BLV

Blackstone Ventures Inc. (TSX VENTURE:BLV) is pleased to announce that it has
received a favourable ruling from The Environmental Court of Umea, Sweden. The
Court has confirmed that Blackstone does not require a special dispensation to
explore for minerals within the company's Uma Project area permits. The August
26, 2009 decision overrules the previous negative decision by the County
Administrative Board and enables the company to initiate its exploration
program, including diamond drilling, of targets identified in proximity to high
grade boulders of copper-lead-zinc.


"The decision by the County Administration Board to not allow us to execute
exploration programs on permits which were validly granted by the Mining
Inspectorate has been worrisome for us as an exploration company. Although part
of the Uma project is within the Vindelfjallen Nature Reserve, exploration for
minerals is not prohibited per se within nature reserves in Sweden. Companies
are granted permission to explore in these nature reserves, within the
restrictions mandated by the Mineral Law and Environmental Regulations. With the
ruling by the Environmental Court we are back to a normal situation, where we
can expect to be granted permission to explore, including diamond drilling,
within the restrictions mandated by the Mineral Law and Environmental
Regulations. Blackstone has a significant land position within this highly
prospective area and has been waiting for the opportunity to drill test some of
the identified base and precious metal targets for most of the last two years.
Our intention is to drill test a number of these targets this fall", says
Blackstone's CEO, Dean MacEachern.


Blackstone's high-grade Uma project covers newly discovered outcrops and
boulders assaying as high as 6.64% Cu, 20.9% Zn, 16.75% Pb, 87gpt Ag and 0.54gpt
Au in northern Sweden (gpt: grams per tonne). Mineralization occurs over a
strike length of at least 20 kilometres just in the northern part of the
property. This widespread massive sulphide mineralization and associated
alteration typical of volcanogenic massive sulphide (VMS) deposits suggests the
presence of a large mineralizing system, and excellent potential for the
discovery of a new VMS camp. Targets remain untested by drilling, including
several top rank electromagnetic (EM) geophysical conductors.


Exploration programs are being carried out under the direction of Jari Paakki,
P. Geo., Vice President of Exploration and Project Development for Blackstone
and a qualified person as defined by National Instrument (NI) 43-101. The
information in this release was prepared under the direction of Dean MacEachern,
P.Geo., President and Chief Executive Officer for Blackstone, a qualified person
as defined by NI 43-101.


About Blackstone

Blackstone is a mineral exploration company currently focused on base and
precious metals in Scandinavia. In addition to the Uma project, the Company is
currently conducting a drilling program at its Norbotten Cu-Au discovery in
northeastern Sweden. Blackstone's primary assets are extensive nickel-copper
holdings in Sweden and Norway including six deposits with current NI
43-101-compliant resources.


On behalf of Blackstone Ventures Inc.

Dean MacEachern, President

Caution Regarding Forward-Looking Statements - This news release contains
certain forward-looking statements, including statements regarding the business
and anticipated financial performance of the Company. These statements are
subject to a number of risks and uncertainties. Actual results may differ
materially from results contemplated by the forward-looking statements. When
relying on forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other uncertainties and
should not place undue reliance on such forward-looking statements. The Company
does not undertake to update any forward looking statements, oral or written,
made by itself or on its behalf.

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