For thousands of other reports visit RSC's Mineral Intellingence Map
Bluestone Resources Inc.
Summary
| Project: | Cerro Blanco | |
|---|---|---|
| Deposit: | Cerro Blanco | |
| Location: | Guatemala | |
| Commodities: | Gold-Silver | |
| Date: | 8/21/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-8-2019: Bluestone Resources Inc. announces an Exploration/Drilling Update report for its Cerro Blanco deposit at the Cerro Blanco project. Drilling results incl. 13.7m @ 11.2g/t Au, 78g/t Ag from 62.8m. Vancouver, British Columbia--(Newsfile Corp. - Au | |
| Resources: | (Resource, Inf.): 1.4Mt @ 8.1g/t Au | |
| CP/QP: | [Overall Report]: David Cass (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - August 21, 2019) - Bluestone Resources Inc. (TSXV: BSR) (OTCQB: BBSRF) ("Bluestone" or the "Company") 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 current resource. The Cerro Blanco Feasibility Study (see press release January 29, 2019) highlighted 357,000 ounces of Inferred Resources (1.4 Mt grading 8.1 g/t Au) that could be potentially converted to Measured and Indicated Resources through infill drilling. Darren Klinck, President and CEO commented, "We are pleased with the continued success of the infill drill program in the North Zone of the deposit which has been a focus for us the last six months. We expect to put out an updated resource later this year reflecting the additional information generated from the drilling in the North Zone. As well, with the positive impact this program will ultimately have on adding value to the Cerro Blanco project, we are continuing to drill, shifting our focus to the South Zone for the next several months." Highlights from initial results in the South Zone, include hole UGCB19-147 which was drilled at minus 15 degrees to the north in the South Zone underground workings and intercepted a total of seven sub-parallel sheeted veins, including Vein VS_06 which assayed 11.2 g/t Au and 78 g/t Ag over 13.7 meters. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report