Kincora Copper

Bluestone Resources Grants Stock Options

Vancouver, British Columbia--(Newsfile Corp. - March 21, 2019) - Bluestone Resources Inc. (TSXV: BSR) (OTCQB: BBSRF) ("Bluestone" or the "Company") announces that subject to the TSXV acceptance, Bluestone has granted stock options to certain officers, employees, and consultants of the Company. Pursuant to the Company's stock option plan, it has granted stock options exercisable into 2,105,000 common shares in the Company. The stock options are exercisable at C$1.25 per share with a 5-year term, and will vest 1/3 upon grant, and 1/3 on each of the following two anniversary dates of the grant, being fully vested after two years.

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. A Feasibility Study on Cerro Blanco returned robust economics with a quick pay back. The average annual production is projected to be 146,000 ounces per year over the first three years of production with all-in sustaining costs of $579/oz (as defined per World Gold Council guidelines, less corporate general and administration costs). The Company trades under the symbol "BSR" on the TSX Venture Exchange and "BBSRF" on the OTCQB.

On Behalf of Bluestone Resources Inc.

"Darren Klinck"

Darren Klinck | President, Chief Executive Officer & Director

For further information, please contact:
Bluestone Resources Inc.
Stephen Williams | VP Corporate Development & Investor Relations
Phone: +1 604 646 4534
This email address is being protected from spambots. You need JavaScript enabled to view it.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


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Bluestone Resources

Last Trade: C$1.55
Daily Change: -0.01 -0.64
Daily Volume: 15,353
Market Cap: C$126.930M
Bluestone Grants Stock Options
Bluestone Resources Extends Development Drift and Samples 26.5 g/t Au Along 29.3 meters of Vein, Outlines Exploration Plans for 2020
Bluestone Resources Grants Stock Options
Bluestone Resources Enters into a US$30 Million Credit Facility with Natixis & Announces Appointment of Jack Lundin as CEO and to the Board of Directors
Bluestone Announces Updated Resource Estimate at Cerro Blanco; Increases Measured & Indicated Resources by 18% to 1.41 Moz at 10.3 g/t Au
Bluestone Resources: Cerro Blanco Drilling Delivers 11.1 m grading 8.5 g/t Au and 6.1 m grading 13.7 g/t Au; Files Final Base Shelf Prospectus
Bluestone Resources Announces Consistent High-Grade Channel Sampling Results in Development Drift averaging 22.4 g/t Au and 122 g/t Ag over 22 meters along vein
Bluestone Resources: Drilling Delivers 13.7 meters grading 11.2 g/t Au & 78 g/t Ag (13.1 meters true width)
Bluestone Resources Provides Corporate Update
Bluestone Resources: Underground Channel Sampling Delivers 20.4 meters grading 18.9 g/t Au & 33 g/t Ag (16.7 meters true width)
Bluestone Resources Drilling Delivers 7.9 meters of 19 g/t Au & 44 g/t Ag and 9 meters of 8.4 g/t Au & 53 g/t Ag at Cerro Blanco
Bluestone Resources Drills More High-grade Intercepts including 5.4 meters of 11.9 g/t Au and 84.5 g/t Ag

Balmoral Resources

Balmoral Resources

Balmoral Resources is a multi-award winning Canadian-focused exploration company actively exploring a portfolio of gold and base metal properties located within the prolific Abitibi greenstone belt in West-central Quebec, Canada. Balmoral's flagship 1,000 km2 Detour Gold Trend Project hosts the resource-stage Martiniere gold and Grasset nickel deposits. Employing a drill-focused exploration style in one of the world’s preeminent mining jurisdictions... LEARN MORE

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