The lease represents an important step in GoldStone’s goal of bringing the Akrokeri-Homase Gold Project into production. The Homase South Pit is the first of the three pits along the Homase Trend which GoldStone will bring into production as detailed in its ‘Definitive Economic Plan’ announced on 27 June 2019.

Emma Priestley, Chief Executive Officer of GoldStone, commented, “We continue to work to bring the Akrokeri and Homase project into production at the earliest opportunity and we are very pleased to have received this approval, which is an important step to achieving this goal. I look forward to keeping shareholder updated as we move forward.”