Goldstone Resources appoints Bill Trew to its Board of Directors as Non-Executive Chairman

– South Africa, Milnerton – GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, is pleased to announce the appointment of William (‘Bill’) Trew as Non-Executive Chairman of the Board, with immediate effect.

Bill takes over from Neil Gardyne, who was appointed as Non-Executive Chairman on 28 July 2016 and today resigns from the Board with immediate effect. Bill is currently chairman of the MAED group of companies and a director of Gold Mines of Uganda and Paracale Gold Limited.

Emma Priestley, Chief Executive Officer, commented: “Neil joined the Board at a time when the Company was undergoing a period of transition. His guidance has been invaluable, particularly in navigating a time of restructuring and refocus and in helping facilitate the smooth transition in executive leadership. We thank him and wish him well with his endeavours going forward.

“We are delighted to welcome Bill to GoldStone. His experience working in mining and knowledge of the market will be invaluable to us as we embark on the next chapter in GoldStone’s development.”

About William (‘Bill’) Trew

Bill graduated from the University of Wales with a degree in engineering and achieved a Master’s degree in engineering at Randse Africanse University in Johannesburg in 1984, while working at the Chamber of Mines of South Africa.

He has since gained over 37 years’ experience in the mining and engineering industry worldwide.

In 1986 he founded MAED Limited, a specialist project management and engineering design company specialising in constructing gold processing plants for the gold mining industry. Under his leadership, MAED has designed and constructed 23 gold processing plants around the globe including Mali, South Africa, Uganda, Uzbekistan, Kyrgyzstan and the Philippines.

He was Chief Executive Officer of Oxus Gold plc, where he oversaw construction of three new gold mines (Amantaytau, Vysokovoltnoye and Jerooy). Since then he has held a number of other executive and non executive roles at listed and private mining companies where he has continued building and refurbishing Gold Mines.

He is currently chairman of the MAED group of companies and a director of Gold Mines of Uganda and Paracale Gold Limited.

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