BSR Bluestone Resources Inc

Bluestone Resources Inc. (TSX VENTURE:BSR)  (the "Company") 

Loan in Default

With respect to the loan to the Company in the amount of $130,000 (the "Loan")
announced on December 18, 2013, John Robins, the President and CEO of the
Company (the "Lender"), has delivered a notice of default to the Company
requiring full repayment of the Loan. 


The Directors, independent from the loan, (the "Independent Directors") have
determined that the Company is not in a financial position to repay the Loan,
and requested an additional extension of the maturity date to allow time to find
a suitable financing alternative. The request for an extension has been denied
by the Lender. 


The Loan is secured by the Company's Richardson Property, Alaska. Upon further
discussion, the Lender has agreed that upon transfer of the Richardson Property
pursuant to the exercise of the security under the Loan, the outstanding Loan
will be extinguished in full, including all outstanding interest. The Lender has
also agreed to assume all outstanding fees owed to the Alaska government with
respect to the property, in the sum of approximately USD$25,000. The Independent
Directors have concluded this is the best course of action for the Company. 


About Bluestone Resources Inc.: 

Bluestone Resources Inc. is a Canadian exploration company focused on the
discovery and development of economic mineral deposits. Founded in 2004, the
Company has assembled a team with the business acumen and technical expertise to
identify and advance undervalued mineral exploration projects world-wide.


On behalf of the Board

Bluestone Resources Inc.

James Paterson, Director 

Neither the 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. 


This press release may include "forward-looking information", including
statements that are subject to a number of assumptions, risks and uncertainties,
many of which are beyond the control of the Company. Investors are cautioned
that any such statements are not guarantees of future events and that actual
events or developments may differ materially from those projected in the
forward-looking information. Such forward-looking information represents
management's best judgment based on information currently available. The Company
does not assume the obligation to update any forward-looking information, except
as required by applicable law. 


For further information about Bluestone Resources Inc. or this news release,
please visit our website at www.bluestoneresources.ca.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bluestone Resources Inc.
Investor Relations
604.646.4527 or Toll Free: 1.888.331.2269
info@bluestoneresources.ca

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