Business
Licence Renewals
Licence Renewals.
About this update from Goldstone Resources Limited
[{"type":"text","content":"\n \nRNS Number : 0053F Goldstone Resources Ltd 15 April 2011 \n \n\n \n \nGoldStone Resources Limited\n \n(\"GoldStone\" or the \"Company\")\n \n \nLicence Renewals\n \nGoldStone Resources Limited (AIM: GRL), the AIM quoted exploration company focused on gold in West Africa, is pleased to announce that it has received notice from the Minerals Commission of Ghana that the validity periods of the Company's Akrokerri and Manso Amenfi prospecting licences have both been extended for a period of 12 months.\n \nAkrokerri\n \nThe Company's Ghanaian subsidiary, GoldStone Akrokerri Ltd (formerly known as Pan African Resources Ghana Ltd), has received a notice from the Minerals Commission of Ghana informing the company that the Akrokerri licence has been extended for a period of 12 months subject to the payment of a consideration fee of US$15,000. The Company's consultants are in the process of evaluating historical drill data acquired by GoldStone in respect of this licence area in order to determine whether the data supports the estimation of an initial code compliant resource. If successfully completed this initial resource estimate on Akrokerri will, due to its close proximity to Homase, add to the Homase resource.\n \nManso Amenfi\n \nGoldStone's joint venture partner Asaasemu Mining Company Ltd, a Ghanaian company, has received notice that the Manso Amenfi licence has been extended for a period of 12 months subject to the payment of a consideration fee of Ghana Cedis 500 (US$330). The soil sampling programme that covers the entire permit area is nearing completion with 400 of the 2,000 samples outstanding. The Company expects to provide an interim report and analysis on the 1,600 samples taken in the coming weeks. \n \n \nEnquiries\n \n\n\n\n\nGoldStone Resources Limited\n\n\n+27 21 551 9009\n\n\n\n\nJurie Wessels \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWesthouse Securities Limited\n\n\n+44 20 7601 6100\n\n\n\n\nTim Feather / Matthew Johnson\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOptiva Securities Limited\n\n\n\n\n\n\n\nJason Robertson\n\n\n+44 20 3137 1906\n\n\n\n\nJeremy King\n\n\n+44 20 3137 1904\n\n\n\n\n\n\n\n\n\n\n\n\nWalbrook PR\n\n\n+44 20 7933 8788\n\n\n\n\nBob Huxford\n\n\n\n\n\n\n\nJack Rich \n\n\n\n\n\n\n\n \n \n \n\nThis...