Oxford, MS 9/26/2011 (PennyPayDay) – Lone Star Gold, Inc. (OTC:LSTG) announced today, in a press release, the Company signed a letter of intent (LOI) on September 23, 2011, committing to the acquisition of an option to purchase a 70% interest in a gold-silver project consisting of 2 properties in Mexico: San Luis and La Colorada. LSTG is also under an e-mail promotion campaign initiated this morning by a third party investor."This new project is an ideal fit with our goal of rapidly becoming a mid-tier producer in the short term," stated Daniel Ferris, Lone Star Gold's Company President. "By expanding our portfolio in the region with mining projects that have the potential of production, we're in a far better position to take advantage of today's higher gold and silver prices through projects that can be brought into production for a fraction of the cost of much larger projects."
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