REG - Goldstone Resources - Issue of Export Permit

Goldstone ResourcesAnnouncement

02/12/2021 07:00

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RNS Number : 3008U  Goldstone Resources Ltd  02 December 2021

2 December 2021

 

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")

 

Issue of Export Permit

 

 

GoldStone Resources Limited (AIM: GRL), is pleased to announce that the
Ghanaian Ministry of Lands and Natural Resources has approved the Company's
permit application to export, sell or dispose of the gold produced from its
mining operation on the Homase Mine in the Ashanti Gold Belt, Ghana (the
"Licence").  The Licence is valid for one year, in line with the Minerals and
Mining Act, 2006 (Act 703) and the Minerals and Mining (General) Regulations,
2012 (L.I. 2173).

 

The Licence allows the Company to manage the export of gold in a timely manner
with the offtake partner, in respect of the payments announced on the 30
November 2021.

 

In line with the Government of Ghana's policy on development of the downstream
minerals sector, the Company may be requested to sell an agreed portion of
gold produced to local refineries at internationally competitive prices.

 

 

 

For further information, please contact:

 

 GoldStone Resources Limited
 Bill Trew / Emma Priestley         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

 

 

About GoldStone Resources Limited

 

GoldStone Resources Limited (AIM: GRL) is an AIM quoted gold exploration and
production company. The Company commenced production at its wholly owned
Homase Mine November 2021. When at full planned production of 2000oz pcm GRL
expects an AISC of 
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