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Orestone Mining Corp. (V:ORS)

Business Focus: Diversified Mining

Apr 11, 2024 12:31 pm ET
Orestone Announces Project Review and Financing
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2024) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: WKN: O2R1) ("the Company") 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 availability of funding for mineral exploration.
May 10, 2023 09:42 am ET
Orestone Mining "very excited" with prospects for Captain Project as it prepares for capital raise
Orestone Mining Corp CEO David Hottman tells Proactive's Stephen Gunnion the company's Captain Porphyry Project has the potential to match other successful deposits in North Central British Columbia as it prepares for a capital raise of up to C$1.5 to fund further drilling at the project this summer.
May 09, 2023 07:00 am ET
Orestone Defines Strongly Mineralized Gold Copper Dykes Further Confirming the Potential of a Large Porphyry System at the Captain Project
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2023) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: O2R1) (WKN: O2R1) 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.
Mar 03, 2023 07:00 am ET
Orestone to Exhibit at the Prospectors and Developers Association of Canada Annual Convention 2023
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2023) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: O2R1) 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.
Mar 02, 2023 07:00 am ET
Orestone Continues to Refine Gold Copper Trend and Porphyry Drill Targets at Captain Property
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2023) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: O2R1) (WKN: O2R1) 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 (MT) survey resistivity and magnetic results. Three distinct MT low resistivity (high conductivity) targets have been outlined over a five kilometre strike length along a prominent north/south trending inferred regional fault. The three targets are aligned at the intersection of northeast and northwest trending interpreted cross faults. This trend remains open to the north and south on Orestone claims and additional airborne MT surveys are planned for 2023.
Jan 20, 2023 09:00 am ET
Orestone to Exhibit at the AMEBC Roundup
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2023) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: O2R1) (WKN: O2R1) 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.
Oct 18, 2022 07:30 am ET
Orestone Defines Large Gold Copper Porphyry Target at Captain Property
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2022) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: O2R1) (WKN: O2R1) is pleased to report that results of a recently completed Airborne MagnetoTellurics (MobileMT) 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 Project located near Fort St. James, North Central British Columbia. The MobileMT survey was very successful in defining the outline of the T1 low resistivity zone associated with the sulphide related gold-copper mineralization initially identified by Induced Polarization (IP) surveys, magnetic geophysical surveys and drilling. The T1 target is a large, well defined drill ready dominate gold porphyry opportunity in a company with a low market capitalization. Planning for the next phase of drilling is underway.
Sep 12, 2022 09:00 am ET
Orestone Completes Airborne MT Survey Captain Property
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2022) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: O2R1) is pleased to report that an airborne MobileMT survey has been completed on the Captain gold-copper porphyry Project near Fort St. James, North Central British Columbia. The Magnetotellurics survey was flown collecting electromagnetic (EM) and magnetic data with precise positioning to track the low resistivity signature of sulphide related gold-copper mineralization and define the limits of a non-mineralized but conductive graphitic argillite unit intersected in hole C22-01.
Sep 07, 2022 08:00 am ET
Orestone Increases Captain Property Size by over 80 Percent
Vancouver, British Columbia--(Newsfile Corp. - September 7, 2022) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) (OTC Pink: ORESF) is pleased to announce the acquisition of additional claims to expand the Captain gold-copper Porphyry Project near Fort St. James, North Central British Columbia by over 80 percent.
Apr 06, 2022 09:00 am ET
Orestone Announces Captain Drill Results and Ongoing Exploration
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2022) - Orestone Mining Corp. (TSXV: ORS) (FSE: WKN: O2R1) announces the results of its January 2022 drilling program at the Captain Gold-Copper Porphyry Project near Fort St James, North Central British Columbia.
