Lone Star Gold Begins Drilling on Mexico Property
November 08 2011 - 7:30AM
Marketwired
Lone Star Gold, Inc., (OTCBB: LSTG) announced today that they have
begun drilling on their La Candelaria gold-silver project in
Chihuahua State, Mexico.
Mexico has seen its production of gold nearly double since 2005.
According to the British Geological Survey, mined gold production
in Mexico has gone from 26,782 kilograms in 2005 to over 51,000
kilograms in 2009. Many industry players are focused on Mexico,
like AuRico Gold (NYSE: AUQ) and Brigus Gold (NYSE Amex: BRD) and
GoldCorp (NYSE: GG).
In an article by Gold Investing News, it is highlighted that
"Relative political and financial stability, legal security for
investors and its location next to one of the world's top importers
of resources are all positive factors impacting Mexico's gold
mining industry today."
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