Stratton Holdings Inc. (STHG) announced details regarding its recently signed Joint Venture for a gold mining operation on the Sewa River in the Bo District and Kenema District of Sierra Leone West Africa, with revenues projected in excess of $16 million. The Joint Venture is between Sierra Gold Corporation Inc. and STHG's partner, Accurate Resource Development Corporation. The first in a series of such ventures, the companies will work together utilizing alluvial mining operations to harvest resource-rich river concessions beginning with a 5-acre plot. As a majority partner in the JV, Accurate Resource Development will deploy a 50-ton per hour mobile placer plant and fully operational support equipment to Sierra Leone starting 2012 with refinement of recovered ore conducted in the U.S. thereafter. In addition to frequent updates on the JV, Accurate Resource Development Corporation continues to progress with negotiations toward closing deals on attractive concessions in Northern California. Lastly, executives are thrilled to announce that Accurate Resource Development Corporation are in discussions for another concession in British Columbia, Canada. The concession has extensive drilling reports and approximately $1.2 million in drilling costs furnished to date.