Goldstone Resources - Operational Update

Goldstone Resources

02/09/2025 07:00

RNS Number : 5435X

Goldstone Resources Ltd

02 September 2025

 

2 September 2025

 

GOLDSTONE RESOURCES LIMITED

("Goldstone" or the "Company")

 

Operational Update

 

Goldstone Resources Limited (AIM: GRL), the West African gold producer and developer, is pleased to provide an update on its Homase Mine and heap leach operation in south-western Ghana ("Homase").

 

·    Latest Gold Pour: gold production continues to progress encouragingly, with 11.06 kilograms of gold doré, equivalent to approximately 355.6 ounces of gold doré poured during the w/c 18 August 2025.

·    Expansion continues: plans to expand the heap leach continues to progress, with civil engineering design complete, and awaiting construction permit, and geotextile and geomembrane liner ordered and paid for, with anticipated delivery by the end of September 2025.

·    Maintaining volumes and production: the Company continues to focus on delivering 48,000 tonnes of agglomerated stacked ore per month, which, together with moving back into the Pit 1, with a continued average grade of 1 g/t, is expected to maintain the Company's production profile through the remaining months of 2025. 

 

Emma Priestley, Chief Executive Officer, commented:

 

"The collective determination of our technical team and board continues to translate into steady progress at Homase. While the pace has been slower than we would have hoped, operations and gold production remain on a positive trajectory and we are all fully aligned and committed to delivering on our production goals. I look forward to updating shareholders over the coming weeks and months as we work to build further momentum through the remainder of 2025."

 

**ENDS**

 

For further information, please contact:  

 

GoldStone Resources Limited
Emma Priestley
Tel: +44 (0)1534 487 757
Strand Hanson Limited
James Dance / James Bellman
Tel: +44 (0)20 7409 3494
S. P. Angel Corporate Finance LLP
Ewan Leggat / Charlie Bouverat
Tel: +44 (0)20 3470 0501
St Brides Partners Ltd
Susie Geliher
Tel: +44 (0)20 7236 1177


 

About GoldStone Resources Limited

GoldStone Resources Limited (AIM: GRL) is an AIM quoted mining and development company with projects in Ghana that range from grassroots exploration to production.

 

The Company is focused on developing the Akrokeri-Homase project in south-western Ghana, which hosts a JORC Code compliant 602,000oz gold resource at an average grade of 1.77 g/t. The existing resource is confined to a 4km zone of the Homase Trend, including Homase North, Homase Pit and Homase South.

 

The project hosts two former mines, the Akrokerri Ashanti Mine Ltd, which produced 75,000 oz gold at 24 g/t recovered grade in the early 1900s, and the Homase Pit which AngloGold Ashanti developed in 2002/03 producing 52,000 oz gold at 2.5 g/t recovered. Production is currently focussed on the Homase Mine however it is the Company's intention to build a portfolio of high-quality gold projects in Ghana, with a particular focus on the highly prospective Ashanti Gold Belt.

 

 

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