Goldstone Resources Share Price (GRL)

Known gold deposit estimated to contain approximately 5.8 million ounces.. and mining sooon

Https://maps.apple.com/place?map=satellite&auid=15063497962762561926&address=Amansie+Central%2C+Ghana&coordinate=6.335342%2C-1.612867&name=Goldstone+Resources+HQ&lsp=9902

Pads 6 being stacked, then 7 & 8 being formed current as per the attached Satalite Image on Apple Maps, will add circa 125% of area leaching capacity based on me scalling up using the images.

As I've stated before, to me there has been leaching issues, was this a failure of the DFS, site based stacking failure, we haven't been told, but on the basis that the grades vs processed ore stacked appears to be holding up at circa 1 g/t, you have to guess that the Ore simply requires more area to leach efficiently for maximum recovery, that means more leaching pad areas. To get to 10k pee tonne troy ounces production, they'll need to stack circa 300k proceeded ore pee year / 75k per quarter, as of last quarter, so we need a 100%+ increase in that, and I don't think that's a coincidence with the further stacking required, vs the further leach pads being constructed.

With the Gold in Processing (GIP) as of the last RNS and the 36k tonnes stacked, I expect some 1,100 / 1,200 troy ounces to be produced in Q2, that will be announced in late July / early August before the AGM.

Pad 6 will take us to 1,500+ per quarter / 6k+ per year.

I think through trial and error they've arrived at an optimal stacking regime, and heights that each pad can facilitate for maximum recoveries.

If the above I right, a quick re-rate will be inbound.

Mighty oaks from little acorns grow...... possibly!

SL is a minnow / distraction compared to the potential at Homase and Akrokeri in Ghana - wish they were focusing on these where 600,000 oz begging to come out of the ground.

GG, that's a bit unfair as GRL have achieved a lot at the Homase mine but obviously never reached their production targets and hence the fall in SP.

Further updates to come: "We believe this investment in Sierra Leone complements our existing production asset in Ghana and aligns with our strategy of expanding our operational footprint in West Africa. We look forward to providing further updates from both operations in the coming weeks."