20th Nov 2019 13:19
(Alliance News) - West Africa-focused GoldStone Resources Ltd on Wednesday that the Ghanaian government has approved a 10-year mining lease for the Akrokeri and Homase gold licences, for the Homase South pit, and for land for the plant and process operation.
The Ghanaian Ministry of Lands & Natural Resources has approved the mining lease, GoldStone said, and the company is now awaiting issue of the lease.
"The lease represents an important step in the company's goal of bring the Akrokeri-Homase gold project into production," the Jersey-based exploration company said. The Homase South pit is the first of the three pits along the Homase Trend which GoldStone will bring into production.
GoldStone shares in London were up 4.6% at 1.70 pence each on Wednesday afternoon.
By Tapan Panchal; [email protected]
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