Lone Star Releases Project Timeline for La Candelaria

Lone Star Gold Inc. (OTCBB:LSTG) announced a project and funding plan for its Mexico-based La Candelaria project.

As quoted in the press release:

To help fund these exploration activities, Lone Star exercised a 3^rd $200,000 ‘Put Notice’ ($600,000 drawn in total to date), against the USD$15 million line of equity agreement the Company entered into on August 26^th, 2011. Recent funds were received on Dec 27^th, 2011 and in return for the draw down 273,972 Lone Star shares will be issued to North American Gold today.

Click here for the Lone Star Gold Inc. (OTCBB:LSTG) press release.