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GoldStone Resources Ltd. (GoldStone) is engaged in the exploration and mining of sediment hosted minerals, which include precious stones and metals. In June 2008, the Company was granted two gold exploration permits in Mali, West Africa. The Baroya and Metedia permit areas (the Permit Areas) are contiguous and occupy a total area of 15 square kilometers, close to the international border with Senegal in the south-western gold belt of Mali. The Company has lodged applications for three gold exploration permits in Senegal, West Africa. The Sangola (471 square kilometers), Dindefelou (280 square kilometers) and Velingara (575 square kilometers) licenses applied for all lie within the prospective Kenieba inlier of the Birimian Formation and are close to the border of Guinea.(Source: ARS)