Momentum Public Relations
Press Release: February 14, 2019
Bluestone Resources Inc. (TSXV: BSR) (OTCQB: BBSRF) (“Bluestone” or the “Company”) is pleased to announce that the 43-101 feasibility study technical report for the Cerro Blanco Gold Project in Guatemala has been filed and is available for review under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at www.bluestoneresources.ca.
The recently released feasibility study results (see News Release dated January 29, 2019) demonstrate the project’s robust, rapid pay-back, high-grade, development-ready underground gold mine with a modest capital expenditure and superior economics.
About Bluestone Resources
Bluestone Resources is a mineral exploration and development company that is focused on advancing its 100%-owned Cerro Blanco Gold and Mita Geothermal projects located in Guatemala. A Feasibility Study on Cerro Blanco returned robust economics with a quick pay back. The average annual production is projected to be 146,000 ounces per year over the first three years of production with all-in sustaining costs of $579/oz (as defined per World Gold Council guidelines, less corporate general and administration costs). The Company trades under the symbol “BSR” on the TSX Venture Exchange and “BBSRF” on the OTCQB.
On Behalf of Bluestone Resources Inc.
“Darren Klinck“
Darren Klinck | President, Chief Executive Officer & Director
For further information, please contact:
Bluestone Resources Inc.
Stephen Williams | VP Corporate Development & Investor Relations
Phone: +1 604 646 4534
iinfo@bluestoneresources.ca
www.bluestoneresources.ca