June 22, 2010 - News Release

Mr. Patrick Sheridan reports

GOLDSTONE RESOURCES EXPLORATION UPDATE

Goldstone Resources Inc. is initiating a preliminary economic assessment on its Brookbank gold deposit located in Northwestern Ontario. The PEA will be carried out by Micon International Ltd., Toronto, Ont., and will assess the economic viability of mining the Brookbank deposit utilizing a decline ramp with trucking and milling the ore at the company's fully permitted Northern Empire mill.

The Brookbank Deposit currently hosts a significant NI 43-101 compliant high grade gold resource. Utilizing a 3.4 g/t Au.cut-off grade, the deposit hosts 424,400 ounces of gold in the indicated category (1.36 mt @ 9.7 g/t Au.) as well as 276,000 ounces in the inferred category (1.09 mt @ 7.9 g/t Au.) (See National Instrument 43-101 technical report -"Technical Report on the Brookbank Gold Deposit, Beardmore - Geraldton Area, Northern Ontario, Canada" by Scott Wilson RPA Inc. dated May 4, 2009, as filed on SEDAR). The Brookbank deposit is one of five advanced stage and/or past producing gold Properties owned by the Company in the Beardmore Geraldton gold district.

KEY LAKE DRILLING

The Company also announces that currently there are two drills conducting exploration drilling on the Company's 100% owned Key Lake property. The Key Lake Property is contiguous to the Premier Gold/Goldstone Resources Hard Rock Project in Geraldton, Ontario where diamond drilling by the Company's partner, Premier Gold (TSX: PG), has established a significant gold resource at surface as well as high grade intersections at depth. The Company's current Key Lake drill program, estimated to total 15,000 metres, will focus on finding near surface gold mineralization amenable to open pit mining.

LEITCH MINE/ SAND RIVER EXPLORATION

The Company currently has field crews mobilized to this historical past producer in order to identify areas for exploration drilling. Several areas of the Property have been identified for ground follow up work including trenching and diamond drilling.

Mike Kilbourne (P.Geo) is the Qualified Person for the information contained in this press release, and is a Qualified Person within the meaning of NI 43-101.