VANCOUVER,
Dec. 11, 2013 /CNW/ - Sierra
Iron Ore Corporation (Symbol: NAA-TSXV/OTCQX:SIOCF)
(the "Company") is pleased to announce that it has
made significant advancements to support the Company's plan for an
exploration/development field work program on the the
Mazomique iron ore property. The Mazomique property is
the Company's 2nd prospective optioned iron ore property
that is expected to be in development. The Company's El Creston
property recently received final permit approval to start major
construction.
The Company's plan is to conduct a re-con
prospecting and geological geo-physics program on the Mazomique
property to analyze the iron ore potential of the exposed ore
zones. The study will also include a scoping study.
The Mazomique iron ore property, similar to the
nearby El Creston Iron property is ideally located geographically
for the export of iron ore. The property is located approximately
100 kilometers from a major west coast port in Mexico. The highway infrastructure has
recently been upgraded and the local roads to the property are now
complete.
About Sierra Iron Ore
Sierra Iron Ore
is a growth focused mineral exploration company creating value
through the exploration and development of the El Creston property
and the Mazomique Property located in the Sinaloa State/ Chihuahua
states of Mexico. The company has
Permit approval on the El Creston Property planning for immediate
further property development. Roads have been built and upgraded as
well as equipment has been mobilized for further developing the
known magnetite zones identified by recent exploration work.
On June 18, 2012,
the company announced that it has entered into an agreement (the
"Mazomique Agreement") with Aztec Zinc de Mexico S.A. de C.V. (the
"Owner"), an arm's-length party, to acquire up to an 80% interest
in a highly prospective iron ore property (the "Mazomique
Property") comprising of one concession covering an area of
3,055.27 ha near the northeast boundary of Sinaloa and Chihuahua states
Sierra Iron Ore
also has 100% ownership of the Tom Cat property which is located
200 kilometres east-northeast of Vancouver within the historic Aspen Grove copper camp. The company is
currently conducting an exploration program of geological mapping
and sampling program as a prelude to a planned diamond drill
program.
On behalf of The Board of Directors of
Sierra Iron Ore Corporation.
Wally Boguski,
Director
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this press release, which has been
prepared by management.
SOURCE Sierra Iron Ore Corporation