Bluenose Gold Corp. (TSX VENTURE:BN.H) announces that it has entered into an
option agreement to acquire the Albany North (Hydrothermal) Graphite Project.
This land package was recently staked and was highly sought after by Bluenose.
Zenyatta Ventures Ltd. has reported a significant discovery at its Albany
(Hydrothermal) Graphite Project located immediately south of Bluenose's Albany
North (Hydrothermal) Graphite Project in Northern Ontario. 


Hydrothermal graphite exploration targets are considered to be very prospective
generally in the area. Bluenose considers its Albany North (Hydrothermal)
Graphite Project to be a very prospective target and an important acquisition
based on the strong recommendations for its acquisition by its consulting
geologist, Dr. Boris Molak. It is immediately north and adjacent to Zenyatta
Ventures Ltd.'s Albany (Hydrothermal) Graphite Project where Zenyatta Ventures
Ltd. has discovered a very unique hydrothermal graphite deposit.


Metallurgical testing made on graphite samples from Zenyatta's Albany Prospect
reportedly indicate ultra-high purity graphite (99.99% carbon) can be achieved
through simple and relatively inexpensive caustic (NaOH) bake process. This
graphite variety has physical properties superior to synthetic graphite. It is
important in many industrial applications. Bluenose believes advances in science
and technology indicate that this type of graphite will become critical for the
newly emerging technologies such as electronics, super conductors, lithium-ion
batteries, refractories and much more. 


To acquire a 100% interest in the Albany North (Hydrothermal) Graphite Project,
Bluenose is required to issue a total of four million shares, 1 million shares
on TSX approval and 1.5 million shares in September 2014 and 2015, all to a
private arm's length vendor. Bluenose is the operator. There is no royalty. The
Albany North (Hydrothermal) Graphite Project is comprised of 16 claim units.


The technical content of this news release was reviewed and approved by Bohumil
(Boris) Molak, PhD, P.Geo, the Qualified Person for this project as defined by
National Instrument 43-101. Dr. Molak has not verified the technical data
disclosed in this news release. Dr. Molak's expertise includes exploration and
research into carbonaceous and graphite-bearing formations using organic and
inorganic geochemistry, stable isotopes and geophysical methods. Dr. Molak's
research results were presented in several reports and referenced geo-scientific
papers published internationally.


Bluenose continues to seek additional acquisitions of property interests.

BLUENOSE GOLD CORP.

JOHN BRYDLE, Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or the accuracy of this release. Cautionary Note to US Investors:
This news release may contain information about adjacent properties on which we
have no right to explore or mine. We advise U.S. investors that the SEC's mining
guidelines strictly prohibit information of this type in documents filed with
the SEC. U.S. investors are cautioned that mineral deposits on adjacent
properties are not indicative of mineral deposits on our properties. This news
release may contain forward-looking statements including but not limited to
comments regarding the timing and content of upcoming work programs, geological
interpretations, receipt of property titles, potential mineral recovery
processes, etc. Forward-looking statements address future events and conditions
and therefore involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bluenose Gold Corp.
604.683.3288
admin@bluenosegold.com
Bluenose Gold (TSXV:BN.H)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Bluenose Gold Charts.
Bluenose Gold (TSXV:BN.H)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Bluenose Gold Charts.