25th Jul 2012 07:00
GoldStone Resources Limited
("GoldStone" or the "Company")
Gabon Drilling Commenced
GoldStone (AIM: GRL), the AIM quoted exploration company focused on gold in West and Central Africa, is pleased to announce that drilling has commenced at the Company's Oyem project in Gabon.
The 3,000 metres diamond drill programme, carried out by Goldstone's contractor Geoserve Exploration Drilling Limited, will initially target the central zone of the fifteen kilometre long Oyem gold in soil anomaly.
Whilst drilling progress was slower than originally expected due to the clay-rich saprolitic formation encountered to a depth 58 metres, the first drill hole was recently completed at a depth of 98 metres and intersected the targeted gneiss and amphibolite rocks. The drill core samples will be shipped to South Africa for assaying.
APPROVAL
Dr. Hendrik Schloemann, who holds a PhD in geology, has reviewed and approved the geological content of this announcement.
Enquiries:
GoldStone Resources Limited | +27 21 551 9009 |
Jurie Wessels / Hendrik Schloemann | |
Westhouse Securities Limited |
+44 20 7601 6100 |
Martin Davison | |
Optiva Securities Limited | |
Jason Robertson | +44 20 3137 1906 |
Jeremy King | +44 20 3137 1904 |
Walbrook PR |
+44 20 7933 8780 |
Paul Cornelius / Lianne Cawthorne |
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