GoldStone Resources Ltd. (GRL.L) Share Price & News

Goldstone Resources Ltd is an AIM quoted resource development company with projects in West Africa. The Company has a portfolio of gold projects, from exploration to near term development, the principal being the Akrokeri-Homase project in south-western Ghana, which lies c.8km along strike from the Obuasi Gold Mine, one of the world's major gold mines with a total historical and current resource in excess of 70 million ounces of gold. The project holds two former mines, the high grade Akrokeri Mine, which in the early 1900's produced 75,000 oz gold at a final recovered average grade of approximately 24 g/t, and the Homase Pit which AngloGold Ashanti developed in 2002/03 producing 52,000 oz gold at 2.5g/t. It is the Company's intention to bring the Akrokeri-Homase Project into production within two years and then to build a portfolio of high-quality gold projects in Ghana, with a particular focus on the highly prospective Ashanti Gold Belt. GoldStone is supported by its two major shareholders, Paracale Gold Ltd, a mining investment specialist, and BCM International Ltd, one of Africa's largest private contract miners.