BLACKSTONE RESOURCES AG: STRATEGIC ALLIANCE IN LITHIUM

BAAR, Switzerland – (21 May 2019) – Blackstone Resources AG (SWX: BLS; STU: 4BR, FRA: 4BR, BEB: 4BR) (“Blackstone”) is pleased to announce that its subsidiary Blackstone Resources Chile SpA, Santiago de Chile,  has signed and entered an agreement to define an exclusive strategic alliance with a national partner to explore its mining concessions for possible lithium resources.  These concessions are in the region of Tarapaca, Chile, which is near other widely known Lithium resources.   

We are evaluating different possibilities from the technical analysis made on the geophysics studies to research the potential of these concessions.  In addition, we will define the different development stages for these projects over the next few months during this time frame. 

The company intends to carry out the necessary exploration and development activities as soon as possible. A possible extensive development is planned with other potential industrial partners in North America, Europe and Asia.   

The management team is very excited to have achieved this result, where it sees potential.  The company is also currently looking into other investment possibilities in Chile in order to develop other concessions or trade lithium with local partners in the very near future. 


Blackstone Resources AG

Blackstone Resources is a Swiss Holding Company, with its legal domicile in Baar, Kanton Zug and is concentrating on the battery metals market as primary metals. In addition, it sets up, develops and manages refineries used for gold and battery metals. It offers direct exposure to the battery metal revolution that is being driven by the demand of electric vehicles that need vast quantities of these metals. These include cobalt, manganese, molybdenum, graphite and lithium. In addition, Blackstone Resources has started a research programme on new battery technologies.


For more information please visit www.blackstoneresources.ch or contact:

Blackstone Resources AG
Blegistrasse 5                                                             T: +41 41 449 61 63
CH-6340 Baar                                                            F: +41 41 449 61 69
Switzerland                                                                info@blackstoneresources.ch

Investor Relations                                                     Media Enquires
                                                                                    Manuela Pereira
ir@blackstoneresources.ch                                        media@blackstoneresources.ch

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