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Volume 25.4K
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As of 8:10 PM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

6565 Americas Parkway North East

Suite 200

Albuquerque, NM 87110

United States

Phone: 505-563-5828

Fax: 505-563-5501

Lone Star Gold, Inc., an exploration stage company, is engaged in the exploration, acquisition, and development of gold properties. Agreements La Candelaria The company owns 70% of the issued and outstanding shares of capital stock of Metales HBG, S.A. de C.V. (Metales). Metales was assigned eight gold and silver mining concessions (the Concessions) covering property located in the town of Guachochi, state of Chihuahua, Mexico. The Concessions cover 800 hectares, or approximately 1,976 acres. The property covered by the Concessions is located approximately 125 miles southwest of the city of Chihuahua, Mexico, in the municipality of Guachochi. Mine Tailings Project In 2012, the company, acting through a newly-formed subsidiary, entered into a joint venture agreement. Under the joint venture agreement, Amiko Kay, S. de R.L. de C.V. (Amiko Kay), a company organized under the laws of Mexico, and a resident of Mexico formed a joint venture to process 1,200,000 tons of mine tailings located in the city of Hidalgo Del Parral in the state of Chihuahua, Mexico, and, after processing, to use, market and sell any minerals extracted from the tailings. The company owns 99% of the issued and outstanding membership interests of Amiko Kay. The tailings are located in the town of San Antonio del Potrero, Mineral de Jal, comprising approximately 75 hectares. History Lone Star Gold, Inc. was founded in 2007.

 

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