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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 Jul 27, 2018 7:44pm
117 Views
Post# 28379843

RE:RE:RE:RE:RE:RE:RE:WOW.

RE:RE:RE:RE:RE:RE:RE:WOW. What does that mean? Tango will receive 10% of future diamond sales on Oena? If this is correc? then what is the exate percentage Tango receives from the sale of diamonds.

Thank you JSMichau for this information and if you have some explanation to follow.

GLTA

Raypar

Bullboard Posts