Download as PDF VANCOUVER, BRITISH COLUMBIA — 30 March 2021 — Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to provide a production and operational update for the period 1 December 2020 to 28 February 2021 (Q2 2021) on Oena Diamond Mine and Farm Kareepan Mine located in the Republic of South Africa. Oena Diamond Mine, Republic of South Africa Production at the Oena Diamond Mine during Q1 2021 operated at 38% of capacity due to holiday related breaks, COVID related matters and extremely high water in the Orange River which prevented access to the Sandberg
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Download as PDF VANCOUVER, BRITISH COLUMBIA — 14 January 2021 – Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) announces that Kevin Gallagher has resigned as a director, effective immediately.  The Board wishes to thank Mr. Gallagher for his many valuable contributions to the Company during his tenure as a director since his appointment in 2014 and wishes him well in the future. BOARD OF DIRECTORS OF SOUTHSTONE MINERALS LIMITED info@southstoneminerals.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
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Download as PDF VANCOUVER, BRITISH COLUMBIA — 14 December 2020 — Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to provide a production and operational update for the period 1 September 2020 to 30 November 2020 (Q1 2021) on Oena Diamond Mine and Farm Kareepan Mine located in the Republic of South Africa. Oena Diamond Mine, Republic of South Africa Production at the Oena Diamond Mine during Q1 2021 operated normally. There is one mining contractor on site using four (4) pan plants to process run of mine (“ROM”) material and one Bourevestnik (“BVX”) unit used
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Download as PDF VANCOUVER, BRITISH COLUMBIA — 5 October 2020 — Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to provide a production and operational update for the period 1 June 2020 to 31 August 2020 (Q4 2020) on its project portfolio located in South Africa. Oena Diamond Mine, Republic of South Africa Production at the Oena Diamond Mine during Q4, 2020 operated normally and during the period a 63.88 carat diamond, the largest diamond recovered by Southstone, was recovered. In addition, a 42.06 carat and 31.14 carat diamond were recovered and sold. There is one
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Download as PDF VANCOUVER, BRITISH COLUMBIA — 17 August 2020 — Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to announce it has entered in an Acquisition Agreement to acquire the 1607.7 hectare Prospecting Right (“PR”) covering the Farm Panfontein 58 HO alluvial diamond property (the “Property”) situated approximately 8 kilometers (“km”) east of the town of Schweizer Reneke in the Northwest Province of the Republic of South Africa (“RSA”). The Property has a historical alluvial diamond resource estimate, as discussed below, and lies at the approximate northern end of the well-known ‘London Run’ which has
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Download as PDF VANCOUVER, BRITISH COLUMBIA — 8 July 2020 — Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to provide a production and operational update for the period of 1 December 2019 to 28 February 2020 (Q2 2020) and 1 March to 31 May 2020 (Q3 2020) on its project portfolio located in South Africa. Oena Diamond Mine, Republic of South Africa Southstone continues to focus and prioritize its efforts on the Oena Diamond Mine. There is currently one mining contractor on site using eight (8) pan plants to process run of mine (“ROM”) material
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Download as PDF VANCOUVER, BRITISH COLUMBIA — 28 May 2020 – Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) announces that it has agreed to settle outstanding indebtedness in the sum of $705,456.75 by the issuance of 7,524,872 common shares in the capital stock of the Company at a price of $0.09375 per share, which transaction is subject to the approval of the TSX Venture Exchange. CC Mining Limited (“CCML”) has agreed to settle indebtedness in the sum of C$498,363 by the issuance of 5,315,872 common shares, resulting in CCML holding 19.90% of the outstanding shares of the
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Download as PDF VANCOUVER, BRITISH COLUMBIA — 15 May 2020 – Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to announce that at the annual and special shareholders meeting held on 15 May 2020, the Company received disinterested and minority shareholder approval of the Company’s disposition of the Company’s 49% interest in the issued and outstanding Ordinary Shares and 74% interest in the issued and outstanding Preference Shares of each of Kwena Mining Projects (Pty) Ltd., Kwena Mining and Metallurgical Services (Pty) Ltd. and Kwena Springlake Projects (Pty) Ltd., as more particularly described in the Company’s
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Download as PDF VANCOUVER, BRITISH COLUMBIA — 27 March 2020 – Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) announces the closure of the Oena mine in the Northern Cape, South Africa in compliance with the South African government’s instructions for a 21 day lockdown period starting from March 26th until April 16th, 2020. Kwena Group will continue to operate only a day shift as the three coal washing facilities are partially exempt from the lockdown. ON BEHALF OF THE BOARD OF DIRECTORS OF SOUTHSTONE MINERALS LIMITED Mr. Samer Khalaf Chief Executive Officer info@southstoneminerals.com  Neither TSX Venture Exchange nor
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Download as PDF VANCOUVER, BRITISH COLUMBIA — 23 March 2020 – Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) announces that it is proposing to sell its 49% interest in the issued and outstanding Ordinary Shares and 74% interest in the issued and outstanding Preference Shares of each of Kwena Mining Projects (Pty) Ltd., Kwena Mining and Metallurgical Services (Pty) Ltd. and Kwena Springlake Projects (Pty) Ltd. (collectively the “Kwena Group“). The Company has entered into a disposition agreement dated 20 March 2020 (the “Disposition Agreement”) with Kevin C. Gallagher (“Gallagher”), whereby Gallagher or his nominee(s) will acquire
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