Just noticed the rise today.

Company website http://www.goldstoneresources.com/

Some largish buys coming in

This makes for an interesting read

http://www.advfn.com/p.php?pid=nmona&cb=1158179063&article=12416140&symbol=LSE%3AGRL

I also see they have $2.9M in the bank so the stock is also trading at a discount to Nav.

Just because it has $2.9M in the bank doesn't necessarily mean bog all .... could have creditors of $10M

Just took a look .. the 2.9M was at the end of Feb , the speed at which this lot burns cash suggests at best they will have only 50% of it left by next year end.

Its a dog.

LOL if you say so. Lets see how high this dog can jump then.

LONDON (AFX) - Goldstone Resources Ltd said it has raised 1.04 mln stg in a
placing of 68,083,330 ordinary shares at 3 pence each.
The company also announced today that all directors have agreed to take a 50
pct pay cut in order to reduce company overheads. Chairman Sir Michael Oliver
has elected to receive his remuneration of 10,000 stg in the form of shares in
the company at an issue price of 3 pence each.
Goldstone said the funds raised from the placing will be used at the Roraima
gold project in Guyana and, in particular, to undertake a detailed soil sampling
programme to identify the most prospective area for subsequent infill drilling.
The funds will also be used to help the company to pursue potential joint
ventures with majors.

When did the placing above take place ?
What was the average cash burn per month last year ?
Who the fcuk in their right mind would buy a share with a 100% spread ???

Answers on a postcard ...

DYOR

Oh btw have you ever heard of being able to trade within the spread ? 0.8 to buy at present 0.6 to sell.

LOL

Wow so your telling me the spread is only 33% in reality .... bargain !

And as far as DYOR ... did and thats why your $2.9M cash is bank statement is bollox.

dil you sound desperate when you swear !

You could have bought this AM at 0.8 and now will have to pay 1.0 !

Thanks for all your constructive comments btw.

Looks good for tomorrow

Bauxite update

RNS Number:9871I
Goldstone Resources Ltd
14 September 2006

GOLDSTONE RESOURCES LTD

BAUXITE UPDATE


In September 2005, GoldStone Resources Ltd ("GoldStone" or the "Company")
entered into an option agreement with BHP Billiton over the Company's bauxite
interests in Guyana. An initial programme was launched to explore the bauxite
potential in the lease areas. This programme, conducted during the last quarter
of 2005 and continued into the first half of 2006, confirmed the deposits
previously identified by GoldStone and further, more detailed, sampling is
planned.

BHP Billiton accordingly elected to make, and has now effected, payment of the
option fee of US$100,000 required to maintain the option until 6 June 2007.

BHP Billiton must before 7 June 2007 choose whether to exercise the option to
require GoldStone to apply for such prospecting licences as may be permissible
under the Bauxite Reconnaissance Permission. If BHP Billiton elects to exercise
the option and a requisite number of prospecting licences are granted to
GoldStone, then upon transfer of the licences to BHP Billiton, GoldStone will
receive a further US$100,000. Potential payments thereafter are as follows:

US$200,000 on the 1st anniversary of the transfer;
US$1 million on the 2nd anniversary of the transfer;
US$3 million on the 4th anniversary of the transfer; and
US$8 million on the 7th anniversary of the transfer.

Dr. Lawrie Minter, who holds a PhD in Palaeoplacer Sedimentology, has reviewed
and approved the content of this announcement.


Enquiries:

GoldStone Resources Ltd +27 21 794 4004
Nico van der Hoven (Chief Executive Officer)


This information is provided by RNS
The company news service from the London Stock Exchange
END

DRLSFFFMLSMSEDU

Strong buying following the news yesterday.

The new deadline for BHP Billiton to decide upon a take-over or not, has been extended by a month, to 7th July 2007. Could be a very speculative ride over the next few days.

IDMGRL

RNS Number : 3770A
Goldstone Resources Ltd
07 October 2009

?




GOLDSTONE RESOURCES LIMITED


STATEMENT RE. SHARE PRICE MOVEMENT




The Directors of GoldStone Resource Limited ("the Company") note the recent rise
in the Company's share price and announce that they are in advanced negotiations
regarding a joint venture opportunity in Ghana over a gold project and a further
announcement will be made in due course. The Directors know of no other reason
for the rise in the Company's share price.






+----------------------------------------+----------------------------------------+
| GoldStone Resources Ltd | +27 21 551 9009 |
+----------------------------------------+----------------------------------------+
| Jurie Wessels (Chief Executive | |
| Officer) | |
+----------------------------------------+----------------------------------------+
| Hendrik Schloemann (Exploration | |
| Director) | |
+----------------------------------------+----------------------------------------+
| | |
+----------------------------------------+----------------------------------------+
| Hanson Westhouse Limited | +44 20 7601 6100 |
+----------------------------------------+----------------------------------------+
| Tim Feather / Matthew Johnson | |
+----------------------------------------+----------------------------------------+





This information is provided by RNS
The company news service from the London Stock Exchange
END

SPMUUGUPUUPBUBM

Decided to join you today wiz, on the up it seems... has been 36% up so far this morning, so already in profit.

Still on the rise... was 15% up now 13% very dull start today this ios the only large riser on my stock list.... think I'll go out and earn a crust..lol
edit just looked again now 22% up

bought earlier and sold half on thursday @2.8 .
thanks to whoever convinced me to buy .
currently most shares going up however the largest % gainers are the best if we catch them b4 they rise

I'd like too draw some attention to this little gem it very under valid.. it's up 50% from last week looking at the next stop which should be 7.5p still waiting for JORC report out any day soon .........as always do yr own h\ work

A timely reminder micky.I first bought these two weeks ago, after a fair bit of research and bought more this week.The prospects for this company look very promising,I am sure when the JORC comes out the share price will appreciate a fair bit.I would imagine very soon after the JORC comes out there will be a share placing to raise working capital but I think that would give a further boost to the share price because there would then be adequate funding going forward. For years it would seem this company was a total waste of time, but with a change of personnel and new projects, the potential from this level is very promising.

A presentation from last month.
http://presentations.thelincolncentre.co.uk/20100319_6/

Interesting turn of events.... TPTB are not happy. Its either they silence him now, or else things would get out of hand if this hits the mainstream media. Just imagine him being interviewed on all the independent newspapers. the only way he can save his life now is go viral with his message with the help of the gold bugs.

http://www.sott.net/articles/show/205674-Andrew-McGuire-whistle-blower-on-market-manipulation-injured-in-hit-and-run-accident

something to ponder on till tomorrow from another BB

http://www.dailyfinance.co.uk/2010/04/02/why-china-loves-gold-so-much/

This is a must listion

Another scoop re. physical metals held or rather not held by the Bullion Banks
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/4/7_Andrew_Maguire_%26_Adrian_Douglas.html

i hope some of you took note off what i said... as this as now no resistance all the way too 7.5p at which point we should get a jorc report if good then we should see 15p +

morning all just to let you no things are still rising here ....please don,t miss out DYO/HW

cynic did you buy when i told you about this gem?

arthursleep - 8 Apr'10 - 20:37 - 2019 of 2075

Guys my first and probably last post here.

My advise to you guys is hold your nerve and you WILL be rewarded. The rise is down to more than P.I's buying. How do i know well that cannot be discussed on a BB forum.

However for those that doubt me take a look at LSE, III, and motley fool and you will see that there is no evidence of ramping (hence little or no hot money left in GRL).

Secondly the rise has been on volume.

Now if i was to tell you that you all that you maybe pleasantly surprised by the JORC estimates and that i guess a few insiders are aware of the results (hence the buying) you might say to me "surly nothing leaks in the world of mining and oil companies does it" ;-)

GL im sure you wont need it if you stay put.

P.S As for s/p double figures unless the world forgets about gold over the next few weeks/months.

GOLDSTONE RESOURCES LIMITED



STATEMENT RE. SHARE PRICE MOVEMENT





The directors of GoldStone Resources Limited ("GoldStone" or the "Company") note the recent rise in the Company's share price.



As announced on 9 March 2010, work is ongoing on an independent JORC compliant resource statement on the Homase licence area in Ghana and this will be announced in due course.



In addition, as announced on 22 February 2010 the Company is in discussions with an industry participant regarding a potential strategic alliance which could include an equity subscription into GoldStone. Further announcements will be made as appropriate.

I bought into these on Friday--looking promising.

well done moneyplus you should be in profit then..... if you bought in on the dip............volume looking good today could see JORC report soon

Should be an operations update soon.

Airborne survey results out next week, they should be good as they are over an area where they already have a 282,000 oz resource.

This little gem is ready to take-off sometime soon.

Other holders who know much more than I about gold deposits are over the moon about the survey results on the other side! A gem indeed but we need them to start digging!!

http://www.miningmaven.com/companies/goldstone-resources/184-goldstone-resources-vtem-success
Just out today.
DRILLING TO COMMENCE VERY SOON.

http://moneyam.uk-wire.com/cgi-bin/articles/201010200700076644U.html
.................GOOD NEWS FOR GOLDSTONE..........................

Bought into these today.
2517

Good move, GEORGE, I think you have made a wise and potentially very profitable investment here.

Thanks Geoffsh, I hope its a good move, maybe if OBT increase their holding it will spark an upward move in the sp.
2517

That would certainly help, but the Gabon licenses approval would be huge and drilling at Homase would also be very good. There should be a lot of newsflow during the next month or two.

Given as a buy in this weeks' Shares, based on licenses acquired for Gabon.

Goldstone Resources
Senegal and Ghana Projects Update
RNS Number : 9676G
Goldstone Resources Ltd
20 May 2011
GoldStone Resources Limited

("GoldStone" or the "Company")

Positive early exploration results from Senegal and Ghana
Key Points:

Initial results from surface sampling in Senegal (Sangola) highlight an eight kilometre prospective corridor for hydrothermal mineralisation. Anomalous gold has been identified over an interpreted splay off the Main Transcurrent Fault Zone

Soil sampling in Ghana at Manso Amenfi has detected multiple gold in soil anomalies which are interpreted to be parallel to the gold-bearing Salman and Ayanfuri structures
Dr. Hendrik Schloemann, GoldStone's Exploration Director, commented: "These are the first results received for two of our key exploration properties in Ghana and Senegal. We are very encouraged by the results received to date as they display multiple surface gold anomalies peaking at values above 100 parts per billion ("ppb") gold and occurring over a total strike length of 40 kilometres. Once all data has been collated, we plan to rapidly analyse these anomalies to define trenching targets and to further assess their economic significance."

Sangola Permit - Senegal

A termite mound sampling progamme covering most of the 471 km2 permit area in Eastern Senegal has been completed. A total of 8,150 samples were taken from termite mounds along north-south trending lines to detect any gold mineralisation in the underlying Birimian rocks. The analyses of pathfinder elements has been completed for all samples, however the Company has received gold results for only 2,500 of the 8,150 samples. The results for silver and arsenic clearly confirm the location of the gold-fertile Main Transcurrent Shear Zone ("MTZ") in the permit area. Further to the north-east the same structure controlled the formation of the 3.4 million ounce Massawa gold deposit. The limited number of gold results received to date indicates that gold mineralisation is present at various locations and in one case is associated with secondary structures (splays) along the margin of the MTZ. A full interpretation of the data will be provided once the gold results have been received for all samples.

Manso Amenfi Permit - Ghana

A soil sampling programme covering the central and northern parts of the permit area was completed during April. Samples were collected every 100 metres along north-west trending lines 400 metres apart. Gold assays have been received for all 1,695 samples submitted to the laboratory. The results clearly demonstrate the presence of multiple robust (up to 2.4 g/t gold) and elongated gold in soil anomalies (up to five kilometres in strike). The strikes of the anomalies appear to be parallel to gold-fertile Salman and Ayanfuri structures. The programme also resulted in the discovery of a circular gold in soil anomaly in the south-eastern corner of the Manso Amenfi permit area. The eastern part of this anomaly appears to be within Golden Star's Pampe Permit and is within three kilometres of the Pampe open pit. Follow-up work may include airborne geophysics and multi-element geochemistry in order to rank the discovered anomalies for follow-up soil sampling and trenching.


During the field programme the Company's geologists also located various artisanal gold mining sites in the permit area which seem to be exploiting mainly alluvial deposits. It was, however, noted that the catchment of the stream that hosts the most prominent alluvial mine sites, in the south-western portion of the permit, is completely within the Manso Amenfi permit area. This strongly suggests that the hard-rock gold source of the alluvial deposits also lies within the Manso Amenfi permit area. The soil sampling in the south-western portion of the permit area is still on-going.

Approval

Dr. Hendrik Schloemann, who holds a PhD in Geology, has reviewed and approved the technical content of this announcement.


Enquiries
GoldStone Resources Limited
+27 21 551 9009

Jurie Wessels / Hendrik Schloemann
Westhouse Securities Limited
+44 20 7601 6100

Tim Feather / Matthew Johnson

Jason Robertson
+44 20 3137 1906

Jeremy King
+44 20 3137 1904

Walbrook PR
+44 20 7933 8788

Bob Huxford

About GoldStone Resources

GoldStone Resources is an AIM quoted exploration company based in South Africa with exploration skills that focus on gold in West and Central Africa. The Company's projects are located in Ghana, Senegal and Gabon, and range from grassroots (Sangola in Senegal, Manso Amenfi in Ghana, and Oyem and Ngoutou in Gabon) to advanced exploration (Homase-Akrokerri in Ghana).

Check this baby out. Looks to be a winner to me.


Goldstone reveals high grade results from Homase/Akrokerri
StockMarketWire.com
GoldStone Resources has revealed high grade drill results from the omase/Akrokerri project in Ghana.

All five drill holes intersected significant gold mineralisation and confirmed that the targeted high-grade gold shoot under the northern part of the previously mined Homase open pit extends to a depth of at least 140 metres below the bottom of the dormant pit.

Exploration director Dr. Hendrik Schloemann said: "The intersects achieved during the first part of this drill programme demonstrate that the high grade portion of the gold deposit extends to depth.

"Considering that mining at the nearby Obuasi gold mine in the same geological environment presently extends to almost 2,000 metres depth, the significant grades and widths intersected at Homase/Akrokerri further support our view that we may be able to follow this zone much further down dip.

"Future work will also be directed to locate additional high grade shoots along strike."

GoldStone also said its Ghanaian joint venture partner, Cherry Hill Mining, had received notice from the Minerals Commission of Ghana informing the partnership that the Homase licence has been extended for a further period of 12 months and is now due to expire at the end of July 2012.

At 8:00am: (LON:GRL) GoldStone Resources share price was +0.7p at 7.75p


Story provided by StockMarketWire.com

Drilling Results



Drill hole 11HMRD015 (4.3 metres at 4.9 g/t) intersected the high-grade gold shoot under the northern part of the Homase pit, 175 metres below the base of the pit, while drill hole 11HMRD016 (10.4 metres at 4.4 g/t) intersected the same shoot 215 metres below the base of the pit. Mineralisation was also intersected at 190m below the base of the central part of the pit in drill holes 11HMRD012 and 11HMRD013, results of which are reported in the table below. All four boreholes intersected the mineralisation down-dip of GoldStone's 405,600 ounce JORC compliant gold resource at Homase/Akrokerri and underline the encouraging potential for an upgrade of this resource in the future. The mineralisation at Homase/Akrokerri remains open at depth and along strike.

More good results and at least one extra drilling rig to further drilling.

...................2012 is going to be HUGE for Goldstone....................

They are certainly flagged to be a winner, and the price is little more than half of when it was recommended.

A lot of selling going on in spite of very good news.
A rebound is well overdue.


GoldStone reveals high grade results at Homase/Akrokerri
StockMarketWire.com
West and Central Africa-focused gold explorer GoldStone Resources has revealed high grade drill results from the Homase/Akrokerri project - part of the Ashanti Gold Belt in Ghana.

The intersections include 8.1 metres at 11.1 g/t, 9.7 metres at 6.1 g/t and 4.0 metres at 6.7 g/t.

The results extend the known strike length of the high grade shoot at 200 metres depth under the northern part of the Homase pit from 20 metres to 95 metres.

Exploration director Hendrik Schloemann said: "We are pleased to have extended the known strike extent of the high grade shoot at depth and are encouraged to see that the geometry of the shoot is predictable, the grades are consistently high and that the mineralisation remains open at depth."

