Blue Vista Technologies Inc. (TSX VENTURE:BV.H) ("Blue Vista") and Eloro
Resources Ltd. (TSX VENTURE:ELO) (FRANKFURT:P2Q) ("Eloro") are pleased to
announce that they have entered into an arm's length agreement (the "Agreement')
whereby Blue Vista is to acquire Eloro's wholly-owned Hurdman Property,
comprising 13 contiguous mining claims covering 2,944 hectares in Hurdman
Township, 120 kilometres north-northwest of the city of Timmins, Ontario.


Pursuant to the Agreement and subject to regulatory approval and closing, Blue
Vista will acquire a 100% interest in the Hurdman Property by issuing 5,000,000
shares and paying $40,000 to Eloro. 


The Hurdman Property

The Hurdman Property has concentrations of base-metals within pyrrhotite-pyrite
mineralization in biotite-garnet gneiss and pegmatites, and has been explored
for base-metal mineralization since the 1960's. Mineralization consists of
disseminated and massive pyrrhotite and pyrite with associated sphalerite,
gahnite, silver and smaller amounts of lead and copper. The zinc-bearing zone
can be followed 250 metres along strike, 125 metres down dip and over drill
widths varying from 1 to 38 metres. Drilling by Eloro identified a continuous
zinc-silver rich, semi-massive to massive sulphide zone. Nineteen of 25 drill
holes drilled in 2007 intersected the Hurdman Sulphide Zone (HSZ). The drilling
work confirmed the presence of a zinc (greater than 2%) and silver (greater than
15 g/t) corridor, which displays thicknesses varying between 1.9 and 19.95
metres. The HSZ represents a large Zn-Ag system that remains open in all
directions. 


About Blue Vista

Blue Vista is listed on the NEX Exchange, under the symbol BV.H. Blue Vista is
in the process of applying to become a Tier 2 Resource Issuer on the TSX-V and
in conjunction with this is in the process of acquiring a 100% interest in the
Hurdman Zinc-Silver Property located 120 kilometres north-northwest of Timmins,
Ontario. 


About Eloro Resources 

Eloro Resources is an exploration and mine development company with a portfolio
of gold and base metal properties in northern and western Quebec. The Company is
focused on expanding the historic gold resources at its wholly-owned
past-producing Simkar gold mine property ("Simkar Property"). The Simkar
Property consists of two contiguous mining concessions totaling 226 hectares in
Louvicourt Township, approximately 20 km east of Val-d'Or, Quebec. Since 2009,
Eloro has completed 15,035 m of drilling on the Simkar Property and has
identified two new mineralized zones below the historic workings and two near
surface zones in a diorite unit south of the historic workings. 


Eloro plans to pursue exploration work at the Simkar Property with the objective
to outline quality gold resources in an established mining camp.


The above technical information on the Hurdman Property has been reviewed and
approved by Steve McCutcheon, P.Geo. who is a "Qualified Person" under National
Instrument 43-101. 


This News Release includes certain "forward-looking statements". These
statements are based on information currently available to the companies and the
companies provide no assurance that actual results will meet expectations.
Forward-looking statements include estimates and statements that describe future
plans, objectives or goals, including words to the effect that the companies or
their management expect a stated condition or result to occur. There can be no
assurance that forward-looking statements will prove to be accurate. Actual
results and future events could differ materially from those anticipated in such
statements. Readers should not place undue reliance on forward-looking
information.


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