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Re:   News Release - Wednesday, September 09, 2009
      Firestone Ventures Announces Exploration Plans for Zinc
      Properties in Guatemala
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September 9, 2009 - Firestone Ventures Inc. (FV:TSX-V; F5V:FSE) is
pleased to announce that the workplan for the 2009/2010 exploration
season at Firestone's zinc-lead-silver properties in Guatemala is
finalized and preparations are underway for the start of a regional
exploration program in early October, 2009 followed by a drilling
program in early 2010. 

"This past year we concentrated on low-cost surface exploration at
Torlon Hill, initial field visits to new property holdings, data
compilation and re-interpretation of historical data," says Lori
Walton, President of Firestone Ventures Inc.  "This valuable work
strengthened our view that the carbonate belt extending across
Guatemala has the potential to host a globally significant zinc-lead
district." 

Initial work will focus on broad-based regional exploration on
Firestone's land holdings in the carbonate hosted zinc-lead-silver belt
in western Guatemala, including mapping and sampling of known zinc
occurrences.  Areas of interest identified during the program will be
prioritized for further work. 

Details for a drill program to begin in early 2010 will be finalized at
a later date, but initial plans are to conduct drilling at the Torlon
Hill deposit in addition to drilling additional zinc targets in the
district.  Environmental baseline studies and metallurgical work is
ongoing. 

Zinc Potential in Guatemala
Guatemala has three main historic zinc-lead-silver districts hosted in
Permian to Cretaceous carbonate rocks in a 250 km long zone extending
east-west across central Guatemala.  The districts are virtually
unexplored using modern exploration methods despite the historic mining
of surface deposits of oxide and sulphide zinc.  On a global scale,
comparison of style and geological setting shows striking similarities
of the zinc-lead districts in Guatemala to economically significant
zinc districts in Yemen, Iran and China. 

Independent consultants Watts, Griffis and McOuat Limited state that it
is likely that additional non-sulphide zinc will be found through
on-going exploration of Firestone's large land package totalling over
500 square kilometers in key areas of the historic zinc districts.  In
addition, the regional setting has considerable potential for
conventional Mississippi Valley-Type (MVT) zinc-lead sulphide
mineralization.  MVT deposits typically occur in clusters or districts
with multiple deposits over hundreds of square kilometers having
similar geological settings. 

About the Torlon Hill Deposit
Torlon Hill is an intensely oxidized zinc-lead (plus silver) deposit
hosted in Permian dolostone breccia and limestone.  The carbonate unit
has been tectonically thrust over a serpentinized basement sequence at
the boundary between the North American Tectonic Plate and the
Caribbean Plate.  The "tectonic crush zone" is pervasively mineralized
with thick zones returning in excess of 10% zinc and up to 40% locally.
 Smithsonite (ZnCO3) is the prevalent ore mineral, occurring as a
replacement to limestone.  Throughout the deposit, silver-rich galena
veinlets cross-cut the pervasive zinc-replacement mineralization. 

A total of 8,400 metres in 101 holes has been drilled to date at the
Torlon Hill zinc-lead deposit.  The combined measured and indicated
zinc-lead-silver oxide mineral resource totals 1,891,636 tonnes grading
7.32% zinc, 2.41% lead and 14.25 g/t silver (at a 3% zinc-equivalent
cutoff).  An additional 169,705 tonnes is classified as inferred
resources grading 4.42% zinc, 1.96% lead and 12.53 g/t silver.
 
The Torlon deposit also contains a basal zone of unoxidized sulphide
mineralization which is not yet well defined by the drilling to date.
This basal zone includes a combined measured and indicated sulphide
resource totalling 76,054 tonnes averaging 3.23% zinc, 2.6% lead and
12.50 g/t silver and a further 36,291 tonnes classified as inferred
resources averaging 2.79% zinc, 2.03% lead and 10.47 g/t silver (see
news release Nov. 18, 2008).  The deposit is open to expansion and
high-grade zinc mineralization defined to date is on or near surface.

The Company is continuing its collaborative work with local communities
on social-economic initiatives, upgrading existing access roads and
stream crossings and the coordination of local supplies and services.
The 100% owned road-accessible Torlon Hill zinc-lead-silver deposit is
22 km from the Pan-American Highway in western Guatemala.

The news release has been reviewed and approved by John Cleary, (CPG),
Qualified Person for the Torlon Hill project and by Al Workman, P.Geo.,
Vice President of Watts, Griffis and McOuat Limited and the Independent
Qualified Person for the project in accordance with regulations under
National Instrument 43-101. 

Lori Walton, P. Geol., President
Toll Free:  1-888-221-5588 
Fax:  (780) 428-3476
info@firestoneventures.com 
www.firestoneventures.com   
Trading Symbol: FV:TSX-V;F5V: FSE

For Investor Relations please call:  Contact Financial Inc. at (604)
689-7422

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.  Neither 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.

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Copyright (c) 2009 FIRESTONE VENTURES INC. (FV)  All rights reserved.
For more information visit our website at
http://www.firestoneventures.com/ or send
mailto:returns@firestoneventures.com
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