At 8:38am: (LON:GRL) GoldStone Resources share price was +0.13p at 5.75p


Story provided by StockMarketWire.com

UPDATE OF THE JORC COMPLIANT GOLD RESOURCE ESTIMATE FOR THE HOMASE/AKROKERRI PROJECT, ASHANTI GOLD BELT, GHANA

The directors of GoldStone are pleased to announce that the Company has received an updated mineral resource estimation ("the Estimate") which is compliant with the Joint Ore Reserves Committee of Australasia (JORC) reporting code, for the Company's Homase/Akrokerri project.

Highlights:

· Homase/Akrokerri gold resource increased to 502,000 ounces

· Overall gold grade increased from 1.42 g/t to 1.74 g/t

· Additional resource update expected based on results of 20 drill holes under the Homase/Akrokerri resource

Hendrik Schloemann, GoldStone's Exploration Director, commented: "We are particularly pleased that the overall grade increased from 1.42 g/t to 1.74 g/t gold and are encouraged to raise the resource above the 500,000 ounce mark. We are also optimistic about the potential for an additional resource update based on 20 completed drill holes not included in this update."

Audio interview with Dr Hendrik Schloemann, Exploration Director
The Homase/Akrokerri gold resource, which was updated using results from 20 additional diamond drill holes completed between April 2012 and July 2012 and extends along a strike length of 4.4 kilometres, is 10.6 million tonnes at an average grade of 1.77 g/t gold, containing 602,000 ounces of gold.

Click the link below to listen:

http://www.brrmedia.co.uk/event/106842/dr-hendrik-schloemann-exploration-director

Despite the flow of positive news, the SP has taken a real beating, along with many others in the exploratory field.

This news might be the trigger to set this stock back in an upward direction.

Joint Venture with Randgold in Senegal
RNS
RNS Number : 7471B
Goldstone Resources Ltd
08 April 2013

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")


Joint Venture with Randgold over Sangola Project, Senegal


GoldStone Resources Ltd (AIM: GRL), the AIM quoted company focused on gold exploration in West and Central Africa, is pleased to announce that the Company has entered into a joint venture agreement with Randgold Resources (Senegal) Limited ("Randgold") over the Sangola gold project in Senegal.

Highlights

· Joint venture with Randgold for the exploration and potential development of a mine at Sangola

· Randgold to fund all costs up to and including the completion of a pre-feasibility study indicating that the mining of at least 1Moz of gold is feasible

· Joint venture to be owned 51% by Randgold and 49% by GoldStone with GoldStone having the election to contribute towards a feasibility study or dilute to 35%

Jurie Wessels, Chief Executive Officer of GoldStone, said: "We are delighted to have entered into this joint venture with our neighbour Randgold, who have an exceptional track record of finding and developing gold projects in West Africa. We are retaining a material interest in the project whilst removing any funding requirement until the project has advanced significantly. We are looking forward to moving ahead at Sangola with our new partners."

Details of the Joint Venture

On 5 April 2013 GoldStone entered into a joint venture agreement with Randgold, a wholly owned subsidiary of FTSE 100-quoted Randgold Resources Limited, in relation to the exploration, evaluation and, potentially, the development and mining of the Sangola project in Senegal (the "Joint Venture"). Randgold will hold 51% of the Joint Venture and GoldStone 49% and a committee comprising three representatives from Randgold and two from GoldStone will manage the project.

Under the terms of the Joint Venture, Randgold has agreed to undertake exploration over the Sangola permit and fund all work up to and including the completion of a pre-feasibility study ("PFS") on the project. The committed work includes the execution of at least 10,000 metres of reverse circulation (or equivalent) drilling per annum up to the completion of a PFS which indicates that mining of at least 1Moz of gold is economically feasible.

Subject to the PFS satisfying this condition, GoldStone will have the option to maintain its 49% interest through funding its share of the costs of a feasibility study (the "FS"). In the event that GoldStone elects not to fund its share of the FS, its interest in the Joint Venture would reduce to 35%. If, following completion of the FS, the decision is taken to develop a mine, GoldStone will have the right to retain its interest through funding its share of the costs.

If the PFS indicates that the mining of at least 1Moz of gold will not be economically and commercially feasible, the Joint Venture will cease to have effect. In addition, Randgold may terminate the Joint Venture at any time by giving GoldStone 90 days' notice.

Background on Sangola

The 471 km² Sangola permit lies in the south-eastern corner of Senegal in a prolific gold province where more than 30 Moz of gold have been discovered in the past 10 years. The Sangola permit area is bisected by a major gold bearing shear zone known as the Main Transcurrent Shear Zone ("MTZ"). This shear zone is host to Randgold's 3 Moz Massawa deposit, which lies 30km towards the north-east of the licence area.


Three major elongated gold-in-soil anomalies, Baraboye, Tiabedji and Tiobo, all of which are associated with underlying structures related to the MTZ, have been identified and explored by the Company. The Thiabedji anomaly was investigated by a 11,350m RAB ("Reverse Air Blast") drilling programme between May and July 2012 and yielded very encouraging results with the recognition of a mineralised trend up to 70 metres wide and 2km in extent. Initial geological interpretation suggests that the mineralisation is controlled by two north-east trending secondary structures splaying off the regional MTZ and indicates a bedrock gold source is likely in the south-western portion of the six kilometre long Thiabedji gold anomaly.

About Randgold

Randgold Resources (Senegal) Limited is a wholly owned subsidiary of Randgold Resources Limited ("RRS"), the FTSE 100 and NASDAQ quoted gold mining and exploration company operating in the prospective gold belts of west and central Africa. The group's strategy is to create value for all its stakeholders through the discovery of multi-million ounce gold deposits and their development into profitable mines.

Major discoveries to date include the 3 Moz Massawa gold deposit in eastern Senegal, the 7.5 Moz Morila gold deposit in southern Mali, the 7 Moz Yalea gold deposit and the 5.5 Moz Gounkoto gold deposit, both in western Mali and the 4 Moz Tongon gold deposit in the Côte d'Ivoire.

RRS operates four gold mines: Morila, Loulo and Gounkoto in Mali and Tongon in Côte d'Ivoire. A fifth mine, Kibali in the Democratic Republic of the Congo ("DRC"), is currently being developed and first gold is scheduled for the end of 2013. The Massawa project in Senegal is at feasibility stage and exploration programmes are underway in Burkina Faso, Côte d'Ivoire, DRC, Mali and Senegal.

Enquiries


GoldStone Resources Limited
+27 21 551 9009

Jurie Wessels


WH Ireland Limited
+44 20 7220 1666

Tim Feather

Nick Field

All buying on Randgold news. The question has to be how far will it run ?

Up so far by 0.27, or nearly 15 5 so far

10 February 2015


GOLDSTONE RESOURCES LIMITED


Operational Update: Homase/Akrokerri Project, Ghana

GoldStone (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to provide an update of its operations and planned exploration at its Homase/Akrokerri Project ("the Project") in Ghana.

Highlights:

· Completion of a comprehensive internal and peer review of existing geological data

· Potential identified for the discovery of additional oxide resources

· Auger programme to be conducted to identify drill targets, following pitting programme to confirm regolith profiles

· Priority drill targets to be aimed at identifying near-surface oxide-gold resources to augment existing oxide resource of approximately 100,000 oz gold

The Company's geological team has completed a review of all historical and Company exploration data with the aim of defining the potential for further resources within the Homase/Akrokerri Project. The team concluded that significant exploration potential exists in previously under-explored areas of the Project and as a consequence further work has been planned to identify priority areas for further work.

The first step has been to conduct a regolith study to understand which parts of the permit area are overlain by transported sediments and derived soils that may mask gold mineralisation in the underlying rocks. This was initiated by completing a pitting programme at selected points within the Homase and Akrokerri licences. The results from the pitting programme are now being evaluated to provide the Company's operational team with information to undertake a comprehensive auger geochemistry programme. The auger programme will be conducted over specific parts of the licence area that are believed to have the potential to host further resources of oxide-gold material and thus could add to the existing oxide resource of approximately 100,000 oz gold.

The auger programme is planned to commence in early February and will continue for approximately eight weeks. Assay data from the auger programme will then be evaluated in order to define further exploration and drill targets.

Jurie Wessels, GoldStone's Chief Executive Officer, commented: "From a re-evaluation of existing exploration data, the Company's geologists determined that potential exists for the discovery of further gold mineralisation at a number of locations across the project area, particularly in areas where the Homase/Akrokerri resource is likely to continue along the trend identified by the host structural zone. Armed with the results of the auger programme, the Company anticipates being able to identify a number of drill targets, the priority being to locate near-surface oxide material that would be readily accessible and potentially amenable to heap-leach processing. The Company has previously identified a deeper sulphide resource at the Project, but further evaluation of this is not a priority at present."

http://www.moneyam.com/action/news/showArticle?id=4974470

12 March 2015

GOLDSTONE RESOURCES LIMITED

DIRECTORATE CHANGE


GoldStone (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to announce the appointment of William Neil Gardyne as a Non-Executive Director with immediate effect.

Mr. Gardyne is a geologist with over 35 years' experience in exploration and mining ventures in Southern Africa and has been involved in managing Private Equity/ Venture Capital funds focusing on early stage exploration and mine development in South Africa for the past 12 years. He has a BSc (Hons) degree in Geology from the University of Kwa-Zulu Natal, and is currently on the advisory board to TSX Venture listed Tembo Gold Corp. and is a Director at Decorum Capital Partners (Pty) Ltd.

http://www.moneyam.com/action/news/showArticle?id=4993968

Nothing new but may be of interest:


Update Q&A With Management-Published on Thursday, 19 February 2015


The Company will publish audited final results and the annual report for the ten months ended 31 December 2014 before 30 June 2015.

CHANGE IN FINANCIAL YEAR END-RNS on 15 January 2015

21 May 2015
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

Operational Update: Homase/Akrokerri Project, Ghana


GoldStone (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to provide an update of its operations and planned exploration at its Homase/Akrokerri Project (the "Project") in Ghana. A copy of this announcement, including figure 1, can be found at the following link

http://www.rns-pdf.londonstockexchange.com/rns/8503N_-2015-5-20.pdf

Highlights:

· Auger sampling programme successfully completed over eight high-priority gold targets close to and along strike from the Company's 602,000 ounce Homase/Akrokerri gold deposit

· 1,332 auger holes drilled to a maximum depth of 3m

· Results have indicated two potentially new zones of mineralisation - a 1,500m anomaly at the AK02 prospect, immediately south west and along strike of the Homase/Akrokerri deposit, and an 800m anomaly, the AK04 prospect, that may be an extension of AK02

· Both prospects show immediate promise to host additional bedrock gold mineralisation to potentially add to existing resources

· Close-spaced infill auger sampling is underway to support future definition of drill targets



The Company has recently completed a comprehensive auger geochemistry programme ("the Auger Programme") with the purpose of identifying further drill targets that could potentially add to the Company's existing 602,000 oz Au JORC code compliant resource.



The Auger Program was conducted over eight high-priority gold targets within the Project area thought to be prospective for further gold mineralisation, of which six returned a number of anomalies. The method of augering used by the Company provided its geologists with a sample of Bottom-of-Transported ("BOT") material, which significantly improves the chances of detecting a buried gold deposit. Please refer to figure 1, which is a map showing the prospects over which the Auger Program was conducted. After a thorough review of the results of the Auger Program, the Company will now focus its exploration on two prospects, named AK02 and AK04, both of which returned strongly anomalous results (of gold values between 44 and 244 parts per billion of gold - 0.044 and 0.244 parts per million of gold) and which are positioned along the south-west strike extension of the structural zone that hosts the existing Homase/Akrokerri gold resource. Importantly, both prospects occur over what is interpreted to be a major flexure of the structural zone that hosts the Homase/Akrokerri gold resource to the north-east.



The AK02 auger drilling anomaly can be traced continuously over approximately 1,500m and is contained mostly in proximal colluvium that is interpreted to overlie bedrock gold mineralisation or have travelled a short distance from it. Several anomalous in-situ laterite (a hard, iron-rich soil formed by prolonged chemical weathering in tropical environments) samples of a similar gold tenor in close proximity to this prospect provide additional confidence that gold mineralisation is proximal to these defined auger anomalies. Three lines of historic, shallow reverse circulation ("RC") drilling, completed in 1998 and 1999, are thought to intersect the interpreted AK02 zone locally. Results from the historic RC drilling of 5m @ 1.3 g/t Au from 39m (99AKRC083), 6m @ 1.6 g/t Au from 24m (98AKRC028) and 2m @ 3.1 g/t Au from 21m (98AKRC021) are encouraging. However, the results from the Company's Auger Program suggest that the strongest anomalies have yet to be drilled at depth.



At AK04 the Auger Program also yielded a very consistent east-west gold anomaly over a strike of 800m. The anomaly is, as at AK02, contained in colluvial regolith that is interpreted to be very close to a bedrock gold source. Historic RC drilling was conducted over only 100m strike length of the anomaly with mixed results including 1m @ 8.4 g/t Au from 20m (00AKRC109) and 3m @ 2.3 g/t Au from 40m (00AKRC104).



Additional infill auger sampling will now be conducted before a drilling program can be considered. The program will sample AK02 and AK04 on a 100m x 25m grid. This will provide the Company's geologists with sufficient density of data and confidence of provenance of gold mineralisation to be able to plan a drilling campaign.



Review of the information

The information in this announcement that relates to exploration results, is based on information reviewed by Dr Bob Foster, who is a Fellow of the Institute of Materials, Minerals and Mining and a Chartered Engineer. Dr Foster is a Non-executive Director of the Company and has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which the Company is undertaking, to qualify as a competent person in terms of the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Dr Foster consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears.



**ENDS**

http://www.moneyam.com/action/news/showArticle?id=5041234

Stratex associate Goldstone identifies new gold zones in Ghana
By Philip Whiterow
May 21 2015

Stratex International‘s (LON:STI) associate Goldstone (LON:GRL) has identified two potentially new gold zones at Homase/Akrokerri in Ghana.

Auger samples from gold targets along-strike and close to the existing 602,000 deposit at Homase/Akrokerri identified the mineralisation.

The two new zones are a 1,500m anomaly at the AK02 prospect, immediately south west of Homase/Akrokerri and an 800m anomaly, AK04, that may be an extension of AK02.

Close-spaced auger samples are now being taken to identify drill targets.

Stratex holds a 33.45% stake in Goldstone.

4 June 2015
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

Increased interest in the Homase Licence: Homase/Akrokerri Project, Ghana

GoldStone Resources Ltd (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, is pleased to announce that the Company has signed an addendum agreement with its Homase joint venture partner, Cherry Hill Mining Company Ltd ("Cherry Hill"), to expedite the increase of the Company's interest in the Homase licence ("Interest") to 90% from its current Interest of 65%.


Under the terms of the original joint venture agreement with Cherry Hill announced 19 October 2009 (the "Agreement"), GoldStone was to earn up to a 90% Interest by meeting certain contractual hurdles, funding exploration and development costs through to the conclusion of a feasibility study, as well as paying certain participation fees to Cherry Hill. The Company and Cherry Hill (together the "Parties") have now agreed an addendum to the Agreement (the "Addendum") whereby GoldStone's current Interest of 65% will increase to 90% on payment of US$25,000 to Cherry Hill.


Jurie Wessels, CEO of GoldStone commented: "In return for US$25,000 the Company is adding attributable mineral resources of 101,750 oz Au and hurdling two significant contractual objectives to attain a 90% interest in the Homase licence, thereby obtaining ownership of 93% of the Homase/Akrokerri mineral resource."

Further information on the Agreement and Addendum

The Addendum simplifies the Agreement and provides a number of benefits to the Company, being:

· The removal of contractual hurdles to earn a 90% Interest, including the requirement of expenditure towards a feasibility study to earn an 85% Interest (estimated as significant), and further development expenditure to earn an additional 5% Interest;

· The removal of the option of Cherry Hill to contribute to development costs and so retain a 15% interest in the licence at their election;

· The removal of the deadline to reach an 85% Interest, previously 18 March 2016, and removal of Cherry Hill being able to sell up to a 25% interest to a third party if the deadline isn't met;

· Added certainty to the Company attaining ownership of an additional attributable mineral resource of 101,750 oz Au; and

· More attractive conditions of the final US$60,000 participation fee to be paid to Cherry Hill, now being on the conclusion of a successful feasibility study, rather than on commencement of expenditure towards a feasibility study, successful or otherwise.


