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Mining & Metals AIM & Small Cap Goldstone Resources

GoldStone Resources starts stacking on largest heap leach pad and prepares JORC drilling programme

GoldStone Resources has begun stacking agglomerated ore onto Pad 6, produced 480 troy ounces of gold in the March quarter and is preparing a JORC‑compliant drilling programme to expand the Homase resource.

by tickstock newsroom
The image features a gold-colored metal square inscribed with the chemical symbol 'Au,' representing gold. The background appears to be a textured surface, adding depth to the composition. aiImage created using AI — ChatGPT

GoldStone Resources (AIM:GRL) has begun stacking agglomerated ore onto Pad 6, its largest heap leach pad, and said it produced 480 troy ounces of gold in the quarter ended March 2026.

The AIM‑quoted mining and development company strengthened its board and secured funding in February 2026 and says it is focused on maximising oxide production at Homase while advancing exploration to confirm a multi‑million‑ounce resource.

"With a strengthened Board and recent funding, GoldStone is entering a new phase: we are focused on delivering immediate production improvements at Homase while advancing exploration to unlock broader resource potential," Chief Executive Officer Emma Priestley said.

During the quarter, the company stacked 36,268 tonnes, produced 480 troy ounces (15.08 kg) of gold and held 19.99 kg of gold in process within the heap leach circuit.

The Minerals Commission approved Pad 6, stacking has commenced, and the company is progressing a structured exploration strategy to extend the known oxide resource while permitting of the sulphide resource is advanced.

GoldStone is preparing a comprehensive drilling programme to support an updated JORC‑compliant resource for the Homase mineralised zone, targeting full strike and depth extensions along the 4,000m trend that was previously reported in 2012 as a JORC 2012‑compliant 602,000 oz gold resource.

Senior management visited the company's early‑stage investment in Wandor Province, Sierra Leone, where initial observations noted gold‑bearing soils and gravels and indications of a deeper primary reef source, a large excavator has been mobilised, and exploration will be coordinated with partner MinCorp (SL) and the National Minerals Agency.

The company expects to announce the updated resource later this year and will provide further market updates as the programme progresses.

by tickstock newsroom

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