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Progress on Operations

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GoldStone Resources Limited (AIM:GRL) is pleased to provide an update on the progress of operations in respect of the Homase Mine and heap leach operation in south-western Ghana ("Homase").

  • Solid progress with the development of additional heap leach pads at Homase, with Pad 4 now complete and Pads 5, 6 and 7 advancing on schedule and on budget.
  • Construction of Pad 5 now well advanced with civil engineering works completed and the liner being laid, see Figures 1 and 2.
  • Earthwork preparation is underway ahead of developing Pads 6 and 7.
  • Development of additional leach pads is integral to the Company's objective to deliver the planned 50,000 tonnes of stacked and agglomerated ore within six months, to support gold production targets of 1,000oz pcm.

Figure 1: Civil Engineering completed on Pad 5

Figure 2: Commencement of liner being laid on Pad 5

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