Orestone Mining Corp. is pleased to announce the results of a recently completed IP/Resistively geophysical survey on its Resguardo Project in the Copiapo District of Northern Chile. The survey was designed to test the potential for copper-gold porphyry or manto style mineralization below historic surface workings. A total of 8 kilometres of [...]
Orestone Mining Corp. announces that drilling has begun on the 100% owned Captain gold-copper porphyry property in northern British Columbia. The program will focus on the Admiral target, a large 2 km X 1 km intense IP anomaly measuring up to 25 mV/V which is modeled as the potential source of a 3 metre block of potassic-sericite altered intrusive [...]
Orestone Mining Corp. is pleased to announce the completion of the second and final tranche of its upsized non-brokered private placement originally announced for $500,000 on July 8, 2019 and increased to $650,000 as announced on August 21, 2019 . In the second tranche, the Company issued 2,600,000 units of the Company for gross proceeds of [...]
Completes $251,800 First Tranche Orestone Mining Corp. is pleased to announce that due to demand from investors, it has increased the maximum size of its previously announced non-brokered private placement to 4,062,500 units of the Company for aggregate gross proceeds of $650,000 . The terms of the Offering remain as disclosed in the Company's news [...]
Orestone Mining Corp. announces that a crew has been mobilized for the planned drilling program at its Captain gold-copper porphyry property in northern British Columbia. Contractors have been engaged for both providing access as well as diamond drilling. The initial work will consist of rehabilitating logging roads and sites in accordance with [...]
Orestone Mining Corp. is pleased to announce the receipt of its 2019 Notice of Work Mineral Exploration Permit from the BC Ministry of Energy Mines and Petroleum Resources. The 5 year exploration permit encompasses 21 diamond drill hole sites and 17 km of Induced Polarization geophysical survey lines on the Admiral Au-Cu porphyry target and the Max [...]
Orestone Mining Corp. is pleased to announce a non-brokered private placement consisting of up to 3,125,000 at a price of $0.16 per Unit for aggregate gross proceeds of up to $500,000 . Each Unit will consist of one common share of the Company qualifying as a "flow-through" share pursuant to the Income Tax Act at a price of $0.16 per Flow-Through [...]
Orestone Mining Corp. is pleased to announce that it has initiated exploration on its Resguardo copper-gold Porphyry Project in Northern Chile. The Resguardo project is located 90 km NE of the City of Copiapo, Chile, covers 29 square km of mining concessions and can be explored year around. In 2019 exploration will consist of a program of [...]
Orestone Mining Corp. is pleased to announce that exploration has begun on the Company's Captain Project. A field crew is presently working at the Captain project to spot drill holes on the main Admiral porphyry target area and meet with drilling and other contractors in preparation for the 2019 drill program. At the Max Extension target area [...]
Orestone Mining Corp. is pleased to announce the appointment of Mr. Bruce Winfield as President. Mr. Hottman has resigned from the position of President and will remain as Orestone's Chairman and CEO. Mr. Winfield, M.Sc., P.Geo, has more than 40 years of experience in the minerals industry as a geologist, corporate executive and consultant [...]
Orestone Mining Corp. is pleased to announce the appointment of Mr. James Anderson to the Company's Board of Directors. Mr. Anderson has more than 30 years of experience in the investment and the minerals industries. Mr. Anderson has many years of corporate experience as an officer and as a director in both the private and public sectors in various [...]
Orestone Mining Corp. is pleased to announce the completion of its oversubscribed non-brokered private placement announced for $1.1 million on March 27, 2019. The Company issued a total of 10,450,091 units at a price of $0.11 per Unit for gross proceeds of $1,149,510. Each Unit consisted of one common share and one common share purchase warrant of [...]
