TORONTO, ONTARIO, Mar. 26, 2010 (Marketwire) -- Goldstone Resources Inc. ("Goldstone" or "the Company") (TSX:GRC) (PINK SHEETS:GRSZF) announces that the Company has appointed Mike Kilbourne as Vice-President of Exploration.
Mr. Kilbourne is a Geologist with 25 years experience in both mineral exploration and production throughout Quebec, Northern Ontario, Eastern Canada and the US and 15 years experience with mine modelling software. Goldstone management believes he will be a valuable member of its team as the Company's exploration projects advance in scope.
Mr. Kilbourne is currently President of White Pine Resources Inc. with exploration properties in the James Bay Lowlands 'Ring of Fire' and the Boston Creek gold camp. Mr. Kilbourne graduated from the University of Western Ontario in 1985 with an Honours B.Sc. in Geology.
Formed by a late 2009 merger of Ontex Resources and Roxmark Mines, Goldstone Resources is a well funded gold exploration and development company operating in the historically significant Geraldton-Beardmore area of Northwestern Ontario and focused on gold exploration and deposit delineation at its Brookbank, Northern Empire, Leitch-Sand River and Key Lake gold properties in the Geraldton-Beardmore Camp.
Further information is available on the Company's website at www.goldstoneresourcesinc.com and on SEDAR under the Company's profile at www.sedar.com.
This news release includes certain "forward-looking statements". Such forward-looking statements involve risks and uncertainties. The results or events predicted in these forward-looking statements may differ materially from actual results or events. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
Neither Toronto Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.