ONE OF THE HIGHEST GRADE UNDEVELOPED GOLD PROJECTS

TSXV: BSR/OTC: BBSRF

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Cerro Blanco is Permitted for Production

THE CALIBER OF THIS ASSET SPEAKS FOR ITSELF

  • High-grade 1.2 Moz at 10.2 g/t gold
  • Feasibility Study returned an after-tax IRR of 34%
  • Ultra low all-in sustaining cost profile of $579/oz
  • Plans to advance the Cerro Blanco Gold project to construction
  • Mita Geothermal Potential
  • Unique advantages of high margin assets
  • Ongoing drill program and exploration upside

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Darren Klinck, Bluestone President and CEO “The Feasibility Study outlines a robust, construction ready, underground gold mine that we can rapidly advance to development. The new mine plan supports the original conviction that Cerro Blanco can be developed into a low-cost, high-margin operation that will provide substantial free cash flow for the Company. Furthermore, based on recent drill results we see significant opportunity to convert inferred ounces into the mine plan.”

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