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While production and development efforts have historically focused on claims and mining operations within the Western United States and Mexico , we have recently completed our initial objectives in the acquisition of eight mining claims in the Bradshaw Mountains of Arizona. They are: The Sun Gold Group, The Big Chief Group, The Oro Cache Mine, The Eagle Mine and The Treasure Gulch Mine. Total reported gold reserves for this group are approximately 500,000 oz of gold and 900,000 oz of silver as follows: 100,000 oz Au proven, 400,000 oz Au probable/indicated and 550,000 oz Ag proven and 350,000 oz Ag probable/indicated. Additionally, we have entered into a lease/purchase option contract for the Gold Basin Mine with total reported gold reserves of approximately 150,000 oz Au proven and 400,000 oz Au probable/indicated.
These core mines with an aggregate of over 1,000,000 ounces of gold and approximately 900,000 ounces of silver form the foundation of our Phase One Operational Plan to transition Western Sierra from an acquisition and exploration company to a revenue based gold and silver production company, with an eventual eye towards a senior exchange listing for our company's shares.
Phase Two Acquisitions and Developments are in process as well; Western Sierra will release data on these developments as it becomes available.
In addition to our core mining and processing operations Western Sierra also provides a variety of services to the mining industry including project management, project certifications and evaluations, mine engineering and environmental permitting. In all aspects of our forward looking business plan we intend to be rely on our guiding core philosophy of concentrating on low cost, potentially high profit margined operations to focus on the creation of equity for our shareholders.
Please explore this site to learn more about our company and its operations, and feel free to contact us with any questions.
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