Directorate Change

GOLDSTONE RESOURCES LIMITED

DIRECTORATE CHANGE

GoldStone Resources Limited (the "Company" or "GoldStone") is pleased to announce the appointment of Andrew McIlwain as a Non-Executive Director with immediate effect.

Mr. McIlwain was appointed Managing Director and Chief Executive Officer of Unity Mining Limited ("Unity"), the Company's largest shareholder, on 2 December 2011. He has over 25 years' experience in the mining industry. He is a qualified mining engineer and has held operational, technical, senior management and executive roles within Mount Isa Mines Limited, Central Norseman Gold Corporation Limited, WMC Resources Limited and Lafayette Mining Limited. More recently, as an independent consultant, he has worked with Oxiana Limited, Heemskirk Consolidated Limited and Tusker Gold Limited focusing on corporate transactions. He is also Non-Executive Director and Independent Chairman of ASX-listed Emmerson Resources Limited.

Jurie Wessels, Chief Executive Officer, said "We welcome Andrew to the Board following his appointment as CEO of Unity. We look forward to benefiting from his experience in developing our portfolio of projects."

Further information on Andrew McIlwain

Andrew Ivor Bruce McIlwain, aged 51, is, or has been within the past five years, a director of the following companies:

Mr. McIlwain has confirmed that there is no further information to be disclosed in accordance with the requirements of Schedule Two (g) of the AIM Rules.

Enquiries: