GoldStone Resources

GoldStone is an AIM listed exploration company with exploration skills that focus on gold in West and Central Africa. The company's projects are located in Ghana, Senegal and Gabon, and range from grassroots to advanced exploration. The Homase/Akrokerri project is located near AngloGold Ashanti's Obuasi mine within the well mineralised Ashanti Gold Belt in Ghana where more than seventy million ounces of gold have been discovered. The objective of exploration in the Homase/Akrokerri project area is to find extensions of the known ore body along strike and to define oxide resources at a number of prospects elsewhere in the project area. The results of an on-going augering programme will be used to prioritise these prospects for drilling. The JORC compliant gold resource for the Homase/Akrokerri project presently is 602,000 ounces at an average grade of 1.77 grams per tonne and includes 100,000 ounces in oxide material.