Bluestone Resources Inc. announces that pursuant to the Company's stock option plan, on January 24, 2020 it granted stock options exercisable into 500,000 common shares in the Company to certain officers and employees of the Company. The stock options are exercisable at C$1.47 per share with a five-year term, and will vest one-third upon grant, and [...]
Bluestone Resources Inc. is pleased to announce that it has entered into a US$30 million credit facility with Natixis. Natixis is a French multinational financial services firm, and one of the lending banks in connection with a potential senior debt project financing package . The proceeds from the Credit Facility will be used for detailed design [...]
Bluestone Resources Inc. is pleased to announce a new high-grade mineral resource estimate for the Cerro Blanco Gold project in Guatemala. Over the last nine months Bluestone has completed an infill drill program focused on converting Inferred Resources identified in the Feasibility Study into Measured and Indicated categories. The Cerro Blanco [...]
Bluestone Resources Inc. is pleased to announce additional high-grade drill assays from its ongoing infill resource conversion program at its Cerro Blanco Gold project. Several high-grade intercepts were drilled including: 1.0 meter grading 28.6 g/t Au & 186.0 g/t Ag 5.2 meters grading 8.2 g/t Au & 10.8 g/t Ag 6.1 meters grading 13.7 g/t Au & 10.8 [...]
In the news release, Bluestone Announces Re-opening of Pinnacle Preparation Plant, issued 18-Sep-2019 by Bluestone Resources Inc. over PR Newswire, we are advised by the company that wording in the second and third paragraphs has changed. The complete, corrected release follows: Bluestone Announces Re-opening of Pinnacle Preparation Plant Today [...]
Today, Bluestone Resources Inc. announced that as market conditions have improved, it will be re-opening the Pinnacle Preparation Plant and re-hiring many of the impacted workers. "Bluestone Resources is pleased to announce the re-opening of the Pinnacle plant," said Jay Justice. "Since the recent temporary shutdown – brought on by a drop in [...]
Bluestone Resources Inc. is pleased to announce results from channel sampling of high-grade veins within two separate development headings in both the North and South zones of the Cerro Blanco underground workings. Early underground development and mining activities using Bluestone's mine equipment and personnel are being undertaken as part of an [...]
Bluestone Resources Inc. is pleased to announce additional high-grade drill assays from its ongoing infill resource conversion program at its Cerro Blanco Gold project. The focus of the current drill program is the conversion of Inferred Resources within key veins in the upper part of the Cerro Blanco ore body and vein extensions outside of the [...]
Today, Bluestone Resources Inc. announced the purchase of the ERP Compliant Coke LLC plant in Birmingham, Alabama. Bluestone is owned by the Justice family and is led by Jay Justice, son of West Virginia Governor Jim Justice. The plant, which was in danger of closure, employs 210 workers, the majority of whom are members of the United Steelworkers [...]
Bluestone Resources Inc. is pleased to provide a Corporate Update outlining the significant progress achieved over the past two years and key initiatives underway or planned for the remainder of 2019. Key Highlights: Completed Cerro Blanco Feasibility Study demonstrating robust, near-term gold development project producing an average of 146,000 oz [...]
Bluestone Resources Inc. is pleased to announce channel sampling results taken across high-grade veins exposed in a recently opened cross-cut located in the North Zone of the Cerro Blanco underground workings. The samples were taken as horizontal channels perpendicular to the strike of the veins. Cross-cut N734 was sealed off by the previous [...]
Bluestone Resources Inc. is pleased to announce additional high-grade drill assays from its ongoing infill resource conversion program at its Cerro Blanco Gold project. The Cerro Blanco Feasibility Study highlighted 357,000 ounces of Inferred Resources that could be potentially converted to Measured and Indicated Resources through infill drilling [...]
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