Lode-Star Mining Inc. Begins ‘2016 Go Forward’ Project

CYPRESS, TX / ACCESSWIRE / November 25, 2015 / Lode-Star Mining Inc. (OTCQB: LSMG) has taken several actions in order to be in position for financing its upcoming mining operations. The Company’s board of directors has authorized the issuance of preferred stock, authorized the move of the corporate offices from Vancouver, British Columbia, Canada to Cypress, a suburb of Houston, Texas, and authorized hiring Crane Creek as strategy consultant to the Company. All of these actions are disclosed in the Information Statement filed November 24th (DEF 14C).

“Management intends to provide a sound basis for Lode-Star Mining Inc. going forward, allowing it to finance upcoming mining operations under favorable terms,” said Mark Walmesley, CEO of Lode-Star Mining Inc. “Management wants Lode-Star Mining, Inc. to transition from a ‘gold exploration’ company to a ‘gold mining’ company with producing assets.”

Per previous press release on September 30, 2015, the Company continues the process of “…permitting of the property… LSG [LSMG’s Goldfield Bonanza property] is confident that it will receive all the necessary permits and approvals it is seeking and begin bulk sampling of the Red Hills Stope Zone in 2016.”

About Lode-Star Mining Inc.

Lode-Star Mining Inc., traded on the OTC Markets’ OTCQB marketplace under the symbol (OTCQB: LSMG), is a U.S. based junior-tier mining company focused on the exploration, development, and production of North American mineral assets.

LSMG is the operator of the Goldfield Bonanza property, acquired under an option for development on December 11, 2014 from Lode-Star Gold, Inc., a private Nevada corporation. LSMG is developing the Goldfield Bonanza property, following a work program contingent upon receipt of the necessary permitting and approvals being sought. Please visit our website at OTC Markets http://www.lode-starmining.com

About Crane Creek, Inc.

Crane Creek, Inc. is a Texas based consulting organization founded in 2015 to provide micro-cap publicly traded companies with strategy consulting services to allow them to achieve valuations commiserate with their underlying asset valuation. Crane Creek, Inc.’s employees and professionals include individuals with public company management experience, private sector business operations expertise, over 20 years of information technology implementation experience, and non-profit management experience.

Contacts for Lode-Star Mining Inc.

Pam Walters
Lode-Star Mining Inc. investor relations
phone : (281) 256-7101
e-mail : info@lode-starmining.com

Forward Looking Statements

This news release may contain forward-looking statements that involve known and unknown risks, uncertainties and other factors which may cause LSMG’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Forward-looking statements reflect LSMG’s current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, investors should not place undue reliance on these forward-looking statements. Except as required by law, LSMG assumes no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.

SOURCE: Lode-Star Mining Inc.

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