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Southstone Minerals Ltd FDGMF


Primary Symbol: V.SML

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 May 21, 2020 2:39am
122 Views
Post# 31054759

RE:RE:RE:RE:RE:RE:RE:AGM

RE:RE:RE:RE:RE:RE:RE:AGMI was aware of this, but did not think that they made any progress on this front, since we recieved more updates on the previous projects when they were still in the planning phase. But you may be right, maybe the plan is already or almost ready and waiting for execution, lots of other junior miners used the past few months for data analysis etc, so we really might see more activity in the second half of the year.
Initially the completion of the Kwena disposition was planned for 1 June, but per their last NR the target date was 20 May - might be a sign that they are really working on more than we currently know.
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