Lone Star Gold Inc. Announces the Official Launch of Its Corporate Website
August 01 2011 - 10:36AM
Marketwired
Lone Star Gold Inc. (OTCBB: LSTG) ("Lone Star" or "the Company") is
pleased to announce the launch of the Company's official website,
providing investors with detailed insight into Lone Star's current
portfolio; the Company's activities toward fulfilling its
short-term mandate of rapidly become a mid-tier producer in Mexico;
and its long-term strategy of having multiple operating gold and
silver mines in North America.
The website can be found at http://www.lonestargold.com, and
includes download links for a corporate brochure and fact
sheet.
"We're excited to have our website online so potential investors
can see for themselves what assets we have and what we're up to,"
said Daniel Ferris, Lone Star Gold's Company President. "And as
events continue to unfold around our exploration and development
activities, we'll be looking forward to posting those new details
on our site as much as existing and potential investors will be
looking forward to checking them out."
ADDITIONAL INFORMATION To learn more about Lone Star's official
website, the Company, and regular news updates, visit:
http://www.lonestargold.com.
ABOUT LONE STAR: Lone Star Gold Inc. is a publicly traded
(OTCBB: LSTG) gold exploration and development company based in
Albuquerque, New Mexico. The Company's aggressive acquisition and
exploration approach is strategically focused on proven, stable
precious metal regions in America and Mexico. Lone Star's La
Candelaria gold-silver project comprises ~1,976 acres (~800
hectares) of mining concessions located roughly 125 miles (200 km)
southwest of the capital city of Chihuahua State, Mexico.
Geological characteristics in the surrounding area indicate
potential for gold and silver mining. In 2009, a geological survey
and report* on the property found gold samples grading as high as
0.35 grams/ton (g/t), and silver samples grading as high as 89 g/t.
The report estimated La Candelaria's potential reserves as
10,312,898 ounces gold at an average grade of 0.20 g/t, and
215,697,280 ounces silver at an average grade of 40 g/t. Based on
the 2009 report's reserve estimates, the La Candelaria project
represents a combined potential valuation of ~$22.68B.** The
property is accessed via established roadways, and the nearby town
of Tonachi includes an airstrip and telecommunication services.
ON BEHALF OF THE BOARD OF DIRECTORS,
Lone Star Gold Inc. Daniel Ferris, Company President
This press release contains statements that are forward-looking
and which involve a number of risks and uncertainties. Such
forward-looking statements are within the meaning of that term in
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended. The
forward-looking statements in question are based on Lone Star Gold
Inc.'s current expectations and projections about future events,
based on information currently available. The forward-looking
statements found in this press release may also include statements
relating to Lone Star Gold Inc.'s anticipated financial
performance, business prospects, new developments, strategies, and
similar matters. Lone Star Gold Inc. disclaims any obligation to
update any of its forward-looking statements, except as may be
required by law.
* Geological Survey of La Candelaria Property. Luis E. Olvera
Rosas, Oct. 2009 ** Valuation = 10,312,898 oz gold x $1496.90/oz +
215,697,280 oz silver x $33.58/oz (closing NY prices, June
27/11)
Contact: Lone Star Gold Inc. 6565 Americas Parkway NE,
Ste 200 Albuquerque, New Mexico 87110 USA INVESTOR RELATIONS
Toll Free: 1-800-986-9358 E-mail: ir@lonestargold.com Web:
www.lonestargold.com
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