Guatemala: Flow Tests to Begin at Mita Geothermal Project

John Robins, Executive Chairman, Bluestone Resources Inc. Discusses Exploration and Development of their High-Grade Gold & Geothermal Projects (Metal News)

The Mita Geothermal project is a renewable energy asset that has a 50 year license to build and operate a 50 megawatt geothermal plant. According to Mr. Robins, in the next month or so, they are going to start a very steady flow of news from their drilling and they will be making a production decision within 12 months from now.

According to Mr. Robins "We're lucky we inherited a project that has a 50 year license to build and operate a 50 megawatt geothermal plant. They have not done enough drilling to demonstrate 50 megawatts of capacity yet. But the belief is that with further exploration, that's a distinct possibility. "

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From the Global Geothermal News archives:

• Wednesday, January 17, 2018 - Guatemala: Flow Tests to Begin at Mita Geothermal Project
• Wednesday, May 31, 2017 - Guatemala: Canadian Company Finally Acquires Mita Geothermal Project