Southstone Minerals Ltd

Southstone Minerals Ltd. Is a mining company, which engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Victoria, British Columbia. The company went IPO on 2011-05-12. The firm 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), an alluvial diamond property, located in the Northern Cape Province, Republic of South Africa that consists of one New Order Mining Lease. 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. The firm's subsidiaries include TGV Resources (Pty) Ltd, African Star Minerals (Pty) Limited, and GAH Mining (Pty) Ltd.