OTC Signal Daily Stock Watch – LSTG

New York, NY - (WORLD STOCK WIRE) - November 23, 2011 -- OTC Signal tracks stocks daily and is pleased to offer its stock alerts. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Signal at the following: http://www.otcsignal.com

Today's alerts include: Lone Star Gold, Inc. (OTCBB: LSTG)

Lone Star Gold, Inc. is a gold exploration and development company based in Albuquerque, New Mexico. The Company's aggressive acquisition and exploration approach is strategically focused on proven, stable precious metal regions in America and Mexico.

Currently, Lone Star has a 70% Working Interest in concessions covering 800 hectares in the La Candelaria project in Chihuahua, Mexico, which the Company is evaluating to determine the potential sites that represent the best potential for silver and gold deposits. Lone Star also has an option to purchase a 70% interest in the Ocampo Project, a 570-hectare gold-silver project in Chihuahua State, Mexico.

Lone Star Gold, Inc. recently provided an update on the Company's two Mexico-based gold-silver projects and related ongoing due diligence activities. The update highlights associated developments, timeframes and costs.

LA CANDELARIA PROJECT

Current Shallow Drill operations have begun on the La Candelaria project. The Company's drill program plans on acquiring samples from up to 15 target areas. Toward that end, on-site ground crews have been constructing a new prepping area and have been working on developing better access roads to facilitate the drilling program. The 10-15 drill targets are targeted to reach a depth of 200 meters (~650 feet). The drill core samples will then be sent for lab analysis. Lone Star expects to incur some extra costs related to the drilling in terms of labor, fuel, transport, laboratory analysis, rentals, compressors and miscellaneous equipment.

The Company has budgeted accordingly for these expenses, which will specifically include renting or purchasing a triple-axle trailer and acquiring two further trucks over the next week to transport needed equipment to the La Candelaria property.
Initial laboratory analysis results from the drill samples are expected back from the ALS Chemex Laboratory in Vancouver, B.C., Canada, in mid to late December 2011.

Operational activities in January 2011 will include the commencement of 3-5 Deep Hole targets (600-700 meters; ~1970-2300 feet) to be drilled on the La Candelaria property. The drill targets will be confirmed once the Shallow Drilling results are fully analyzed. The Company is currently acquiring quotes for the costs associated with the drilling, and interviewing suitable drilling teams.

On January 11, 2012, Lone Star is due to make its next Work Commitment payment of $150,000, with a further property payment of $125,000 also due on the same date as described in the signed La Candelaria Definitive Agreement.

OCAMPO PROJECT (Within LOI Period)

The Ocampo Property due diligence period continues. Previously announced positive results from the on-site team have been accentuated by further field work completed to date, which has vastly increased the Company's geo-chemical and geo-physical knowledge of the entire project. Currently, the process of selecting drilling targets has begun.

All samples acquired are being securely transported through Lone Star's satellite office in the city of Chihuahua to the ALS Chemex Laboratory in Vancouver, B.C., Canada. Over the next few weeks, data from the team's field work will continue to be analyzed, studied and mapped. Included among the results will be the analysis of quartz samples from the property's southeast zone, which is expected to

To learn more about the Company's projects, and regular news updates, visit Lone Star Gold's official website: http://www.lonestargold.com.


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