Firestone Ventures Inc. ("Firestone") (TSX VENTURE:FV)(FRANKFURT:F5V), is
pleased to announce the appointment of Mr. Edward (Ted) Yates, P. Eng. to
Firestone's strategic advisory committee. Mr. Yates is a leading expert in the
zinc markets and was the former director of market research for Cominco Ltd.


"We welcome Mr. Yates to Firestone's strategic advisory committee. Mr Yates's
expertise with all aspects of the zinc market and forecasts will assist
Firestone in the coming year as we move our main Torlon project through the
economic studies," said Pamela Strand, President and CEO of Firestone.
"Firestone is well positioned to take advantage of a projected decrease in
global zinc supply due to the closure of several large zinc mines."


Mr. Yates joined Cominco Ltd. after graduating from Cornell University in
Metallurgical Engineering. He was Chairman of Cominco's Mine Supply Committee
(Zinc and Lead) for 14 years, spent 11 years on the Council of World Bureau of
Metal Statistics, 7 years as an Industry Advisor to the International Nickel
Study Group, and 8 years as a member of the Industry Advisory Panel of the
International Lead and Zinc study group. Mr. Yates retired from the position of
Director, Market Research after spending 40 years working for Cominco Ltd. In
1993 he received the Robert Elver Award for Mineral Economics from the CIM - "In
recognition of his outstanding contributions in furthering the understanding of
mineral economics, particularly in the areas of mineral exploration and metal
markets." Mr Yates is now president of his own consulting firm, Yates Mineral
Consultants Inc. having a focus on base metals. He has consulted for both major
and junior mining companies.


Firestone's Presence in Guatemala

Firestone is a Canadian-based exploration and development company with
zinc-lead-silver and copper projects in Central America and has been working in
Guatemala since 2004. Our main project is the Torlon zinc-lead-silver deposit in
Guatemala. The current NI-43-101 oxide resource (see news release 18 November
2008 and www.sedar.com) is summarized in the following table and the deposit
remains open to expansion. The 43-101 resource used a 3% zinc equivalent cut-off
grade and a 35.5% zinc top-cut.




Torlon Deposit Oxide Mineral Resource                                       
----------------------------------------------------------------------------
                                      Zinc               Lead Silver  Silver
                 Tonnes Zinc %    (lbs)(i) Lead %    (lbs)(i)  (g/t) (oz)(i)
----------------------------------------------------------------------------
Measured and                                                                
 Indicated    1,891,636   7.32 304,905,997   2.41 100,294,541  14.25 866,663
----------------------------------------------------------------------------
Inferred        169,705   4.42  16,502,114   1.96   7,317,680  12.53  68,367
----------------------------------------------------------------------------
(i) The total contained metal assumes 100% metal recovery and does not      
indicate economic viability                                                 



Smithsonite (ZnCO3) is the prevalent zinc mineral at Torlon, occurring as a
replacement to limestone and resulting in high grade mineralization locally
exceeding 40% zinc. Other non-sulphide zinc minerals are relatively rare and
there is no evidence of deleterious zinc-clay minerals.


In September, 2012, Firestone signed a Business Agreement Alliance with Minero
Mining International Ltd. of South Africa with the goal of advancing Firestone's
100% owned Torlon zinc-lead-silver deposit.


Firestone also has a large land position covering a significant portion of the
Central Guatemala Zinc District with four drill ready targets and over fifty
zinc mineral occurrences and has excellent exploration potential to develop as
the world's next major zinc district. The company also owns 100% of the past
producing Oxec copper deposit which, based on historic reports, has produced
over 1Mt grading 3% copper.


The technical information in this news release has been reviewed and approved by
Pamela Strand, P.Geol., President of Firestone Ventures and a Qualified Person
in accordance with NI-43-101.


The common shares of the Company are currently listed on the TSX Venture
Exchange (symbol FV) and the Frankfurt Stock Exchange (symbol F5V).


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.
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