Business
Mining Lease Awarded
Mining Lease Awarded.
About this update from Goldstone Resources Limited
[{"type":"text","content":"\n \nRNS Number : 1054D Goldstone Resources Ltd 14 February 2020 \n\n14 February 2020\n \nGOLDSTONE RESOURCES LIMITED\n(\"GoldStone\" or the \"Company\")\n \nMining Lease Awarded\n \nGoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration and development company quoted on AIM, is pleased to announce that, further to its announcement of 20 November 2019, it has now been formally awarded the mining lease on the Akrokeri and Homase Licences for the Homase South Pit and land for the plant and process operation near the town of Obuasi in the Ashanti Gold Belt, Ghana, West Africa.\n \nAs set out in the announcement of 20 November 2019, the lease represents an important step in the Company's goal of bring the Akrokeri-Homase Gold Project into production, with the Homase South Pit being the first of the three pits along the Homase Trend which GoldStone will, subject to funding, seek to bring into production at the earliest opportunity.\n \nThe ten (10) year lease, in accordance with the Minerals and Mining Act, 2006 (Act 703), was officially granted by the Government of Ghana through Ministerial decree in conformity with the Company's request. The lease can be renewed and/or extended to include additional pits along the Homase Trend.\n \nEmma Priestley, Chief Executive Officer, commented: \"We are very pleased with the efforts and professionalism demonstrated by the Government of Ghana in support of this project. We see this as a reflection of a jurisdiction that recognises the importance of encouraging the development of its mineral resources. With the receipt of the mining lease, we will now work closely with the Minerals Commission and the Environmental Protection Authority to finalise the environmental permit in accordance with the environmental regulations.\n \nI look forward to keeping shareholder updated as we continue to move forward with the advancement of the Akrokeri-Homase Gold Project.\"\n \nFor further information, please contact:\n \n\n\n\nGoldStone Resources Limited\n\n\n\n\n\n\n\nEmma Priestley\n\n\nTel: +44 (0)7867 785 177 / +233 (0)55 581 8855\n\n\n\n\n\n\n\n\n\n\n\n\nStrand Hanson Limited\n\n\n\n\n\n\n\nRichard Tulloch / James Bellman\n\n\nTel: +44 (0)20 7409 3494\n\n\n\n\n\n\n\n\n\n\n\n\nSI Capital Lim...