TIDMGRL

RNS Number : 7781X

Goldstone Resources Ltd

29 November 2017

29 November 2017

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")

Director Appointment

GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, is pleased to announce, further to its announcement of 27 November 2017, the appointment of Richard Wilkins as an Independent Non-Executive Director with immediate effect.

Richard Wilkins qualified as a chartered accountant with Coopers & Lybrand and subsequently worked in their London and Cairo offices until moving into private business. Richard has considerable experience in emerging markets and the natural resources sector having been a founding director of Zeravshan Gold Co. (Nelson Gold Group - TSX) in Tajikistan in 1994 and co-founder of the Oxus Gold Group of which he was a director from 1996 to 2011. He is also currently a director and company secretary of US-focused base metal explorer and developer, Phoenix Global Mining Ltd which is quoted on AIM.

Richard is a graduate of Pembroke College, Oxford University, and a Fellow of the Institute of Chartered Accountants in England and Wales.

Bill Trew, Non-Executive Chairman of Goldstone, commented:

"I welcome Richard to the Board of GoldStone and I believe he brings highly relevant experience and skills, which will be of significant value in supporting the growth of GoldStone at this exciting stage of development."

Further information on Richard Vaughan Lindsay Wilkins as required in accordance with Schedule 2 (g) of the AIM Rules:

Richard Vaughan Lindsay Wilkins, aged 60

 
 Current Directorships / Partnerships   Directorships / Partnerships held in 
                                         last 5 years 
 Borah Resources Inc                    Central Asia Glass Limited (dissolved) 
 British-Uzbek Society 
 Continental Resources Ltd 
 Dragondonia Ltd 
 Konnex Resources Inc 
 KSJ Investments Ltd 
 Phoenix Global Mining Ltd 
 Oxus Holdings (Malta) Limited 
 RW Associates 
 RW Enterprises Ltd

Richard Wilkins was a director of each of Lifetree Group Limited and Cashtask Limited, both companies within the Volkswriter Group, which went into compulsory liquidation in July 1989 and March 1993 respectively. The Volkswriter Group went into administration and subsequent liquidation over the period 1988-1994, with bad debts in Germany and Scandinavia, alongside the demise of Lifetree Softward Inc., the US supplier of the computer software for which Volkswriter Ltd was the exclusive European distributor. No claims or liabilities arose against the directors.

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

For further information, please contact:

 
 GoldStone Resources Limited 
 Emma Priestley                    Tel: +44 (0)7867 785177 / +233 
                                    (0)55 581 8855 
 
 Strand Hanson Limited 
 Richard Tulloch / James Bellman   Tel: +44 (0)20 7409 3494 
 
 SI Capital Limited 
 Nick Emerson                      Tel: +44 (0)1483 413 500

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

- END -

About GoldStone Resources Limited

GoldStone Resources Limited (AIM: GRL) is an AIM quoted exploration company with projects in Ghana, Senegal, and Gabon that range from grassroots to advanced exploration.

The Company is focused on developing the Homase-Akrokerri project in south-western Ghana, which hosts an existing 602,000 oz gold JORC Code compliant resource at an average grade of 1.77g/t, 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 70 million ounces of gold. It is the Company's intention to build a portfolio of high-quality gold projects in Ghana, with a particular focus on the highly prospective Ashanti Gold Belt.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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