June 25, 2010 09:00 ET

Sierra Resource Group Inc. to Issue 6 for 1 Stock Dividend of the Company's Common Shares

KINGMAN, AZ--(Marketwire - June 25, 2010) -  Sierra Resource Group, Inc. (OTCBB: SIRG) effective immediately will issue a 6 for 1 forward stock split.

Sierra Resource Group Inc. shareholders of record will receive (6) six common shares for every (1) one common share held. Fractional shares will be rounded up to the next largest whole share. Shareholders are not required to take any action regarding the stock split. All shareholders of record date June 25, 2010 will receive their shares from the company by mail.

About Sierra Resource Group, Inc.
Sierra Resource Group, Inc. is a U.S. based junior exploration and mining company. Sierra Resource Group Inc. owns 80% interest in the Chloride Copper Mine in Arizona, which consists of 37 unpatented lode-mining claims and 12 mill-site claims. It is located 24km northwest of Kingman, in the Wallapai District, Mohave County, Arizona. The open pit mine, and the existing SXEW processing plant operated at the site from 1995 before being idled in 1996 due to low copper prices.

The Chloride Copper Mine deposit is hosted by Late Tertiary conglomerates and, to a lesser extent, by Quaternary alluvium and Cretaceous granitic rocks. Copper mineralization at Chloride Copper Mine is in the form of mineralized lenses contained within a paleochannel approximately a few thousand feet long and up to 750 feet wide. The source of copper at Chloride Copper Mine is interpreted to be the low grade porphyry-type copper mineralization at Alum Wash, about 3.5 miles northeast of the Chloride Copper Mine deposit. The mineralization is characterized by dark blue to black rock similar to the Exotica deposit, a satellite of the huge Chuquicamata copper deposit in Chile.

The NI43-101 Report estimates that Chloride Copper Mine contains an indicated resource of 2.22 million tons grading 0.625% TCu (total copper) at a cut-off grade of 0.03% TCu and 10 ft. minimum vertical thickness (27.5 million pounds of copper).

www.sierraresgroup.com

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.