Notice of Final Results & Operations Update

18 June 2025

GOLDSTONE RESOURCES LIMITED

("Goldstone" or the "Company")

Notice of Final Results & Operations Update

Goldstone Resources Limited (AIM: GRL) is pleased to announce that the Company intends to publish its final audited results for the year ended 31 December 2024 (the "Final Results") on 30 June 2025.

The Company also wishes to provide an interim update to shareholders ahead of the release of the Final Results:

· Strong 2025 production at the Homase Mine in south-western Ghana ("Homase"), with 72.9 kilograms of gold doré, equivalent to approximately 2,343 ounces of gold doré poured in 2025 as at 31 May 2025, averaging 468 ounce of gold doré per month.

· Homase maintaining the average 48,000 tonnes of agglomerated stacked ore per month, and feed grade improving with the expansion of Pit 1.

· Costs reducing in line with targets as the Company advances towards positive operational cashflow, with an average all in cost per ounce at USD1,814 per ounce to 31 May 2025.

· Preparation work commenced for the pit definition drilling of Pits 5 and 6, along the Homase Mine, which includes crop compensation, access and drill pad preparation.

· First sales of gold to the Bank of Ghana's gold trading authority, the Ghana Gold Board ("GoldBod"), in line with the Company's Sales Agreement with the Ministry of Lands and Natural Resources, and in compliance with the new Ghana Gold Board Act, pursuant to which 20% of total production is required to be sold to GoldBod at a 1% discount to the London Bullion Market Association quoted spot price on the day of sale.

Emma Priestley, Chief Executive Officer, commented:

"I continue to be encouraged by the turnaround in operational performance at Homase, and we remain optimistic about continuing this upward trajectory throughout the remainder of 2025. I look forward to presenting the 2024 accounts at the end the month, which will provide further detail about the work conducted last year and how this has supported the dramatic uptick in productivity that we now see. 

"I'm also pleased to confirm that our gold sales are fully compliant with the Ghana Gold Board Act. Our strong and constructive relationship with the Ghanaian authorities remains a key pillar as we work to unlock the full potential of both Homase and Akrokeri for the benefit of all stakeholders."

**ENDS**

For further information, please contact:

About GoldStone Resources Limited

GoldStone Resources Limited (AIM: GRL) is an AIM quoted mining and development company with projects in Ghana that range from grassroots exploration to production.

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

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 producing 52,000 oz gold at 2.5 g/t recovered. Production is currently focussed on the Homase Mine however 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.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.