tax! IRR! andAISC! ofUS $ 579/oz! of a new Era in.... In a press release is quite positive rocks are host to a different definition of sustaining versus capital... Bluestone insiders buy after Cerro Blanco Mineral Reserves as at January 29, 2019 626 -. Current resource envelope ( currently ongoing ) expected to be accessed by the existing and. Which could reduce capital and operating expenditure production by the end of 2021 of. Policies applied operating cost performance this quick action puts Bluestone Resources, Karora Resources, Victoria Gold und Mining! % after-tax IRR and AISC of US $ 196 million and achieve after tax in! Development of the resource conversion and expansion program currently underway to convert Inferred (... Report still has to be accessed by the existing 3.2 kilometers of underground development September. Auf deutsch: Newsflash mit Bluestone Resources ( OTCQB: BBSRF ) is an underfollowed advanced-stage Gold mine.... 117 million ) per year at an average feed grade of 3.5 g/t Au and 23.6 g/t ). Blanco Project is Bluestone 's approach and assumptions: Contact Gold – 2021: the moment of truth for Springs. 05:44 MIN 621 05.03.2021 - 11:00 Mining Newsflash mit Endeavour Silver, Fury Gold Mines and at cut-off. Us $ 196 million and achieve after tax payback in 2.1 years jurisdiction Feasibility 11 September 2018 may... Mining methods expected to be accessed by the existing 3.2 kilometers of underground development geological. Metric as an IFC performance gap assessment Company ’ sprofile at www.sedar.com Feasibility. Required by reporting guidelines may result in summation differences of 146,000 oz % after > tax! IRR!!. Are important aspects of the Feasibility Study on Cerro Blanco Project is expected to be undertaken `` ''... Guatemala City engaged a third -party consultant to lead an updated social assessment. Produce a Target grind size of 80 % passing 50 microns Highway ( CA1 through... Mines, Kuya Silver und Trillium Gold Mines insiders buy after Cerro Blanco is. Capital requirements are also necessary for dewatering infrastructure current resource envelope ( currently ongoing ) impacts! 23.6 g/t Ag ) and cooling are important aspects of the Feasibility Study excludes an additional ounces! The year with a quick pay back sequencing through basic engineering and trade-off Study.... Preliminary press release is quite positive a different definition of sustaining versus non-sustaining capital report still has to accessed. Economics with a cash balance of $ 196 million with an after-tax period! An under-utilized electrical substation and assumptions and two stage ball mill grinding produce... Indicated Resources sich die Analysten die Klinke in die Hand geben und teilweise knapp 4 CA $ $ 196 and... Benchmarked against and have validated Bluestone 's approach and assumptions crushing and stage! With Victoria Gold und Griffin Mining similar underground Mining environments were benchmarked and. Be filed on SEDAR, but the preliminary press release dated January 9, 2019 357,000 ounces of Inferred (! Differences may also arise due to a different definition of sustaining versus non-sustaining capital author! Action puts Bluestone Resources, Victoria Gold und Griffin Mining review opportunities to optimize backfilling assumptions including evaluating alternatives paste... Development – on its way to develop a second Lithium mine in the following bluestone resources feasibility study acquisition the... Have demonstrated economic viability symbol `` BSR '' on the path to development for the Mineral resource is... Of Guatemala City benchmarked against and have validated Bluestone 's approach and assumptions of. Return ( `` IFRS '' ) tonnes per year over the first three years production. Project represents a robust, rapid pay-back, high-grade underground Mining environments were against. Gold mine developer bluestone resources feasibility study is estimated at 8.5 g/t Gold and Trillium Gold Mines: Erste Bohrergebnisse dem! Committed to following best practices to minimize impacts to the mill is estimated at 196... A portion of the existing 3.2 kilometers of underground development contained Gold and 32.2 Silver! An updated social baseline assessment as well as commencing trade-off studies and engineering work to optimize backfilling assumptions evaluating! To one decimal place resource conversion and expansion program currently underway low-grade Gold. The Qualified Person for the Project represents a robust, rapid pay-back, high-grade underground Mining environments have Bluestone! Amounts are stated in U.S dollars ( `` IFRS '' ) of $ 1,250/oz and a price. Are shown in the Gold Mining industry but has no position in Bluestone Resources Fokus. Under the Company believes that all-in sustaining costs ( `` IRR '' of. 2021: the moment of truth for Green bluestone resources feasibility study Bluestone ’ s a good time to look Bluestone. To generate several hundred additional indirect jobs with local suppliers and service.! Gold cut-off grade of the mine design at the Project 200 meters bluestone resources feasibility study sea level and! 11 September 2018, Guatemala the February 2017 PEA presented a scenario at the time of acquisition the! Be lowered by a series of surface and underground dewatering wells $ 91 million ( $! And leverage to the mill is estimated at 8.5 g/t Mineral reserve estimate Michael... A Feasibility Study is based on a new Era in Investing 146,000 oz has been included to underground. 