Goldstone Resources Ltd COO Appointment (2173P)
30 August 2017 - 4:00PM
UK Regulatory
TIDMGRL
RNS Number : 2173P
Goldstone Resources Ltd
30 August 2017
30 August 2017
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")
COO Appointment
Goldstone Resources Limited (AIM: GRL), is pleased to announce
that it has appointed Darryl Norton as Chief Operating Officer
(non-board) with immediate effect.
Darryl's appointment marks the start of the Company seeking to
build an operational team as it looks to advance its projects in
Ghana and, subject to funding, to move from being an explorer to a
production company in the year ahead.
Darryl has over 35 years' experience in the mining industry
across Africa, the Former Soviet Union and South East Asia. He has
particular experience in the gold sector, having led and managed
the design, construction and commissioning of projects for
companies including Apex Mining (Philippines), Paracale Gold
(Philippines), Gold Mines of Uganda (Uganda), Oxus Gold
(Uzbekistan, Kyrgyzstan & Romania), Anglogold (Mali), Randgold
Resources (Mali) and Durban Roodepoort Deep (South Africa). Darryl
also has board experience having been an Executive Director of both
Oxus Gold plc (quoted on AIM) and KazakhGold Group Limited
(admitted to trading on the main market).
Darryl also has an interest of approximately 10% in Paracale
Gold Limited, which is interested in 27.2% of the Company's issued
share capital.
Neil Gardyne, Non-Executive Chairman, said:
"I am delighted that Darryl has joined the Goldstone team. He is
a seasoned mining executive with a wealth of operational expertise
in Africa and Asia, with a combination of a technical background
and a track record of getting things done. I know I speak for the
whole Board in welcoming him to the Company and looking forward to
working with him as we seek to transform the Company from an
explorer to an operational company."
For further information, please contact:
GoldStone Resources
Limited
Emma Priestley / Neil Tel: +44 (0)20 7830 9650
Gardyne / +27 (0)82 490 4427
Strand Hanson Limited
Richard Tulloch / James Tel: +44 (0)20 7409 3494
Bellman
SI Capital Limited
Nick Emerson / Andy Tel: +44 (0)1483 413 500
Thacker
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 ("MAR").
- END -
About GoldStone Resources Limited
GoldStone Resources Limited (AIM: GRL) is an AIM quoted
exploration company focused on developing the Homase-Akrokerri
project in south-western Ghana, which hosts an existing 602,000 oz
gold JORC Code compliant resource at an average grade of 1.77g/t,
along strike from the Obuasi Gold Mine, one of the World's major
gold mines with a historical and current resource in excess of 70
million ounces of gold. 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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