Bluestone Resources Inc V.BSR

Alternate Symbol(s): BBSRF

Metals & Mining Industrial Metals & Minerals

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.

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Bluestone Resources Inc > OH! AND ANOTHER THING, ANGELIQUE1

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Comment by Angelique01on May 06, 2021 12:38pm

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RE:RE:RE:RE:RE:RE:OH! AND ANOTHER THING, ANGELIQUE1

Yes I would assume the multiplier effect was probably incorporated as part of that number. In order for the project to move ahead successfully it has to be a partnership with the locals and that woull not only include taxes which is specifically mentioned in the PEA but also assistance with schools, infrastructure, business and employment opportunities. Really no different than any mining developement project whether it be in Nunuvut, Burkina Faso, Mexico, BC or Quebec. With the Lundin Group involved I have extreme confidence this will be achieved.

Ang

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