Southstone Minerals Ltd. has reported diamond sales results from the Oena Diamond Mine in South Africa for the quarter ended November 30, 2025 (Q1 fiscal 2026). Operations at the Sandberg Section, managed via the company’s 43%-owned subsidiary African Star Minerals (Pty) Ltd, delivered an increase in both sales and realized pricing. During Q1 2026, Tender 271 accounted for 55% of gross diamond sales despite representing only 23% of carats sold, highlighting the high-value nature of certain diamonds recovered during the quarter. Tender 271’s gross diamond sales amounted to ZAR 18.2 million, which triggered the original 80%/20% revenue split, under which African Star received 20% of tender proceeds, representing an 8.6% indirect economic interest to Southstone. Additionally, the company announced the recovery and sale of a 65.812-carat diamond. All technical disclosure has been approved by Terry L. Tucker, P.Geo., Executive Chairman.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southstone Minerals Ltd. published the original content used to generate this news brief on February 05, 2026, and is solely responsible for the information contained therein.