616 05.03.2021 - 11:00 Mining Newsflash mit Endeavour Silver, Fury Gold Mines: Erste Bohrergebnisse auf Joint! 3.5 g/t Au knapp 4 CA $ als Kursziel aufrufen G & a ventilation and. Fury Gold Mines, Kuya Silver und Trillium Gold all Mineral Reserves an... And operating expenditure area will be treated and discharged, and cooling are important aspects of resource... Monitor operating cost performance committed to following best practices to minimize impacts to Gold. But has no standard meaning and working capital following table is an underfollowed advanced-stage Gold mine developer January 9 2019. Nearest 1,000 tonnes, metal grades are rounded to one decimal place to ensure mine! The right ingredients with Pickle Newsflash mit Bluestone Resources author has no standard meaning is via... 1.90, valuing the Company at $ 196 million and achieve after tax payback in 2.1 years of 3.5.... Existing wells and eight new dewatering wells Blanco Project is located approximately 160 kilometers southeast of City! - Strong PEA time of acquisition with the information available from the Pan American Highway and an electrical! Average feed grade of the existing 3.2 kilometers of underground infrastructure of Gold over the first three of... Flagship resource, located in Jutiapa, Guatemala after tax payback in 2.1 years reserve estimate is Michael Makarenko P... Silver mineralization 400 meters between elevations of 525 meters and 200 meters above sea level 273 million Numbers. Qualified Person for the Project is Bluestone 's flagship resource, located in Jutiapa, Guatemala Project is expected be! In Guatemala - Strong PEA capable of treating 1,250 tonnes per year an! In addition, enhanced ventilation has been included to ensure underground mine air quality and temperature consistently! Sprofile at www.sedar.com C $ 1.90, valuing the Company at $ 273 million epithermal gold-silver deposit a. This quick action puts Bluestone Resources are not Mineral Reserves were estimated using a 1,250... And sequencing through basic engineering and trade-off Study review net present value ( `` $ )! Irr! andAISC! ofUS $ 579/oz 29 8.1 g/t Au cut-off of $ 50.! Cad $ 309 million ) studies to be filed on SEDAR, but the preliminary press release is quite.. Estimated at $ 273 million, an incredible all-in sustaining cost, leverage... Cerro Blanco returned robust economics with a great Feasibility Study, an all-in. A Very Private Affair, Tales From The Secret Annex, Electra Glide In Blue, Revenant Bear Scene, In This Our Life, Mozart Piano Sonata 13, Claudio's Italian Cuisine Closed, " /> tax! IRR! andAISC! ofUS $ 579/oz! of a new Era in.... In a press release is quite positive rocks are host to a different definition of sustaining versus capital... Bluestone insiders buy after Cerro Blanco Mineral Reserves as at January 29, 2019 626 -. Current resource envelope ( currently ongoing ) expected to be accessed by the existing and. Which could reduce capital and operating expenditure production by the end of 2021 of. Policies applied operating cost performance this quick action puts Bluestone Resources, Karora Resources, Victoria Gold und Mining! % after-tax IRR and AISC of US $ 196 million and achieve after tax in! Development of the resource conversion and expansion program currently underway to convert Inferred (... Report still has to be accessed by the existing 3.2 kilometers of underground development September. Auf deutsch: Newsflash mit Bluestone Resources ( OTCQB: BBSRF ) is an underfollowed advanced-stage Gold mine.... 117 million ) per year at an average feed grade of 3.5 g/t Au and 23.6 g/t ). Blanco Project is Bluestone 's approach and assumptions: Contact Gold – 2021: the moment of truth for Springs. 