Source: Sierra Gold Corporation

Sierra Gold Corp. Announces Confirmed Delivery Schedule for Portable Extraction, Processing and Recovery Equipment

FREETOWN, Sierra Leone, April 16, 2008 (PRIME NEWSWIRE) -- Sierra Gold Corp. (Pink Sheets:SGCP) today announced that the Company has received confirmation of the delivery schedule for two self-contained high tech gold processing plants previously ordered by the Company in November 2007. The plants will be ready for shipping to Sierra Leone no later than May 1, 2008. Assuming 8-10 weeks for delivery to Freetown and an additional 2-3 weeks for delivery to the Pampana Gold Concession property and recently announced Joint Venture properties, the new portable units should be in production no later than August, 2008.

The two gold processing plants will enable Sierra Gold to process up to 20 tons of earth per hour, 10 tons per unit per hour at its mining sites, speeding up the existing gold production process considerably. Additionally, the portability of the two units will enable the company to move the gold processing plants to whatever location they deem appropriate.

Ideally suited for alluvial/placer operations, hard rock mines or sand and gravel operations, the gravity separating technology allows for cost-effective gravity separation of materials of differing densities utilizing a revolutionary, patented transverse spiral belt separator which helps the system boast recovery rates of 95%-98%. Additionally, this technology offers an environmentally friendly process with no chemicals and reduced water use.

Doug Evans, CEO of Sierra Gold, commented, "After a lengthy back ordering wait, we are very excited at the prospect that our state-of-the-art processing units will be at our production sites and in production in a mere matter of weeks. Currently we are using rudimentary and inefficient manual separation processes that utilize local labor. As such we have only been able to extract 1 Kg per month on average from the Pampana Gold Concession." He continued, "With these two units in place, processing up to 20 tons of earth per hour, we should be able to speed up production and monthly yield by a factor of 10 times or more in the short term."

About Sierra Gold Corp.

Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The greenstone belt of West Africa has had a long history of gold mining and prospecting. The region has been one of the fastest gold producing areas worldwide. Sierra Leone's neighbors, Ghana and Mali, are the second and third largest gold producers in all of Africa. To view the pictures of JV gold and local alluvial mining operations, please visit www.sierragoldcorp.com

Safe Harbor

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Sarissa Resources, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.