SOURCE: Market Pulse

June 11, 2007 08:30 ET

Market Pulse Breaking News Alert for Monday, June 11, 2007: SGCP - Sierra Gold Corporation Assay Results Consistently Shows 300% Greater Gold Grades Than Geologists Earlier Reported!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA--(Marketwire - June 11, 2007) - Market Pulse News Alert for this AM, Stocks to Watch are: Sierra Gold Corporation (PINKSHEETS: SGCP), National Semiconductor Corp. (NYSE: NSM), Infinera Corp. (NASDAQ: INFN) and Raven Gold Corp. (OTCBB: RVNG).

Investors need to be watching Sierra Gold Corporation (PINKSHEETS: SGCP) this AM! Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. Sierra Gold Corporation owns the mining rights of Northern Star Resources Ltd, a Sierra Leone incorporated gold and diamond mining company. The rights include a secured 40 sq/km prime mining concession located on the North Pampana River which is one of Sierra Leone's richest known alluvial gold mining rivers. The country became famous world-wide after the discovery of the Star of Sierra Leone, a magnificent 969 carat diamond. In 2002, a 1440 carat, gem quality diamond was discovered in Kono which was later sold in Belgium for $75 million. Sierra Gold recently announced that gem quality diamonds have been confirmed on the Pampana North Property as a result of recent test samples from the company's ongoing bulk sampling program. The company needs to do more extensive testing to determine the potential value of the diamonds. The value of the gold reserves is estimated at $586,404,000 and does not include any diamond potential. Sierra Gold's short and long term cash flow is positive. The company plans to aggressively expand its mining profile with high quality explorations projects. Sierra Gold's aim is to acquire and develop gold and other precious and base mineral properties to increase shareholder value. SGCP is poised to become a significant player in the mining industry! SGCP has had several excellent news announcements out lately and one again before today's opening bell announcing assay results consistently shows 300% greater gold grades than geologists earlier reported! Investors should be watching this one closely!

Sierra Gold Corporation (PINKSHEETS: SGCP) has just received results from its April, 2007 bulk-sampling program. Sample concentrates taken from the Pampana River showed assay results of 32g/ton of gold. Assay results from samples taken from the Pampana North property over the last year have given gold grade values approximately 300% higher than those reported by Geologist, Alieu Madhi. The report stated the estimated value of the gold reserves is over US$600 million based on US$659.10 /ounce (May 31 second London Fix price).

The company will continue its comprehensive bulk-sampling program to corroborate Madhi's report. The estimated gold values do not include the gold hard rock potential for the property nor the potential for precious metals and diamonds, which the company is presently investigating.

Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa, which is one of the fastest growing gold producing regions in the world. The company will continue to conduct extensive research and development of high quality mineral exploration projects.

Stocks in the news and acting well as of late include: National Semiconductor Corp. (NYSE: NSM), Infinera Corp. (NASDAQ: INFN) and Raven Gold Corp. (OTCBB: RVNG).

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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: Sierra Gold Corporation compensation from a third party shareholder: four hundred fifty thousand free trading shares of stock in Sierra Gold Corporation already received from a third party shareholder. To date, MP has sold four hundred thousand shares of stock in Sierra Gold Corporation for proceeds totaling fifty five thousand five hundred dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. and Market Pulse Breaking News Alert are owned by Market Pulse LLC.

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