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SmallCapNewsRelease:(OTCBB: LSTG) Signs LOI For Two Mexican Properties


JERICHO, NY—(SmallCapNewsRelease)—September 26, 2011, Lone Star Gold, Inc. (OTCBB: LSTG) announced today it has signed a letter of intent to purchase a 70% working interest in 2 properties in Mexico.
The details of the deal structure are Lone Star has the option to acquire 70% interest in two properties, San Luis and La Colorada. Lone Star will then have a 60-90 day due diligence window to take samples of the properties for evaluation. After which a definitive option could be signed for a 3 year, $2,000,000 work commitment and cash consideration for properties.
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