Western Sierra Resource Corporation Provides Update on Progress to Become a Multi-Project Natural Resource Company - Seite 2

SSMG-Sage Hen Mining Project
As stated in prior announcements, the Company’s officers and directors have committed to funding the $10 million Sage Hen Mining Project without issuing any new shares. The next $2.5 million is scheduled to transfer from WSRC to SSMG within the next 30 days to allow completion of the permitting necessary for construction of the 100 ton per day pilot plant. The Company is in the process of acquiring additional acreage in the area for future expansion and projects. In order not to create unnecessary competition we will make claim locations public as soon as this process is completed. The enhanced microscopic recovery technologies employed by SSMG continue to demonstrate superior results.

Helium Project
The WSRC Helium Joint Venture has been expanded to also include conventional oil and natural gas exploration identified using proprietary and open source geological and geophysical data to identify areas with potentially significant oil and natural gas reserves. Several areas within the boundary of the Helium production project have been assessed as viable oil and gas prospects and are now under negotiation for drilling rights. The joint venture anticipates developing 3 to 6 projects per year beginning in 2022.

About Western Sierra Resource Corporation:
Founded in 1907, Western Sierra Resource Corporation (a Utah corporation), has 114-year history as gold and silver mining company with projects in Arizona, Nevada, California, and Mexico. WSRC currently owns six precious metal reserves in Arizona. In 2014 the Company broadened its vision to include natural (and renewable) resources with its acquisition of water rights and associated infrastructure assets in Colorado for purposes of irrigating and cultivating industrial hemp; processing hemp for manufacture of various building products; and for construction of affordable homes utilizing hemp-based materials—among other beneficial uses. Commercial, Industrial, and Agricultural land for these purposes has been recently acquired.

WSRC is not a subsidiary of any other company. WSRC and Global Hemp Group (GHG) have formed an association through a swap of Preferred Stock to utilize WSRC's $40+ million in Water and Infrastructure Assets and GHG's extensive experience with industrial hemp (and financial resources) in a collaborative effort to develop a Hemp Agro-Industrial Zone ("HAIZ") in Northwest Colorado.