bunnawan reinstated, page-3

The Directors of Sierra Mining Limited (“Sierra”) are pleased to advise that on 22
November 2012 the Mines and Geosciences Bureau (“MGB”) reversed the Order of
Denial dated 09 June 2009 in relation to EXPA No. 000037-XIII (which forms part of the
Company’s Bunawan Project), paving the way for completion of the permitting process.
The main driver for the MGB’s favorable decision was the National Commission of
Indigenous Peoples (“NCIP”) en banc Resolution No. CEB-073-2012, discussed in
Sierra’s ASX announcement of 16 October 2012.
Luchy Country if you still have not read. Its sounds like it is a matter of paper work now very promising I think!

Sierra’s local associate company is continuing the process of NCIP approvals, including
the Field Based Investigation and mandatory Free and Prior Informed Consent from the
relevant Ancestral Domain Titleholders. This will be followed by final review at the MGB
Central Office, Manila.
Managing Director, Matt Syme, said “This is an important step forward in the Company
securing its rights under EXPA 000037-XIII. In effect it means the previous problems
which prejudiced those rights have now been dealt with by both the NCIP and the MGB.
The Company is therefore free to pursue the normal permitting process for this very
prospective project.”
Enquiries: Matt