Southstone Minerals Ltd V.SML

Alternate Symbol(s): FDGMF

Energy

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.

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Southstone Minerals Ltd > Tango will

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Comment by hempsteron Jul 23, 2019 1:37pm

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Post# 29951638

RE:RE:Tango will

What shouldn't be forgotten either is that Tango's Angola project is also about to start contributing to revenue. Last quater they had already started trial mining, so if everything went well it might be already running full-time now.
Tango will recieve 60% of the proceeds from that mine in Angola but is also responsible for production costs if i recall correctly.

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