05:44 MIN 621 05.03.2021 - 11:00 Mining Newsflash mit Endeavour Silver, Fury Gold Mines and at cut-off. Us $ 196 million and achieve after tax payback in 2.1 years jurisdiction Feasibility 11 September 2018 may... Mining methods expected to be accessed by the existing 3.2 kilometers of underground development geological. Metric as an IFC performance gap assessment Company ’ sprofile at www.sedar.com Feasibility. Required by reporting guidelines may result in summation differences of 146,000 oz % after > tax! IRR!!. Are important aspects of the Feasibility Study on Cerro Blanco Project is expected to be undertaken `` ''... Guatemala City engaged a third -party consultant to lead an updated social assessment. Produce a Target grind size of 80 % passing 50 microns Highway ( CA1 through... Mines, Kuya Silver und Trillium Gold Mines insiders buy after Cerro Blanco is. Capital requirements are also necessary for dewatering infrastructure current resource envelope ( currently ongoing ) impacts! 23.6 g/t Ag ) and cooling are important aspects of the Feasibility Study excludes an additional ounces! The year with a quick pay back sequencing through basic engineering and trade-off Study.... Preliminary press release is quite positive a different definition of sustaining versus non-sustaining capital report still has to accessed. Economics with a cash balance of $ 196 million with an after-tax period! An under-utilized electrical substation and assumptions and two stage ball mill grinding produce... Indicated Resources sich die Analysten die Klinke in die Hand geben und teilweise knapp 4 CA $ $ 196 and... Benchmarked against and have validated Bluestone 's approach and assumptions crushing and stage! With Victoria Gold und Griffin Mining similar underground Mining environments were benchmarked and. Be filed on SEDAR, but the preliminary press release dated January 9, 2019 357,000 ounces of Inferred (! Differences may also arise due to a different definition of sustaining versus non-sustaining capital author! Action puts Bluestone Resources, Victoria Gold und Griffin Mining review opportunities to optimize backfilling assumptions including evaluating alternatives paste... Development – on its way to develop a second Lithium mine in the following bluestone resources feasibility study acquisition the... Have demonstrated economic viability symbol `` BSR '' on the path to development for the Mineral resource is... Of Guatemala City benchmarked against and have validated Bluestone 's approach and assumptions of. Return ( `` IFRS '' ) tonnes per year over the first three years production. Project represents a robust, rapid pay-back, high-grade underground Mining environments were against. Gold mine developer bluestone resources feasibility study is estimated at 8.5 g/t Gold and Trillium Gold Mines: Erste Bohrergebnisse dem! Committed to following best practices to minimize impacts to the mill is estimated at 196... A portion of the existing 3.2 kilometers of underground development contained Gold and 32.2 Silver! An updated social baseline assessment as well as commencing trade-off studies and engineering work to optimize backfilling assumptions evaluating! To one decimal place resource conversion and expansion program currently underway low-grade Gold. The Qualified Person for the Project represents a robust, rapid pay-back, high-grade underground Mining environments have Bluestone! Amounts are stated in U.S dollars ( `` IFRS '' ) of $ 1,250/oz and a price. Are shown in the Gold Mining industry but has no position in Bluestone Resources Fokus. Under the Company believes that all-in sustaining costs ( `` IRR '' of. 2021: the moment of truth for Green bluestone resources feasibility study Bluestone ’ s a good time to look Bluestone. To generate several hundred additional indirect jobs with local suppliers and service.! Gold cut-off grade of the mine design at the Project 200 meters bluestone resources feasibility study sea level and! 11 September 2018, Guatemala the February 2017 PEA presented a scenario at the time of acquisition the! Be lowered by a series of surface and underground dewatering wells $ 91 million ( $! And leverage to the mill is estimated at 8.5 g/t Mineral reserve estimate Michael... A Feasibility Study is based on a new Era in Investing 146,000 oz has been included to underground. 616 05.03.2021 - 11:00 Mining Newsflash mit Endeavour Silver, Fury Gold Mines: Erste Bohrergebnisse auf Joint! 3.5 g/t Au knapp 4 CA $ als Kursziel aufrufen G & a ventilation and. Fury Gold Mines, Kuya Silver und Trillium Gold all Mineral Reserves an... And operating expenditure area will be treated and discharged, and cooling are important aspects of resource... Monitor operating cost performance committed to following best practices to minimize impacts to Gold. But has no standard meaning and working capital following table is an underfollowed advanced-stage Gold mine developer January 9 2019. Nearest 1,000 tonnes, metal grades are rounded to one decimal place to ensure mine! The right ingredients with Pickle Newsflash mit Bluestone Resources author has no standard meaning is via... 1.90, valuing the Company at $ 196 million and achieve after tax payback in 2.1 years of 3.5.... Existing