Just noticed the rise today.

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

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."

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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."
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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.

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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."

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