Goldstone Resources completes successful auger sampling for Homase / Akrokerri Project expansion

Goldstone Resources Ltd. has recently completed additional auger sampling over eight high-priority gold targets along or in close proximity to the company’s 602 000-ounce Homase / Akrokerri Project deposit in Ghana, revealing potential new zones of mineralisation.

The geochemistry programme comprised 1 332 auger holes drilled to a maximum depth of 3 m. Following a comprehensive review of the results of the programme, focus will be directed towards two particular prospects: the 1 500 m-anomaly AK02 prospect, which lies immediately south west and along the strike of the Homase / Akrokerri deposit, and the 800 m-anomaly AK04 prospect, which may be an extension of the AK02 deposit.

Drilling of these prospects indicated strongly anomalous results of gold values between 44 and 244 parts per billion of gold (0.044 – 0.244 parts per million). Of significance is the fact that both prospects are located over what is thought to be a major flexure of the structural zone hosting the Homaase / Arkokerri gold resource.

The Homase / Akrokerri Project is one of over 1 850 African mining projects listed on the Africa Mining IQ database. Each project on the database is tracked and monitored by a team of dedicated researchers, providing potential contract bidders with powerful, actionable project data.

Outlining the next development phase

The auger method used provided Goldstone’s geologists with samples of Bottom-of-Transported (BOT) material, significantly improving the chances of detecting buried gold deposits.

The next phase of the project, before drilling can be implemented, entails sampling of the anomalies on a 100 x 25 m grid, providing Goldstone’s geologists with a sufficient data density to begin planning a drilling campaign.

GoldStone currently holds a 65% interest in the Homase license, while Akrokerri is 100% GoldStone-owned.

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