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    13:25pm 17th July 2017

    GoldStone Resources Begins Pit Definition Work At Homase-Akrokerri

    LONDON (Alliance News) – GoldStone Resources Ltd said Monday it has commenced field work at is Homase-Akrokerri project in Ghana, after a review suggested there is a mineable reserve within the licence.

    GoldStone said it has appointed BCM Ghana Ltd to begin pit definition drilling, with a drill rig and earthworks equipment now on site.

    The firm said the steps will facilitate pit design and provide a base to apply for a mining permit, which it expects to start before the end of September.

    “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,” said Chairman Neil Gardyne.

    Shares in GoldStone were up 6.2% at 1.62 pence on Monday afternoon.

    By Adam Clark; adamclark@alliancenews.com

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