REG - Goldstone Resources - Appointment of NED and Board Role Change

Goldstone ResourcesAnnouncement

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RNS Number : 3896Z  Goldstone Resources Ltd  07 April 2026

7 April 2026

GOLDSTONE RESOURCES LIMITED

("Goldstone" or the "Company")

Appointment of Non-Executive Director and Board Role Change

GoldStone Resources Limited (AIM: GRL) is pleased to announce the appointment
of Dr Bob Foster as a Non-Executive Director of the Company, with immediate
effect.

 

Bob brings over 45 years of international experience in economic geology,
exploration, and mining to the Company. A Chartered Geologist and Chartered
Engineer, he has held senior technical, academic, and executive roles across
Africa, Europe, Central Asia, and the Americas. Bob co‑founded Stratex
International Plc, serving as CEO from 2005 to 2016 and leading a team
credited with multiple gold discoveries, including the sale of the Oksut gold
deposit in Turkey. He was also a founding director of Pan‑African Mining and
Pan‑Reef Mining in Zimbabwe. He currently advises several exploration
programmes in Africa and sits on the Advisory Board of Lake Victoria Gold Ltd.
(TSX-V: LVG). Bob has served in senior industry leadership roles, including
President of the Society of Economic Geologists.

 

The Company also announces that Mike Jones, currently a Non-Executive
Director, has been appointed as an Executive Director with immediate effect.
This transition reflects the Company's commitment to strengthening its
executive leadership. Mike will play an expanded role in providing executive
board support and enhancing corporate oversight as the Company continues to
develop its operations.

 

Emma Priestley, Chief Executive Officer, commented:

"We are delighted to welcome Dr Bob Foster to the Board and Mike Jones'
transition to an executive role. With Bob's extensive technical and industry
experience and Mike's deeper executive involvement, we have maintained a
strong and balanced team of six, with complementary skills well suited to a
mining company at an early stage of growth."

 

Additional Information:

In accordance with Schedule 2(g) of the AIM Rules for Companies, Robert Peter
Foster (aged 77) is, or has been within the previous five years, a director or
partner of the following companies or partnerships:

 

 Current Directorships/Partnerships                Past Directorships/Partnerships (last five years)
 Bob Foster & Associates Ltd                       Ground Modeling Technologies Limited
 Equator Gold Limited                              Ground Truth Ltd
 Resource Exploration & Development (Pty) Ltd      Rockover Holdings Limited
                                                   Rockover Resources Limited
                                                   Rockover Zimbabwe Holdings Ltd

Dr Foster currently holds 100,000 ordinary shares, representing 0.00754% of
the Company's issued ordinary share capital.

There is no further information to be disclosed pursuant to Schedule 2(g) of
the AIM Rules for Companies.

ENDS

For further information, please contact:

 GoldStone Resources Limited
 Emma Priestley / Mike Jones         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

 St Brides Partners Ltd

 Ana Ribeiro                         Tel: +44 (0)20 7236 1177

                                     goldstone@stbridespartners.co.uk

 

 

About GoldStone Resources Limited

GoldStone Resources Limited (AIM: GRL) is an AIM quoted mining and development
company with projects in Ghana that range from grassroots exploration to
production.

The Company is focused on developing the Akrokeri-Homase project in
south-western Ghana, which hosts a JORC Code compliant 602,000oz 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 Akrokerri 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 52,000 oz
gold at 2.5 g/t recovered.  Production is currently focussed on the Homase
Mine however it is the Company's intention to build a portfolio of
high-quality gold projects, with a particular focus on the highly prospective
Birimian Gold Belt.

Goldstone has entered into a binding MoU to acquire a 50% interest in a gold
project in Sierra Leone, located adjacent to the Boamuhun Gold Mine, a known
gold deposit estimated to contain approximately 5.8 million ounces, with early
work indicating grades of approximately 12 g/t.

 

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