Change of Auditor

16 May 2019

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")

Change of Auditor

GoldStone Resources Limited (AIM: GRL) announces that it has appointed DSG Accountancy and Business Services Limited as its independent auditor with immediate effect.

PKF Littlejohn LLP ("PKF") has confirmed that there are no circumstances connected with its resignation which it considers should be brought to the attention of members or creditors of GoldStone.

The Board of GoldStone would like to thank PKF for its service over the years.

For further information please visit www.goldstoneresources.com or contact:

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

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About GoldStone Resources Limited

GoldStone Resources Limited (AIM: GRL) is an AIM quoted exploration company with projects in Ghana, Senegal and Gabon that range from grassroots to advanced exploration.

The Company is focused on developing the Akrokeri-Homase project in south-western Ghana, which hosts a JORC Code compliant 602,000 oz gold resource at an average grade of 1.77 g/t. The existing resource is confined to a 4km zone of the Homase Trend, an >8km gold-in-soil anomaly within the Akrokeri-Homase Licences.

The project hosts two former mines, the Akrokerri Ashanti Mine Ltd, which produced 75,000 oz gold at 24 g/t recovered grade in the early 1900s, and the Homase Pit which AngloGold Ashanti developed in 2002/03 mining 52,000 oz gold at 2.85 g/t overall head grade. It is the Company's intention to build a portfolio of high-quality gold projects in Ghana, with a particular focus on the highly prospective Ashanti Gold Belt.