Fast tracking gold production at the Akrokeri-Homase Project in the world class Ashanti Belt in Ghana within two years
Goldstone Resources Ltd is an AIM quoted resource development company with projects in West Africa. The Company has a portfolio of gold projects, from exploration to near term development, the principal being the Akrokeri-Homase project in south-western Ghana (“AKHM” or the “Project”), which lies approximately 8 km along strike from the Obuasi Gold Mine, one of the world’s major gold mines with a total historical and current resource in excess of 70M oz Au.
The Project holds two former mines, the high grade Akrokeri underground mine (the “Akrokeri Mine”), which produced 75,000 oz at a recovered average grade of approximately 24g/t Au, and the Homase open pit mine (“Homase Open Pit”) which previously produced 52,000 oz Au at an average grade of 2.5g/t.
It is the Company’s intention to bring AKHM into production within two years and to build a portfolio of high-quality gold projects in Ghana, with a particular focus on the highly prospective Ashanti Gold Belt.
GoldStone is supported by its two major shareholders, Paracale Gold Ltd, a mining investment specialist, and BCM International Ltd, one of Africa’s largest private contract miners.
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28 Dec 2018 07:00:00
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