Southstone Minerals Ltd V.SML

Alternate Symbol(s): FDGMF

Energy

Southstone Minerals Limited is a Canadian junior mining company. The Company holds a 43% interest in the Oena Diamond Mine (Oena), an alluvial diamond property, located in the Northern Cape Province, Republic of South Africa that consists of one New Order Mining Lease. The Oena Project is 8,800 hectares in size and covers about 4.8 kilometer (km) wide strip along a 15 km length of the lower Orange River. Oena, a producing alluvial diamond property, is located within an alluvial diamond mining province about 50 km upstream of Namdeb’s Auchas and Daberas alluvial diamond mines, located on the Namibian or north bank of the Orange River, and about 15 km and 60 km upstream of Trans Hex’s Reuning and Baken alluvial diamond mines. Its subsidiaries include TGV Resources (Pty) Ltd, African Star Minerals (Pty) Limited, and GAH Mining (Pty) Ltd.

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Southstone Minerals Ltd

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Post by diegovbson Nov 24, 2017 1:19pm

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Post# 27026456

Reply from tango mining

I've sent an e-mail to tango mining through their official website asking them about their mining license renewal, here it is their reply: Good morning Mr. Braido. We have submitted all the required documentation to the Minister of Mines and are in the “que” for approval of the mining license. This is the “normal” process in South Africa and we can assure you this timeline is “normal". During this renewal period our mining license is in good standing and we can proceed with all operations as normal. It in no way effects our ability to work on the property to mine, produce and sell diamonds. On the 16.11.2017 we announced an update on the project and we have already commenced mining and recovering diamonds. https://tangomining.com/tango-announces-recommencement-production-oena

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