Bluestone Resources
Bluestone Resources, founded in 2017, operates the Cerro Blanco Gold Project and the Mita Geothermal Project, focusing on sustainable and responsible mining practices.
Company History
Bluestone Resources was founded in 2017 following the acquisition of the Cerro Blanco gold and Mita Geothermal projects. Since its inception, the company has focused on developing these key assets to drive its growth and contribute to sustainable mining practices.
Cerro Blanco Gold Project
Bluestone Resources operates the Cerro Blanco Gold Project, a near-surface high-grade gold deposit with total measured and indicated (M&I) resources of 3.1 million ounces of gold. Feasibility studies for the project indicate a production potential of over 300,000 ounces per year at first quartile cash costs for an initial 14-year mine life. The project exemplifies the company's commitment to efficient and profitable gold mining operations.
Mita Geothermal Project
The Mita Geothermal Project, another key asset of Bluestone Resources, is an advanced-stage renewable energy initiative licensed to produce up to 50 megawatts of power. The project includes 18 geothermal wells and is situated just 8 km from the national power grid, underscoring the strategic importance and accessibility of this renewable energy source.
Sustainability and Responsible Mining
Bluestone Resources is committed to sustainable and responsible mining practices. The company focuses on environmental stewardship, ensuring that their mining activities have minimal impact on the surrounding ecosystems. Additionally, Bluestone places a strong emphasis on community investment, working closely with local communities to ensure that their projects provide tangible benefits to the areas in which they operate.