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Re: NYBob post# 812

Monday, 10/25/2010 12:48:54 AM

Monday, October 25, 2010 12:48:54 AM

Post# of 936
GRC Gold mines represents a safe harbor for money,
since it is true Au money
smile



Gold has replaced every fiat currency for the past 3000 years -

http://www.kwaves.com/fiat.htm

Goldstone Resources Inc GRC drills 44 m of 3.17 g / t at Key Lake GRC Goldbelt
A Uniquely Strong Gold Presence in Geraldton-Beardmore in Canada

http://www.grcmines.com/news_.php?url=http%3A%2F%2Fcnrp.marketwire.com%2Fclient%2Fgoldstone_resources%2Frelease_xml.jsp%3FactionFor%3D1331492

The Leitch Gold Mine -

http://www.roxmark.com/pics/leitch-1.jpg">http://www.roxmark.com/pics/leitch-1.jpg" />
Started use of the electric
underground ore-trains.

The Leitch Gold Mine -
was once Canada's richest smile

The Sand River/Leitch complex -
produced more than 900,000 ounces of gold -
from shallow depth -
it will be richer smile
the deeper we go
smile



Like other Goldstone mines -
in both Camps, it remains open at depth.

The Leitch Mine (now 100% owned by Goldstone)
was one of Ontario’s highest grade and most profitable gold
mines, producing 860,648 ounces from 906,395 tons of ore
at an average recovered grade of 0.91 oz.Au/ton.

Even more impressively, the average recovered grade over
the last ten years of the mine’s operation was 1.15 oz.Au/ton.

GOLDSTONE RESOURCES (TSE:GRC)
Gold is coming very soon -
- a golden opportunity - smile

Goldstone Chairman and CEO, Philip Cunningham;



A Uniquely Strong Gold Presence in Geraldton-Beardmore

Goldstone Resources Inc.

is a major force in gold exploration and development in

the Beardmore-Geraldton Gold Mine Camp in Northwestern Ontario,

combining significant historic and newly discovered resources

and exploration potential.

Goldstone benefits from extensive existing infrastructure

above and below ground including the upgraded, fully-permitted

Northern Empire Gold Mill -


Northern Empire Mill -
a modern state of the art mill facility -
has been designed for expansion to 500 TPD.


NI 43-101-compliant resource estimates for the Company’s
Brookbank and Northern Empire Gold Mines properties
contain a combined total of indicated and inferred
resources in excess of 800,000 ounces of gold.

The ten formerly productive great Gold Mines on
Goldstone Resources gold mines land — including
The Leitch Gold Mine, at one time Canada’s richest —
produced in excess of 4 million ounces of gold,
all remain open at depth, and offer major untapped
gold resources potential through extensions and
parallel occurrences.

In addition to GRC ten gold mine resources and
exploration targets on
its 100% owned properties;

Goldstone holds a 30% carried interest in
The Hardrock Gold Mines Project;


a joint venture with
Premier Gold Mines Limited as operator.

Exciting discoveries have been made at the Hardrock,
where eleven drill rigs are currently active.

Mineral resource highlights of the recent
Hardrock Project NI 43-101
(based on a 0.6 g/t cut-off grade) include:

- Indicated open pit Gold Resources of 22.9 million tonnes
at an average grade
of 1.30 grams per tonne (g/t Au) (1.65 g/t Au uncut) hosting
955,000 ounces Au cut (1,215,000 ounces Au uncut).

- Inferred Resources of 16.1 million tonnes at an average grade
of 1.25 g/t Au (2.39 g/t Au uncut) hosting 645,000 ounces Au
cut (1,085,000 ounces Au uncut).

Goldstone is currently carrying out its 2010 exploration and
drilling program on
the Key Lake Gold mine project,
Northern Empire Gold Mine project,
and Leitch-Sand River Gold Mines properties.

In addition to extensive data evaluation and surface exploration
across the area;
The Company is drilling targets identified from a review
of historic records and correlation of recent drilling
with analysis of the 2009 aero-magnetic survey results.


http://www.grcmines.com/leitch.php

http://www.grcmines.com/history.php

Q: How high can the gold price go? A: $15000.



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