SmallCapNewsRelease:(OTCBB: LSTG) Increases its Footprint in Mexico
JERICHO, NY—(SmallCapNewsRelease) August 15, 2011, Lone Star Gold, Inc. (OTCBB: LSTG) recently announced it has signed a J.V. option to purchase a 70% working interest in 1,976 acres of a gold-silver project property in Chihuahua, Mexico.
Geological studies have been done on the property as recently as 2009. Gold samples recovered during the survey have shown grading samples as high as .35 grams per ton and silver samples as high as 89 grams per ton.
Lone Star’s short term mandate is to become a mid-tier producer in Mexico with a long-term strategy of having multiple operating gold and silver mines in North America.
To view the entire press release, please visit http://finance.yahoo.com/news/Lone-Star-Gold-Inc-Acquires-iw-3809175735.html?x=0&.v=1
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