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GRL Goldstone Resources Limited

2.15
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Goldstone Resources Limited LSE:GRL London Ordinary Share JE00BRJ8YF63 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.15 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -1.52M -0.0033 -6.52 9.87M

Goldstone Resources Ltd Permits Granted and Change of Broker (6537P)

19/02/2021 7:00am

UK Regulatory


Goldstone Resources (LSE:GRL)
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RNS Number : 6537P

Goldstone Resources Ltd

19 February 2021

19 February 2021

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")

Permits Granted and Change of Broker

GoldStone Resources Limited (AIM: GRL), the AIM quoted gold exploration and development company focused on bringing its Akrokeri-Homase Gold Project ("AKHM") into production, is pleased to announce the appointment of SP Angel Corporate Finance LLP as the Company's broker with immediate effect.

We are also pleased to announce that both the Mining Operating Permit and the Water Use Permit for the Company's Homase South Pit within the AKHM Project (the "Project") (the "Permits") have been awarded to the Project. The Company now has all of the key permits required to progress the developments at the Homase South Pit and looks forward to updating on progress in due course.

Emma Priestley, Goldstone's CEO, commented :

" We thank the Minerals Commission, Water Resources Commission of Ghana and all involved for the approval of our Permits, with these approvals in place, there is clear demonstration of continued support for the project development from the Ghana Government. We are delighted with the granting of these permits which allows the Homase South Project, to advance with its development phase.

"We thank SI Capital for their support to GoldStone during these past few years and we look forward to updating the market as the Project development progresses."

For further information, please contact:

 
 GoldStone Resources Limited 
 Bill Trew / 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 
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

About GoldStone Resources Limited

GoldStone Resources Limited (AIM: GRL) is an AIM quoted gold exploration and development company.

The Company is focused on developing the Akrokeri-Homase project in south-western Ghana, which hosts a JORC Code compliant 602,000 oz 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 Akrokeri 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 52,500 oz gold at 2.5 g/t recovered. 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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(END) Dow Jones Newswires

February 19, 2021 02:00 ET (07:00 GMT)

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