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Re: kiwisteve post# 152

Tuesday, 04/05/2011 7:40:06 PM

Tuesday, April 05, 2011 7:40:06 PM

Post# of 187
Goldstone Resources (GRSZF) funfiat$0.9396 UP $0.1385 +17.29% smile
Volume: 49,849 @ 3:33:58 PM ET
Bid Ask Day's Range
- - 0.7718 - 0.9396
GRSZF Detailed Quote

Goldstone Resources (GRC) funfiat$0.93 UP $0.16 +20.78% smile

Volume: 1,016,296 @ 4:59:42 PM ET Strong Demand
smile
Bid Ask Day's Range
0.92 0.94 0.75 - 0.94
TSE:GRC Detailed Quote

GRC chart TA Signal bullish turnaround start smile


Goldstone’s Hardrock interest valued at $135 million -
by RBC Securities -
smile
In a research paper dated August 2010 -

Goldstone Resources is a uniquely strong gold presence in the
Geraldton and Beardmore camps of Northwestern Ontario,
combining significant newly discovered and historic resources,
exciting exploration potential, and significant assets,
including an upgraded, fully-permitted permitted mill.

GRC Updated video with Philip Cunningham -
http://www.grcmines.com/

Active exploration at Key Lake and the Hardrock Project
The first phase of a $6.5 million, 50,000-metre 2011 gold
exploration program in the Geraldton campis now underway on -

The Key Lake Gold Mine property, where Goldstone is
seeking to add to gold resources established through a
limited program in 2010 and to establish the viability
of an open pit mining operation.
2010 drilling at Key Lake delineated a mineralization zone
with intersections such as 3.17 g/t Au over 44.0 metres
and 2.28 g/t Au over 42.7 metres.




Two rigs will drill an estimated 30,000 metres in 2011 at
Key Lake.
The objective is to expand the current resource base through
in-fill drilling—with hole targeting assisted by a recently
completed preliminary pit model—as well as to continue expanding
the mineralized corridor an additional kilometer to the west.
In addition, crews will be carrying out line-cutting and IP
surveys on other favourable geological horizons on
the property to outline further drill targets.



Key Lake borders on the The Hardrock Project,
a joint venture with
Premier Gold Mines Limited in which
Goldstone holds a 30%
carried interest.


Major discoveries were made at Hardrock in 2010 and an ambitious
eight-rig program is being carried out in 2011.


In a research paper dated August 2010, RBC Securities
valued Goldstone’s Hardrock interest at $135 million.




Increased drilling in Beardmore, near the Northern Empire Mill
While full plans for the Beardmore camp will develop over the
coming months, an additional drill rig will be employed to drill
promising extensions of the Northern Empire Mine and
the Sand River-Leitch Mine complex,
as well as the McWilliams showing on the Northern Empire
Property, which was previously drilled in the fall of 2010
and intersected a favourable gold-bearing horizon in
hole NE10-03.



Goldstone’s objective in Beardmore is to develop more gold near
the Northern Empire mill which could be developed sequentially
with those identified at its Brookbank and Northern Empire
properties.

The mill is readily expandable to 500 TPD.



Gold 1.5 million ounces of resources, and growing.



Estimates for Goldstone’s Brookbank deposit and
Northern Empire Mine properties have established resources of
more than 800,000 ounces of gold.

At the Hardrock project, the uncut estimate is 2.3 million
ounces—30% or nearly 700,000 ounces of which belong to
Goldstone through a carried interest.

A foundation of existing infrastructure
Goldstone properties are close to highways, power grids,
and local labour pools and benefit from extensive existing
mining infrastructure above and below ground including
the upgraded, fully-permitted Northern Empire mill.


A rich history of gold production -

The ten formerly productive mines on Goldstone lands—including

The Leitch Gold Mine, at one time Canada's richest—produced
in excess of 4 million ounces of gold.



These mines, which were closed primarily due to a $35 gold
price, remain open at depth and offer major untapped potential
through extensions and parallel occurrences.




Welcome to GRC more info smile
http://www.grcmines.com/ smile


God Bless



My opinions are my own and and DD I post should be confirmed as unbiased

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