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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 > Diamonds!
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Comment by MakeMoney2000on Oct 16, 2020 10:37am
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Post# 31727959

RE:Diamonds!

RE:Diamonds!I think the JV with Gumrock Mining was very nice and SML sold diamond onto two property. The new land Farm etc is 18.91 square kilometer and the sector is good to find color diamond like Pink, Orange Blue. So you just need one or two color diamond sold in a couple of millions USD and share go to the sky. IMO
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