SOURCE: IO NewsWire

September 27, 2011 07:30 ET

Lone Star Expanding Its Mexican Footprint

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire

NEW YORK, NY--(Marketwire - Sep 27, 2011) - Lone Star Gold, Inc (OTCBB: LSTG) has signed a letter of intent committing to the acquisition of an option to purchase 70% of two gold-silver projects in southwestern Chihuahua State, the largest gold producing state in Mexico.

The company feels these projects justify onsite plants that can produce an estimated $10,000,000 annually to the company. Production numbers of this size would push Lone Star Gold up to mid-tier producer status similar to New Gold, Inc (NYSE Amex: NGD) Almaden Minerals, Ltd (NYSE Amex: AAU) and Brigus Gold Corp (NYSE Amex: BRD).

To view the companies press release please visit http://finance.yahoo.com/news/Lone-Star-Gold-Inc-Announces-iw-1781775043.html?x=0

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