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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
Post by rayparon Aug 27, 2018 3:46pm
136 Views
Post# 28524914

Today news.....!!!!

Today news.....!!!!Without prejudice.

Bad Bad Bad 140 carats with 41 610 tonnes of ROM matrial ....... It's .33 carat per 100 tons or .33 cpht. Sold at 198 940 $US but 139 258 $US in the pocket of Bluedust 7 so it stay 59 632 $US for the tree owner of Oena.... Tango 43%,  Mr Zard 31%,  and ASM 26%. For Tango this is a big 25 633 $US WOW!!!!!!

Where the result from tailings material produce by Tango since june 27 with the new equipement???? It's include in the inside the 41 610 tonnes???? ROM material is suppose they produce new gravel???? it's not too precise as it is often the case.

I'm not good in English but all here in this BB should write to Mr Khalaf and Tucker to ask  them some information about that. See on Tango website there are two possibilities to write to them.

Maybe also see with the aurority of the financial markets because in my opinion there are somethings not normal at the moment. The news today is concise and not very explanatory and especially nothing about the old residues that Tango was supposed to produce since June 27th. Very nebulous and disturbing.

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Tango Acquires and Mobilizes Processing Equipment to Oena Diamond Mine

VANCOUVER, British Columbia, June 25, 2018 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) (TSX-V:TGV) is pleased to announce that it has acquired and mobilized a processing  plant consisting of two sixteen foot pans with a combined capacity of 120 tons per hour  (the “Plant”), to the Oena Diamond Mine (“Oena”). The Plant, including a newly purchased 260 KVA diesel generator, will be used to process pan tailings and bantam material (“Tailings”) left on site from previous mining operations.

As announced on 20 April 2018, commissioning of the Plant is on schedule and will begin on 27 June 2018. Diamonds recovered from this processing operation will be for the account of the Company.

The Plant will be used in conjunction with Bluedust 7 Proprietary Limited’s (“Bluedust”) existing mining and processing equipment on site to increase production capacity, specifically focused on Tailings.

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a very disappointed shareholder

Raypar

Bullboard Posts