Lone Star Gold, Inc. Signs Tailings Project Joint-Venture Agreement and Exercises $300k Draw Down Against $15 Million Line of Equity
Lone Star Gold, Inc. is pleased to announce that on January 26, 2012, the Company signed a Joint Venture Agreement with the specially formed Mexican subsidiary company, AMIKO KAY, S de RL de CV, and Miguel Jaramillo to process 1.2 million tons of mine tailings at the San Antonio del Potrero mine tailings project. Lone Star acquired an undivided 65% interest in the Tailings Project, which is located in the city of Hidalgo Del Parral in the state of Chihuahua, Mexico.