RNS Number : 3257F
Goldstone Resources Ltd
16 April 2025
16 April 2025
GOLDSTONE RESOURCES LIMITED
("Goldstone" or the "Company")
Statement re Press Reports
Goldstone Resources Limited (AIM: GRL) notes recent press reports relating to the Ghana Gold Board Act passed on 29 March 2025. The Board of Goldstone would like to reassure investors that the press statement made by GoldBod, the Ghana Gold Board, in relation to trading prohibitions on the local gold trading market in Ghana with effect from 30 April 2025, will not affect mining leaseholders such as Goldstone. Accordingly, the Board does not foresee any impact on the Company or its operations.
**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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