Feb 17, 2022 09:00 am ET
Orestone Completes Drilling at Captain Gold-Copper Porphyry Target
Vancouver, British Columbia--(Newsfile Corp. - February 17, 2022) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) is pleased to announce that further to its news release of Jan 24, 2022, the Phase I drill program has been completed on the Captain gold-copper project near Fort St James, North Central British Columbia. The program consisted of one NQ size diamond core drill hole to a total depth of 774 meters. A total of 89 samples have been shipped to Activation Laboratories Ltd. (Actlabs) in Kamloops, BC for analysis with results anticipated in six to eight weeks.
Jan 24, 2022 07:00 am ET
Orestone Begins Drilling at Captain Gold-Copper Porphyry Target
Vancouver, British Columbia--(Newsfile Corp. - January 24, 2022) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) is pleased to announce that drilling has commenced on the Captain gold-copper project near Fort St James, North Central British Columbia. This 2022 Phase I drill program will test a large gold-copper porphyry target and will consist of 1,000 to 2,000 metres of NQ size diamond core drilling in 2 - 3 holes budgeted at $300,000 to $600,000.
Nov 18, 2021 08:00 am ET
Orestone to Drill the Captain Gold-Copper Porphyry Property, in First Quarter of 2022
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2021) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) announces that drilling of the Captain gold-copper project near Fort St James, North Central British Columbia has been rescheduled due to delays beyond the Company's control, the program is now anticipated to take place in the first quarter of 2022.
Oct 07, 2021 09:18 am ET
Orestone Further Defines Large Gold-Copper Porphyry System at the Captain Property, North Central BC
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2021) - Orestone Mining Corp. (TSXV: ORS) (FSE: WKN: O2R1) is pleased to announce that following the release of results from the recent drilling campaign (Orestone Press Release Dated June 17, 2021), the Company contracted Peter E. Walcott & Associates Limited to carry out a Magneto Telluric (MT) geophysical survey at the Captain gold-copper project near Fort St James, North Central British Columbia.
Jun 17, 2021 07:00 am ET
Orestone Drilling Intersects Tabular Gold-Copper Zones at Captain Indicating a Large Gold-Copper Porphyry System
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2021) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) is pleased to announce the results of a recently completed drilling program at its Captain gold-copper project near Fort St James, North Central British Columbia. Two diamond drill holes were completed during the period of April 9 to May 5, 2021 intersecting tabular gold-copper mineralized kspar (potassic) altered replacement zones within a large magnetic low anomaly. The exploration model at Captain is a large scale potassic-sericite altered calc-alkaline gold-copper porphyry.
Apr 07, 2021 09:08 am ET
Orestone to Drill Captain Gold-Copper Porphyry Target
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2021) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) is pleased to announce that all contractors have been selected and retained to carry out the 2021 Phase I drill program at the Captain project. Equipment mobilization is underway with drilling estimated to start on or about April 10, 2021. The exploration model at Captain is a large scale potassic-sericite altered calc-alkaline gold-copper porphyry target.
Apr 01, 2021 03:55 pm ET
Orestone Mining Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - April 1, 2021) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") has, subject to regulatory approval, granted to officers, directors, advisors and consultants of the Company incentive stock options to purchase an aggregate of 1,615,000 common shares. The options are exercisable until April 1, 2026 at an exercise price of $0.12 per share.
Mar 24, 2021 09:00 am ET
Orestone Completes $1,854,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2021) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) (WKN: O2R1) ("Orestone" or the "Company") is pleased to announce the completion of its upsized non-brokered private placement of Units and Flow-Through common shares originally announced for $1.1 million February 17, 2021, subsequently increased to $1.4 million on March 1 2021, and further increased to $1.912 million on March 17, 2021 (the "Offering").
Mar 17, 2021 11:29 am ET
Orestone Mining Further Increases Private Placement Financing to $1.912 Million Dollars
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2021) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) is pleased to announce that the $1.1 million Orestone non-brokered private placement financing announced February 17, 2021, which was subsequently increased to $1.4 million on March 1 2021, is being further increased to $1.912 million based on receipt of firm commitments. The Unit portion of the financing, originally $450,000 and subsequently raised to $756,000, is being further increased to $963,000 with the issue of 10.7 million units at a price of $0.09 per Unit. 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 the Company at a price of $0.15 for a period of one year from the date of issuance.
