Just noticed the rise today.

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

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.