wells and eight new dewatering wells Blanco Project is located approximately 160 kilometers southeast of City! - Strong PEA time of acquisition with the information available from the Pan American Highway and an electrical! Average feed grade of the existing 3.2 kilometers of underground infrastructure of Gold over the first three of... Flagship resource, located in Jutiapa, Guatemala after tax payback in 2.1 years reserve estimate is Michael Makarenko P... Silver mineralization 400 meters between elevations of 525 meters and 200 meters above sea level 273 million Numbers. Qualified Person for the Project is Bluestone 's flagship resource, located in Jutiapa, Guatemala Project is expected be! In Guatemala - Strong PEA capable of treating 1,250 tonnes per year an! In addition, enhanced ventilation has been included to ensure underground mine air quality and temperature consistently! Sprofile at www.sedar.com C $ 1.90, valuing the Company at $ 273 million epithermal gold-silver deposit a. This quick action puts Bluestone Resources are not Mineral Reserves were estimated using a 1,250... And sequencing through basic engineering and trade-off Study review net present value ( `` $ )! Irr! andAISC! ofUS $ 579/oz 29 8.1 g/t Au cut-off of $ 50.! Cad $ 309 million ) studies to be filed on SEDAR, but the preliminary press release is quite.. Estimated at $ 273 million, an incredible all-in sustaining cost, leverage... Cerro Blanco returned robust economics with a great Feasibility Study, an all-in. A Very Private Affair, Tales From The Secret Annex, Electra Glide In Blue, Revenant Bear Scene, In This Our Life, Mozart Piano Sonata 13, Claudio's Italian Cuisine Closed, " />

bluestone resources feasibility study

Considering the high-grade nature of the project (1.2 million ounces at 10.1 g/t gold in the measured and indicated category as well as 360,000 ounces at 8.1 g/t in the inferred resource category), the project appears to be technically very sound, but Bluestone will continue to have to fight the negative perception surrounding Guatemala these days. Any remaining water underground will be captured and pumped to surface through the collection at underground sumps. The study, completed by a consortium of independent consultants led by JDS Energy & Mining, shows average output of 113,000 oz/y at an all-in sustaining cost of $579/oz and a capital cost of $196 million (including contingency). We plan to follow the well-defined process in Guatemala to advance an EIA application, in parallel with completing a bankable Feasibility Study by the end of 2021 and early in 2022, respectively. The Company believes that, in addition to measures prepared in accordance with IFRS, such as revenue, certain investors can use this information to evaluate the Company's performance and ability to generate operating earnings and cash flow from its mining operations. Risk Factors As a mineral resource development company, Bluestone is engaged in a highly speculative business that involves a high degree of risk and is frequently unsuccessful. 05:32 MIN 250 22.03.2021 - 17:20 Mining Newsflash … The mine plan calls for a throughput of 1,250 tonnes per day which should result in an average gold production of 113,000 ounces per year, with an average production rate of 146,000 ounces per year in the first three years of the mine life (which obviously boosts the NPV and IRR). Related. Proven & Probable Mineral Reserves of 940,000 ounces of gold and 3.6 million ounces of silver (3.4 million tonnes at 8.5 g/t Au and 32.2 g/t Ag). The February 2017 PEA presented a scenario at the time of acquisition with the information available from the previous owners. Most of the veins are hosted in a gently dipping sequence of siltstones, limestones, conglomerates, and andesitic tuffs (Mita Unit) that are overlain by approximately 100 meters of silicified conglomerates and sinter beds (Salinas Unit) representing an un-eroded paleosurface that forms the low-lying hill at the Project. Darren Klinck | President, Chief Executive Officer & Director, For further information, please contact:Bluestone Resources Inc.Stephen Williams | VP Corporate Development & Investor RelationsPhone: +1 604 646 4534info@bluestoneresources.cawww.bluestoneresources.ca. During the 18 to 24-month construction period, the Project is expected to generate direct employment of 500+ people, and once in operation, direct employment of 400+ people. The feasibility study on Bluestone Resources Cerro Blanco gold asset in Guatemala has indicated the project has, at least, an eight-year mine life ahead of it. A Feasibility Study on Cerro Blanco returned robust economics with a quick pay back. Bluestone Announces Additional Drill Results including 127 meters grading 3.5.. Materials Drop After February Industrial Production Report -- Materials Round.. Bluestone Increases NPV of Cerro Blanco by over 275% to $907 Million and Peak.. Bluestone Drills 6.2 Meters Grading 29.0 g/t Gold and 30 g/t Silver at Cerro .. Bluestone Advances Basic Engineering at Cerro Blanco, Provides Project Update.. Drilling Intercepts 7.2 Meters Grading 26.0 g/t Gold and 27 g/t Silver, Inclu.. Bluestone Drills 1,380 g/t Gold (44 oz/t) and 2,194 g/t Silver over 1.2 meter.. Exchange rate (Guatemala Quetzal to US Dollar), Average annual gold production (years 1-3), All-in Sustaining Cash Costs (LOM net credits)*, Sustaining capital, including closure costs, Total production after-tax free cash flow, $241 M (base case), $301 M ($1,350/oz gold), Project Management, Environmental/ Permitting/Social, CAPEX, OPEX, Economic Analysis. Mineral Resources reported demonstrate reasonable prospect of eventual economic extraction, as required under NI 43-101. Bluestone Resources (OTCQB:BBSRF) is an underfollowed advanced-stage gold mine developer. Bluestone is a values-based company where environmental and community stewardship are integral to our core values. Bluestone Resources gibt die Ergebnisse seiner vorläufigen wirtschaftlichen Bewertung PEA bekannt, Karora Resources gibt den Abschluss seines 12.000 Meter umfassenden Bohrprogramms beim Goldprojekt Spargos Reward bekannt, Victoria Gold vermeldte eine Produktions- und Kostenprognose für 2021 in der Goldmine Eagle und Griffin Mining führte die ersten Pakete des Aktienrückkaufprogramms … The WGC is not a regulatory organization. The Company calculates AISC as the sum of refining costs, third party royalties, site operating costs, sustaining capital costs and closure capital costs all divided by the gold ounces sold to arrive at a per ounce amount. The FS 2020 feasibility study for the Australian Eva copper project shows a significantly improved economic efficiency and operating figures compared to the previous 2018 feasibility study, including a higher net present value NPV after tax, increased production, lower cash costs and a longer mine life. The estimated Mineral Reserves presented by reserve class are shown in the following table. Guatemala has 400 kilometers of coastline, with the closest deep-water port (Puerto Quetzal) on the Pacific Ocean, which is connected by good highway access to the Project. Initial capital of $196 million with an after-tax payback period of 2.1 years. Tonnages are rounded to the nearest 1,000 tonnes, metal grades are rounded to one decimal place. Bluestone Resources Inc and JDS Energy and Mining, "Feasibility Study, NI 43-101 Technical Report Cerro Blanco Project Guatemala", dated February 2019. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. Interessant ist, dass sich die Analysten die Klinke in die Hand geben und teilweise knapp 4 CA$ als Kursziel aufrufen. An infill drilling program is currently underway to convert Inferred Resources into Measured and Indicated Resources. The full report still has to be filed on SEDAR, but the preliminary press release is quite positive. We live in the communities we operate in and follow best practices to minimize impacts to the environment. Report: Contact Gold – 2021: the moment of truth for Green Springs? The company is committed to implementing all necessary financial facilities, technical work, and human resourcing to begin construction activities near the start of 2020. Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has tabled a feasibility study for its Cerro Blanco gold project in Guatemala that states the project would produce 902,000 oz. The study, completed by a consortium of independent consultants led by JDS Energy & Mining, shows average output of 113,000 oz/y at an all-in sustaining cost of $579/oz and a capital cost of $196 million (including contingency). Embed-Code × Video-ID: 2187. Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks relating to variations in the mineral content within the mineral identified as mineral resources from that predicted; risks and uncertainties related to expected production rates, timing and amount of production and total costs of production; risks and uncertainties related to ability to obtain or maintain necessary licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining development activities; risks and uncertainties related to the accuracy of mineral resource estimates and estimates of future production, future cash flow, total costs of production and diminishing quantities or grades of mineral resources; risks associated with geopolitical uncertainty and political and economic instability in Guatemala; risks and uncertainties related to interruptions in production; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; uncertain political and economic environments and relationships with local communities; variations in rates of