Mar 09, 2021 08:00 am ET
Orestone Geophysical Surveys Confirm Large Gold-Copper Porphyry System at Captain Property
Vancouver, British Columbia--(Newsfile Corp. - March 9, 2021) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) (WKN: O2R1) (the "Company") is pleased to announce that a review of the Induced Polarization ("IP") geophysical survey from 2016 for the Captain project has yielded positive results supporting the exploration model of a large scale calc-alkaline gold-copper porphyry system. Additionally, to complete the magnetic survey coverage for the property, a small helicopter borne magnetics program is currently being carried out with readings collected on 100 metre spaced lines.
Mar 02, 2021 09:00 am ET
Orestone Hires Doug McKay and Associates for Investor Relations
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2021) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) (WKN: O2R1) is pleased to announce that the Company has retained the services of British Columbia based Doug McKay and Associates ("DMA"), a full-service investor relations and consulting services company focused on the junior mining sector. Under the terms of the engagement, the company will pay DMA a fee of $9,000 per month for an initial six-month term and has granted DMA stock options to purchase up to an aggregate of 400,000 common shares at a price of 12 cents per share until March 2, 2023. The options shall vest quarterly over a period of 12 months, with 25 per cent vesting on the last day of each quarter. DMA advises that neither it nor its affiliates currently hold any shares of the company; however DMA may from time to time acquire or dispose of securities of the company through the market, privately or otherwise, as circumstances or market conditions warrant. DMA is at arm's length to Orestone and has no other relationship with the company, except pursuant to this engagement. For more information please visit: www.dmainvestors.com.
Mar 01, 2021 07:00 am ET
Orestone Mining Increases Private Placement Financing to $1.4 Million Dollars
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2021) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) (WKN: O2R1) is pleased to announce that the $1.1 million-dollar Orestone non-brokered private placement financing announced February 17, 2021 has been increased to $1.4 million. The Unit portion of the financing has been increased from $450.000 to $756,000 increasing the number of Units to be issued at a price of $0.09 per Unit from 5.0 million to 8.33 million. 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 the Company at a price of $0.15 for a period of one year from the date of issuance.
Feb 17, 2021 09:30 am ET
Orestone Announces One Million One Hundred Thousand Dollar Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 17, 2021) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) (WKN: O2R1) is pleased to announce a non-brokered private placement consisting of up to 5,000,000 common shares ("Flow-Through Shares") at a price of $0.13 per Flow-Through Share and up to 5,000,000 units ("Units") at a price of $0.09 per Unit for aggregate gross proceeds of up to $1,100,000 (the "Offering"). 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 the Company at a price of $0.15 for one year from the date of issuance. Each Flow-Through Share of the Company to be issued on a "flow-through" basis pursuant to the Income Tax Act (Canada).
Feb 03, 2021 12:49 pm ET
Orestone Outlines Large Buried Gold-Copper Porphyry System at Captain Property in North Central British Columbia
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2021) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) (WKN: A2DWW7) (the "Company") 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 glacial till and a 100-150m thick phyllic altered cap. The porphyry system is also associated with a distinctive magnetic low measuring 600m x 1300m surrounded by a crescent shaped magnetic high associated with propylitic altered diorite/monzonite and, on the SW a magnetic alkaline porphyry system (see website for maps).
Dec 21, 2020 07:00 am ET
Orestone Completes Drilling at Captain Gold-Copper Porphyry Property
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2020) - Orestone Mining Corp. (TSXV: ORS) (FSE: A2DWW7) (WKN: A2DWW7) (the "Company") 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.
Nov 06, 2020 08:00 am ET
Orestone to Drill Captain Gold-Copper Porphyry Targets
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2020) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) (WKN: A2DWW7) 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 (see website for maps) located 41 kilometres north of Fort St. James and 30 kilometres south of the Mt. Milligan copper-gold mine in north central British Columbia.
