Lone Star Gold (LSTG) Finds Gold
January 24 2012 - 7:30AM
Marketwired
Lone Star Gold, Inc. (OTCQB: LSTG) (OTCBB: LSTG) announced
yesterday that they have received results back on their initial
shallow drill holes and trace amounts of gold and silver were
present. The Company has extended their work commitment to the
property through March 11, 2012.
In a Small Cap Network article on Mexican Gold Plays, it is
stated, "Mexico overhauled a nationalistic mining law prior to
passing NAFTA and then privatized Mexican government's mining
holdings. Mexico has also made a concerted effort to increase the
transparency of its mining laws and mining regulations." These
efforts have attracted some major players to the region like AuRico
Gold (NYSE: AUQ), Brigus Gold (NYSE Amex: BRD) and GoldCorp (NYSE:
GG).
The Company expects results from ALS CHEMEX, who provides
assaying and analytical testing services for mining and mineral
exploration companies internationally, prior to the March deadline.
Further positive results could lead to further commitments from
Lone Star.
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