SOURCE: Century Capital Markets

August 16, 2011 07:30 ET

La Candelaria Property Could Potentially Yield $22 Billion in Gold and Silver

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the CENTURY CAPITAL MARKETS

NEW YORK, NY--(Marketwire - Aug 16, 2011) - Lone Star Gold, Inc. (OTCBB: LSTG) has announced it has entered into an agreement to purchase a 70% working interest in almost 2,000 acres in Chihuahua State.

Mexico has been a focus for the exploration of minerals for many years, with Chihuahua leading the country in silver, gold and zinc production. Many large gold and silver producers like Goldcorp, Inc (NYSE: GG), Kimber Resources, Inc (NYSE Amex: KBX) and Paramount Gold and Silver Corp (NYSE Amex: PZG) are currently uncovering deposits near Lone Star's property rights.

According to a 2009 geological evaluation, the La Candelaria property has potential reserves of 10,312,898 ounces of gold and 215,697,280 ounces of silver.

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