this press
release, which has been prepared by management.
SOURCE Sierra Iron Ore Corporation
Corey Safran, Investor Relations, at 609-228-0595, or by email at corey@sierrairon.com.
Copyright CNW Group 2013