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Pin to quick picksGoldstone Resources Regulatory News (GRL)

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Share Price Information for Goldstone Resources (GRL)

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Licence Renewals

15 Apr 2011 11:11

RNS Number : 0053F
Goldstone Resources Ltd
15 April 2011
 



 

 

GoldStone Resources Limited

 

("GoldStone" or the "Company")

 

 

Licence Renewals

 

GoldStone Resources Limited (AIM: GRL), the AIM quoted exploration company focused on gold in West Africa, is pleased to announce that it has received notice from the Minerals Commission of Ghana that the validity periods of the Company's Akrokerri and Manso Amenfi prospecting licences have both been extended for a period of 12 months.

 

Akrokerri

 

The Company's Ghanaian subsidiary, GoldStone Akrokerri Ltd (formerly known as Pan African Resources Ghana Ltd), has received a notice from the Minerals Commission of Ghana informing the company that the Akrokerri licence has been extended for a period of 12 months subject to the payment of a consideration fee of US$15,000. The Company's consultants are in the process of evaluating historical drill data acquired by GoldStone in respect of this licence area in order to determine whether the data supports the estimation of an initial code compliant resource. If successfully completed this initial resource estimate on Akrokerri will, due to its close proximity to Homase, add to the Homase resource.

 

Manso Amenfi

 

GoldStone's joint venture partner Asaasemu Mining Company Ltd, a Ghanaian company, has received notice that the Manso Amenfi licence has been extended for a period of 12 months subject to the payment of a consideration fee of Ghana Cedis 500 (US$330). The soil sampling programme that covers the entire permit area is nearing completion with 400 of the 2,000 samples outstanding. The Company expects to provide an interim report and analysis on the 1,600 samples taken in the coming weeks.

 

 

Enquiries

 

GoldStone Resources Limited

+27 21 551 9009

Jurie Wessels

Westhouse Securities Limited

+44 20 7601 6100

Tim Feather / Matthew Johnson

Optiva Securities Limited

Jason Robertson

+44 20 3137 1906

Jeremy King

+44 20 3137 1904

Walbrook PR

+44 20 7933 8788

Bob Huxford

Jack Rich

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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8th Aug 20227:00 amRNSNotice of AGM
13th Jul 20222:00 pmRNSConversion of Loan
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