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Firestone Ventures Announces Nevada Drill Plans and Provides Corporate Update
Published : March 24, 2011
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Mots clés associés :   Guatemala | Zinc |

EDMONTON, ALBERTA--(Marketwire - March 24, 2011) - Firestone Ventures Inc. ("Firestone" or the "Company") (News - Market indicators)(FRANKFURT:F5V) is pleased to announce an update on planning for the diamond drill program at its Black Mountain zinc-lead-silver property, located 29 km northeast of Wells, Nevada, U.S.A. Firestone Ventures has an option to earn 100% interest in the Black Mountain project from Kinross Gold (see news release Nov. 29, 2010). Black Mountain has excellent road access and is in close proximity to power and railroad lines.

"We expect to start drilling in May, 2011 contingent on snow conditions," says Lori Walton, President of Firestone Ventures Inc. "We are excited to begin our first drill program in Nevada, which is timely considering the strong long-term outlook for zinc. In addition we have started the permitting process for our second drill program in Nevada at the Antelope zinc-lead-silver property southwest of Eureka."

The drill program at Black Mountain will consist of a minimum of 12 drill holes totalling 1,245 m targeting four areas identified from Firestone's surface exploration program (see news release Nov. 30, 2010). The drill holes are expected to range between 40 m to over 300 m depth. A map showing the zones is available at www.firestoneventures.com

Corporate Update – Advisor Appointed to Firestone Ventures Inc.

Firestone is pleased to announce the appointment of Jesse Duke, P.Geo. as Advisor to the Company. Mr. Duke is currently the principal of Ibex Valley Consulting. He was recently the Manager of an environmental consulting firm and Director of Mineral Development for the Government of the Yukon. His expertise involves managing complex multidisciplinary projects, government and First Nations relations, mineral policy and major mine project permitting and licensing. He has extensive experience dealing with public communications, dispute resolution, stakeholder consultations and community relations for major mining projects. Mr. Duke graduated from the University of Alaska with a B.Sc. in Geology. He is a professional geoscientist registered with the Association of Professional Engineers and Geoscientists of British Columbia.

In other news, Firestone is pleased to announce that the earn-in period stipulated in a formal option agreement to earn 100% interest in the Selegua and Saturno II concessions in Guatemala has been extended by two years. These concessions surround the Company's Torlon Hill zinc-lead-silver project and cover Permian carbonate formations which are considered to have excellent potential for zinc and lead mineralization. Under the original terms of the option agreement Firestone Ventures was to make a cash payment to the vendor of USD $5,000 and incur USD $250,000 in exploration expenditures by March 5, 2010 of which a total of USD $35,000 was to be spent by the end of the first year. The agreement has been amended so Firestone paid an additional USD $10,000 on March 5, 2011 and has until March 5, 2013 to incur a total of USD $325,000 in exploration expenditures. A 1.5% NSR is reserved for the vendor, of which 0.5% may be purchased anytime by Firestone for $1,000,000. An additional 2% NSR is reserved for an underlying vendor. The agreement was previously amended March 5, 2010.

This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding potential mineralization, exploration results, resource or reserve estimates, anticipated production or results, sales, revenues, costs, "best-efforts" financings or discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in Company documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com. The Company disclaims any intention or obligation to revise or update such statements unless required by law. 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Firestone Ventures Inc.
Lori Walton, P.Geol.
President
Toll Free: 1-888-221-5588
(780) 428-3476 (FAX)
info@firestoneventures.com
www.firestoneventures.com
Données et statistiques pour les pays mentionnés : Guatemala | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Guatemala | Tous

Firestone Ventures

EXPLORATEUR
CODE : FV.V
ISIN : CA3183182011
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Firestone Ventures est une société d’exploration minière d'argent et de plomb basée au Canada.

Firestone Ventures détient divers projets d'exploration au Guatemala.

Ses principaux projets en exploration sont ANTELOPE PROJECT en USA et QUETZAL et TORLON HILL au Guatemala.

Firestone Ventures est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 6,1 millions CA$ (4,9 millions US$, 4,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 28 février 1997 à 9,90 CA$, et son plus bas niveau récent le 01 janvier 2016 à 0,01 CA$.

Firestone Ventures possède 36 823 991 actions en circulation.

