Bluestone's gold project takes shape in Guatemala

Canada-based Bluestone Resources estimates that its Cerro Blanco project in Guatemala could produce nearly one million ounces of gold  and more than 3 million of silver.

If all goes well, mine financing could start next year and production by the end of 2020, Bluestone says.

The company has just started a small, 4,000-meter exploration drill program to step-out within 500 meters to 1 kilometer of the deposit and test initial targets.