VANCOUVER, Dec. 4, 2013 /CNW/ - Sierra Iron Ore Corporation (Symbol: NAA-TSXV/OTCQX:SIOCF) (the "Company") is very pleased to announce that it has received the final 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 next step of the permit process is to obtain the effective work date
that the Company can begin construction. The Company expects to
imminently receive confirmation of the start date and it is expected to
be January 2014.
The Environmental Impact Statement and the Change of Land Use approval
came after an extensive environmental study of the land where the El
Creston property is located, as well as the surrounding community. The
application and approval process is very comprehensive and involves the
following agencies; Commission Nacional Forestal(CONAFOR), Procuradoria
Federal Para el Medio Ambiente(PROFEPA), the city of Culican (Office of
the Secretary of the Government), the University of Sinaloa,
Independent Biologists, Comisio Nacional del Agua (CONAGUA or Mexican
water commission) and SEMARNAT
The permits will allow for major construction to support 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
"The final approval of the permits is an important milestone for the
company's near-term plan to be in preliminary pilot 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 1st quarter of 2014."
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 as well as
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
For further information:
contact Corey Safran at 609-228-0595, or by email at firstname.lastname@example.org.