Oct 21, 2020 04:44 pm ET
Michael Gentile Announces Filing of Early Warning Report Related to Disposition of Common Shares of Orestone Mining Corp.
Toronto, Ontario--(Newsfile Corp. - October 21, 2020) - Michael Gentile announces that he has filed an early warning report (the "Report") announcing the disposition (the "Disposition") of 3,875,000 common shares ("Shares") in the capital of Orestone Mining Corp. ("Orestone").
Sep 09, 2020 10:21 am ET
Orestone Plans Drilling at Captain Project
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2020) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) (WKN: A2DWW7) 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 (T1-T10) with strong magnetic anomalies outlined at the Captain Project with only two targets drill tested to date (see website for maps). These magnetic anomalies are also associated with moderate IP chargeability anomalies from 10-15mv/V and are potentially related to mineralized monzonite porphyries and breccia's. All of the holes in the upcoming drill program are located on existing logging roads with easy access 1-1.5 hours north of Fort St James in north central BC.
Sep 02, 2020 08:00 am ET
Orestone Provides Captain Gold-Copper Porphyry Project Update
Vancouver, British Columbia--(Newsfile Corp. - September 2, 2020) - Orestone Mining Corp. (TSXV: ORS) (WKN: A2DWW7) (the "Company") 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.
Aug 27, 2020 08:00 am ET
Orestone Announces Resguardo Drill Results and Near-Term Exploration Plans
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2020) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) (WKN: A2DWW7) (the "Company") announces results from the 1100-metre reverse circulation (RC) 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.
Jul 28, 2020 02:17 pm ET
IIROC Trading Resumption - ORS
VANCOUVER, BC, July 28, 2020 /CNW/ - Trading resumes in:
Jul 28, 2020 01:00 pm ET
IIROC Trading Halt - ORS
VANCOUVER, BC, July 28, 2020 /CNW/ - The following issues have been halted by IIROC:
Jul 28, 2020 11:17 am ET
Orestone Drilling Update at Resguardo Copper Gold Porphyry Target in Chile
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2020) - Orestone Mining Corp. (TSXV: ORS) (FSE:O2R1) (WKN: A2DWW7) (the "Company") 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.
Jul 16, 2020 07:30 am ET
Orestone Commences Drilling on the Resguardo Project in Chile
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2020) - Orestone Mining Corp. (TSXV: ORS) (FSE:O2R1) (WKN: A2DWW7) (the "Company") 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 the La Coipa Mine and the northern Maricunga Gold Belt.
Jul 07, 2020 10:48 am ET
Orestone Reports Progress on Drill Program Startup
Vancouver, British Columbia--(Newsfile Corp. - July 7, 2020) - Orestone Mining Corp. (TSXV: ORS) (WKN: A2DWW7) (the "Company") 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.
Jun 18, 2020 08:00 am ET
Orestone Signs All Necessary Contracts to Drill Resguardo Copper-Gold Porphyry Project Chile
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2020) - Orestone Mining Corp. (TSXV: ORS) (WKN: A2DWW7) (the "Company") 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 to the La Coipa Mine and the northern Maricunga Gold Belt.
Jun 08, 2020 08:53 pm ET
Orestone Mining Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2020) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") has, subject to regulatory approval, granted to officers, directors, advisors and consultants of the Company incentive stock options to purchase an aggregate of 1,150,000 common shares. The options are exercisable until June 8, 2025 at an exercise price of $0.12 per share.
Jun 01, 2020 12:55 pm ET
Michael Gentile Report of Acquisition of Beneficial Ownership of Common Shares of Orestone Mining Corp.
