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 [...]
Bluestone Resources Inc. is pleased to announce the results of voting at its annual general meeting of shareholders which was held on May 18, 2022, by conference call . Full details of all the voting results for the 2022 Meeting are available on SEDAR at www.sedar.com. The nominees for directors listed in Bluestone's management proxy circular dated [...]
Bluestone Resources Inc. announces the details of the Annual General Meeting of Shareholders , whereby shareholders and interested stakeholders can join the conference call , scheduled on May 18, 2022, at 9:00 a.m. Pacific Standard Time. In order to mitigate risks to the health and safety of the community, shareholders, employees, and other [...]
VANCOUVER, BC, April 6, 2022 /CNW/ - Bluestone Resources Inc. is pleased to announce the Company has filed its Feasibility Study for the Cerro Blanco Gold Project on SEDAR at www.sedar.com and on the Company's website at www.bluestoneresources.ca. The Technical Report, entitled "N.I. 43-101 Technical Report & Feasibility Study on the Cerro Blanco [...]
Bluestone Resources Inc. announces that pursuant to the Company's stock option plan, on March 17, 2022 it granted stock options exercisable into 2,268,000 common shares in the Company to certain officers and employees of the Company. The stock options are exercisable at C$1.91 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 established a US$30,000,000 loan with Zebra Holdings and Investments S.à.r.l, and Lorito Holdings S.à.r.l . The Loan will provide for the drawdown of funds by the Company in tranches of not less than $1,000,000. Proceeds will be primarily used for general corporate purposes and to advance [...]
Bluestone Resources Inc. is pleased to announce the results of the Feasibility Study for the Cerro Blanco Gold Project . The Study demonstrates a robust, rapid pay-back, high-grade operation at a first quartile all-in sustaining cost . Jack Lundin, President and CEO, commented, "The Feasibility Study highlights some of the best economics for a gold [...]