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Southstone Minerals Ltd V.SML

Alternate Symbol(s):  FDGMF

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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

Southstone Minerals Ltd > Update
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Comment by yaz1980on Mar 11, 2019 8:10pm
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Post# 29470746

RE:Update

RE:UpdateThe most important part of the news is the 3175 US DOLLAR per carat. This is one of the best quality in the world. Another point is they just sold 104 diamonds out of the 111 produced It seems that the 7 left are rare stones and will be sold separately. Although ASM is not producing yet, but at least they started the bulk samples. Hope 2019 will be good for Tango
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