January 24, 2012 07:30 ET

Lone Star Gold (LSTG) Finds Gold

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the OTC REPORT

NEW YORK, NY--(Marketwire - Jan 24, 2012) - 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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