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Miner buys Guatemala geothermal project

Tuesday, March 7, 2017


As part of an announcement on fundraising, Canadian Bluestone Resources reports wanting to use proceeds of a private placement offering for the acquisition of the Cerro Blanco gold project and the Mita geothermal project from Goldcorp. The rights issue is valued of up to $80 million (Canadian dollar).

The company announced the acquisition of both projects in Guatemala in January this year.

Source: Think Geoenergy