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2020) - Michael Gentile ("Gentile") reports that through the private placement purchase on May 29, 2020 (the "Private Placement") of 3,875,000 units ("Units") of Orestone Mining Corp. (TSXV: ORS) ("Orestone") at Cdn $0.08 per Unit for total consideration paid of Cdn $310,000, he has acquired 3,875,000 common shares ("Common Shares") representing 9.99% of the outstanding Common Shares, and 3,875,000 warrants ("Warrants") of Orestone. Each Unit consisted of one Common Share and one Warrant, with each Warrant being exercisable to purchase one Common Share at Cdn $0.12 until May 29, 2022. As a result, he has acquired deemed beneficial ownership and control of 7,750,000 Common Shares of Orestone
Jun 01, 2020 12:13 pm ET
Orestone Completes $850,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2020) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") is pleased to announce the completion of its previously announced non-brokered private placement whereby the Company issued a total of 10,625,000 units ("Unit") at a price of $0.08 per Unit for gross proceeds of $850,000. Each Unit consisted of one common share of the Company ("Common Share") and one common share purchase warrant ("Warrant"). Each Warrant is exercisable for one Common Share at a price of $0.12 until May 29, 2022. If the closing trading price of the Common Shares on the TSX Venture Exchange (or such other stock exchange on which the Common Shares may be listed) is at or greater than $0.25 per share for any 20 consecutive trading days at any time commencing after September 29, 2020, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof and, in such case, the Warrants will expire on the earlier of (a) the 10th trading day after the date on which such notice is given by the Company and (b) the original expiry date of the Warrants.
May 19, 2020 09:13 am ET
Orestone Announces $850,000 Dollar Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2020) - Orestone Mining Corp. (TSXV: ORS) (the "Company") reports that the non-brokered private placement financing announced on February 14, 2020, for $500,000 at $0.10 per Unit has been terminated.
May 07, 2020 10:10 am ET
Orestone Provides Corporate and Resguardo Copper-Gold Porphyry Exploration Update
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2020) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R1) (WKN: A2DWW7) (the "Company") is pleased to provide this update on recent corporate and operational activities as well as an overview of 2020 planned exploration activities on the Resguardo copper-gold porphyry/manto project, Chile.
Feb 14, 2020 08:00 am ET
Orestone Announces $500,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2020) - Orestone Mining Corp. (TSXV: ORS) (the "Company") is pleased to announce a non-brokered private placement consisting of up to 5,000,000 units ("Units") at a price of $0.10 per Unit for aggregate gross proceeds of up to $500,000 (the "Offering"). Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole Warrant will be exercisable for one common share of the Company at a price of $0.15 for one year from the date of issuance.
Feb 10, 2020 07:00 am ET
Orestone Submits Application for Permits to Drill Captain Project
Vancouver, British Columbia--(Newsfile Corp. - February 10, 2020) - Orestone Mining Corp. (TSXV: ORS) (the "Company") is pleased to announce that it has filed an amended Notice of Work (NOW) application with the BC Ministry of Energy Mines and Petroleum Resources for an additional 26 drill hole sites at its Captain gold-copper porphyry property located in north central British Columbia. The additional drill hole sites will target 18 magnetic anomalies located on the east and west flanks of a central magnetic diorite intrusive; 16 holes are planned to test 11 anomalies on the west and 10 holes to test 7 anomalies on the east.
Jan 17, 2020 09:45 am ET
Orestone Outlines Moderate to Strong Hydrothermal Alteration Zones Above IP Anomaly at Resguardo
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2020) - Orestone Mining Corp. (TSXV: ORS) (WKN: A2DWW7) (the "Company") is pleased to announce that geological mapping has been completed at the Resguardo copper-gold project located 75 km northeast of Copiapo, in Region III, Northern Chile. The mapping was centered on a large IP anomaly and a previously mined copper - gold manto area. The area is shown to be principally underlain by Triassic age quartzites and felsic- silicious volcanic tuffs which have a shallow dip of 15 degrees to the north. The sediments are in unconformable contact and underly Jurassic age andesitic volcanics to the north and are weakly altered to sericite-quartz-limonite with sections of moderate to strong silica-kaolin-sericite and minor copper oxides along fault intersections.
