SOURCE: Lone Star Gold, Inc.

May 08, 2013 12:06 ET

Lone Star Gold, Inc. Retains New York-Based New Media Capital Group to Assist in Strategic Planning

ALBUQUERQUE, NM--(Marketwired - May 8, 2013) - Lone Star Gold, Inc. (OTCBB: LSTG) ("Lone Star" or "the Company") announces that on May 6, 2013, the Company entered into an agreement to retain the consulting services of New Media Capital Group (NMCG) of New York. NMCG will assist Lone Star in formalizing their business plan and budget, provide guidance for sustainability and plans for growth. We will also continue efforts to source, analyze and pursue accretive acquisitions.

Taken together, NMCG's efforts will facilitate the Company's potential for contributing toward meeting global demand for commodities and precious metals. Lone Star's assets including tailings and minerals rights should allow the Company to begin realizing revenues 4-6 months after funds are secured for the construction of an onsite production facility at its Mexico operations.

New Media Capital Group's role, in concert with management, will include assisting in preparing a due diligence package, including detailed financial projections and performance analysis that ties into the Company's business plan; developing sales collateral for investors and connecting the Company with potential strategic investors or partners that could provide capital and/or industry expertise.

In addition, NMCG will use its experience from being on the buy-side and sell-side to maximize relationships and negotiations with industry resources that could leverage their universe of Retail, Institutional and Strategic Investors.

Lone Star's Company President, Daniel Ferris, commented: "Our goals have been to maximize returns for investors and our shareholders by developing revenue for the Company. We're confident NMCG is the ideal fit for helping us achieve these goals. With the help of their industry and capital markets experience and depth of network connections, we expect to find ourselves introduced to investors and strategic partners that recognize the full value and potential of the Company."

Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms in this press release, such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 10-K which may be secured from us, or from our website at http://www.lonestargold.com.

ADDITIONAL INFORMATION
To learn more about the Company and regular news updates, visit Lone Star Gold's official website: 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. Currently, Lone Star has a 70% Working Interest in concessions covering 800 hectares in the La Candelaria project in Chihuahua, Mexico, which the Company is evaluating to determine the potential sites that represent the best potential for silver and gold deposits. Lone Star also has an undivided 65% interest in the San Antonio del Potrero mine tailings project near the city of Hidalgo Del Parral in the state of Chihuahua, Mexico.

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. provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release. Lone Star Gold, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.

Contact Information

  • 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