Sierra Iron Ore is pleased to announce that it has arranged a non-brokered private placement to qualified investors. The Private Placement financing will consist of 5,000,000 Non-Flow through units for total proceeds of $2,000,000. Each non-flow through unit will be priced at $0.40 cents, and will consist of one common share and one-half warrant [...]
Sierra Iron Ore is pleased to announce the results of assays of samples taken and sent for laboratory testing. Two of the samples yielded greater than 55% Fe content. The 3rd sample from the Mazomique property requires further testing. The assays were carried out at the in-house analytical laboratory of Trafigura in Manzanilla, Colima, Mexico [...]
Sierra Iron Ore is pleased to provide an update on the legal action against PARADOX GLOBAL RESOURCES that owns and operates an iron ore mine on the adjacent property to the recently optioned Mazomique property that is located south of the El Creston property. As previously announced on January 8, 2013, the legal action claims that Paradox has [...]
Sierra Iron Ore is pleased to announce that it will be submitting the 2nd sample comprising of 30 kilos of ore from a new prospective zone. The sample will be comprised of a 10 kilo sample that was collected from 3 zone areas with a minimum of 10 meters between each sample location. The sample will be sent to a leading international commodities [...]
Sierra Iron Ore in conjunction with "Aztec Zinc de Mexico S.A. de C.V" has initiated legal action against a neighboring company that owns and operates a mine on adjacent property to the recently optioned Mazomique property that is located south of the El Creston property. The legal action claims that the neighboring company has illegally crossed [...]
Sierra Iron Ore is pleased to announce that it is has successfully staked additional mineral claims adjacent to the Tom Cat property in British Columbia, Canada. With the addition of the newly staked claims, the Tom Cat property is now comprised of ten contiguous mineral claims covering an area of 4013 hectares. The Tom Cat property is located 200 [...]
Sierra Iron Ore is pleased to announce that it will submit two representative samples each comprising of 30 kilos of ore from a new prospective zone. The samples will be comprised of 10 kilo samples that will be collected from 3 holes with a minimum of 10 meters between each sample hole. The samples will be sent to two independent labs for testing [...]