Nov 25, 2019 06:00 am ET
Orestone Initiates Exploration at Resguardo in Northern Chile
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2019) - Orestone Mining Corp. (TSXV: ORS) (WKN: A2DWW7) (the "Company") is pleased to announce that the Company through its newly formed Chilean subsidiary Cerro Golpe de Rayo SpA, has initiated an exploration program on the Resguardo property in northern Chile. The program will further define potential for porphyry and manto style copper-gold mineralization at a shallow depth. Work will consist of detailed mapping, sampling of outcrops and systematic geochemical sampling.
Nov 20, 2019 07:00 am ET
Orestone Intersects an Altered Monzonite Porphyry over 91 Metres Grading 0.26 G/t Gold and 0.065% Copper Including 24 Metres Grading 0.56 G/t Gold and 0.112 % Copper
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2019) - (TSXV: ORS) (the "Company") announces that assays have been received from the Company's 2019 drilling program at the Captain gold - copper project in north central B.C. A total of 1900 metres of drilling in 7 holes was completed in the Admiral Target and target T2, one of 9 large strong magnetic anomalies outlined at the Captain project.
Oct 30, 2019 02:39 pm ET
Orestone Announces 2019 AGM Results
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2019) - Orestone Mining Corp. (TSXV: ORS) (the "Company") is pleased to announce results of voting at its annual general meeting of shareholders which was held yesterday in Vancouver, Brutish Columbia (the "Meeting". All matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, dated September 20 2019, and September 17, 2019 respectively, were approved by an overwhelming majority of votes cast at the Meeting.
Oct 21, 2019 12:24 pm ET
Orestone Completes Drilling at the Captain Property
Vancouver, British Columbia--(Newsfile Corp. - October 21, 2019) - Orestone Mining Corp. (TSXV: ORS) (the "Company") announces that the Company has completed its 2019 diamond drilling program on the 100% owned Captain gold-copper porphyry property in north central B.C. A total of 1900 m of HQ core drilling in seven holes was completed to test for 1) gold - copper mineralization associated with a large IP anomaly and mineralized monzonite inclusion; and 2) NW trending magnetic alkaline dykes and surrounding Cu- Au mineralization. Drill hole spacing varies from 300-700 m and hole depth of 200-400 m. The holes intersected intervals of principally sericite altered monzonite with 10-20 % very fine disseminated sulfides with trace chalcopyrite.
Sep 17, 2019 11:31 am ET
Orestone Outlines Large IP Chargeability Anomaly Below Surface Copper Mineralization at Resguardo in Northern Chile
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2019) - Orestone Mining Corp. (TSXV: ORS) (the "Company") 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 IP/Resistivity were completed in four lines of 2000 m length each.
Aug 29, 2019 02:01 pm ET
Orestone Drilling Underway at the Captain Gold Porphyry Property
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2019) - Orestone Mining Corp. (TSXV: ORS) (the "Company") announces that drilling has begun on the 100% owned Captain gold-copper porphyry property in northern British Columbia.
Aug 26, 2019 09:10 am ET
Orestone Completes Final Tranche of Upsized Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2019) - Orestone Mining Corp. (TSXV: ORS) (the "Company") 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 (the "Offering"). In the second tranche, the Company issued 2,600,000 units of the Company (each, a "Unit") for gross proceeds of $416,000.
Aug 21, 2019 02:19 pm ET
Aug 15, 2019 06:30 am ET
Orestone Mobilizing for Captian Drilling
Vancouver, British Columbia--(Newsfile Corp. - August 15, 2019) - Orestone Mining Corp. (TSXV: ORS) (the "Company") announces that a crew has been mobilized for the planned drilling program at its Captain gold-copper porphyry property in northern British Columbia.
Jul 11, 2019 06:30 am ET
Orestone Mining Corp.: Captain Property Exploration Permit Received
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2019) - Orestone Mining Corp. (TSXV: ORS) (WKN: A2DWW7) (the "Company") 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 Extension area.