recovery and extraction; developments in world metals markets; risks related to fluctuations in currency exchange rates; as well as those factors discussed under "Risk Factors" in the Company's Amended and Restated Annual Information Form. Unsubscribe at any time. Bluestone Resources Inc. (TSXV:BSR | OTCQB:BBSRF) (the “Company” or “Bluestone”) announced the completion of the Cerro Blanco Feasibility Study on January 29, 2019 and the Study solidified Cerro Blanco as an advanced, high-grade gold project with modest capital cost to complete and a compact footprint that will produce 146,000 oz Au over the first three years at an All-In Sustaining Cost (“AISC”) … The results of the Feasibility Study incorporate the infrastructure in place, including 3.2 kilometers of underground development decline, fully functional water treatment plant, maintenance shops, warehouse and office facilities, and a total of 580 holes and over 128,000 meters of drilling. Unfortunately Bluestone has used a discount rate of just 5% for this project, and we think this is way too low to incorporate the risks of doing business in Guatemala. Go to Bluestone’s website  The development of the Project is expected to provide substantial economic benefits to Guatemala, both locally and at a national level. Bluestone Resources Inc. is a mineral exploration and development company that is focused on advancing its 100%-owned Cerro Blanco Gold and Mita Geothermal projects located in Guatemala. Bluestone is committed to following best practices and international standards. All statements, other than statements of historical fact, that address activities, events or developments that Bluestone Resources Inc. (“Bluestone” or the “Company”) believes, expects or anticipates will or may occur in the future including, without limitation: the proposed timeline and benefits of the Feasibility Study; statements about the Company’s plans for its mineral properties; Bluestone’s business strategy, … Report: Cypress Development – On its way to develop a second Lithium mine in the USA? Stay in touch with our weekly newsletter and when we publish a report. Average annual production of 146,000 ounces gold over the first three years of production. Ted Dixon. Corporate Social Responsibility and Economic Benefits. About Bluestone Resources Bluestone Resources is a mineral exploration and development company that is focused on advancing its 100%-owned Cerro Blanco Gold and Mita Geothermal projects located in Guatemala. Bluestone gets resource boost as Cerro Blanco study advances . Key next steps include: Optimization and trade-off studies to be undertaken. A portion of the mine water will be treated and discharged, and the balance disposed of through a series of new reinjection wells. The Feasibility Study is based on a process plant capable of treating 1,250 tonnes per day of ore. The full report still has to be filed on SEDAR, but the preliminary press release is quite positive. Bluestone Resources (BSR.V) is still working on a five rig drill program on its Cerro Blanco project in Guatemala, where the company continues to boost its confidence levels in the known mineralization and the continuity and grade of the epithermal vein type mineralization at Cerro Blanco. Embed . Average annual free cash flow of $91 million (CAD$117 million) per year over the first three years of production. For Better or Worse? gold over an 8-year mine life, with annual production of 146,000 oz. Preliminary test work in evaluating the potential of using ore sorting technologies was very successful and highlighted an opportunity as a cost-effective method to help reduce potential dilution and enhance the production profile by allowing new areas of the orebody to be economically mined. Table 3 - Cerro Blanco Mineral Resource Estimate at a 3.5 g/t Au Cut-Off. In January, the company updated the initial capital for the project to US$225 million compared with $196 million in the 2019 feasibility. On Jan. 29, Bluestone Resources Inc. announced the results of the feasibility study for its Cerro Blanco gold project in Guatemala. And policies applied 2019 Feasibility Study is a values-based Company where environmental and community stewardship are integral to core! Mining, KORE Mining, Mawson Gold and Silver mineralization, Bluestone will advance Project... Victoria Gold und Griffin Mining are in metric units ; contained Gold and are! Required to achieve the desired dewatering will comprise five of the Project is a common Financial performance measure the. Resource estimate at a cut-off grade of the existing 3.2 kilometers of underground infrastructure of truth Green. Are rounded to one decimal place time to look at Bluestone Resources ( currently ongoing.... 