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Experinced Coal Geoligist Appointed .....WONDER WHY DHHHHHHH :)$$$$$$$ Watch this baby close hard to day WOOOO HOOOOOO


LODESTONE APPOINTS NEW DIRECTOR
The Directors of Lodestone Exploration Limited (“Lodestone”) are pleased to
announce the appointment of Mr Lance Grimstone, B.Sc.(Hons) Geol, Grad Diploma
Management, F.AusIMM., CP Geo., M. MICA as a non-executive director.
Mr Grimstone is a geologist with over 35 years experience in exploration, mining and
civil engineering, with a wide spectrum of activities. He is well versed in many
commodities but it is his experience and expertise in the mining geology of Eastern
Australian Coal Operations which are most highly regarded by industry.
For the past decade Lance Grimstone and Associates (Consulting) Pty Ltd was
retained to manage coal exploration activities in Central Queensland for Joint
Ventures associated with Macarthur Coal Limited and continued to generate new
discoveries throughout the Bowen Basin such as Moorvale (now an operating mine),
Olive Downs, Codrilla, West Rolleston, Vermont East and Wilunga.
The Board of Lodestone has invited Mr Grimstone to participate in the recently
announced placement to Directors for 1,000,000 shares at $0.03 and the issue of
2,000,000 options exercisable at 7 cents with an expiry period of two years after the
date of the issue. Both the placement and issue of options is subject to shareholder
approval at an EGM to be held shortly.
The Board of Lodestone considers the appointment of Mr Grimstone as adding a high
level of geological expertise to the group as it continues exploring in Queensland.
Yours faithfully,
Martin Ackland