Further exploration and development costs on the Homase licence will be met in full by the Company. Should the Company complete a successful feasibility study, the Parties will negotiate in good faith to agree on the terms and conditions for the buyout of Cherry Hill's remaining 10% interest in the Homase licence. If the Parties cannot agree on the terms and conditions for the buyout of Cherry Hill's interest, Cherry Hill will be entitled to receive a royalty of 2% in exchange for its interest.


Pursuant to Ghanaian law the Government of Ghana is entitled to a 10% free carried interest in any mining ventures, which can be exercised at any time after the granting of a mining lease.


GoldStone is presently conducting an in-fill auger sampling program over the Homase/Akrokerri project, designed to provide the Company's geologists with sufficient density of data and confidence of provenance of gold mineralisation to be able to plan a drilling campaign, with a view to potentially adding to the Company's existing 602,000 oz Au JORC Code complaint resource for the Homase/Akrokerri project. The Homase Licence contributes a total JORC Code compliant resource of 6.83 million tonnes at an average grade of 1.86 g/t Au for 407,000 oz Au to the combined project resource.


**ENDS**

http://www.moneyam.com/action/news/showArticle?id=5050230

Stratex International Plc
('Stratex' or 'the Company')

Goldstone Increases Interest in the Homase Licence: Homase/Akrokerri Project, Ghana

Stratex International Plc, the AIM-quoted exploration and development company, is pleased to announce that Goldstone Resources Limited (“Goldstone”; AIM:GRL), in which the Company holds a 33.45% interest, has signed an addendum agreement (the “Addendum”) to the original joint-venture agreement (the ‘Agreement’) with its Homase partner, Cherry Hill Mining Company Ltd (“Cherry Hill”), to expedite the increase of their interest in the Homase licence. Under the terms of the Addendum, Goldstone’s current interest of 65% in the Homase licence will increase to 90% on payment of US$25,000 to Cherry Hill. The revised Agreement will provide the following benefits to Goldstone:

MORE FROM LINK BELOW:

http://www.stratexinternational.com/news/365

23 June 2015

GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

Final Results for the 10 months ended 31 December 2014

GoldStone (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to announce, following the change in its financial year end from 28 February to 31 December, its final results for the 10 months ended 31 December 2014.

The results below are extracted from the Company's audited financial statements which will shortly be available to view and download in full at the Company's web site www.goldstoneresources.com. Copies of the Company's Annual Report will be posted to shareholders later this week.

Chairman's Statement

I am pleased to address Goldstone shareholders for the first time as Chairman of the Company following the purchase of a 33.45% equity interest by Stratex International plc ("Stratex") a company which I also chair.

2014 has been a year of significant change.

I was only appointed to the board of Goldstone (the "Board") on completion of the placement to Stratex which raised £1.25 million in October 2014 ("Stratex Investment"). I would like to acknowledge the contribution made by the former Chairman, Jonathan Best, and Directors, Hendrik Schloemann and Benjamin Hill, who both stood down on completion of the Stratex Investment to enable the Board to be restructured at that time. Hendrik remained with the Company as Exploration Executive until the end of May 2015 and I would like to thank him for his input during this time.

I would also like to welcome Neil Gardyne who was appointed 12 March 2015 to the Board to replace Emma Priestley. Emma was nominated to the Board by Stratex at the time of the Stratex Investment but subsequently resigned on her appointment to the board of Stratex, a development which unfortunately undermined her position as an independent non-executive director. Neil has had a distinguished career in the mining industry in Africa, most recently with the New Africa Mining Fund and we welcome his experience.

As noted below in the Chief Executive's report, our exploration activity during the year was constrained by a lack of funds, and much of the time was taken up with negotiating and closing the Stratex Investment.

On completion of the Stratex Investment and with an agreement to concentrate on Ghana, where the Company already has a JORC Code compliant resource, we undertook a root and branch review of the Company's database, including its own work and that of previous operators of the Homase/Akrokerri project.

By pooling our existing knowledge base and with the assistance of an outside consultant with many years' experience in West Africa, it was decided to undertake a limited programme of pitting at Homase/Akrokerri to gain a better understanding of the weathering profile across the project. We then built on this more detailed knowledge to plan and undertake an auger sampling programme, which was completed in April 2015, over areas which were prospective for additions to the known mineral resource. The results of this programme gave us higher quality anomalies, mostly at the base of the overburden, which are expected to be more indicative of underlying mineralisation than earlier soil sampling.

We have reviewed the results of the auger sampling programme and after some infill augering, we plan initially to drill two of the anomalies to the southwest of the current resource on a continuation of the structural trend linking Akrokerri with Obuasi.

We have redefined our strategy in Ghana to concentrate on delineating additional near surface, oxide resources which would be easier to process. We have also had discussions with other operators in the area to determine if a critical mass of oxide resources could be accumulated through co-operation but there is no progress to report as yet.

We have reviewed the potential for the discovery of deeper, 'blind', higher grade underground ore shoots which form the basis for operations at the nearby Obuasi mine of AngloGold Ashanti. There are already indications of such shoots and we have discussed the possibility of carving out a deep target project although these discussions are at an early stage. With a higher gold price these potential deeper shoots could offer a very attractive longer-term future for the project.

With the emphasis on Ghana there has been no material work on our properties in Senegal and Gabon. Efforts continue to bring in joint venture partners to fund further work on these projects.

Since the year end we have concluded negotiations with our partner at Homase, Cherry Hill Mining Company Ltd ("Cherry Hill"), to immediately increase our interest from 65% to 90% at a cost of US$25,000. This excellent development is described in more detail by the CEO but we value the continuing involvement of our partner at Homase and are pleased that they will retain a 10% interest.


The market for exploration shares remains depressed and investors, whether retail or institutional, continue to be averse to the perceived risks of gold exploration. We have sufficient funds to undertake the near surface drilling for extensions to the Company's existing oxide resource in respect of the Homase/Akrokerri project. However any major new exploration initiatives will be dependent on an improvement in the market at which time equity or other financing could be considered.

We welcome the involvement of our new strategic investor, Stratex, and with the continued support from Unity Mining Ltd, the restructured Board and the management, who has coped well with significant transition, I look forward to reporting developments on a number of fronts over the rest of the year.

Christopher Hall
Chairman

Full details from link below:

http://www.moneyam.com/action/news/showArticle?id=5061587

Interim Results for the six months ended 30 June 2015

23 November 2015

GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")


DIRECTORATE CHANGES


GoldStone Resources Limited (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to announce the appointment of Mr Kerry Parker as a Non-Executive Director with immediate effect. Mr Parker is replacing Mr Andrew McIlwain as Unity Mining Limited's ("Unity"), the Company's second largest shareholder, representative on the Board. Mr McIlwain has resigned with immediate effect having recently stepped down as Managing Director and CEO of Unity. The Board wishes to extend its thanks and gratitude to Mr McIlwain for his invaluable assistance during his near four years of service to the Company.


Mr Parker is an experienced financial and commercial executive with over 25 years of experience both in Australia and internationally. Mr Parker's experience includes significant equity and debt raising, M&A, commercial negotiation, planning and strategy development. He is currently the Chief Financial Officer of ASX listed Unity. Prior to joining Unity, Mr Parker held the role of Chief Financial Officer at ASX listed Discovery Metals Limited. Other previous roles included Chief Financial Officer and Company Secretary roles at CH4 Gas Limited, Arrow Energy Limited, Inova Resources Limited and Panax Geothermal Limited. Mr Parker holds a Bachelor of Business degree, and is a member of the Institute of Chartered Accountants of Australia and the Australian Institute of Company Directors.


Additional information on Kerry John Parker (SEE LINK BELOW)


http://www.moneyam.com/action/news/showArticle?id=5158461

Metal Tiger plc crossed over the 3% threshold today:

2,100,000 which equates to 3.37%

http://www.moneyam.com/action/news/showArticle?id=5165138

Information on Metal Tiger plc (will update)

Investing in Precious and Strategic Metals

Metal Tiger Plc is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities. Metal Tiger provides financial and business support to companies to maximise the value of their natural resource interests and through this we aim to deliver significant returns for Metal Tiger shareholders.



***************************************************************

30th Nov 2015 November 2015 Presentation

18 February 2016
GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")


Changes to the Board and Management

GoldStone Resources Limited (AIM: GRL) announces that Mr Jurie Wessels, the Company's Managing Director and Chief Executive Officer, has today in accordance with article 17(1)e of the Company's memorandum and articles of association resigned as a director of the Company and his services as an employee of the Company have been terminated with immediate effect.



The Company also announces that Ms Emma Priestley has been appointed as Interim Chief Executive Officer to ensure the orderly continuation of the Company's business. Ms Priestley is not a director of the Company but will be answerable to the Company's board of directors. Ms Priestley, who was previously a non-executive director of the Company, is a director of Stratex International Plc, the Company's largest shareholder being interested in 33.45% of the Company's issued share capital, and accordingly will not participate in any Stratex deliberations concerning the Company.

http://www.moneyam.com/action/news/showArticle?id=5216012

18 February 2016
Stratex International Plc
('Stratex' or 'the Company')

Changes to Goldstone Board and Management

Stratex International Plc, the AIM-quoted exploration and development company, announces that Goldstone Resources Limited ("Goldstone"; AIM: GRL), in which the Company holds a 33.45% interest, has today announced that its Managing Director and Chief Executive Officer Jurie Wessels has resigned as a director of Goldstone and his services as an employee of Goldstone have been terminated with immediate effect. Stratex Director Emma K Priestley has been appointed as Interim Chief Executive Officer of Goldstone to ensure the orderly continuation of Goldstone's business. Ms Priestley is not a director of Goldstone but will be answerable to the Goldstone board of directors.

The full text of the announcement by Goldstone can be found at

http://www.goldstoneresources.com/investors/news-releases.html


http://www.moneyam.com/action/news/showArticle?id=5216011

09 March 2016
Stratex International plc

Final Results


http://www.stratexinternational.com/public/site/uploads/newsPDF-395.pdf

Speculation that MTR may increase their stake?


Edit-I remember why I forgot about this now........any chance of 16p! :-)

12 April 2016
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

Corporate update and loan facility

GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, provides an update to the market and to shareholders.

Given the prevailing commodity prices and market sentiment towards exploration companies, Goldstone has undertaken a number of initiatives to reduce costs and recalibrate the business in line with the current financial position of the Company. This has included seeking to reduce or eliminate a significant portion of the Company's day to day administration and running costs, including salaries and all Non-executive Directors and interim CEO's fees having been waived going forward.

In addition, the Company is undertaking limited exploration activities, consisting mainly of work to keep its licences in good standing, and following the recent changes to the Company's board of directors ("Board"), the Board is exploring options for the Company's assets, which may include a disposal of one or all of its assets.

The Company is also pleased to announce that its largest shareholders, Stratex International Plc ("Stratex") has agreed to provide a short term loan to the Company for, in aggregate, up to US$100,000 (the "Loan"), demonstrating their ongoing support to the Company. The Company has entered into the loan agreement with Stratex who will provide an unsecured loan of up to US$100,000 repayable on or before 31 December 2016. Interest will accrue on the outstanding amount of the Loans at 5.0% per annum and will be payable quarterly in arrears. The Loan, which will be used to provide general working capital, may be drawn against amounts in accordance with the budget approved by the Board.


As at 11 April 2016, the Company had available cash resources of approximately US$113,000 and it is the Company's intentions to drawn down the Loan as and when required. The Company also confirms that it is currently in negotiations with regards to a settlement with Jurie Wessels, the previous Managing Director and CEO.

As a substantial shareholder, Stratex is deemed a related party of the Company and the Loan therefore constitutes a related party transaction pursuant to Rule 13 of the AIM Rules for Companies. Accordingly, the independent directors, being Neil Gardyne and Kerry Parker, having consulted with Strand Hanson Limited, the Company's nominated adviser, consider that the terms of the Loan are fair and reasonable insofar as the Company's shareholders are concerned.

http://www.moneyam.com/action/news/showArticle?id=5294058

Metal Tiger Plc
28 April 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")

STRATEGIC ACQUISITION - GOLDSTONE RESOURCES



Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce the Company's participation in the acquisition of 12,013,173 shares of Goldstone Resources Ltd ("Goldstone Resources")(AIM:GRL) by the Company and Red Rock Resources plc ("Red Rock")(AIM:RRR) at a price of 1.87p per Goldstone Resources share.

The acquired shares total 19.29% of the issued share capital of Goldstone Resources, and upon completion of the acquisition Red Rock will acquire and own 6,006,587 GRL shares (9.645% of GRL) and MTR will acquire 6,006,586 shares (9.645% of GRL). Metal Tiger already owns 2,250,000 shares in Goldstone Resources, therefore following the additional acquisition Metal Tiger will own 8,256,586 shares representing 13.26% of Goldstone Resources.

Goldstone Resources is an exploration company with exploration skills that focus on West and Central Africa. The assets include the Homase/Akrokerri project adjoining and to the East and North of AngloGold Ashanti's Obuasi mine in the Ashanti Gold Belt in Ghana. The project has a JORC Mineral Resource of 602,000 oz of gold at 1.77 g/t. Other licenses are held in Gabon and Senegal.

The consideration for the acquisition is £225,000. Of this consideration £112,500 is payable in cash by Metal Tiger.

The balancing consideration of £112,500 is payable by Red Rock Resources and we would refer readers to their market announcement in this regard.

At the close of business on 27 April 2016 the price of GRL shares was 1.65 pence and the market capitalisation of GRL was £1.027m. In the six months to 30 June 2015 GRL reported pre-tax losses of £813,206 and net assets of £730,423.

Paul Johnson, Chief Executive Officer of Metal Tiger plc excluded himself from the decision to proceed with this acquisition being an existing holder of Goldstone Resources shares.

Terry Grammer, Chairman of Metal Tiger commented "We are pleased to announce the strategic acquisition of shares in another UK listed operating resource company. Metal Tiger continues to build its investment in low valuation clean operating vehicles and anticipates further transactions of this nature will be undertaken in the near future.

The Goldstone Resources interest will be held in the Company's Asset Trading division."

For further information on the Company, visit: www.metaltigerplc.com:

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=MTR&ArticleCode=g3lt1dgb&ArticleHeadline=Strategic_Acquisition__Goldstone_Resources

28 April 2016
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

Change of Holdings


GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, announces that it has today been notified by Unity Mining Ltd ("Unity") that Unity has entered into a binding agreement for the disposal of all of its ordinary shares of 1.0 pence each in the capital of the Company ("Ordinary shares"), being 12,013,173 Ordinary Shares, for an aggregate consideration of £225,000, which is expected to complete on 3 May 2016 (the "Transaction").

The Company has also been notified today by Metal Tiger plc, who already hold 2,250,000 Ordinary Shares, and Red Rock Resources plc that as a result of the Transaction, they will each be interested in 8,256,586 and 6,006,587 Ordinary Shares respectively, representing approximately 13.26% and 9.64% of Goldstone's issued share capital respectively on completion.

http://hsprod.investis.com/ir/grl/ir_new.jsp?page=news-item&item=2446278080331776

GoldStone surges as Metal Tiger/Red Rock buy out Aussies
12:04 28 Apr 2016

The consideration is £225,000, split equally between the AIM companies, with Metal Tiger paying in cash and Red Rock in new shares.



Fast growing resources investor Metal Tiger (LON:MTR) has increased its stake in junior gold explorer Goldstone Resources (LON:GRL).

In partnership with Red Rock Resources (LON:RRR), another AIM–quoted mining group, Metal Tiger is acquiring the 19.3% stake from Aussie miner and long-term GoldStone investor Unity Mining.

The consideration is £225,000, split equally between the AIM companies, with Metal Tiger paying in cash and Red Rock in new shares.

Goldstone’s main asset is a controlling interest in the Homase/Akrokerri project in the Ashanti Gold Belt in Ghana, which has a JORC Mineral Resource of 602,000 oz of gold at 1.77 g/t.

Paul Johnson, Metal Tiger’s chief executive, took no part in the acquisition discussions as he was already a holder of shares in Goldstone.