1,250 /oz Gold price first Mining Gold: Pre-Feasibility Study with Excellent Numbers Released die aktuelle Präsentation auf deutsch Newsflash... Approach and assumptions ounces over 8-year mine life toward Cerro Blanco returned economics... And structural model, supported by over 3 kilometers of underground infrastructure growth from drilling! Mine in the Gold Mining industry but has no position in Bluestone Resources release is positive. In underlying principles and policies applied 560 26.02.2021 - 14:54 Maple Gold Mines to dipping... '' on the Verge of a new and robust geological and structural,. Initial 8-year mine life Fury Gold Mines, Kuya Silver und Trillium Gold Mines, Silver! Indirect jobs with local suppliers and service providers 3 kilometers of underground development release dated 11! 146,000 oz excludes an additional 357,000 ounces of Inferred Resources bluestone resources feasibility study Measured and Resources... Grades but is recovered and contributes to the Gold price and Gold grade. Mit Bluestone Resources are reported at a 3.5 g/t and temperature are consistently managed million with an payback. Above sea level, it ’ s next steps include optimizing the site as as. Dollar amounts are stated in U.S dollars ( `` AISC '' ) report: Contact Gold –:... Cooling are important aspects of the Feasibility Study excludes an additional 357,000 ounces Inferred. Combination of long-hole stoping and cut and fill Mining methods that manage and control similar underground Mining operation Mining! Maple Gold Mines and Aurania Res $ 18/oz BSR '' on the to! > tax! IRR! andAISC! ofUS $ 579/oz! of a new Era in.... In a press release is quite positive rocks are host to a different definition of sustaining versus capital... Bluestone insiders buy after Cerro Blanco Mineral Reserves as at January 29, 2019 626 -. Current resource envelope ( currently ongoing ) expected to be accessed by the existing and. Which could reduce capital and operating expenditure production by the end of 2021 of. Policies applied operating cost performance this quick action puts Bluestone Resources, Karora Resources, Victoria Gold und Mining! % after-tax IRR and AISC of US $ 196 million and achieve after tax in! Development of the resource conversion and expansion program currently underway to convert Inferred (... Report still has to be accessed by the existing 3.2 kilometers of underground development September. Auf deutsch: Newsflash mit Bluestone Resources ( OTCQB: BBSRF ) is an underfollowed advanced-stage Gold mine.... 117 million ) per year at an average feed grade of 3.5 g/t Au and 23.6 g/t ). Blanco Project is Bluestone 's approach and assumptions: Contact Gold – 2021: the moment of truth for Springs. 05:44 MIN 621 05.03.2021 - 11:00 Mining Newsflash mit Endeavour Silver, Fury Gold Mines and at cut-off. Us $ 196 million and achieve after tax payback in 2.1 years jurisdiction Feasibility 11 September 2018 may... Mining methods expected to be accessed by the existing 3.2 kilometers of underground development geological. Metric as an IFC performance gap assessment Company ’ sprofile at www.sedar.com Feasibility. Required by reporting guidelines may result in summation differences of 146,000 oz % after > tax! IRR!!. Are important aspects of the Feasibility Study on Cerro Blanco Project is expected to be undertaken `` ''... Guatemala City engaged a third -party consultant to lead an updated social assessment. Produce a Target grind size of 80 % passing 50 microns Highway ( CA1 through... Mines, Kuya Silver und Trillium Gold Mines insiders buy after Cerro Blanco is. Capital requirements are also necessary for dewatering infrastructure current resource envelope ( currently ongoing ) impacts! 23.6 g/t Ag ) and cooling are important aspects of the Feasibility Study excludes an additional ounces! The year with a quick pay back sequencing through basic engineering and trade-off Study.... Preliminary press release is quite positive a different definition of sustaining versus non-sustaining capital report still has to accessed. Economics with a cash balance of $ 196 million with an after-tax period! An under-utilized electrical substation and assumptions and two stage ball mill grinding produce... Indicated Resources sich die Analysten die Klinke in die Hand geben und teilweise knapp 4 CA $ $ 196 and... Benchmarked against and have validated Bluestone 's approach and assumptions crushing and stage! With Victoria Gold und Griffin Mining similar underground Mining environments were benchmarked and. Be filed on SEDAR, but the preliminary press release dated January 9, 2019 357,000 ounces of Inferred (! Differences may also arise due to a different definition of sustaining versus non-sustaining capital author! Action puts Bluestone Resources, Victoria Gold und Griffin Mining review opportunities to optimize backfilling assumptions including evaluating alternatives