Bluestone Resources is pleased to announce Guatemala's Ministry of Environment and Natural Resources approved the environmental permit amendment for the Cerro Blanco gold project to change the mining method from the existing permitted underground development to surface mining development. Peter Hemstead, President, CEO, and Chair of the Board [...]
Bluestone Resources is pleased to announce that it has extended the term of the previously announced US$30,000,000 loan with Zebra Holdings and Investments, and Lorito Holdings to a maturity date of March 11, 2025 and announces changes to the Company's board of directors effective Dec 31, 2023. Debt Facility The Loan will provide for the drawdown [...]
Bluestone Resources announced the appointment of Martino De Ciccio to the Board of Directors effective Sept 11, 2023. Peter Hemstead, President and CEO commented, "We extend a warm welcome to Martino De Ciccio as he joins our already strong Board of Directors. His corporate finance and capital markets experience will be invaluable as we continue to [...]
Bluestone Resources announced that the Company has commenced a process to explore and evaluate potential strategic alternatives to further advance the Cerro Blanco gold project and Mita geothermal project. These alternatives could include, among other things, the sale of part or all of the assets of the Company, a sale of the Company, a merger or [...]
Bluestone Resources Inc. is pleased to announce the results of voting at its annual general meeting of shareholders which was held on May 3, 2023, in Vancouver, BC . Full details of all the voting results for the 2023 Meeting are available on SEDAR at www.sedar.com. A total of 63,991,452 common shares, representing 42.3% of the votes attached to [...]
Bluestone Resources announces that pursuant to the Company's stock option plan, on Feb 2, 2023 it granted stock options exercisable into 4,080,342 common shares in the Company to certain directors, officers, and employees of the Company. The stock options are exercisable at C$0.57 per share with a five-year term, and will vest one-third upon [...]
Bluestone Resources Inc. is pleased to announce that it has extended the term of the previously announced US$30,000,000 loan with Zebra Holdings and Investments S.à.r.l, and Lorito Holdings S.à.r.l that was due to expire March 11, 2023. The Loan will provide for the drawdown of funds by the Company in tranches of not less than $1,000,000. Proceeds [...]
Bluestone Resources Inc. is pleased to announce the following executive appointments, effective immediately. Peter Hemstead will join the Board of Directors and assume the role of President and CEO of the Company, while Nevin Lau will become the CFO. Former President and CEO, Jack Lundin, will remain as a Director of the Company. However, due to [...]
Bluestone Resources Inc. provides an update to its press release dated September 19, 2022, on the Cerro Blanco Gold Project located in Guatemala. The Constitutional Court of Guatemala has issued a ruling that nullifies the referendum and its results held on September 18th in Asuncion Mita. The ruling, of definitive nature, is based on clear [...]
Bluestone Resources Inc. is focused on the development of the Cerro Blanco Gold Project. A recently completed Feasibility Study demonstrated a robust, rapid pay-back, high-grade operation that will produce 2.6 million ounces of gold over the life of mine at a first quartile all-in sustaining cost. Bluestone has made significant progress in [...]
Bluestone Resources Inc. regrets to announce the death of Mr. Lukas H. Lundin, in Geneva, Switzerland on July 26, 2022 at the age of 64, following a two-year battle with brain cancer. Over the past 40 years, Lukas Lundin was the driving force behind the tremendous success of The Lundin Group of Companies. Lukas started his career in the [...]
Bluestone Resources Inc. provides a corporate update on the Cerro Blanco gold project. Since the start of the year Bluestone has released the results of a robust Feasibility Study, advanced engineering and procurement activities, and initiated construction of key offsite infrastructure. Offsite Infrastructure During the quarter, environmental [...]
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