Dallas, Texas: StockGuru announces The StockGuru Spotlight for Monday, July 23, 2012: Lone Star Gold (OTCBB: LSTG)
Lone Star Gold, Inc. (OTCBB: LSTG) is pleased to provide an update on its Tailings Project operations and expansion near the city of Hidalgo Del Parral in the state of Chihuahua, Mexico.
Two out of Lone Star’s three on-site washing jigs are now complete and operational. The jigs enable the Company to more than double the assay results for the project’s tailings by separating the heavy mineral-rich material from the lighter worthless material in the tailings. To date, Lone Star has been pre-washing material for 2 months to maximize the silver and gold content per ton of material to be shipped to 1 of 2 nearby floatation and leaching plants in Parral.
The first processing plant selected in Parral was unexpectedly offline for the last few months and is now being run by the state government under a new management team that arrived at the plant on June 1st. The new management decided to retrofit multiple of the major components in the plant’s crushing stages and automate some of the conveyor system. The plant is expected to resume processing by mid-July.
For more information on LSTG, please visit: http://stockguru.com//tag/lstg/
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