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Southstone Minerals Ltd V.SML

Alternate Symbol(s):  FDGMF

Southstone Minerals Limited is a Canadian junior mining company. The Company is engaged in the acquisition, exploration, evaluation, development and mining of mineral properties. The Company holds a 43% interest in the Oena Diamond Mine (Oena), which is located in the Northern Cape Province, Republic of South Africa that consists of one New Order Mining Lease. Oena is a producing alluvial diamond property. Oena is approximately 8,800 hectares in size and covers a 4.8 kilometers (kms) wide strip along a 15 kms length of the lower Orange River. The property has two separate and distinctly different aged diamondiferous bearing paleochannel gravels: Proto-terraces and Meso-terraces. Its subsidiaries include TGV Resources (Pty) Ltd, African Star Minerals (Pty) Limited and GAH Mining (Pty) Ltd.


TSXV:SML - Post by User

Bullboard Posts
Comment by rayparon May 09, 2018 9:54pm
173 Views
Post# 28008927

RE:What's the proposal production plan?

RE:What's the proposal production plan?I forgot to mention this in my last post: They have a lot of used mining equipement in good condition and at low cost in South Africa so Bluedust was able to buy quickly all equipement they need to rampe up the production at Oena for a large scale operation.

Samething for Tango to do that if they need more equipement. I don't know if Mr George Zard ou GZA group put money on the table to rampe up the tailing production. I hope...!

I think and it's my own opinion. Tango will have two cash flow back from their Oena mine starting in June. Be the proceeds from the sale of diamonds produced by Bluedust 25% ROM and 40% tailing and the proceeds from the sale of diamonds from the tailing stockpile 100% produce by Tango..

GLTA

Raypar
Bullboard Posts