Terry Grammer, Metal Tiger's chairman, said it was pleased to taking a stake in another UK-listed operating resource company.

“Metal Tiger continues to build its investment in low valuation clean operating vehicles and anticipates further transactions of this nature will be undertaken in the near future.”

After this transaction, Metal Tiger will have a 13.26% stake including shares it bought previously while Red Rock will own 9.65%.

Another AIM-listed junior Stratex International (LON:STI) owns a 33.45% stake in Goldstone and recently provided it with a short-term loan of US$100,000.

Shares in Goldstone jumped 67% to 2.75p. Metal Tiger rose 2% to 4.6p, Red Rock rose 11% to 0.53p and Stratex 20% to 2.46p.

Philip Whiterow

Paul Johnson, Chief Executive Officer of Metal Tiger plc talking about various MTR interest but from 20:38 it's about GRL:

http://www.lsesharetalk.com/share-news/metal-tiger-ceo-speaks-to-lse-share-talk-ggp/

27 May 2016
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

Board Changes

GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, announces that Mr Kerry Parker has notified the Company of his intention to step down from the board of the Company as a Non-executive Director on 31 May 2016. The board would like to take this opportunity to thank Mr Parker for his contribution since he has been with the Company.

http://www.moneyam.com/action/news/showArticle?id=5350179

GOLDSTONE RESOURCES LIMITED-Final Results

30 June 2016
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

DIRECTORATE CHANGES

GoldStone (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to announce the appointments of Emma Priestley, current interim Chief Executive Officer, as Executive Director and Chief Executive Officer and Andrew Bell as a Non-executive Director of the Company with immediate effect.

Emma Priestley specialises in Africa and emerging market sectors, developing and advising companies. Emma is currently a director of Stratex International Plc (AIM: STI) as business development and market liaison, in conjunction with which she is an adviser with African Resource Capital focussed on investments on the African Continent. Previously, in this capacity, until its successful takeover, she was an Executive Director of Lonrho Plc, focussing on opportunities in agriculture, infrastructure, logistics, and natural resources, and attracting investors to them, both in equity and structured finance. Emma has worked with GVA Grimley and IMC Mackay & Schnellmann, investment bank CSFB and advisers VSA Resources and Ambrian Partners, where she worked as a corporate broker and financial adviser. Emma is a graduate of Camborne School of Mines, is a chartered Mining Engineer and Chartered Mineral Surveyor.

Andrew Bell began his business career as an investment analyst at Morgan Grenfell & Co Ltd specialising in the mining and oil and gas sectors. After experience as a Far Eastern unit trust manager and pension fund manager at Grieveson Grant & Co and elsewhere, he held various positions in corporate finance and in trading and property development companies. Since 2004, he has served as Executive Chairman of Regency Mines plc (AIM: RGM), since 2005 as Chairman and CEO of Red Rock Resources plc (AIM: RRR) and since 2006 as Chairman of Greatland Gold plc (AIM: GGP).



Goldstone Chairman, Christopher Hall, commented:

"We are very pleased that Emma and Andrew are joining the Goldstone Board and look forward to their input in helping to drive the Company forward as we seek to advance the Company's assets."

The additional information below is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies ("AIM Rules"):

Additional information on Emma Kinder Priestley (aged 43)

Directorships and partnerships currently held or previously held in the last five years by Emma Priestley are as follows:

***More from Link below***

http://www.moneyam.com/action/news/showArticle?id=5369819

12 July 2016
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

NOTICE OF ANNUAL GENERAL MEETING

GoldStone Resources Limited (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to announce that the Company's Annual General Meeting will be held at 10.00 a.m. on 28 July 2016 at Faegre Baker Daniels LLP, 7 Pilgrim Street, London EC4V 6LB.


The Notice of Annual General Meeting has been posted to shareholders and is available on the Company's website www.goldstoneresources.com.

http://www.moneyam.com/action/news/showArticle?id=5378000

28 July 2016
GOLDSTONE RESOURCES LIMITED

Conditional £1.0 million Fundraise and Director Change

GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, is pleased to announce that it has conditionally raised, in aggregate, £1.0 million through a placing and subscription of £0.809 million and the settlement of a loan of £0.191 million (US$0.25 million).

Highlights

· GoldStone has conditionally raised, in aggregate, £1.0 million before expenses through

- the placing and subscription of 32,366,400 new ordinary shares of 1.0p each ("Ordinary Shares") with new and existing investors at a price of 2.5p ("Placing Price") (the "Placing")

- the settlement of Stratex International Plc's ("Stratex") unsecured loan of £0.191 million (US$0.25 million), being the amount drawn down to date, (the "Stratex Loan") into 7,633,600 new Ordinary Shares based on the Placing Price (the "Loan Settlement") (together with the Placing, the "Fundraise")

· Pursuant to the Placing, 9,342,954 new Ordinary Shares will be issued under the Company's existing share authorities and 30,657,046 new Ordinary Shares will be issued under the new share authorities to be sought at the Company's annual general meeting later today ("AGM"). However, if shareholders do not approve the Company's share authorities pursuant to Special Resolution 1 as set out in the notice of the AGM, the Fundraise will not proceed

· The Placing Price represents a discount of approximately 13.0 per cent. to the closing share price of 2.875p on 27 July 2016, being the last day prior to this announcement

· A warrant to subscribe for one new Ordinary Share at a price of 5.0p per share, being a 100 per cent. premium to the Placing Price, will be attached to each new Ordinary Share issued pursuant to the Fundraise (the "Warrants"). The Warrants will vest immediately on issue and are valid for 24 months from the date of Admission. Stratex has undertaken that it will not exercise the Warrants issued to it, if such exercise would result in an obligation to make an offer under Rule 9 of the City Code on Takeovers and Mergers.

· In addition to the Loan Settlement, Stratex has also subscribed for 5,745,464 new Ordinary Shares pursuant to the Placing. On completion of the Fundraise, Stratex will therefore be interested in 34,212,397 Ordinary Shares, representing approximately 33.45 per cent. of the Company's then enlarged share capital

· The proceeds of the Fundraise will enable GoldStone to advance its existing projects, including undertaking reverse circulation ("RC") drilling on its main project, Homase-Akrokerri, assess other strategic opportunities and provide general working capital



Christopher Hall, Non-executive Chairman of GoldStone, said:

"I am very pleased that due to investor demand, Goldstone's planned £850,000 financing was increased to £1.0 million. Our largest shareholder, Stratex, has agreed to settle its loan and subscribed for additional shares as part of the Fundraise in order to maintain its interest. There was support from most other large shareholders and gratifyingly, there was a significant contribution from new investors encouraged by the improving market conditions for junior exploration companies and no doubt following the recent appointment of Emma Priestley as CEO. As a result, the Fundraise provides the Company with a strengthened balance sheet and impetus to advance its projects in Ghana.

With this in mind I have made the decision to step down after almost two years on the GoldStone board, following the conclusion of the Company's AGM. The Company has agreed that, in the interests of all shareholders, Neil Gardyne, the Independent Non-executive Director, will succeed me as Non-executive Chairman."

Background to the Fundraise and use of proceeds

The Company is pleased to announce the Fundraise, which represents an important first step for the Company as it seeks to advance its assets after a period of minimal activity. The net proceeds of the Fundraise will be will used to advance the Company's principal project, Homase-Akrokerri, through the completion of up to 2,000 metres of RC drilling to test the extension of the known mineralisation. In addition, the net proceeds of the Fundraise will also provide the Company with general working capital and an opportunity to assess other strategic opportunities.

In addition, as a result of the Loan Settlement, the Company will have no outstanding borrowings.

Settlement, dealings and total voting rights

Subject to approval of the share authorities at the AGM, application will be made for the admission of 40,000,000 new Ordinary Shares to trading on AIM ("Admission"). Admission and dealings in new Ordinary Shares is expected to commence at 8.00 a.m. on 11 August 2016. On Admission, the Company will have 102,286,363 Ordinary Shares in issue.

The Company does not currently hold any Ordinary Shares in treasury. Accordingly, the above figure of 102,286,363 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Significant shareholders participation in the Fundraise and related party transactions

Pursuant to the Fundraise, Stratex has agreed to the Loan Settlement and to subscribe for 5,745,464 new Ordinary Shares in the Placing and, accordingly, immediately following Admission it will hold 34,212,397 Ordinary Shares, representing approximately 33.45 per cent. of the Company's enlarged issued share capital.

Metal Tiger plc ("Metal Tiger") has also subscribed for 1,000,000 new Ordinary Shares in the Placing and, accordingly, immediately following Admission it will hold 9,256,586 Ordinary Shares, representing approximately 9.05 per cent. of the Company's enlarged issued share capital.

As Stratex and Metal Tiger each currently holds over 10 per cent. of the Company's issued share capital, their participation in the Fundraise is deemed to be a related party transaction under Rule 13 of the AIM Rules for Companies. The independent director of the Company for the purpose of the Fundraise, being Neil Gardyne, having consulted with the Company's nominated adviser Strand Hanson Limited, consider that the terms of Stratex's and Metal Tiger's participation in the Fundraise are fair and reasonable insofar as GoldStone's shareholders are concerned.

http://www.moneyam.com/action/news/showArticle?id=5387287

LSEsharetalk ‏@LseShareTalk · Aug 9

LSEsharetalk Retweeted Regency Mines

LSE Share Talk are in talks with Goldstone Resources #GRL Will update soon

https://twitter.com/LseShareTalk

16 August 2016
GOLDSTONE RESOURCES LIMITED

Holding in Company


GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, announces that on 15 August 2016 it was notified by Metal Tiger plc that it is now interested in 6,906,586 ordinary shares of 1.0 pence each in the capital of the Company representing approximately 6.75 per cent. of the Company's issued share capital.

http://www.moneyam.com/action/news/showArticle?id=5398646

MiningMaven ‏@theminingmaven · Aug 16

Emma Priestley, the newly installed CEO of Goldstone Resources (LON:GRL) is our guest on the Podcast today.

Goldstone recently closed a £1m placing, the funds for which will be used to advance the Company's principal project in Ghana, Homase-Akrokerri, through the completion of up to 2,000 metres of RC drilling to test the extension of the known mineralisation.

In addition, the net proceeds of the fundraise will also provide the Company with general working capital and an opportunity to assess other strategic opportunities.

This is the first step for the Company as it seeks to advance its assets after a period of minimal activity.

https://audioboom.com/boos/4938174-miningmaven-podcast-no-40-with-goldstone-resources-lon-grl-ceo-emma-priestley

19 August 2016
GOLDSTONE RESOURCES LIMITED

Director Dealing

GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, announces that on 18 August 2016 it was notified by Andrew Bell, a non-executive director of the Company, that he purchased a total of 154,522 ordinary shares of 1.0 pence each in the capital of the Company ("Ordinary Shares") on the same day at prices between 2.35p and 2.4p. Andrew Bell's total holding in the Company is now 1,351,356 Ordinary Shares representing 1.32 per cent. of the Company's issued share capital.

http://www.moneyam.com/action/news/showArticle?id=5401039

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

Metal Tiger plc increased from 6,906,586 to 7,606,586 (7.44%) 19/08/16

http://www.moneyam.com/action/news/showArticle?id=5401304

13 September 2016
GOLDSTONE RESOURCES LIMITED

Operational Update


GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, is pleased to advise that the auger drilling program at the Homase-Akrokerri Project in the highly prospective Birimian-age Ashanti Gold Belt of West Africa has commenced, with 93 of the planned 120 holes drilled to date.

Highlights:

· Two teams mobilised to conduct 120 hole auger programme

- 93 auger holes completed, remaining 27 holes to be completed shortly

· Multi-purpose reverse circulation ("RC")/diamond drill ("DD") rig will shortly be mobilised on site to test the extensions of the current 602,000 ounce delineated JORC resource

- initial program will comprise up to 2,500m of RC drilling

- rig has the capability to undertake deeper drilling if warranted by the initial results

· Homase-Akrokerri lies 10km from the Obuasi Mine, one of the world's major gold mines, with combined historical and current resource of c.42 million ounces identified to date

The 2015 auger drilling programme identified, amongst other targets, a 1,500m gold-in-regolith anomaly at the AK02 prospect on the Akrokerri licence, immediately south west and along strike of the 602,000 ounce JORC resource Homase-Akrokerri deposit. The Akrokerri licence is contiguous with the licences of Anglo Gold Ashanti's Obuasi Mine and the geology within Goldstone's Homase-Akrokerri Project area is interpreted to be similar to that which hosts the Obuasi mineralisation.

The AK02 prospect has been prioritised for the planned RC drilling programme of up to 2,500m, whilst the ongoing auger programme is designed to evaluate areas of ground between the anomalous zones identified in 2015.

The multi-purpose RC/DD rig contracted from Geodrill Limited will be on site shortly and is expected to commence drilling operations towards the end of September.

The DD capability will enable the Company to follow-up on zones of interest identified by the planned RC drilling and to test higher-grade zones of mineralisation beneath the existing resource.

http://www.moneyam.com/action/news/showArticle?id=5413537

19 September 2016
GOLDSTONE RESOURCES LIMITED

Interim Results for the six months ended 30 June 2016

GoldStone (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to announce its interim results for the six month period ended 30 June 2016.

Chairman's Statement

It is with pleasure that I present the interim results for GoldStone as Chairman of the Board. I am pleased to report that following the completion of the fundraise in July and with our new CEO, Emma Priestley, firmly in the driving seat, we are confident that we will be able to add value to the Company for the benefit of all shareholders.

Post the period end we raised, in aggregate, £1.0 million (approximately US$1.3 million) through the placing announced on 28 July 2016, and I am pleased to say that the majority of the funds raised came from existing shareholders who demonstrated their support in the Company and its management. The fundraise was to provide, inter alia, funding to advance the Company's principal project, Homase-Akrokerri in Ghana, and we have now completed the 120 hole auger-drilling program and expect to mobilise shortly a multi-purpose reverse circulation ("RC") and diamond drill ("DD") rig to follow up on the extensions to known mineralisation within the Akrokerri licence as identified by the 2015 auger programme.

I do believe that we are finally seeing the bottom of the commodity cycle at last and there is a palpable confidence and enthusiasm in the junior mining sector, which has not been there for the past five years or so. GoldStone is well placed to take advantage of this and we are already seeing a number of opportunities being presented to us, which we will continue to review and assess going forward. Our focus, however, will initially be on adding to the resources we already have in Ghana.

I would like to thank Christopher Hall for the efforts he put into Goldstone during his tenure as Chairman, and we wish him well with his focus now as Chairman of Stratex International Plc, our major shareholder.

I look forward to being able to update you on the results of the recently completed auger and the planned RC/DD drilling programme at Homase-Akrokerri as they become available, and will undertake to keep you and the market fully informed about our progress.

Neil Gardyne
Chairman

Chief Executive Officer's Report

PRINCIPAL ACTIVITIES

The principal activities of the Company during and post the period were focused on concluding essential corporate administrative issues and in recent months the Company has undertaken the successful fundraise of £1.0 million (approximately US$1.3 million) and the recommencing of exploration activities at the Company's principal project, Homase-Akrokerri, in Ghana.

REVIEW OF OPERATIONS

The Company continued to focus its activities on its two key licences in Ghana, namely Homase and Akrokerri. A well-structured programme of early works was undertaken, including rehabilitation of the site access roads, locating and pegging the drill site locations for the auger and RC/DD programmes, crop compensation negotiations, site clearing and procurement of elements for the refurbishment to the camp and certain items of mobile equipment. The Company also continues to be engaged with the local community with the restoration works to the Krodia and Adubriem Schools and the proposed outgrowers scheme involving the local community.

Homase-Akrokerri Licences - Ghana

The Group owns a 90 per cent. interest in the Homase licence and 100 per cent. of the Akrokerri licence. The local 10 per cent. partner in the Homase licence is supportive of the Company's plans.

The 2015 auger drilling programme identified, amongst other targets, a 1,500m gold-in-regolith anomaly at the AK02 prospect on the Akrokerri licence, immediately south-west and along strike of the 602,000 ounce Homase-Akrokerri JORC resource. The Homase-Akrokerri deposit is contiguous with Anglo Gold Ashanti's Obuasi Mine and the geology within Goldstone's Homase-Akrokerri Project is interpreted to be similar to that which hosts the Obuasi mineralisation.