Jul 08, 2019 11:22 am ET
Orestone Announces $500,000 Flow-Through Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2019) - Orestone Mining Corp. (TSXV: ORS) (the "Company") is pleased to announce a non-brokered private placement consisting of up to 3,125,000 ("Units") at a price of $0.16 per Unit for aggregate gross proceeds of up to $500,000 (the "Offering"). Each Unit will consist of one common share of the Company qualifying as a "flow-through" share pursuant to the Income Tax Act (Canada) (a "Flow-Through Share") at a price of $0.16 per Flow-Through Share and one-half of one common share purchase warrant. Each whole warrant will be exercisable to purchase one common share of the Company (non Flow-Through Share) at a price of $0.22 for one year from the date of issuance. The Offering will be made only to residents of Canada.
Jun 21, 2019 06:30 am ET
Orestone Initiates Resguardo Property Exploration
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2019) - Orestone Mining Corp. (TSXV: ORS) (FSE: WKN: A2DWW7) (the "Company") 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 geophysics followed by drilling.
Jun 10, 2019 09:09 am ET
Orestone Initiates Captain Property Exploration
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2019) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R2) (the "Company") is pleased to announce that exploration has begun on the Company's Captain Project.
Jun 03, 2019 09:22 am ET
Orestone Appoints Bruce Winfield as President
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2019) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") 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.
May 14, 2019 07:00 am ET
Orestone Appoints Anderson to the Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2019) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") 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.
Apr 29, 2019 08:14 am ET
Orestone Completes $1.15 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2019) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") 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 ("Unit") 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 Orestone, with each warrant being exercisable for one common share of Orestone at a price of $0.15 for a term of 2 years.
Mar 27, 2019 06:02 pm ET
Orestone Announces $1,100,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2019) - Orestone Mining Corp. (TSXV: ORS) (the "Company") is pleased to announce a non-brokered private placement consisting of up to 10,000,000 units ("Units") at a price of $0.11 per Unit for aggregate gross proceeds of up to $1,100,000 (the "Offering"). 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 the Company at a price of $0.15 for two years from the date of issuance.
Jan 10, 2019 06:30 am ET
Orestone Stakes Additional Cu-Au Porphyry Target in BC
Vancouver, British Columbia--(Newsfile Corp. - January 10, 2019) - Orestone Mining Corp. (TSXV: ORS) (WKN: A2DWW7) is pleased to announce the staking of an additional Cu-Au porphyry target at its Captain Property in north central BC. The new Cu-Au porphyry target "MAX" is located 7 km northwest of its main East Admiral Au-Cu porphyry target.
Dec 07, 2018 03:36 pm ET
Orestone Announces Amended Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2018) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") announces that the price per Unit for its non-brokered private placement previously announced on October 17, 2018 has been reduced from $0.15 to $0.10 per Unit. Each whole Warrant will be exercisable for one common share of the Company at a price of $0.15 for one year from the date of issuance
Oct 26, 2018 06:30 am ET
Orestone Acquires Assets, Strengthens Board and Has Drill Ready Targets - Company Update
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2018) - Orestone Mining Corp. (TSXV: ORS) (WKN: A2DWW7) (the "Company") Orestone Mining is pleased to provide a progress report of the Company's restructuring; management, capital structure, assets and exploration plans.
Oct 17, 2018 06:30 am ET
Orestone Announces $1,050,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2018) - Orestone Mining Corp. (TSXV: ORS) (the "Company") is pleased to announce a non-brokered private placement consisting of up to 7,000,000 units ("Units") at a price of $0.15 per Unit for aggregate gross proceeds of up to $1,050,000 (the "Private Placement"). Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole Warrant will be exercisable for one common share of the Company at a price of $0.30 for one year from the date of issuance.
Oct 05, 2018 07:08 pm ET
Orestone Mining Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2018) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") has, subject to regulatory approval, granted officers, directors and consultants of the Company incentive stock options to purchase an aggregate of 250,000 common shares. The options are exercisable until October 4, 2023 at an exercise price of $0.15 per share.
