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 [...]
Orestone Mining Corp. 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 and magnetic data with precise positioning to track the low resistivity signature of sulphide related gold-copper mineralization and define the limits of a [...]
Orestone Mining Corp. 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. The additional claims cover 4,418.75 hectares primarily to the south of the Captain claim block which now encompasses 9,692 hectares. The 100 percent interest in the claims were acquired from an arms-length third party [...]
Orestone Mining Corp. announces the results of its January 2022 drilling program at the Captain Gold-Copper Porphyry Project near Fort St James, North Central British Columbia. One hole C22-01 was drilled to the east of a major NW trending fault to test an inferred porphyry intrusive target indicated by a large, highly conductive geophysical Magneto-Telluric anomaly at a depth of 500 metres. The hole intersected a barren [...]
Orestone Mining Corp. 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. in Kamloops, BC for analysis with [...]
Orestone Mining Corp. 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. Drill hole targeting was refined utilizing results of a Magneto [...]
Orestone Mining Corp. 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. A Magneto Telluric geophysical survey conducted in the summer of 2021 outlined a large, pronounced low resistivity / high conductivity anomaly over 800 [...]
Orestone Mining Corp. is pleased to announce that following the release of results from the recent drilling campaign , the Company contracted Peter E. Walcott & Associates Limited to carry out a Magneto Telluric geophysical survey at the Captain gold-copper project near Fort St James, North Central British Columbia. Previous drilling at Captain has defined a tabular, sericite altered zone that is 500 metres thick along a [...]
Orestone Mining Corp. 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 altered replacement zones within a large magnetic low anomaly. The exploration model at Captain is a large [...]
Orestone Mining Corp. 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. The drill program will consist of 1,000 to [...]
Orestone Mining Corp. 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. Orestone Mining Corp. is a Canadian based company that owns a 100% percent interest in the 37 square kilometre Captain [...]
Orestone Mining Corp. 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 . In part "A" of the Offering the Company issued 10,228,556 units at a price of $0.09 per Unit for gross [...]
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