The AK02 prospect has been prioritised for the planned RC drilling programme of up to 2,500m, whilst the auger programme has been designed to evaluate areas of ground between the anomalous zones identified in 2015.

The 120 hole auger programme has now been completed and the multi-purpose RC/DD drill rig is expected to be mobilised on site shortly with drilling expected to commence towards the end of September.

The rig also has the capability to undertake deeper drilling if warranted by the initial results and the DD capability will enable the Company to follow-up on zones of interest identified by the planned RC drilling and to test higher-grade zones of mineralisation beneath the existing resource. These zones have previously been identified as a result of exploration and drill programmes completed over the last 10 years.

Elsewhere in Ghana, minimal work has been undertaken at the Manso Amenfi project.

Gabon and Senegal

The Company continues to identify potential corporate deals for these licences in order to extract their underlying value without actively pursuing significant exploration work ourselves. This may take the form of joint ventures, disposals or other corporate restructuring.

Emma Priestley
Chief Executive Officer

http://www.moneyam.com/action/news/showArticle?id=5416747

Missed the other RNS:
19 September 2016
GOLDSTONE RESOURCES LIMITED

Board Changes

GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, is pleased to announce the appointment of Richard Lloyd as an Independent Non-Executive Director of the Company with immediate effect.

Richard Lloyd is currently Head of Business Development for Global Metals and Mining at Price Forbes & Partners Limited. Prior to joining Price Forbes, Richard was a Director in the Resources, Energy Infrastructure team at ANZ London having joined from Commerzbank AG. Richard has also held positions at Dresdner Kleinwort, Financial Security Assurance UK Ltd and Standard Bank. Before entering the financial services sector to work with natural resource companies, Richard began his career as a geologist, having worked on projects in Indonesia, Malaysia, Peru and Zimbabwe, as well as deep level gold mining with Anglogold in South Africa. Richard holds a BSc (Hons) in Mining Geology and A.R.S.M and an M.Sc. in Mineral Deposit Appraisal from the Royal School of Mines at Imperial College London

In addition, the Company announces that Andrew Bell, a non-executive director of the Company, has resigned as a director of the Company with immediate effect to focus on his other business interests. The Board would like to thank Andrew for his contribution and support over a period of transition and the Company is now on a stronger footing having completed the recent fundraise and re-commenced exploration activity at the Homase-Akrokerri Project. The Board would like to thank him for his contribution and wish him well in his future endeavours.

The following information is required to be disclosed pursuant to Schedule Two, paragraph (g) and Rule 17 of the AIM Rules for Companies.

Additional information on Richard Andrew Lloyd (aged 44)

Directorships and partnerships currently held or previously held in the last five years by Richard Lloyd are as follows:

Current

Previous five years-Envirotechniks Limited

http://www.moneyam.com/action/news/showArticle?id=5416821

13 October 2016 
GOLDSTONE RESOURCES LIMITED
 
Claim by former director and employee of the Company
 
GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, announces that it has been made aware that a former director and employee of the Company has made a claim in The Labour Court of South Africa for certain sums relating to the termination of his employment.  The sum being sought would represent a significant proportion of the Company's current cash resources.
 
The Company is considering the claim with its legal advisers and intends to robustly defend the claim and will make further announcements as and when appropriate.

http://www.moneyam.com/action/news/showArticle?id=5431408

20 October 2016
 
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")
 
Technical Agreement with Stratex
 
GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, is pleased to advise that it has entered into an agreement with Stratex International Plc ("Stratex"), pursuant to which Stratex will provide technical services, including but not limited to exploration and mining services, to GoldStone to support the Company's exploration activities (the "Technical Agreement"). Pursuant to the Technical Agreement, the Company will pay a monthly fee of £1,750 plus VAT to Stratex as well as a further fee in respect of any specific work streams, including but not limited to project management and analysis of results from exploration programmes.
 
As Stratex currently holds over 10 per cent. of the Company's issued share capital and is accordingly a substantial shareholder pursuant to the AIM Rules for Companies ("AIM Rules"), the Technical Agreement is deemed to be a related party transaction under Rule 13 of the AIM Rules.  The independent directors of the Company, being Neil Gardyne and Richard Lloyd, having consulted with the Company's nominated adviser Strand Hanson Limited, consider that the terms of the Technical Agreement are fair and reasonable insofar as GoldStone's shareholders are concerned.

http://www.moneyam.com/action/news/showArticle?id=5434960

Please click or or paste the following link into your web browser to view the announcement below with images: http://www.rns-pdf.londonstockexchange.com/rns/9242O_-2016-11-10.pdf 11 November 2016
 
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")
 
Update on exploration of the Akrokerri licence area, Ghana
 
GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, is pleased to provide an update on the recent drilling programme comprising 3,000 metres of auger and some 1,500 metres of Reverse Circulation ("RC") drilling of the AK02 prospect, located immediately south west and along strike of the Homase/Akrokerri deposit and within the Akrokerri licence.
 
Highlights

·        RC drilling of a 750 metre-long gold-enriched saprolite zone identified within the AK02 prospect by the 2015 auger drilling programme confirmed mineralization at depth and returned significant intersections of 14 metres @ 1.18 g/t gold ("Au") and 8 metres @ 1.88 g/t Au

·        A 120 hole infill auger programme defined a new 1,250 metre x 350 metre zone of gold enrichment in saprolite located approximately 100-200 metres east of the 2015 auger anomaly

·        Geological interpretation of the 2016 auger and RC drilling indicates that the complex structural zone between Homase and AngloGold Ashanti's Obuasi Mine is prospective and that the south-western extension of the main Homase mineralized zone has been offset 200 metres eastward by faulting

·        RC drilling of the southern part of the previously identified Homase-Akrokerri resource zone confirmed continuity of the zone but limited potential for identifying additional oxide resource

·        Diamond drilling, targeting vertical depths of 200-300 metres, commenced to evaluate high-grade ore shoots beneath the known Homase oxide resource.
 
Neil Gardyne, Non-Executive Chairman, commented: "This phase of exploration, focused on the Akrokerri licence that straddles the linking structural zone between the Homase resource and the world-class Obuasi Mine, has demonstrated significant potential in terms of the deeper RC drilling of the target area identified in 2015 and also the identification of parallel zones of gold enrichment in saprolite resulting from the 2016 programme. These results and the juxtaposition of Akrokerri with Obuasi provide considerable encouragement to undertake further exploration in this area.
 
"In the meantime we have also commenced a preliminary programme of diamond drilling to probe the strike extensions of some of the deeper and higher-grade sulphide ore shoots previously identified within the known Homase 602,000 oz gold JORC-compliant resource.
 
"By focusing on adding to the oxide resource and also evaluating the deeper sulphide resource, we are looking to upgrade the total resource base and thus provide various options for exploiting both oxide and sulphide ores, a key corporate objective given the recovering gold price."
 
Further Details ***See Link Below***

http://www.moneyam.com/action/news/showArticle?id=5447388

29 November 2016 
GOLDSTONE RESOURCES LIMITED
 
Update on Drilling Programme for the Homase licence area, Ghana
 
GoldStone Resources Limited (AIM: GRL), the West and Central Africa-focused gold exploration company quoted on AIM, is pleased to announce that the first-phase diamond drilling programme (three holes totalling 797 metres) on the Homase licence to explore the strike extensions of known ore shoots beneath the open pits that exploited higher-grade oxide material in 2001/02, has now been completed.
 
Initial examination of core indicates encouraging signs of gold mineralisation and the Company is awaiting assay results from the laboratory.  However, until the assays are received, no specific value, if any, can be attributed to these initial observations nor can it be determined at this stage whether the results will add to the existing JORC-compliant resource for Homase-Akrokerri of 602,000 oz gold.  The Company will provide an update as soon as the data becomes available.

http://www.moneyam.com/action/news/showArticle?id=5456150

hmmmm!

Please click or paste the following link into your web browser to view the announcement below with images:
http://www.rns-pdf.londonstockexchange.com/rns/1368V_1-2017-1-25.pdf 

26 January 2017 
GOLDSTONE RESOURCES LIMITED
 
Update on diamond drilling at Homase, Ghana
 
GoldStone Resources Limited (AIM: GRL), the AIM quoted company focused on gold exploration in Central and West Africa, is pleased to provide results of the recently completed diamond drilling programme at the Homase project in Ghana that targeted the deeper and higher grade sulphide ore shoots beneath the Homase oxide resource and the historical open pit previously exploited by AngloGold Ashanti in 2002/2003.
 
Highlights

·        Results for the three diamond drill-holes have returned very encouraging results
-   16HMDD-0001: 21.3 metres @ 1.98 g/t from 143.4 metres, including 7.4 metres @ 3.37g/t from 155.2 metres
-   16HMDD-0002: 23.3 metres @ 1.39 g/t from 170 metres, including 6 metres @ 4.44g/t from 187.3 metres and 3 metres @ 8.21g/t from 190.3 metres
-   16HMDD-0003:14.7 metres @ 0.83 g/t from 174.5 metres, including 3.30 metres @ 2.0g/t from 185.9 metres
-   16HMDD-0003: 6.1 metres @ 3.31 g/t from 248.5 metres
·        The drilling confirmed continuity of the mineralised zone to vertical depths of between 120 metres and 180 metres beneath the base of the historic open pit
·        The deeper intersection from the third hole suggests a potential for identifying parallel orebodies within the major structural corridor
·        The Company's immediate focus is to identify additional resources within the upper zones of the Homase mineralised corridor to facilitate near-term planning for exploitation
 
Neil Gardyne, Chairman, commented: "This three-hole drilling programme on the Homase licence has produced encouraging results by starting the process of targeting 'information gaps' within the existing resource.  These results provide important insights to the controls on the mineralisation as well as confirming continuity of the mineralised zone.  Importantly, they will allow us to plan further drilling with a view to adding to the existing resource, whilst at the same time improving confidence levels in the categorisation of the existing 0.62 million ounce JORC Code compliant resource.  Although there is little doubt that the ore shoots continue to greater depths, our focus will be on identifying resources at depths that can exploited in the foreseeable future."
 
Further Details
 
The three-hole diamond drill programme, totalling 797 metres and completed on 29 November 2016, was designed to provide new information on the depth- and strike-continuity of the Homase-Akrokerri mineralised zone beneath the known Homase oxide resource and the area previously exploited by AngloGold Ashanti for oxide material, which lies within the Homase licence.  The steeply NW-dipping mineralised zone occupies a major NE-trending structural corridor 10-15 km north-east of the multiple ore zones that comprise the Obuasi Mine, one of the World's largest gold deposits with a combined production and resource base of >70 million ounces of gold.
 
The three holes were inclined at 60o, 65o and 65o respectively towards 115o and targeted the mineralised zone at vertical depths of at least 100 metres beneath the base of the open pit.  All three holes intersected significant widths of sulphide mineralisation, thus confirming the continuity of the zone with depth.
 
Fig. 1. Location of the three diamond drillholes at Homase

(Please see link at top of announcement for the image)
 
Significant intersections >0.3 g/t Au are summarised in Table 1.
 
Table 1. 2016 Diamond drilling: significant intersections >0.3 g/t Au*


Drillholes 1 and 2 intersected the main mineralised zone at approximately 120 metres and 150 metres below the base of the Homase open pit respectively and returned relatively high-grade central zones within wide lower-grade envelopes.  The third hole intersected a wide low-grade zone of mineralisation that appears to correlate with the down-dip projection of the mineralised zone; it also intersected a higher-grade footwall zone that may be indicative of a parallel zone of interest.
 
The results from the first two holes provide significant encouragement to undertake additional drilling along the north-east extension of the mineralised zone beyond the existing open pit with a view to adding to the existing resource base.  A systematic evaluation of the third hole is necessary to determine the potential for adding to the resource beyond the south-western limit of the open pit but the presence of the higher-grade footwall intersection is very encouraging and not unexpected in the wide and complex structural corridor that hosts the mineralisation.
 
A detailed understanding of the controls of the ore shoots at Homase and Akrokerri is critical to the planning of further exploration and resource drilling.  Structurally and lithologically controlled ore shoots at Obuasi extend to vertical depths of more than 1,500 metres and the Company believes there is a reasonable potential that the ore shoots at Homase-Akrokerri will also have significant depth continuity.
 
However, the Company's immediate focus is to identify additional resources within the upper zones of the mineralised corridor through, subject to funding, further drilling to firstly add to and secondly to improve the categorisation of the existing JORC Code compliant resource for Homase to facilitate near-term planning for exploitation.
 
Sampling, assaying, and QA/QC
 
GoldStone's sampling of drill core, and other geological materials conforms to industry-wide good practise.  The Company maintains QA/QC on all analytical work via the use of certified reference materials, field duplicates, and blank samples in addition to monitoring of internal laboratory check-analyses.  Chain of custody is observed for all samples.  Determination of gold, by fire assay of 50g sub-samples and atomic absorption finish, was undertaken by ALS Minerals Limited in Kumasi, Ghana.
 
Information in this announcement is based on information compiled and reviewed by Issouf Ouedraogo, who is a Member of the Australasian Institute of Mining and Metallurgy.  Mr Ouedraogo has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2012 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'.  Mr Ouedraogo consents to the release of this information in the form and context in which it appears.
 
Mr Ouedraogo is an employee of Stratex International Plc, an AIM quoted company that has a 33.45% equity stake in GoldStone. He provides geological support to GoldStone via the technical agreement between the two companies announced on 20 October 2016.

http://www.moneyam.com/action/news/showArticle?id=5485600

03 February 2017
 
Please click or paste the following link into your web browser to view the announcement below with images:
 
http://www.rns-pdf.londonstockexchange.com/rns/9281V_1-2017-2-2.pdf 
 
GOLDSTONE RESOURCES LIMITED

 
Update on auger drilling at Homase-Akrokerri, Ghana
 
GoldStone Resources Limited (AIM: GRL), the AIM quoted company focused on gold exploration in Central and West Africa, announces the results of a short shallow auger drilling programme completed to test areas parallel to the existing JORC Code compliant resource for Homase-Akrokerri.  As part of an ongoing review by the Company of the historical database for the Homase and Akrokerri licences, which has included a review of the Versatile Time-Domain Electromagnetic ("VTEM") survey and historical soil geochemistry carried out in 2012, the Company has identified nine targets and has now completed an augur drilling programme, consisting of 304 metres from 140 auger holes, testing three of these anomalies.
 
Highlights
·        Ongoing review of the extensive historical database relating to the Homase and Akrokerri licences, including a review of the 2012 VTEM survey
·        Augur programme undertaken to test three of the initial nine targets identified from the review of the 2012 VTEM survey comprising
-   36 holes sampling 86 metres at Akrokerri (Eureka SW)
-   104 holes sampling 218metres at Homase (Eureka and Eureka NE)
·        Assay results from all three targets demonstrate some degree of gold anomalism
·        Two zones of particular significance
-   Eureka, with marked anomalism over a strike of at least 200 metres and possibly indicating the potential of a 400 metre long geophysical anomaly
-   Eureka SW, with an anomalous zone >15 ppb Au identified over a distance of 300 metres
·        These results will be integrated into the 2017 drilling programme which will focus on resource conversion drilling, expanding the existing Homase resource and will also target other areas of interest within the licences
 
Neil Gardyne, Chairman, commented: "The review of historical data is deemed a necessity to ensure we understand the potential of these two licences, which have not been fully explored to date.  This auger programme is the start and demonstrates that we can assess potential targets quickly and cheaply utilising existing data.  The results of this auger drilling to the south-east of the Homase pit on the parallel identified zones, has demonstrated the potential to increase the mineralisation footprint within the licence areas.  We are encouraged by the results and believe they highlight the potential for discovery of additional gold mineralisation zones."
 
Further Details
 
The auger programme targeted the first three priority geophysical anomalies identified as part of a major review of the extensive historical database relating to the Homase and Akrokerri licences.  The database reflects 20 years of geological, geochemical, geophysical and drilling programmes across the licences and the Company believes that a systematic review and integration of the data is critical to the planning of further exploration and resource drilling.
 
