Stone Resources Provides Update on Yemeni Operations

VANCOUVER, Aug. 30, 2011 /CNW/ -- 
VANCOUVER, Aug. 30, 2011 /CNW/ - Stone Resources Limited (TSX-V: SRH), a company incorporated under the laws of Bermuda and
 listed on the TSX Venture Exchange ("Stone Resources" or the "Company")
 announced today that in light of ongoing political instability and
 armed conflict in Yemen, the Company has been forced to suspend its
 operations in Yemen.


Stone has left a number of local staff in place to guard its offices and
 other assets. The Company's exploration and other activities in Yemen
 will be restored once Yemen's political situation becomes clear and
 public order returns. As a result, the Company has shifted its
 attention to exploration opportunities in other parts of the world,
 including entering into the previously announced agreement to acquire
 majority control of A1 Minerals Limited.


The Company has booked an allowance of approximately US$670,000 for
 doubtful accounts in respect of its Yemeni operations for the six-month
 period ended June 30, 2011. This is not expected to have an impact on
 the ability of the Company to continue its operations going forward.


On behalf of the Board,


Xin Kelei
Vice President


About Stone Resources Limited


Stone Resources Limited is a company incorporated in Bermuda and listed
 on the TSX Venture Exchange in Canada.  The Company is involved with
 mineral resources exploration and development.  Stone Resources plans
 to expand and develop its business using its effective team of experts
 in exploration, geology, metallurgy, mine engineering, law and finance.


Cautionary Statement on Forward-Looking Statements


The information in this document contains certain forward-looking
 statements with respect to activities of the Company, based on
 assumptions about future courses of action, including with respect to
 the Company's future activities in Yemen and the Company's future
 exploration and acquisition activities. Although management has a
 reasonable basis for the conclusions drawn, risk factors and
 uncertainties may cause actual results to differ materially from those
 currently anticipated in such statements. These risks and uncertainties
 relate to such factors as future stabilization of the Yemeni political
 and security climate, the ability of the Company to resume Yemeni
 operations in future and the ability of the Company to successfully
 conclude the acquisition of majority control of A1. In view of these
 uncertainties we caution readers not to place undue reliance on these
 forward-looking statements. Statements made in this document are made
 as of the date hereof and the Company disclaims any intention or
 obligation to update or revise any statements made herein, except in
 accordance with applicable securities laws.


Neither the TSX Venture Exchange nor its Regulation Services Provider
 (as that term is defined in the policies of the TSX Venture Exchange)
 accepts responsibility for the adequacy or accuracy of this release.


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p For additional information contact:br/ Xin Keleibr/ Vice-President and Corporate Secretarybr/ [phone] /p 

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