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Bluestone Resources Inc V.BSR

Alternate Symbol(s):  BBSRF

Bluestone Resources Inc. is a Canada-based precious metals exploration and development company. The Company is focused on opportunities in Guatemala. Its flagship asset is the Cerro Blanco Gold Project, a near surface mine development project located in Southern Guatemala in the department of Jutiapa. The Cerro Blanco gold project is located in southeast Guatemala approximately 160 kilometers by road from the capital, Guatemala City. It is located in the Jutiapa Department, approximately nine kilometers west of the border with El Salvador. The Company owns a 100% interest in Mita Geothermal through its subsidiary, Geotermia Oriental de Guatemala, S.A. Mita Geothermal is a geothermal energy resource located adjacent to Cerro Blanco and is seven kilometers from the Pan American Highway near the town of Asuncion Mita, in the region of Jutiapa in Guatemala. The Mita Geothermal project is located in southeast Guatemala approximately 160 kilometers by road from the capital, Guatemala City.


TSXV:BSR - Post by User

Post by seajuston Jan 27, 2021 9:57am
138 Views
Post# 32397882

from Canaccord Morning paper......

from Canaccord Morning paper......
Dotting the i’s and crossing the t’s •
Over the last 6-8 months, Bluestone has significantly de-risked the Cerro Blanco project by completing further project optimization studies and basic engineering • The purpose of this work program, which was supported by G Mining Services, was to solidify the mine plan, establish more detailed, real time cost estimates, and develop a project execution plan to ensure a smooth transition into construction • On the back of these studies, and ongoing exploration success, Bluestone announced that it will now issue an updated resource estimate and updated mine plan in H1/21 •
Within the release, Bluestone provided high-level results of an interim study, which incorporates the results of both completed basic engineering and various trade-off studies
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