Analysis of the results of the 2012 VTEM survey has resulted in the identification of at least nine high-conductivity zones comparable to the geophysical characteristics of the strongly mineralised section of the existing JORC Code compliant Homase-Akrokerri resource.  Three of these anomalous zones were targeted for further evaluation on the basis of proximity to and parallelism with the Homase-Akrokerri zone.  Auger drilling was selected to provide a rapid and cost-effective method of sampling the top of the weathered bedrock ("saprolite").  Manual auger drilling to a depth of 2 to 4 metres was undertaken systematically at 20 metre intervals along fence lines mostly spaced at 100 metres and samples were submitted for gold analysis.
 
Statistical evaluation of the results from the auger programme, indicated a lower threshold at 15 ppb Au that defined samples which can be regarded as anomalous, with further thresholds at 40 ppb and 72 ppb indicating progressively more anomalous samples.  The highest value determined was 628 ppb (0.628 g/t Au) within the Eureka prospect, see Figure 2.  Relating the results of the augur programme to the high-conductivity zones identified from the 2012 VTEM, confirms that all three targeted geophysical anomalies demonstrate some degree of anomalism, with two zones being of particular significance - Eureka with marked anomalism over a strike of at least 200 metres and possibly indicating the potential of a 400 metre long geophysical anomaly, and Eureka SW with an anomalous zone >15 ppb Au identified over a distance of 300 metres.
 
It is anticipated that further targets will be identified as the evaluation of the historical data continues.  This work together with the results of this augur programme, will be incorporated into finalising the 2017 drilling programme.  As previously set out, the Company's initial focus is, subject to funding, to undertake further drilling, firstly to add to and secondly to convert the existing JORC Code compliant resource for Homase-Akrokerri into the Measured categorisation in order to facilitate near-term planning for exploitation.  The Company will, subject to funding, also look to undertake further exploration work on target areas of interest as it seeks to increase the overall mineralisation footprint within the licences.
 
 
Fig. 1. Location of tested EM anomalies unnamed anomalies and Homase-Akrokerri resource areas
 
(Please see link at top of announcement for the image)
 
 
Fig. 2. Location of the augur drilling to test the VTEM anomalies
 
(Please see link at top of announcement for the image)

http://www.moneyam.com/action/news/showArticle?id=5490786

16 May 2017
 
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")
 
Final Results for the year ended 31 December 2016
and Notice of Annual General Meeting

http://www.moneyam.com/action/news/showArticle?id=5549561

Director/PDMR Notifications
 http://www.moneyam.com/action/news/showArticle?id=5563825

17 July 2017
GOLDSTONE RESOURCES LIMITED
 
Update on Operations
 
GoldStone Resources Limited (AIM: GRL) is pleased to announce that it has commenced field work at its Homase-Akrokerri project in Ghana.
 
Following the investment by Paracale Gold Limited, the Company has undertaken a review of all of the available historic data on the existing JORC Code compliant resource for the Homase-Akrokerri project. Based on the review to date, the directors of the Company believe that there is a mineable reserve within the oxide zone within the Akrokerri licence. As the next step, the Company has commenced pit definition drilling, coupled with additional confirmation drilling to progress pit modelling. To carry out this work the Company has appointed Ghanaian contractors, BCM Ghana Limited, who have mobilised a drill rig and established earthworks equipment on the Akrokerri mine site.
 
These initial steps will facilitate pit design and provide the necessary platform for proceeding with an application to the Government of Ghana for a mining permit, which we expect to initiate before the end of September.
 
Neil Gardyne, Chairman, commented: "At long last we have an action orientated outlook for the Company and we are building a team to aggressively pursue a gold production focused strategy for the benefit of our shareholders."

http://www.moneyam.com/action/news/showArticle?id=5586442

30 August 2017

GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

COO Appointment

Goldstone Resources Limited (AIM: GRL), is pleased to announce that it has appointed Darryl Norton as Chief Operating Officer (non-board) with immediate effect.

Darryl's appointment marks the start of the Company seeking to build an operational team as it looks to advance its projects in Ghana and, subject to funding, to move from being an explorer to a production company in the year ahead.

Darryl has over 35 years' experience in the mining industry across Africa, the Former Soviet Union and South East Asia. He has particular experience in the gold sector, having led and managed the design, construction and commissioning of projects for companies including Apex Mining (Philippines), Paracale Gold (Philippines), Gold Mines of Uganda (Uganda), Oxus Gold (Uzbekistan, Kyrgyzstan & Romania), Anglogold (Mali), Randgold Resources (Mali) and Durban Roodepoort Deep (South Africa). Darryl also has board experience having been an Executive Director of both Oxus Gold plc (quoted on AIM) and KazakhGold Group Limited (admitted to trading on the main market).

Darryl also has an interest of approximately 10% in Paracale Gold Limited, which is interested in 27.2% of the Company's issued share capital.

Neil Gardyne, Non-Executive Chairman, said:
"I am delighted that Darryl has joined the Goldstone team. He is a seasoned mining executive with a wealth of operational expertise in Africa and Asia, with a combination of a technical background and a track record of getting things done. I know I speak for the whole Board in welcoming him to the Company and looking forward to working with him as we seek to transform the Company from an explorer to an operational company."

http://www.moneyam.com/action/news/showArticle?id=5644091

15:59 Stratex Int PLC (STI) Holding in Goldstone Resources Limited RNS


11:00 Goldstone Resources (GRL) Director/PDMR Notifications RNS

7 September 2017

GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

Operational Update - Akrokerri Deep Trenches and Licences

GoldStone Resources Limited (AIM: GRL) announces the results of a deep trenching programme, completed as the first step of the pit definition programme announced on 17 July 2017, on the Akrokerri Licence in Ghana. The trenching was undertaken to define the extent of the mineralisation in the near-surface oxide zone of the known deposit and augment the findings from the continued review by the Company of the historical database for the Homase and Akrokerri licences.

The Company dug four trenches (Figure 1), two in each of the proposed pits, within the Southern part of the 2012 JORC Code compliant resource ("Current Resource"). The trenches, located on the Southern part of the Current Resource and along strike from the old Homase pit, were identified as having a high potential for an initial open pit for heap-leach production within the oxide zone. The trenches were dug to a depth of 7 metres and channel samples were taken near the bottom of each trench in 1 metre consolidated intervals.

Figure 1. Location of trenching within the Proposed Pit Outlines in the Akrokerri Licence

http://www.rns-pdf.londonstockexchange.com/rns/0398Q_1-2017-9-6.pdf


Licence Update

The Company continues to review its portfolio and is in the process of renewing its licences in both Senegal and Ghana. With regards to Gabon, the Company is considering its options which will likely result in the disposal or relinquishment of the licences.

In respect to Ghana, all requisite documents have been submitted to the Ghanaian Minerals Commission for both Akrokerri (100 per cent. interest) and Homase (90 per cent. economic interest) and the Company has received confirmation that the licences are awaiting signature from the Minister of Mines.

The current drilling and trenching will facilitate in determining the potential pit design for the proposed Akrokerri pits and will provide the necessary platform for proceeding with an application to the Government of Ghana for a mining permit, following the extension of the licences.

***Further details regarding krokerri Deep Trenches via Link below***

http://www.moneyam.com/action/news/showArticle?id=5655090

27 September 2017
GOLDSTONE RESOURCES LIMITED

Goldstone Announces £1.5 million Subscription

The Board of Goldstone Resources Limited (GRL:AIM) is pleased to announce that the Company is raising £1.5 million gross by way of a subscription for 100,000,000 new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") (the "Subscription Shares") at 1.5 pence per Subscription Share (the "Subscription Price") with new and existing shareholders (the "Subscription").

The Subscription

The Subscription Shares will represent approximately 40.17 per cent of the Company's enlarged issued share capital and application will be made for the admission of the Subscription Shares to trading on AIM. Subject to receipt of the proceeds of the Subscription, expected shortly, it is anticipated that dealings in the Subscription Shares will commence at 8.00 a.m. on 6 October 2017 ("Admission"). The total number of shares in issue following Admission will be 248,968,523, which may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Goldstone under the Financial Conduct Authority's Disclosure and Transparency Rules.

The Subscription Price represents a discount of approximately 31.8 per cent. to the closing mid market price of the Company's Ordinary Shares on 26 September 2017, being the latest practicable date prior to this announcement, and a discount of approximately 21.2 per cent. to the Company's average closing mid market price for the 30 days prior to 26 September 2017.

BCM Investment Limited ("BCM") is subscribing for 50,000,000 Subscription Shares as part of the Subscription, representing approximately 20.08 per cent. of the Company's issued share capital on Admission. BCM and its subsidiaries (together, the "BCM Group") has provided the Company with mining services in relation to the Company's current drilling programmes. As part of the relationship which has developed between the Company and BCM Group as a result of this work and the fact that the BCM Group is supportive of the Company's strategy, discussions that have been ongoing over recent weeks have culminated in the BCM Group supporting the Company through its participation in the Subscription.

BCM is one of Africa's largest private contract miners. BCM Group began as "Bayswater Contracting", a family firm in Western Australia in the early 1950s, involved primarily in the civil works and mining construction business. Under the same family ownership, BCM Group expanded into Ghana in 1990 and thereafter further into Mali, Tanzania, Guinea and Niger. By 2000, BCM had established itself as one of the leading mining and civil contractors in Sub-Saharan Africa. In 2004, BCM became the first Western-style mining contractor in Central Asia, with operations in Uzbekistan and Kazakhstan. BCM are seeking partners to develop resource projects in West Africa.

Relationship Agreement

The Company, BCM and Strand Hanson have entered into a relationship agreement, to provide certain safeguards to ensure, inter alia, that for so long as BCM and its associates together are entitled to exercise or control the exercise of 20 per cent. or more of the issued share capital of the Company, GoldStone is capable of carrying on its business independently of BCM as a substantial shareholder.

Use of Proceeds

The proceeds of the Subscription will be applied to the Company's operations and the general advancement of the Company's corporate objectives.

Related Party Transaction

Paracale Gold Limited ("Paracale"), an existing shareholder in the Company, will be subscribing for 30,000,000 Subscription Shares pursuant to the Subscription. On Admission, Paracale will hold an aggregate holding of 70,352,377 Ordinary Shares in the Company representing approximately 28.26 per cent. of the Company's issued share capital on Admission. As Paracale is currently interested in approximately 27.09 per cent. of the Company's current issued share capital, the issue of Subscription Shares to Paracale is a related party transaction under the AIM Rules for Companies. The Company's Board of Directors, having consulted with the Company's nominated adviser, Strand Hanson Limited, considers that the terms of the proposed issue of the Subscription Shares to Paracale are fair and reasonable insofar as the Company's shareholders are concerned.



Neil Gardyne, Non-Executive Chairman, commented:

"We are delighted to welcome BCM as a shareholder and partner to Goldstone and with the continued support from existing shareholders in raising £1.5 million in an uncertain market. We look forward to applying these funds to furthering the Company's objectives and accelerating growth with Homase/Akrokerri Project in Ghana."

http://www.moneyam.com/action/news/showArticle?id=5680538

2 October 2017

GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

Board Changes

GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, is pleased to announce the appointment of William ('Bill') Trew as Non-Executive Chairman of the Board, with immediate effect.

Bill takes over from Neil Gardyne, who was appointed as Non-Executive Chairman on 28 July 2016 and today resigns from the Board with immediate effect. Bill is currently chairman of the MAED group of companies and a director of Gold Mines of Uganda and Paracale Gold Limited.

Emma Priestley, Chief Executive Officer, commented:

"Neil joined the Board at a time when the Company was undergoing a period of transition. His guidance has been invaluable, particularly in navigating a time of restructuring and refocus and in helping facilitate the smooth transition in executive leadership. We thank him and wish him well with his endeavours going forward.

"We are delighted to welcome Bill to GoldStone. His experience working in mining and knowledge of the market will be invaluable to us as we embark on the next chapter in GoldStone's development."

About William ('Bill') Trew

Bill graduated from the University of Wales with a degree in engineering and achieved a Master's degree in engineering at Randse Africanse University in Johannesburg in 1984, while working at the Chamber of Mines of South Africa.

He has since gained over 37 years' experience in the mining and engineering industry worldwide.

In 1986 he founded MAED Limited, a specialist project management and engineering design company specialising in constructing gold processing plants for the gold mining industry. Under his leadership, MAED has designed and constructed 23 gold processing plants around the globe including Mali, South Africa, Uganda, Uzbekistan, Kyrgyzstan and the Philippines.

He was Chief Executive Officer of Oxus Gold plc, where he oversaw construction of three new gold mines (Amantaytau, Vysokovoltnoye and Jerooy). Since then he has held a number of other executive and non executive roles at listed and private mining companies where he has continued building and refurbishing Gold Mines.

He is currently chairman of the MAED group of companies and a director of Gold Mines of Uganda and Paracale Gold Limited.

The following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies in relation to the appointment of William Trew: ***See link below***

http://www.moneyam.com/action/news/showArticle?id=5686478

03 October 2017
GOLDSTONE RESOURCES LIMITED

Director/PDMR Notifications

GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, announces the following issues of a total of 643,315 ordinary shares of 1 penny each ("Ordinary Shares") to directors of the Company in lieu of salaries accrued in September 2017 ("Fee Shares"). As set out in the Company's announcements of 3 April 2017 and 2 June 2017, the Directors have agreed, in order to preserve cash, to convert salaries and fees through to the end of September 2017 into Ordinary Shares.

The number of Fee Shares to be issued in respect of such fees and salaries for September 2017 has been calculated by reference to the volume weighted average price of the Ordinary Shares for the period of 30 days prior to the 1 October 2017, being 1.92p.

In addition to the Fee Shares, the Board have agreed to issue 96,153 Ordinary Shares to Neil Gardyne in respect of his salary for October, due in respect of his one month notice period following his resignation from the Board announced yesterday (the "Additional Fee Shares"). The number of Additional Fee Shares has been calculated based on the closing mid market price of the Company's Ordinary Shares on 2 October 2017 of 2.08p, being the latest practicable date prior to this announcement.

The Fee Shares to be issued to each of the Directors in respect of accrued fees and salaries for the month of September 2017, the Additional Fee Shares and the resulting interests in Ordinary Shares are set out below: ***Via Link Below***

http://www.moneyam.com/action/news/showArticle?id=5688571

Stratex sells Goldstone Resources stake
17 October 2017 | 08:23am

StockMarketWire.com - Stratex has sold its 13.7% stake in Goldstone Resources to institutional investors for £0.55m.

Shares in the company were sold at 1.6p each.

Emma Priestley has resigned as a non-executive director of Stratex, effective today, due to her full-time commitments as Goldstone's chief executive.


At 8:23am: [LON:STI] Stratex International PLC share price was -0.05p at 1.13p

http://www.stockmarketwire.com/article/5706385/Stratex-sells-Goldstone-Resources-stake.html

TR-1: Standard form for notification of major holdings

9 November 2017

GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

Results of Akrokerri pit definition drilling

GoldStone Resources Limited (AIM: GRL) announces that it has successfully completed its pit definition Reverse Circulation ("RC") drilling programme in the Southern part of the 2012 JORC compliant resource area within the 100% owned Akrokerri licence, with results continuing to confirm the expected gold content.

The RC drilling programme consisted of 26 holes for a total of 1,470 metres at the Akrokerri project. The programme, which is the first part of the Akrokerri open pit project, identified as AK01 North and AK01 South, confirmed the results of the historical drilling and recent trenching to further support the economic potential of the project.

The preliminary assessment of the RC drilling programme shows that 22 of the 26 holes intersected the mineralised zone with economic values and mining widths for the target zone - Table 1 below shows the results of the intervals that will be used for the Pit design. The four sub-economic holes (AKRC022, 23, 24 and 26) are situated at the southern end of the proposed southern pit (see Figure 1). All of the assays were undertaken by the ALS Laboratory in Kumasi, Ghana.

The results from two of the RC infill drillholes exceeded expectations, with AKRC018 returning 2.22g/t over 30 metre drill length between intervals 41 metres and 71 metres at a vertical depth below surface of 27 metres to 48 metres and AKRC012 returning 3.78g/t over 12 metres drill length between intervals 22 metres and 34 metres at a vertical depth below surface of 15 metres to 23 metres. In addition, hole AKRC017 delivered one of the best results on the Akrokerri licence to date, with 12.4g/t over a 1 metre length between intervals 20 metres and 21 metres at a vertical depth below surface of 13 metres.

