SOURCE: American Sierra Gold Corp.

American Sierra Gold Corp.

October 27, 2009 09:15 ET

American Sierra Gold Corp. Appoints New Chief Financial Officer

RENO, NV--(Marketwire - October 27, 2009) - American Sierra Gold Corp. (OTCBB: AMNP), an independent gold exploration company headquartered in Reno, Nevada, is pleased to announce that Johannes Petersen has joined the Company as Chief Financial Officer and as a member of the Board of Directors.

Mr. Petersen has experience in a wide range of aspects of resource exploration, management and finance. He brings great value to the company having served as director and CFO of a number of public and private resource companies. He has worked in business planning and development for resource projects located in North America and Asia. Over the past four years, Mr. Petersen has been instrumental in raising over $17 million to fund the activities of resource projects.

On his appointment, Mr. Petersen said "I am delighted to join American Sierra in its quest for gold. I believe the Company has the right mix of ingredients for major success: a very capable team, sound financing arrangements to fund its operations and a portfolio with exciting exploration potential."

Commenting on Mr. Petersen's appointment, Wayne Gruden added: "I am pleased that Johannes has decided to join American Sierra's efforts to build a leading gold exploration company in North America. Johannes' exceptional breadth and caliber of expertise will be beneficial to the Company's future success."

Mr. Petersen has also covered several functions within the financial services industry, ranging from fixed income to currency trading. He holds a BSc in Economics from Universidad del Pacifico (Peru) and an MBA degree from the London Business School (UK).

About American Sierra Gold Corp.:

American Sierra Gold Corp. is a publicly traded independent gold exploration company headquartered in Reno, Nevada (OTCBB: AMNP). Shareholders and prospective investors are encouraged to call investor relations at 1-888-279-3921 or visit American Sierra Gold Corp's website: http://www.americansierragold.com and to subscribe to the 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 Securities and Exchange Commission (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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