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Bluestone Resources Inc.
Summary
| Project: | Cerro Blanco | |
|---|---|---|
| Deposit: | Cerro Blanco | |
| Location: | Guatemala | |
| Commodities: | Gold-Silver | |
| Date: | 2/27/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-2-2019: Bluestone Resources Inc. announces an Exploration/Drilling Update report for its Cerro Blanco deposit at the Cerro Blanco project. Drilling results incl. 3.2m @ 18.5g/t Au, 20.9g/t Ag from 97.8m. Vancouver, British Columbia--(Newsfile Corp. - F | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: David Cass (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - February 27, 2019) - Bluestone Resources Inc. (TSXV: BSR) (OTCQB: BBSRF) ("Bluestone" or the "Company") is pleased to announce additional infill drill results from resource conversion drilling underway at its high-grade Cerro Blanco Gold project. Two LM-75 diamond drill rigs are currently situated within the North Zone of the Cerro Blanco underground workings and are targeting key veins in the upper part of the Cerro Blanco resource that can be converted to the Measured and Indicated Resource categories by infill drilling. The primary focus of the program is to upgrade the Inferred Resources identified during the previous infill drill program completed in 2018. In addition, this program is also designed to define new resources along known veins in the mine plan that extend outside of the current resource envelope. Bluestone recently announced results of a Feasibility Study on the high-grade Cerro Blanco Gold project (see press release January 29 th , 2019) where one of the principal recommendations for optimizing and further enhancing the project was through potential conversion of a portion of the 1,373,000 tonnes at 8.1 g/t Au (360,000) ounces of Inferred Resources to Measured and Indicated Resources through infill drilling. | |
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