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...
2019-09-17 11:33 AM EDT
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. 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 intersected in previous drilling which assayed 1.9...
2019-08-29 2:01 PM EDT
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. The terms of the...
2019-08-26 9:10 AM EDT
Orestone Increases Flow-Through Private Placement to $650,000
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2019) - Orestone Mining Corp. (TSXV: ORS) (the "Company") is pleased to announce that due to demand from investors, it has increased the maximum size of its previously announced non-brokered private placement (see news release dated July 8, 2019) to 4,062,500 units of the Company (each, a "Unit") for aggregate gross proceeds of $650,000 (as so increased, the "Offering"). The terms of the Offering remain as disclosed in the Company's...
2019-08-21 2:19 PM EDT
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. 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 terms of the environmental Notice of Work Mineral...
2019-08-15 6:30 AM EDT
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. The Admiral target is a...
2019-07-11 6:30 AM EDT
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...
2019-07-08 11:22 AM EDT
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. A...
2019-06-21 6:30 AM EDT
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. 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 prospecting and stream silt sampling will be...
2019-06-10 9:09 AM EDT
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. Mr. Winfield, M.Sc., P.Geo, has more than 40 years of experience in the minerals industry as a geologist, corporate executive and consultant. Following 14 years with major mining companies...
2019-06-03 9:22 AM EDT
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. Mr. Anderson has many years of corporate experience as an officer and as a director in both the private and public sectors in various roles including strategic planning,...
2019-05-14 7:00 AM EDT
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...
2019-04-29 8:14 AM EDT
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...
2019-03-27 6:02 PM EDT
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. The Max Extension claims cover 2,834 hectares (28.3 sq. km) and cover a phyllic altered felsic intrusive with disseminated chalcopyrite exposed along a...
2019-01-10 6:30 AM EST
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 The private placement now consists of 10,000,000 Units for gross...
2018-12-07 3:36 PM EST
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. Over the last year the Company's Board of Directors, capital structure and asset mix have been optimized to create shareowner wealth going forward. We have worked diligently to add depth and strength to the Board:...
2018-10-26 6:30 AM EDT
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...
2018-10-17 6:30 AM EDT
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. Orestone Mining Corp. (TSXV: ORS) is a Canadian based company managed by mining industry professionals....
2018-10-05 7:08 PM EDT
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...
2018-09-05 6:30 AM EDT
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...
2018-06-15 9:30 AM EDT