- GoldStone Resources said it was confident that it had 'clear pathway' to production in mid 2020 amid continued progress at both Akrokeri and Homase mines.

Progress continued to be made at the high grade Akrokeri Mine amid ongoing efforts to make the shallow workings safe.

At the North Shaft of the Akrokeri Mine, the process of clearing out old rails, wood and debris was underway to form a safe access to continue working in the shaft, the company said.

Following the soils programme results announced 20 June, a deep trenching programme was underway, to prove up the continuity of the mineralisation within the Homase Trend north of the former Homase pit, the company said.

The first stage of trenching was at the Homase North and Adubriem deposits and samples were submitted to the laboratory, with results expected in the first quarter of 2019.

'Akrokeri has the distinct advantage of demonstrating exceptionally high grade material, including intercepts of 1.0 metre at 51.01 g/t Au, and established mining infrastructure, whilst Homase offers the potential benefit of being amenable to low capital heap leach treatment,' said Emma Priestley, CEO of GoldStone.

'I am confident that GoldStone has a clear pathway to production in mid 2020, utilising the significant support and expertise of our strategic shareholders and team who have a proven track record in building gold mines.'

At 9:44am: [LON:GRL] GoldStone Resources Ltd share price was 0p at 0.95p

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