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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

Comment by hempsteron Dec 11, 2018 5:39pm
164 Views
Post# 29099967

RE:Tango Provides Operational Update on Its Project Portfolio

RE:Tango Provides Operational Update on Its Project Portfolio
So production at Oena has doubled over the last production period even without Tango's own equipment running, and now that their own equipment is finally about to be ready for production, the numbers should improve further - great.
The news of the Angola project are also actually very good, I had not expected to see them setting up this mine so quickly. Middle Pits seems also to progress quite quickly which is also great.

Hard to guess what the stock price will do until the end of the year, but next year might become really good for Tango for once - especially the second half of the year.
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