Orestone Mining Corp. is pleased to announce a non-brokered private placement consisting of up to 5,000,000 common shares at a price of $0.13 per Flow-Through Share and up to 5,000,000 units at a price of $0.09 per Unit for aggregate gross proceeds of up to $1,100,000 . Each Unit will consist of one common share of the Company and one common share purchase warrant. Each Warrant will be exercisable for one common share of [...]
Orestone Mining Corp. is pleased to announce that results from drill hole C20-03 and re-logging and interpretation of previous drill holes C12-03 and C19-03 have outlined a large highly potassic-sericite altered monzonite gold-copper mineralized porphyry system. The mineralized potassic-sericite altered porphyry intrusive was intersected in all three holes at a depth of 170 to 270m beneath a 30 to 100m thick layer of [...]
Orestone Mining Corp. announces that the Company has completed the previously announced 2020 diamond drilling program on the Captain gold-copper porphyry property in north central British Columbia. A total of 942 metres of NQ core drilling were completed in three holes to test for gold-copper porphyry mineralization. The 100 percent owned Captain gold-copper project hosts a porphyry system which encompasses a cluster of [...]
Orestone Mining Corp. is pleased to announce that the drill contractor has been selected with drilling at the Captain project estimated to start November 15, 2020. The 100 percent owned Captain gold-copper project hosts a porphyry system which encompasses a cluster of large targets located 41 kilometres north of Fort St. James and 30 kilometres south of the Mt. Milligan copper-gold mine in north central British Columbia [...]
Michael Gentile announces that he has filed an early warning report announcing the disposition of 3,875,000 common shares in the capital of Orestone Mining Corp. . Prior to the completion of the Disposition, Mr. Gentile beneficially owned and controlled, directly or indirectly, an aggregate of 3,875,000 Shares and an aggregate of 3,875,000 common share purchase warrants , representing approximately 9.87% of Orestone's [...]
Orestone Mining Corp. is pleased to announce that target modeling for an upcoming drill program on the Captain Project has been refined and specific targets are being selected. As part of the data review and planning process several drill holes have been re-logged leading to a re-interpretation of previous mineralized drill intercepts. There are 10 large target areas with strong magnetic anomalies outlined at the Captain [...]
Orestone Mining Corp. is pleased to provide this update on operational activities in preparation for drilling on the Captain gold-copper porphyry project, in British Columbia this fall. The Company has received an approved 2020 Notice of Work from the BC Ministry of Mines and Petroleum Resources for 24 drill locations to test the 10 large magnetic high targets located on the east and west flanks of a central magnetic [...]
Orestone Mining Corp. announces results from the 1100-metre reverse circulation drill program on the Resguardo project in Chile. The drill program at Resguardo tested the two large exploration targets outlined on the property to date but failed to locate the source of the copper-gold mineralization mined in historic workings. The program was carried out efficiently and economically in light of COVID-19 concerns. "While we [...]
Orestone Mining Corp. is pleased to provide the following update on the Resguardo copper-gold porphyry/manto target drill program. Drilling of the first two holes to a target depth of 400 metres has been completed and Orestone is pleased to report the discovery of an additional mineralized zone where the third drill hole is nearing targeted depth. Reverse circulation drill hole RE-20-1 was drilled to a depth of 402 metres [...]
Orestone Mining Corp. is pleased to announce that a drill program on the Company's Resguardo copper-gold porphyry/manto project has started with the first drill hole nearing targeted depth, we anticipate the program will be completed by month end. Resguardo is located 75 kilometres NE of the City of Copiapo, Region III Northern Chile. Access to the project is excellent along Highway 31 which serves as the main route to [...]
Orestone Mining Corp. is pleased to announce the following exploration update on the Company's Resguardo copper-gold porphyry/manto project located 75 kilometres NE of the City of Copiapo, Region III Northern Chile. Access is excellent along Highway 31 which is the main route to the La Coipa Mine and the northern Maricunga Gold Belt. The contracting company Araya Hermanos S.A. of Copiapo has mobilized to the Resguardo [...]
Orestone Mining Corp. is pleased to announce that it has signed contracts with Perfo - Chile Ltda., Araya Hermanos S.A. and others to prepare for and carry out a reverse circulation drilling program at the Company's Resguardo copper-gold porphyry/manto project. The Resguardo Project is located 75 kilometres NE of the City of Copiapo, Region III Northern Chile. Access is excellent along Highway 31 which is the main route [...]
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