https://www.engineeringnews.co.za
GoldStone Resources|MinCorp|Ghana|Sierra Leone|Homase|Gold|Gold Mining|Emma Priestley|West Africa
|||||
goldstone-resources|mincorp|ghana|sierra-leone|homase|gold|gold-mining|emma-priestley|west-africa

GoldStone pleased with development progress at Sierra Leone project

2nd June 2026

By: Creamer Media Reporter

     

Font size: - +

Aim-listed GoldStone Resources says significant progress is being made by MinCorp – a private company in Sierra Leone developing several small-scale gold mining licences – in establishing operations.

Since preparatory work started on site in March, MinCorp has installed and commissioned a wash plant, which has identified visible coarse gold that provides some encouragement of the potential of the licence area.

An excavator has also been deployed to improve access, clear vegetation and prepare the site for the start of small-scale mining and processing activities.

"While the commissioning process remains ongoing and the material has not yet been sampled and monitored under controlled operating conditions, the identification of visible coarse gold through the wash plant is nonetheless a highly encouraging indicator of the licences' potential. We are eager to complete commissioning and commence small-scale mining production," says GoldStone CEO Emma Priestley.

GoldStone holds a 50% equity interest in MinCorp and has seconded local management and technical personnel to support MinCorp during the establishment of mining and processing activities and to assist with the ongoing optimisation of the operations.

"We believe this investment in Sierra Leone complements our existing production asset in Ghana and aligns with our strategy of expanding our operational footprint in West Africa. We look forward to providing further updates from both operations in the coming weeks," Priestley says.

GoldStone will receive 100% of revenue derived from sales for the first 70 oz of refined gold from the licences.

The Aim-listed company produces gold from its Homase mine, in Ghana.

 

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sweet-Orr
Sweet-Orr

Sweet-Orr, established in 1871, is a global leader in superior protective workwear, known for quality, innovation, and performance.

VISIT SHOWROOM 
AirNox Pty Ltd
AirNox Pty Ltd

AirNox (Pty) Ltd is a level 1 BBBEE manufacturer of complete AdBlue® solutions for operators of SCR diesel engines and AUS40 across South Africa...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.063 1.074s - 152pq - 2rq
Subscribe Now