This website contains “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). 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 anticipated approval of an environmental permit amendment by the end of the year and expected project timelines; expectations relating to social acceptance of the Cerro Blanco Project (the “Project”) and the nature of community opposition; the Company’s intention to hire and train local employees and the initiation of training programs; the Project’s expected economic benefits to Guatemala; the expected timing of the completion of offsite infrastructure and potential benefits; and the estimated value of the Project.. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to Bluestone and often use words such as “expects”, “plans”, “anticipates”, “estimates”, “intends”, “may”, or variations thereof or the negative of any of these terms.
All forward-looking statements are made based on Bluestone’s current beliefs as well as various assumptions made by Bluestone and information currently available to Bluestone. Generally, these assumptions include, among others: the presence of and continuity of metals at the Cerro Blanco Project at estimated grades; the availability of personnel, machinery, and equipment at estimated prices and within estimated delivery times; currency exchange rates; metals sales prices and exchange rates assumed; appropriate discount rates applied to the cash flows in economic analyses; tax rates and royalty rates applicable to the proposed mining operations; the availability of acceptable financing; the impact of the novel coronavirus (COVID-19); anticipated mining losses and dilution; success in realizing proposed operations; and anticipated timelines for community consultations and the impact of those consultations on the regulatory approval process.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of Bluestone to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Bluestone. Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks related to increasing community opposition to the Project and its effect on permitting and Project timelines; potential changes to the mining method and the current development strategy; risks and uncertainties related to expected production rates; timing and amount of production and total costs of production; risks and uncertainties related to the ability to obtain, amend, 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; changes in Project parameters as plans continue to be refined; title matters; risks associated with geopolitical uncertainty and political and economic instability in Guatemala; risks related to global epidemics or pandemics and other health crises, including the impact of the novel coronavirus (COVID-19); risks and uncertainties related to interruptions in production; risks related to Project working conditions, accidents or labour disputes; the possibility that future exploration, development, or mining results will not be consistent with Bluestone’s expectations; uncertain political and economic environments and relationships with local communities and governmental authorities; risks relating to variations in the mineral content and grade within the mineral identified as mineral resources from that predicted; variations in rates of recovery and extraction; developments in world metals markets; and risks related to fluctuations in commodity prices and currency exchange rates. For a further discussion of risks relevant to Bluestone, see “Risk Factors” in the Company’s annual information form for the year ended December 31, 2021, available on the Company’s SEDAR profile at www.sedar.com.
Any forward-looking statement speaks only as of the date on which it was made, and except as may be required by applicable securities laws, Bluestone disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results, or otherwise. Although Bluestone believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance, and accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. There can be no assurance that forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
This website does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Compliance with NI 43-101
Certain information in this website is derived from the results of a Technical Report & Feasibility Study of the Cerro Blanco Gold Project effective February 22, 2022, with a report date of April 6, 2022 (the “Technical Report”) prepared in accordance with NI 43-101. A copy of the Technical Report is available on the SEDAR website under the Company’s profile at www.sedar.com.
The scientific and technical information in this website has been reviewed and approved by David Cass, VP Exploration of Bluestone, a qualified person as defined in NI 43-101.
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. In addition to the information disclosed elsewhere in this website, readers should carefully consider the risks and uncertainties described in the Company’s Annual Information Form dated April 12, 2022, the Technical Report, and the MD&A for the year ended December 31, 2021 which are available at www.sedar.com. These risk factors do not necessarily comprise all of the risks to which Bluestone is or will be subject.
Maintaining the privacy of your personal information is important to Bluestone. Bluestone’s website does not collect any personal information about visitors to this website other than as discussed herein or which is specifically and knowingly provided by you. Personal information will not be transferred to any party outside of Bluestone unless otherwise stated at the time of collection. Bluestone may collect and maintain statistics relating to the number of visits to the website, the types of browsers used and the Internet Protocol address of the originator. This information is used only for internal purposes. Any material, information, or other communication (including questions, comments, or suggestions) you transmit to Bluestone through this website will be considered non-confidential and non-proprietary. In making any such transmission, you agree that Bluestone will have no obligations of any kind with respect to those communications. Where it is necessary, in order to respond to your enquiry, the communications you provide may be passed on within the Bluestone organization. By sending any communications to us, you are consenting to the personal information contained therein being transferred within Bluestone and being processed by Bluestone for these purposes. You are prohibited from posting or transmitting to or from Bluestone any unlawful, threatening, libelous, defamatory, obscene, pornographic, or other such materials, or materials or communications that may violate any law.
Links from the Website
This website may contain links to third-party websites that are not owned or controlled by Bluestone Resources Inc. Bluestone Resources Inc. has no control over, and assumes no responsibility for, the information, data, opinions, advice, statements, content, privacy policies, or practices of any third-party websites, and you access and use these websites solely at your own risk. Accordingly, we encourage you to be aware when you leave the website and to read the terms and conditions of use for each other website that you visit.