Sep 05, 2018 06:30 am ET
Orestone Options Resguardo Copper Project in Chile
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2018) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") is pleased to announce that it has signed an Option to Purchase Agreement for a 100 percent interest in the Resguardo copper project. The Resguardo project is located 95 km north east of Copiapó in northern Chile, on the Middle Tertiary porphyry copper belt, which hosts the large scale El Salvador and Potrerillos copper mines. The project consists of 2,905 hectares (11.3 square miles) of mineral concessions covering historic workings focused on oxide copper production at an elevation of 3000 metres.
Jun 15, 2018 09:30 am ET
Orestone Completes Private Placement of $100,000
Vancouver, British Columbia--(Newsfile Corp. - June 15, 2018) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") is pleased to announce the completion of its non‑brokered private placement announced on June 5, 2018. The Company issued 1,000,000 units ("Unit") at a price of $0.10 per Unit for gross proceeds of $100,000. Each Unit consisted of one common share and one-half of one common share purchase warrant of Orestone, with each whole warrant being exercisable for one common share of Orestone at a price of $0.15 for a term of one (1) year.
Jun 05, 2018 06:00 am ET
Orestone Announces $100 Thousand Dollar Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2018) - Orestone Mining Corp. (TSXV: ORS) (the "Company") is pleased to announce a non-brokered private placement consisting of a maximum of 1,000,000 units ("Units") at a price of $0.10 per Unit for aggregate gross proceeds of up to $100,000 (the "Private Placement"). Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole Warrant will be exercisable for one common share of the Company at a price of $0.15 for one year from the date of issuance.
Apr 30, 2018 06:30 am ET
Orestone Announces Changes to the Board of Directors and Stock Option Grant and Cancellation
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2018) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") is pleased to announce the appointment of Ms. Julia Aspillaga and Mr. Patrick Daniels to the Company's Board of Directors. Combined Julia and Patrick have over six decades of mineral industry experience and have collaborated on several projects over the years.
Nov 23, 2017 09:30 am ET
Orestone Mining Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - November 23, 2017) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") has, subject to regulatory approval, granted directors, officers, employees, advisors and consultants of the Company incentive stock options to purchase an aggregate of 785,000 common shares. The options are exercisable until November 22, 2022 at an exercise price of $0.15 per share.
Nov 20, 2017 09:30 am ET
Orestone Appoints Mr. Marc G. Blythe to Advisory Board
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2017) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") is pleased to announce the appointment of Mr. Marc G. Blythe, P.Eng. to the Company's Advisory Board.
Nov 16, 2017 09:30 am ET
Orestone Appoints Mr. John Kanderka to the Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2017) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") is pleased to announce that Mr. John Kanderka has joined the Company's Board of Directors. Mr. Kanderka has more than 40 years of experience in the oil and gas industry as well as the minerals industry; he currently consults for a variety of exploration and production companies in Western Canada and the United States.
Oct 25, 2017 05:05 pm ET
Orestone Completes Private Placement of $239,500
Vancouver, British Columbia--(Newsfile Corp. - October 25, 2017) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") is pleased to announce the completion of its non‑brokered private placement announced on September 5 and October 19, 2017. The Company issued 3,991,667 units ("Unit") at a price of $0.06 per Unit for gross proceeds of $239,500.02. Each Unit consisted of one common share and one common share purchase warrant of Orestone, with each warrant being exercisable for one common share of Orestone at a price of $0.10 for a term of 2 years.
Oct 19, 2017 09:01 am ET
Orestone Announces Amended Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2017) - Orestone Mining Corp. (TSXV: ORS) ("Orestone" or the "Company") announces that the price per Unit for its non‑brokered private placement previously announced on September 5, 2017 has been increased from $0.05 to $0.06 per Unit.
Mar 29, 2016 05:21 pm ET
Orestone Names Andrew Muir as Chief Financial Officer
Orestone Mining Corp. (TSX VENTURE: ORS) is pleased to announce that the Company has named Mr. Andrew Muir as CFO of the Company.