Based on these assays from this RC drilling programme, the arithmetic average of the grades is 1.8 g/t over 10.5 metres drilling width (approximately 7 metres true width) within the mineralised zone of the two proposed pits (sample cut-off 0.5g/t). The continuous strike length over these two proposed pits is approximately 1,500 metres, compared to the approximately 700 metres strike length of the existing Homase pit which was mined by Ashanti Goldfields between 2002 and 2003 and produced 52,452 oz gold at an average grade of 2.85g/t.

A grade distribution analysis indicates a relatively disseminated pattern, no nugget effect is expected. Therefore, the grade forecast is expected to be close to the mine grade.

A detailed spatial analysis including an estimation of mineable resources is currently being undertaken using MicroMine software and metallurgical tests are on-going.

This programme has indicated that the mineralisation may split towards the South. If this is confirmed by 3D analysis, a sub- parallel second zone may be available for mining within the proposed pit.

Bill Trew, Chairman, commented: "We are very pleased that this programme continues to confirm our expectations of the Akrokerri deposit. We are narrowing the gaps in past drilling and improving the confidence in the resource as required in order to move towards the earliest possible development of a mine. These results are encouraging, in particular the two infill drillholes that exceeded our expectations and the extent of the near surface oxidised, mineralisation zone. We look forward to keeping you updated as we seek to move the project forward."

More from link below

http://www.moneyam.com/action/news/showArticle?id=5736487

27 November 2017
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")

Director Appointment

GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, is pleased to announce the appointment of Angela List as a Non-Executive Director to its Board of Directors (the "Board").

Angela is a director of BCM Investment Limited ("BCM"), which following its participation in the Company's recent fundraise announced on 27 September 2017, is interested in approximately 20.08 per cent. of the Company's issued share capital. BCM is part of the wider BCM Group of companies ("BCM Group"), which are one of Africa's largest private contract miners.

The Board looks forward to working alongside Angela, who has significant operational and in-country expertise, to further the Company's business objectives in Ghana. Her trusted network throughout Africa extends from Government authorities through to the local communities where the BCM Group operates. Most recently, Angela was instrumental in the BCM Group acquiring a 90 per cent. interest in the Nzema Mine in Ghana, formerly owned by TSX-listed Endeavour Mining Corporation.

Angela joined the BCM Group in 2001 as Finance Director and has overseen significant growth throughout the business, increasing total assets from approximately US$21 million up to US$246 million as at 2016. In the same manner revenues have increased from approximately US$20 million in 2001 to approximately US$111 million in 2016. Prior to this Angela was a member of the audit team at KPMG Ghana Limited.

The Company confirms that it intends to appoint an additional independent Non-Executive Director, and the Company looks forward to updating shareholders in due course.

Bill Trew, Non-Executive Chairman of GoldStone, commented:
"I am delighted to welcome Angela to the Board of GoldStone, as she brings a wealth of experience to the GoldStone team. Her business acumen and diverse experience across many disciplines which, in particular, involves mining throughout West Africa, will be a great asset to assist the Company in building value from proposition through to mining and production and bringing shareholder value to the Company."
http://www.moneyam.com/action/news/showArticle?id=5757240

11 December 2017

GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")


PRELIMINARY IN-COUNTRY METALLURGICAL TEST WORK

GoldStone Resources Limited (AIM: GRL) is pleased to announce the results of preliminary metallurgical test work on the AK01 proposed North and South pits on the Akrokerri licence, which have returned encouraging results and indicate the potential for heap leach processing of the oxide mineralisation. The Company is conducting preliminary metallurgical test work on samples obtained from the recent trenching to establish a range of potential processes for the development of the project.

Highlights
• Column tests show the AK01 oxide zone is extremely amenable to both the heap leach and to the CIL gold recovery processes
• Gravity recovered gold of 14.8% and 25.4% in the North and South Pit samples respectively
• Gold extraction from the tailings produced by the gravity tests were 90.2% and 93.5% for the North and South pit samples respectively using bottle roll test work with carbon1
• Column leach testing indicates moderate cement requirements, with 8 kg/tonne ("kg/t") addition rate enhancing the leaching efficiency and yielding acceptable column slump levels2
• Column leach testing over a 30 day period resulted in recoveries of some 82.6% and 84.7% for the North and South pit samples respectively with cement addition of 8 kg/t
Notes:
1. Samples pulverised to all passing 75 microns prior to leaching by sodium-cyanide solution both with and without carbon in bottle roll tests over 24 hour periods.
2. 4.5% & 3.3% column height slump in the North and South pit sample columns respectively utilising 8 kg/t binder material addition.

***More via link below***

http://www.moneyam.com/action/news/showArticle?id=5775346


Goldstone's CEO, Emma Priestley commented:
"This preliminary test work on samples from the proposed pits is encouraging, showing that almost 90% of the recoverable gold via the heap leach method is achieved within the first 15 days of leaching. This indicates that a scale up to mine operation would be very successful. Whilst we are currently maintaining a bias towards oxide material, we are also maintaining focus to exploit the development of the higher grade sulphide zone."

19 January 2018
GOLDSTONE RESOURCES LIMITED

Potential to revitalise the old Akrokeri mine

GoldStone Resources Limited (AIM: GRL), is pleased to announce that as part of the review of historical data, the Company has initiated a project to potentially revitalise the old Akrokeri underground mine ("Akrokeri Mine" or "Mine").

The Akrokeri Mine is situated within the Akrokeri prospecting licence, approximate 1.5 km south of the proposed AK01 South pits, shown in Figure 1. It is recorded by the Ghanaian Minerals Commission that the Akrokeri Mine produced some 75,000 ounces of gold between 1904 and 1909, from about 104,000 tons (94,347 tonnes) of ore, equating to a recovered grade of about 0.73 ozs/t, equivalent to 24g/t. However, the mine closed in 1909, due to a high inflow of water.

The Mine was developed from two shafts 1,400 feet (426.7 metres) apart, to a maximum depth of some 500 feet (152.4 metres) vertical. The gold bearing quartz vein was recorded as being about 4 feet (1.2 metres) in width and produced free milling non-refractory ore. It is situated within the sediments near the contact of a suite of greywackes/ phyllites and the Akrokeri granite.

Two drilling campaigns were undertaken by Birim Goldfields Ltd ("Birim") in 1996, comprising nine Diamond Drill holes totalling 2,000 metres and, Pan African Resources Ltd ("Pan African Resources") in 2008, comprising 10 Diamond Drill holes totalling some 3,200 metres. These holes were located north and south of Akrokeri town along the known quartz vein. From the historic data, it is recorded that the drilling encountered unknown narrow high grade quartz veins within the granite, with samples up to 51g/t. This indicates the potential of a high grade deposit within the entire contact zone (both within the sediments and the granite).

The review of data and assets in 2017 highlighted that the core was incomplete in the Company's core shed housed at site. GoldStone has managed to locate the entire 5,200 metres of core drilled by Birim and Pan African Resources and has relocated it to its core shed, and re-logging is currently underway and, if appropriate, further assaying of the core may be undertaken.

GoldStone is currently reviewing the possibility of opening up the old underground workings at the Akrokeri Mine, to explore the potential mineralised zones along strike extensions and within the old workings, as substantial areas remain untested.

The GoldStone team is continuously examining the historical data for the Homase/Akrokeri mineralised zone, which is opening up new areas to re-assess, as exemplified here.

Figure 1: Location of the Akrokeri Mine

http://www.rns-pdf.londonstockexchange.com/rns/3290C_-2018-1-18.pdf

Emma Priestley, Chief Executive Officer of GoldStone, commented:

"GoldStone continues to review all the historical data for its licences and this has lead to the re-examination of the former mine which we are really excited about. There is a huge opportunity to find and exploit an existing resource and also expand on these resources, not to mention the huge value in the existing infrastructure and underground development."

http://www.moneyam.com/action/news/showArticle?id=5822008

25 January 2018
GOLDSTONE RESOURCES LIMITED

Initiating GeoChemical Soil Sampling over Homase and Akrokeri

GoldStone Resources Limited (AIM: GRL) is pleased to announce that a geochemical soil sampling programme has started within the Homase and Akrokeri Licence areas (the "Licences"). This is being done to confirm known mineralization and anomalies in the area and also to extend the potential of the mineable material outside of the known resource.

Historical exploration of the Licences included Magnetic and Radiometric conductivity (VTEM) and Chargeability (IP) geophysical surveys, soil and outcrop sampling. The existence of gold anomalous areas resulting from the analysis of the historical samples suggest the existence of possible prospective areas as highlighted in Figure 1 below. In addition, artisanal mining activities targeting some NE-SW quartz vein fractures have been carried out around the old Akrokeri mine.

Approximately 6,000 samples, including those for quality control, over six target areas (See Figure 1 below), will be collected and assayed and the results reviewed for prospective anomalies. Sampling will be undertaken over a grid spacing of 50 metres by 20 metres. These are high priority exploration targets and if any soil sampling proves successful, detailed trenching and drilling will be considered.

As part of the soil sampling programme, and to reduce the costs of employing third party preparation, GoldStone has built a sample preparation facility at site for the preparation of the collected soil samples. A supervisor and foreman who previously worked at the AngloGold Ashanti laboratory in Obuasi have been employed to manage this facility.

Figure 1: Plan of the Six Target Areas for Soil GeoChem within the Licences

http://www.rns-pdf.londonstockexchange.com/rns/8493C_-2018-1-24.pdf


Emma Priestley, Chief Executive Officer of GoldStone, commented:

"We are very pleased to confirm a number of anomalies and structures throughout the Licences that we consider are worthy of this cost effective soil sampling programme, which will test the near-surface potential of these areas for additional oxides."

http://www.moneyam.com/action/news/showArticle?id=5829285

18 May 2018
GOLDSTONE RESOURCES LIMITED

Renewal of prospecting licences


GoldStone Resources Limited (AIM: GRL) is pleased to announce that the extension for the prospecting licences in respect of the Homase-Akrokeri project in Ghana has been received.

The Company's wholly owned subsidiary GoldStone Akrokeri Limited ("GAL"), has been notified of the renewal of GAL's prospecting licence, PL6/87, in the Ashanti Region of Ghana for an extended period through to April 2020. This licence incorporates the Akrokerri project, in which the Company has a 100% interest.

The Company has been notified by Cherry Hill Mining Company Limited, that its prospecting licence, RL6/96, has also been extended until April 2020. This licence incorporates the Homase project, in which the Company has a 90% interest.


Emma Priestley, Chief Executive Officer of GoldStone, commented:

"We are very pleased to have received these renewals, and especially for an extended period, demonstrating our commitment to advancing the Homase-Akrokeri project. We are expecting to update the market in the next few weeks on the results from the large scale soil sampling programme that has been on-going. These results, together with the renewal and extension of our prospecting licences demonstrate management's commitment to developing a long-term growth strategy and add real shareholder value."

http://www.moneyam.com/action/news/showArticle?id=5976158

07 June 2018
GOLDSTONE RESOURCES LIMITED

High Gold Grades of 51.01g/t, 24.80 g/t & 17.72 g/t Confirmed

Following Review and Re-logging of Akrokeri Core


GoldStone Resources Limited (AIM: GRL) is pleased to report, further to the Company's announcement of 19 January 2018, the confirmation of high-grade gold intersections following the completion of the review and re-logging of historic diamond core ("DD") holes drilled under or adjacent to the previously producing Akrokeri underground gold mine ("Akrokeri Mine" or the "Mine").


Overview

· Mineralised intercepts of up to 1.0 metre at 51.01 g/t Au confirmed in re-logged diamond core from below and adjacent to the Akrokeri Mine, which previously produced 75,000 oz Au at a final recovered average grade of 0.73 ozs/t, equivalent to approximately 24 g/t

· Two further DD holes identified from 2012, indicating gold bearing quartz intersections in the footwall of the Mine

· Assaying of four of the historic DD holes to the south of the Mine to be undertaken

· The Akrokeri Mine is 12 km along strike to the north of AngloGold Ashanti's Obuasi Gold Mine, one of the world's major gold mines with a total historical and current resource in excess of 70 million ounces of gold

· Defined work programme being finalised to re-open the Akrokeri Mine, targeting gold production within 24 months

· The Akrokeri Mine, together with the Homase pit, provides two highly prospective targets within GoldStone's licences


Emma Priestley, CEO of GoldStone, commented:

"Grades of up to 51.01 g/t gold are remarkable and together with completion of the review and re-logging process, we are very excited about the opportunity and believe it warrants the acceleration of development and the ultimate reopening of the Akrokeri underground mine. Management is focused on identifying the most economic and timely route to production, which we believe can be achieved within 24 months.

"Together with the highly encouraging Homase pit target area and the regional geology which hosts one of the world's largest gold mines, management believe we have a truly exciting development opportunity at the Akrokeri Mine.

"I look forward to keeping shareholders updated as we seek to accelerate the development of GoldStone into becoming a gold producer."



Further Information***via link below**

http://www.moneyam.com/action/news/showArticle?id=6002021

14 June 2018
GOLDSTONE RESOURCES LIMITED

Geological Managers Appointed to Accelerate Development at Akrokeri-Homase

GoldStone Resources Limited (AIM: GRL) is pleased to announce the appointment of SEMS Exploration Services Limited ("SEMS") of Accra, Ghana as Geological Manager of the Company's Akrokeri-Homase project ("AKHM" or "Project") in the Ashanti Region of Ghana. SEMS is charged with designing and implementing the development of the Project with the objective of reopening the Akrokeri underground mine, extending the Homase open pit and delivering first gold production within 24 months.


SEMS has contributed to the development of the Project for many years, with the founder and owner of SEMS, Simon Meadows Smith, originally having discovered the Homase deposit in 1998 with Dominion Mining Ltd. Simon Meadows Smith later sold the project to Ashanti Goldfields Corporation ("Ashanti Goldfields") which developed a shallow open pit which produced 52,000 oz gold at 2.5g/t. Ashanti Goldfields later merged with AngloGold to form AngloGold Ashanti Limited ("ASA"), which is developing the Obuasi Gold Mine, one of the world's major gold mines with a total historical and current resource in excess of 70 million ounces of gold located 12km along strike from the Akrokeri underground mine.


With its long association with the Project, and expertise in the gold exploration and mining industry, the Board believes SEMS is well qualified to serve as the Company's Geological Manager.

SEMS will assess results from the recently completed soil sampling programme that has tested exploration targets along the Homase trend. In addition, they will review historic data including production and drilling results from the Akrokeri Mine, which produced 75,000 oz Au at an average grade of 24g/t in the early 1900's, as well as the production records of ASA's mining operations at Homase from 2001 to 2003. In addition, SEMS has its own geological and technical assessments from studies completed on the project since its discovery in 1998. Once an exploration and development programme for the Project has been approved by the board, SEMS will oversee ground exploration activity.

***More via link below** *

http://www.moneyam.com/action/news/showArticle?id=6011505

20 June 2018
GOLDSTONE RESOURCES LIMITED

Gold anomaly of over 8km identified at Akrokeri-Homase Project

GoldStone Resources Limited (AIM: GRL), is pleased to announce the identification of a >8 km gold-in-soil anomaly at its Akrokeri-Homase Gold Project ("AKHM" or the "Project"), located 12 km along strike from AngloGold Ashanti's +70 million ounce Obuasi Gold Mine in South-West Ghana.

The >8 km gold-in-soil anomaly, which runs from the historic Akrokeri underground mine ("Akrokeri Mine") to north of the Homase open pit ("Homase Pit"), see Figure 1 below, has been identified following a review of the results from the recent geochemical soil sampling programme (announced 25 January 2018) ("2018 Soil Programme") and historic field work.

Overview

· >8 km gold-in-soil anomaly identified following the review of results for the 2018 Soil Programme and historic data

· Gold anomaly contains the historic Akrokeri Mine and the Homase Pit, as well as demonstrating along strike extensions to both mines

· Historic trenching indicates high grade gold mineralisation, including 15.0 metres @ 6.31 g/t Au which includes 4.5 metres @ 18.23 g/t Au from a trench in the Homase North Resource Zone

· Scoping study commenced to better define the oxide resource potential of the >8 km Homase Mineralised Trend ("Homase Trend") to the north and south of the Homase Pit

· 2018 Soil Programme has also defined a gold in soil anomaly for 2.4 km south of the Akrokeri Mine

· Parallel mineralised gold structures also delineated, which may provide further mineral resource upside potential following evaluation work


GoldStone's Chief Executive Officer, Emma Priestley, commented:

"The potential size, scale and grades at our AKHM continue to improve, providing significant support for our recently implemented strategy to commence commercial gold production within two years.

