Bluestone Resources Inc. announce the following executive appointments, effective immediately. Peter Hemstead will join the Board of Directors and assume the role of President and CEO of the Company. Former President and CEO, Jack Lundin, will remain as a Director of the Company.

However, due to his expanding role within the Lundin Group he will step down from his daily management responsibilities at Bluestone. Mr. Hemstead has been with the Company since the acquisition of the asset in 2017, as the CFO, where he successfully advanced the Project through feasibility studies and project financing initiatives. He has over 25 years of finance experience with the last 16 years spent in senior financial executive roles in the mining industry, including 10 years at Capstone Mining Corp., leading the finance team through the successful expansion from a development stage mining company to an intermediate producer.