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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.


TSXV:SML - Post by User

Southstone Minerals Ltd > News next week?
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Comment by onetimeron Jul 08, 2020 4:49pm
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Post# 31241791

RE:RE:RE:News next week?

RE:RE:RE:News next week?yes, but SMl only gets 30 or 40% of sales. now that the coal division is gone, overhead should lower and we just need a few more big diamonds . also, they were doing there own mining, but that looks like it has not restarted yet. awaiting financials amd MDA to see more
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