Goldstone Resources Limited (AIM: GRL.L) is a Jersey-based gold producer and explorer focused on projects in the Ashanti Gold Belt of Ghana. The company holds a 100% interest in the Akrokeri Licence and a 90% interest in the Homase Licence, both located near AngloGold Ashanti's Obuasi Mine; it operates the Homase open-pit mine using heap leach processing for gold production and conducts exploration drilling at the high-grade Akrokeri underground project, which historically produced 75,000 ounces at an average recovered grade of 24 g/t Au. Goldstone Resources generates revenue from gold pours, with an average monthly production of 225 troy ounces in 2024 based on assays from Metalor Technologies SA, and targets 1,000 ounces per month by early 2025 through operational ramp-up to 48,000 tonnes of agglomerated stacked ore monthly.
Founded in 1998 and headquartered at International House, 41 The Parade, St. Helier, Jersey JE2 3QQ, the company transformed from an exploration entity into a gold producer with its first pour at Homase in January 2022; it is supported by major shareholders Paracale Gold Ltd., a mining investment specialist, and Asian Investment Management Services Ltd.
In the past two years, Goldstone Resources completed a conditional fundraising and subscription totaling over £600,000 in 2024, alongside debt conversions and gold loan interest conversions into shares; it lifted a trading suspension in May 2024 following fundraising completion, issued operational updates highlighting record gold pours and production ramp-ups in early 2025, appointed a new director in June 2024, and continued exploration at Akrokeri while advancing Homase processing efficiencies.