"These results of the 2018 Soil Programme, when combined with historic data, significantly upgrade the prospectivity of the Project and enhance our understanding of the exciting potential of AKHM to contain significant gold mineralised zones. In particular, the Homase North Resource Zone and the zone between the Homase Pit and the Akrokeri Mine now represent two very strong and consistent anomalous areas with significant potential for high grade oxide resources.

"We have commenced a scoping study to evaluate the potential of these oxide zones along the Homase Trend and we look forward to providing further updates in the months ahead."

http://www.moneyam.com/action/news/showArticle?id=6019029

9 July 2018

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")



Ghanaian Government Positive on Obuasi Development



GoldStone Resources Limited (AIM: GRL), which is seeking to bring the Akrokeri-Homase Gold Project ("AKHM" or the "Project") in the Ashanti Region of Ghana back into production, notes that AngloGold Ashanti Limited (JSE: ANG, NYSE: AU) ("AngloGold") has received environmental permits for its historic and current 70 million ounce Obuasi Gold Mine ("Obuasi Mine"), located c.8km along strike from AKHM. The granting of the permits by Ghana's Environmental Protection Agency follows the Parliamentary ratifications of the regulatory and fiscal agreements that cover the redevelopment of the Obuasi Mine. The decision highlights the in-country support for the redevelopment of goldmines and underpins the pro-mining environment in Ghana and in particular the highly prospective Obuasi district within the Ashanti Gold Belt.



The Ghanaian Government decision follows AngloGold's approval in February 2018 that they are committed to spending US$31 million for front-end engineering and other preparatory work as part of their US$500 million investment for the redevelopment of the high-grade Obuasi Mine. The Company believes that the Obuasi Mine and its development plans underpin the significant potential of the Project. AKHM contains two historic gold mines: the high-grade Akrokeri underground mine which produced approximately 75,000 oz Au at a final recovered average grade of 24 g/t, and the Homase open pit, a shallow oxide deposit which previously produced 52,000 oz Au at a final recovered average grade of 2.5g/t. The Company is actively looking to bring the Project back into production with the support of its two major shareholders, Paracale Gold Ltd, a mining investment specialist, and BCM International Ltd, one of Africa's largest private contract miners.



Emma Priestley, CEO of GoldStone said, "I am currently in Ghana and there is significant interest in the development of mining opportunities. With the news of the Obuasi Mine getting Governmental support and AngloGold committing over US$500 million funds, we are highly encouraged by the local and national operational environment of our AKHM Project as we seek to progress towards production within two years.



"We have an extremely high-grade project which keeps on giving; on top of the historical production grades of 24 g/t Au, we have recently identified 8km of strike of which 4km houses the 602,000 oz Au JORC resource which highlights the significant potential of the Project.

10 July 2018
GOLDSTONE RESOURCES LIMITED

Operational Update on High Grade Akrokeri Mine

and Scoping Study & EIS Underway

GoldStone Resources Limited (AIM: GRL), is pleased to update the market on the progress of activities at its Akrokeri-Homase Gold Project ("AKHM" or "the Project") in the Ashanti Region of Ghana. This includes sinking a new shaft to access the historic high grade Akrokeri underground gold mine ("Akrokeri Mine" or "Mine"), one of two previously producing operations at AKHM, to enable the Company to complete a geological assessment of the Mine. The Akrokeri Mine is located approximately 6 km along strike from one of the world's major gold mines, AngloGold Ashanti's ("AngloGold") Obuasi Mine, which has a total historical and current resource in excess of 70 million ounces of gold.


Highlights:

· New 'Norton' shaft (the "Norton Shaft") is being sunk 40 metres east of the historic North Shaft at the Akrokeri Mine to a target depth of 30 metres

· The Norton Shaft is intended to provide

o access to the mineralised zone at the Mine, which produced 75,000 ounces of gold in the early 1900s at a recovered average grade of 24 g/t Au

o access to the old mine workings, which were fully operational until an ingress of water in 1909

o valuable geological information and allow the extraction of samples for test work

· Initiated bulk sample programme along the Homase Trend

· Commencement of an environment baseline assessment to support onward development at AKHM, ahead of intended production within two years



Emma Priestley, CEO of GoldStone, commented:

"This update is a culmination of the previous six month's work, that for the first time includes the collation and review of information from all historic exploration, drilling and mining activities across the Project, which we believe reinforces AKHM's prospectivity and upside potential.

"We are extremely excited by the opportunities at AKHM, including several new targets identified during the review, being the Akrokeri Mine, the potential for further pits along the Homase Trend that includes the Homase Pit, which was mined by AngloGold in 2002/3 at a recovered grade of 2.5 g/t Au, and additional parallel zones.

"With Ghana's Parliament recently ratifying the regulatory and fiscal agreements for the redevelopment of our neighbour, the Obuasi Gold Mine, and the issuing of their environmental permit, the attitude in Ghana towards mining is increasingly positive, reinforcing the backdrop to our strategy of rapidly advancing the Project and achieving production within two years.

"I am currently in Ghana with the management team, planning the next stages of our development and how to optimise the path to production to realise the intrinsic value of AKHM."

***More via link below***

http://www.moneyam.com/action/news/showArticle?id=6045518

2 August 2018
GOLDSTONE RESOURCES LIMITED

Visible Gold at Akrokeri-Homase Gold Project

GoldStone Resources Limited (AIM: GRL), the West-African focused gold developer which is fast-tracking development of its Akrokeri-Homase Gold Project ("AKHM" or "the Project") in the Ashanti Region of Ghana, is pleased to report visible gold from its on-going review of historic drill core. Drill core from both historically producing mines on AKHM, the Akrokeri Underground Mine and the Homase Open Pit, clearly show visible gold as demonstrated in the images which can be viewed using the following link: http://www.rns-pdf.londonstockexchange.com/rns/5309W_1-2018-8-1.pdf



Emma Priestley, CEO of GoldStone said, "We continue to advance development of the AKHM project with the intention of bringing it back into production within two years. Both the higher-grade underground mine at Akrokeri, which has reported historic recovered grades of up to 24g/t Au, and the open pit mine at Homase, which has a current JORC resource of 602,000 ounces of gold at an average grade of 1.77g/t, have visible gold in historic drill core. This reinforces our confidence in the wider mineralised potential of the Project, which is located just 8km along strike from one of the world's major gold mines - the Obuasi Gold Mine, which has a total gold endowment in excess of 70 million ounces of gold.

"We are understandably extremely excited about the consistently encouraging finds that we have experienced at AKHM, and we look forward to updating the market on progress as we complete our scoping study and move ever closer towards production."

http://www.moneyam.com/action/news/showArticle?id=6076093

From this morning:

25 September 2018

New Corporate Presentation and Company Website


GoldStone Resources Limited (AIM: GRL), the West-African focused gold developer which is fast-tracking development of its Akrokeri-Homase Gold Project ("AKHM" or "the Project") in the Ashanti Region of Ghana, is pleased to announce that the Company's new corporate presentation can be found on the new GoldStone website at https://www.goldstoneresources.com/

27 September 2018
GOLDSTONE RESOURCES LIMITED

Operational Update on High Grade Akrokeri Mine


GoldStone Resources Limited (AIM: GRL), is pleased to provide an update on activities at its Akrokeri-Homase Gold Project ("AKHM" or "the Project") in the Ashanti Region of Ghana.

A recent work programme has focussed on accessing the historic, high grade Akrokeri underground gold mine ("Akrokeri Mine" or "Mine"), one of two previously producing mines within AKHM, to enable the Company to commence an assessment of the Mine, which previously produced 75,000 ounces of gold at a recovered average grade of 24 g/t.



Overview

· Significant progress made at the high grade Akrokeri Mine where recently announced mineralised intercepts included 1.0 metre at 51.01 g/t Au

· Completion of the Norton Shaft at the Akrokeri Mine to a total targeted depth of 33 metres (the bottom 3 metres being allowed for a sump and pump station)

· Norton Shaft and existing historic North Shaft will be used as the two access points to the old workings which are expected to be within 8 metres to the south of the Norton Shaft

· Access made to old artisanal workings approximately 150 metres north of Norton shaft that sit along strike from the mineralised structure of the Akrokeri Mine

· Artisanal workings have opened up into shallow workings developed by the previous historic operator indicating that the mineralisation is more extensive than previously thought within the Akrokeri Mine vicinity



Emma Priestley, CEO of GoldStone, commented:

"These recent developments will support the future evaluation of the historic underground workings of the Akrokeri Mine, which produced 75,000 ounces of gold at a final recovered average grade of 24 g/t in the early part of the 20th century. Our assessment so far has indicated that the workings from both the former operator and artisanal miners are more extensive than previously thought and therefore, the mineralisation is too. We are looking forward to continuing our geological evaluation and extracting samples for test work. We are currently working hard in Ghana to progress both the scoping study for the proposed pits on the Homase Trend and related test work, and I look forward to keeping shareholders updated on our progress."

http://www.moneyam.com/action/news/showArticle?id=6144062

28 September 2018
GOLDSTONE RESOURCES LIMITED

Interim Results for the six months ended 30 June 2018


GoldStone Resources Limited (AIM: GRL), the West-African focused gold developer which is fast-tracking development of its Akrokeri-Homase Gold Project ("AKHM" or "the Project") in the Ashanti Region of Ghana, is pleased to announce its unaudited interim results for the six-month period ended 30 June 2018.


Overview

· Highly encouraging mineralised intercepts of up to 1.0 metre at 51.01 g/t Au confirmed by review and re-logging of historic diamond core ("DD") holes drilled under or adjacent to Akrokeri Mine

· New 'Norton' shaft, located 40 metres east of the historic North Shaft at the Akrokeri Mine, completed post period end to a target depth of 30 metres

- Norton Shaft and historic North Shaft will be used as the two access points to the old workings at the Akrokeri mine, which previously produced 75,000 ounces of gold at a recovered average grade of 24 g/t Au

· Soil geochemistry programme has successfully highlighted Akrokeri's position on the Homase Trend

- >8km gold-in-soil anomaly which runs from the historic Akrokeri Mine to north of the Homase Pit

- Defined gold in soil anomaly for 2.4km south of the Akrokeri Mine, which may provide further mineral resource upside potential

· Licences for Akrokeri Project, within prospecting licence PL6/87, and Homase Project within prospecting licence RL6/96, renewed through to 20 April 2020

· Title to Senegalese licences were maintained - the Company will apply for extension of exploration licence upon the satisfactory review of raw drill data

· GoldStone's new website launched to reflect the Company's new strategy of accelerating the development of AKHM into production (www.goldstoneresources.com)



Emma Priestley, CEO of GoldStone, commented:


"2018 has been very busy for the GoldStone team, as we seek to ensure the Company is on track to deliver production at AKHM within the next two years. The results confirmed by the review and re-logging of the historic diamond core are very encouraging and our soil geochemistry programme has indicated further mineral resource upside potential. We are also pleased to launch the Company's new website, as we look to fully communicate our fast track to production strategy with our loyal shareholders."

http://www.moneyam.com/action/news/showArticle?id=6146011

21 December 2018
GOLDSTONE RESOURCES LIMITED

Operational Update on Developments at Akrokeri-Homase Gold Project

GoldStone Resources Limited (AIM: GRL), is pleased to provide an update on activities at its Akrokeri-Homase Gold Project ("AKHM" or "the Project") in the Ashanti Region of Ghana. The Project is centred around two previously producing assets, the high-grade Akrokeri underground mine and the Homase open pit mine, which are being simultaneously developed towards delivering gold production by mid 2020.

The highlights from the work programmes that are continuing on both of the historic mines are set out below.

Akrokeri Underground Mine

· Progress continues to be made at the high grade Akrokeri Mine within the area that hosts the numerous artisanal shafts and pits, whereby work continues to make safe the shallow workings, and those that have been accessed are being mapped

· At the North Shaft, where Level 1 has been intersected, the process of clearing out old rails, wood and debris is underway to form a safe access to continue working in the shaft for the reopening of the mine to access the workings down to 400 feet (approximately 122 metres)


Homase Open Pit Mine

· As part of the Scoping Study along the 8 km Homase Trend, a pilot heap leach project is underway to determine parameters for near term development including the period required for leaching and potential gold recoveries through heap leach treatment

- After the first 40 days of irrigation of a pilot heap leach plant, using 2.5 tonnes of material from Homase South, within the Homase Trend, recoveries are 67.5%, with irrigation continuing through to extinction

- The University of Mines and Technology (UMaT) in Tarkwa, Ghana, estimates that the leach cycle will be 65 days with recoveries of up to 80%

- The oxide zone within Homase South is demonstrating amenability to low-capex heap leach treatment

· Scoping Study will also look at the Homase North Resource Zone within the Homase Trend, where historic trenching has indicated high grade gold mineralisation, including 15.0 metres @ 6.31 g/t Au which includes 4.5 metres @ 18.23 g/t Au

· Following on from the soils programme results announced 20 June 2018, a deep trenching programme is underway, to prove up the continuity of the mineralisation within the Homase Trend north of the former Homase pit. The first stage of trenching is at the Homase North and Adubriem deposits with samples having being submitted to the laboratory, with results expected in Q1 2019

· The Environmental Baseline Study has been expanded to include the potential Homase North pits as well as Homase South


Emma Priestley, CEO of GoldStone, commented:

"Our strategy of advancing development at both Akrokeri and Homase is centred on achieving production at multiple mining operations in as short time as practicable. Akrokeri has the distinct advantage of demonstrating exceptionally high grade material, including intercepts of 1.0 metre at 51.01 g/t Au, and established mining infrastructure, whilst Homase offers the potential benefit of being amenable to low capital heap leach treatment. When looking at the assets in unison, I am confident that GoldStone has a clear pathway to production in mid 2020, utilising the significant support and expertise of our strategic shareholders and team who have a proven track record in building gold mines."

https://www.moneyam.com/action/news/showArticle?id=6253848

28 December 2018
GOLDSTONE RESOURCES LIMITED


US$1.224 million Loan and issue of Warrants

GoldStone Resources Limited (AIM: GRL), announces that it has entered into a loan agreement with Paracale Gold Limited ("Paracale Gold"), the Company's major shareholder, (the "Loan Agreement"), pursuant to which Paracale Gold will provide the Company with a loan of up to US$1.224 million (the "Loan").

The Loan, which will accrue interest at 6.0% per annum, will provide the Company with working capital to fund the continued advancement of its Akrokeri-Homase project ("AKHM" or the "Project"), located in the highly prospective Ashanti region of south-western Ghana. The Project is centred around two previously producing assets, the high-grade Akrokeri underground mine and the Homase open pit mine, which are being simultaneously developed towards delivering gold production by mid-2020.



Summary terms of the Loan and Warrants

· Paracale Gold will provide the Company with a loan of up to US$1.224 million

- US$324,000 will be drawn down immediately

- Three further tranches are available to be drawn down in equal instalments of US$300,000 over the next nine months

· Loan plus accrued interest to be repaid in full on or before 2 June 2022

· The Loan will attract interest at a rate of 6.0 per cent per annum, compounded daily against the Loan's outstanding balance, until it is repaid

· The Loan will be used for the development and advancement of AKHM and to provide general working capital

· Paracale Gold to be issued with 40,352,377 new warrants to subscribe for such number of new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares"), exercisable at a price of 1.2 pence per share at any time during the period through to 2 June 2022 (the "Warrants")

· The existing 40,352,377 warrants held by Paracale Gold have been cancelled

· Director fees to be reduced, with the balance to accrue for deferred payment



Emma Priestley, CEO of GoldStone, commented:

"Paracale Gold shares the Company's vision for the development of the Akrokeri-Homase Project in Ghana. In what remains a challenging market for the natural resource sector, we are pleased to have secured the necessary funding to continue the advancement of AKHM and we welcome and value the continued support of our major shareholder, Paracale Gold as we seek to bring AKHM into production by mid 2020."

https://www.moneyam.com/action/news/showArticle?id=6259010