Stonewall Resources Limited announced the results from preliminary metallurgical testwork on RC drill samples from the Theta Hill prospect (part of the TGME gold project) in South Africa. Summary: Average recovery from bottleroll cyanidation tests of 94.9% from eight samples; Average of 95.7% recovery from Beta Reef (two samples) and 94.7% recovery from Lower Theta Reef (six samples); The recent discovery of high grade, potential opencut gold reef, at both Theta Hill and Columbia Hill combined with these preliminary results supports the plan for nearterm gold production. The direct cyanidation tests were carried out by SGS laboratory at Barberton, South Africa, from samples collected in the drilling campaign conducted at Theta Hill in December 2017. These tests are designed to test likely amenability of ores to gold extraction via a conventional cyanide leaching circuit, similar to that owned by SWJ at TGME. As part of the exploration campaign planned (Phase 2) at Theta Hill and Columbia Hill, further drilling with RC and Diamond methods will be undertaken, along with further metallurgical analysis as part of plans to declare maiden reserves in 2018. The current focus of the Company is to delineate high grade oxide resource, in close proximity to the existing CIL plant, in order for an early lowcapital startup option, with most of the capital expected to be invested into plant refurbishment as opposed to underground development.