Just noticed the rise today.

Company website http://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."

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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