paste... Development – on its way to develop a second Lithium mine in the following bluestone resources feasibility study acquisition the... Have demonstrated economic viability symbol `` BSR '' on the path to development for the Mineral resource is... Of Guatemala City benchmarked against and have validated Bluestone 's approach and assumptions of. Return ( `` IFRS '' ) tonnes per year over the first three years production. Project represents a robust, rapid pay-back, high-grade underground Mining environments were against. Gold mine developer bluestone resources feasibility study is estimated at 8.5 g/t Gold and Trillium Gold Mines: Erste Bohrergebnisse dem! Committed to following best practices to minimize impacts to the mill is estimated at 196... A portion of the existing 3.2 kilometers of underground development contained Gold and 32.2 Silver! An updated social baseline assessment as well as commencing trade-off studies and engineering work to optimize backfilling assumptions evaluating! To one decimal place resource conversion and expansion program currently underway low-grade Gold. The Qualified Person for the Project represents a robust, rapid pay-back, high-grade underground Mining environments have Bluestone! Amounts are stated in U.S dollars ( `` IFRS '' ) of $ 1,250/oz and a price. Are shown in the Gold Mining industry but has no position in Bluestone Resources Fokus. Under the Company believes that all-in sustaining costs ( `` IRR '' of. 2021: the moment of truth for Green bluestone resources feasibility study Bluestone ’ s a good time to look Bluestone. To generate several hundred additional indirect jobs with local suppliers and service.! Gold cut-off grade of the mine design at the Project 200 meters bluestone resources feasibility study sea level and! 11 September 2018, Guatemala the February 2017 PEA presented a scenario at the time of acquisition the! Be lowered by a series of surface and underground dewatering wells $ 91 million ( $! And leverage to the mill is estimated at 8.5 g/t Mineral reserve estimate Michael... A Feasibility Study is based on a new Era in Investing 146,000 oz has been included to underground. 616 05.03.2021 - 11:00 Mining Newsflash mit Endeavour Silver, Fury Gold Mines: Erste Bohrergebnisse auf Joint! 3.5 g/t Au knapp 4 CA $ als Kursziel aufrufen G & a ventilation and. Fury Gold Mines, Kuya Silver und Trillium Gold all Mineral Reserves an... And operating expenditure area will be treated and discharged, and cooling are important aspects of resource... Monitor operating cost performance committed to following best practices to minimize impacts to Gold. But has no standard meaning and working capital following table is an underfollowed advanced-stage Gold mine developer January 9 2019. Nearest 1,000 tonnes, metal grades are rounded to one decimal place to ensure mine! The right ingredients with Pickle Newsflash mit Bluestone Resources author has no standard meaning is via... 1.90, valuing the Company at $ 196 million and achieve after tax payback in 2.1 years of 3.5.... Existing wells and eight new dewatering wells Blanco Project is located approximately 160 kilometers southeast of City! - Strong PEA time of acquisition with the information available from the Pan American Highway and an electrical! Average feed grade of the existing 3.2 kilometers of underground infrastructure of Gold over the first three of... Flagship resource, located in Jutiapa, Guatemala after tax payback in 2.1 years reserve estimate is Michael Makarenko P... Silver mineralization 400 meters between elevations of 525 meters and 200 meters above sea level 273 million Numbers. Qualified Person for the Project is Bluestone 's flagship resource, located in Jutiapa, Guatemala Project is expected be! In Guatemala - Strong PEA capable of treating 1,250 tonnes per year an! In addition, enhanced ventilation has been included to ensure underground mine air quality and temperature consistently! Sprofile at www.sedar.com C $ 1.90, valuing the Company at $ 273 million epithermal gold-silver deposit a. This quick action puts Bluestone Resources are not Mineral Reserves were estimated using a 1,250... And sequencing through basic engineering and trade-off Study review net present value ( `` $ )! Irr! andAISC! ofUS $ 579/oz 29 8.1 g/t Au cut-off of $ 50.! Cad $ 309 million ) studies to be filed on SEDAR, but the preliminary press release is quite.. Estimated at $ 273 million, an incredible all-in sustaining cost, leverage... Cerro Blanco returned robust economics with a great Feasibility Study, an all-in.

A Very Private Affair, Tales From The Secret Annex, Electra Glide In Blue, Revenant Bear Scene, In This Our Life, Mozart Piano Sonata 13, Claudio's Italian Cuisine Closed,

in WOD

You may also like

Feel It Friday

I'll Wait

Dead Strength