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 forestry logging access road. The new Max target has marked similarities to the East Admiral zone lying at the junction of a NW and NE faults- associated with a MMI Cu-Au geochemical anomaly and quartz sericite alteration characteristic of the outer zone of a Cu-Au porphyry. The Max claims lie along a NW trending linear fault and linear magnetic high extending from the East Admiral Cu-Au zone.
The Captain Project now covers 72 sq. km and hosts a large gold/copper porphyry system with multiple targets located 41 kilometers north of Fort St. James, British Columbia and approximately 30 kilometers south of the Mt. Milligan copper-gold Mine owned by Centerra Gold. The project features relatively flat terrain, moderate tree cover and an extensive network of logging and Forest Service roads suitable for exploration year around.
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Orestone Mining plans follow-up soil and rock geochemical sampling in 2019 to define drill targets.
We are currently in the process of financing and once complete we will announce further exploration details.
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Mr. Gary Nordin PGeo, BC has reviewed the technical information on the project and visited the project.
Orestone Mining Corp. is a Canadian based company that owns a 100% percent interest in the Captain Project and has an option to purchase a 100% interest in the Resguardo copper project in Chile.
ON BEHALF OF ORESTONE MINING CORP.
President and CEO
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