Orestone Mining is pleased to announce that it has completed a program of sampling on its Francisca property located in Salta Province, northwestern Argentina approximately 80 kilometres northwest of the city of Salta. Orestone is targeting an oxide gold deposit mineable by open pit methods and amenable to heap leach gold recovery. A total of 38 check samples were taken; 20 samples on the South gold zone and 18 on the [...]
Orestone Mining is pleased to announce that it is planning an airborne MagnetoTelluric survey to cover the partially defined, T-2 conductivity target at the Company's 100 percent owned Captain Gold Porphyry Project prior to the next drill programe. The project is located 40 kilometres north of Fort St. James and 30 kilometres south of Mt. Milligan, a large open pit copper-gold mine. The T-2 target is the southernmost [...]
Orestone Mining is pleased to announce that it has signed an Option Agreement to earn up to an 85 per-cent interest in the seven square km Francisca property. Geologic mapping has outlined an oxide gold stock-work mineralized trend over a northwest strike length of 1100 metres outcropping on the crest of a moderate relief hill. Orestone is targeting an oxide gold deposit mineable by open pit methods and amenable to heap [...]
Orestone Mining is pleased to provide an overview of the Las Burras-Incahuasi project and future exploration plans. The Las Burras-Incahuasi project hosts two large porphyry copper-gold-molybdenum systems. The Las Burras and Incahuasi porphyry systems, which are approximately 3 kilometres apart, have been partially defined by mapping, sampling, trenching, geophysical surveys and very limited drilling. The project has not [...]
Orestone Mining is pleased to announce that it has signed an Option Agreement with Cascadero Minerals Corporation to earn up to a 75-per-cent interest in the 56.8 square kilometer Las Burras-Incahuasi copper gold molybdenum porphyry property. Cascadero Minerals Corporation is a majority owned subsidiary of Cascadero Copper Corp.. The property is located in Salta Province approximately 100 km northwest of Salta City and [...]
Orestone Mining is pleased to announce the completion of its non-brokered private placement announced April 11, 2024 whereby the Company issued a total of 5,000,000 common shares at a price of $0.03 per Share for gross proceeds of $150,000. The proceeds of the Offering will be used for payment of certain expenses, consisting of $45,000 payable to DeVisser Gray LLP for audit and tax related services; $25,000 payable to [...]
Orestone Mining is pleased to report that the Company has been reviewing projects for the last six months focusing on opportunities for gold, silver and copper properties in British Columbia, Nevada, Chile and Argentina to complement our current portfolio. With indications of a commodity cycle gaining momentum, the Company believes the investment markets are starting to notice exploration companies which may increase the [...]
Orestone Mining Corp. has reevaluated the presence of porphyry dykes intersected within thick sections of gold-copper mineralized altered volcanics in three drill holes C20-03, C21-01 and C21-02 on the Captain Porphyry Project. These highly altered quartz Monzonite porphyry dykes measure from 4 to 110 metres thick grading up to 0.84 g/t gold and up to 1700 ppm copper. On section line L1220 four porphyry dykes are mapped [...]
Orestone Mining Corp. is focused on further advancing the 100% owned, 105 square kilometre Captain project in northern BC located 41 kilometres north of Fort St. James and 30 kilometres south of the Mt Milligan copper-gold mine. The Captain Project hosts gold dominant porphyry copper style mineralization occurring within a 5 kilometre long N-S trending corridor of low resistivity defined by an airborne MagnetoTelluric [...]
Orestone Mining Corp. continues to refine the model for the gold copper porphyry trend on Captain Property through compilation and interpretation of structural and geological data combined with the interpretation of results of the airborne MagnetoTelluric survey resistivity and magnetic results. Three distinct MT low resistivity targets have been outlined over a five kilometre strike length along a prominent north/south [...]
Orestone Mining Corp. is focused on further advancing the 100% owned, 105 square kilometre Captain project in northern BC located 41 kilometres north of Fort St. James and 30 kilometres south of the Mt Milligan copper-gold mine. The Captain Project hosts gold dominant porphyry copper style mineralization occurring within a 5 kilometre long N-S trending corridor of low resistivity defined by an airborne MagnetoTelluric [...]
Orestone Mining Corp. is pleased to report that results of a recently completed Airborne MagnetoTellurics survey at the Captain Property which confirms and better defines the large gold dominant porphyry T1 target that is the subject of ongoing exploration by the Company. The T1 target is one of three distinct low resistivity-high conductivity zones within a prominent five kilometre long trend outlined at the Captain [...]