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Rapports annuels de Firestone Ventures
2008 Annual report
Annual Report 2007
Financements de Firestone Ventures
05/11/2012Announces Closing of Private Placement
13/09/2012Announces Non-Brokered Private Placement
16/02/2012Closes Private Placement and Extends Expiry Date of Outstand...
18/04/2011Finavera Wind Energy Closes Over-Allotment Option on Flow-Th...
28/06/2008and Northern Tiger Resources Inc. - Completion of Plan of Ar...
10/04/2006Announces private placement
Nominations de Firestone Ventures
18/06/2012Appoints New Directors and Chairman and Announces AGM Result...
03/04/2012Appoints Dr. K. Barron and Mr. T. Tucker to Advisory Board
20/12/2011Announces Executive Vice President Appointment
22/05/2006announces CFO appointment
Rapports Financiers de Firestone Ventures
27/06/2011Finavera Wind Energy Provides Corporate Update and Releases ...
Projets de Firestone Ventures
24/04/2013Files Positive Preliminary Economic Assessment Technical Rep...
22/03/2012Announces Additional Results from La Luna Zn-Pb-Ag Property ...
16/01/2012to exhibit at Vancouver Resource Investment Conference: Jan....
13/09/2011Announces New "La Luna" Zinc-Lead-Silver Project in Guatemal...
28/07/2011Commences Drilling at Black Mountain Zinc-Lead-Silver Projec...
02/06/2011(Torlon Hill)on AmmLeach=AE Study for Firestone's Torlon Hill Zinc-Lead-S...
04/03/2011(Torlon Hill)Positive Test Results from First Round of Metallurgical Test...
21/07/2010(Antelope Project)Expands Antelope Zinc-Lead-Silver Property and Starts Fieldw...
18/05/2010Reports High-Grade Zinc-Lead-Silver Assays from Quetzal Proj...
09/09/2009(Torlon Hill)Announces Exploration Plans for Zinc Properties in Guatemala
16/07/2009(Torlon Hill)Defines new Zinc-Lead-Silver Soil Anomaly at Torlon Hill
13/01/2009(Torlon Hill)43-101 Technical Report on Torlon Hill Zinc-Lead Project
10/12/2008(Torlon Hill)Completes Additional Positive Metallurgical Testwork on the ...
18/11/2008(Torlon Hill)Announces Torlon Hill Zinc-Lead Resource Estimate
17/09/2008(Torlon Hill)Completes Positive First Round of Metallurgical Testwork on ...
25/07/2008(Torlon Hill) drills four m of 16.15% Zn at Torlon Hill
24/07/2008(Torlon Hill)Intersects 4.00 Metres of 16.15% Zinc and Expands Area of Hi...
02/06/2008(Torlon Hill)Intersects 6.63 Metres of 29.41% Zinc, 5.50% Lead at Torlon ...
28/05/2008(Torlon Hill)Project Update
15/04/2008(Torlon Hill)Intersects 19.81 Metres of 10.01% Zinc, 4.66% Lead at Torlon...
15/04/2008(Torlon Hill)Intersects 19.81 Metres of 10.01% Zinc, 4.66% Lead at Torlon...
19/03/2008Intersects 15.3 metres of 10.1% Zinc including 2.7 metres of...
03/03/2008(Sonora Gulch)Plans Spin-out of Canadian Properties and Signs Memorandum o...
28/02/2008(Alberta Sun) Reports New Uranium Targets at Alberta Sun Project
26/02/2008(Torlon Hill)Update on Firestone Ventures 2008 Drilling Program at Torlon...
01/02/2008Identifies New Drill Targets Adjacent to Torlon Hill
05/04/2006Intersects 33 metres grading 22% Zinc at Torlon Hill
Communiqués de Presse de Firestone Ventures
30/08/2013Melior Terminates Bridge Loan and Update on Proposed Transac...
05/07/2013Melior Resources and Firestone Ventures Announce Proposed Fr...
28/03/2013(Torlon Hill)Announces Consolidation of Torlon Hill Ownership through Ame...
28/01/2013Announces Private Placement Offering and Stock Option Grant
14/01/2013Announces Acquisition of Whale Cove Projects South of Northq...
17/10/2012Announces Mr. Ted Yates as Metal Advisor
24/09/2012Announces Business Alliance with Minero Mining to Advance To...
08/08/2012Guatemala Country Update
24/07/2012Provides Final Field Season Exploration Results
15/05/2012Provides Update on Zinc-Lead-Silver Reconnaissance Program
17/04/2012Announces Management Changes
25/02/2012to exhibit at Investors Exchange --PDAC Prospectors and Deve...
23/01/2012Announces Country Manager for Guatemala Operations
08/06/2011Spring 2011 Exploration Update
17/05/2011Finavera Wind Energy Signs Interconnection Agreements with B...
13/04/2011Positive Preliminary AmmLeach Amenability Testwork on Sample...
04/04/2011Finavera Wind Energy's Wildmare and Tumbler Ridge Wind Energ...
24/03/2011Announces Nevada Drill Plans and Provides Corporate Update
11/03/2011Finavera Wind Energy Inc. Prices Previously Announced Flow-T...
01/02/2010Results from Quetzal Zinc-Lead-Silver Project
12/01/2010Acquires Antelope Zinc-Lead-Silver Oxide Property, Nevada
13/04/2010Identifies Zinc-Lead-Silver Soil Anomalies
05/02/2009Reviews 2008 and Begins 2009 Field Season
08/12/2008Update for 2008/2009 Field Season
17/10/2008President's Letter To The Shareholders
10/09/2008Current Market Conditions
22/07/2008' Spin-out, Northern Tiger Resources, begins exploration in ...
23/06/2008Shareholders Approve Plan of Arrangement
14/06/2008Trading Halt Requested Pending Shareholder Meeting to Consid...
27/05/2008Corporate Update
21/01/2008Commences Drilling at Torlon Hill Zinc-Lead Project
05/12/2007Acquires 100% Interest in the Sonora Gold Project, Yukon
20/03/2006zinc rises to record levels: Bloomberg
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