Lone Star Gold Signs $15 Million Equity Agreement with North American Gold Corp.

Hong Kong based North American Gold Corp. signed a $15 million equity agreement with Lone Star Gold. According to the terms of their agreement, the proceeds will specifically finance the exploration and development of the company’s Mexico based La Candelaria gold and silver mining project. Daniel Ferris, Lone Star Gold's Company President commented that the company is “fortunate to have secured a substantial equity financing agreement with a serious investor."

Now this is the type of deal we need to see at Silverado to get things going up at the Nolan! ($50 million instead of $15 million)