Orestone Mining Corp. 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 conducted along a 3000 metre [...]
Orestone Mining Corp. 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 Texasgulf Inc. and Boliden Inc., he [...]
Orestone Mining Corp. 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, corporate finance and management. He [...]
Orestone Mining Corp. 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 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 Mining Corp. is pleased to announce a non-brokered private placement consisting of up to 10,000,000 units at a price of $0.11 per Unit for aggregate gross proceeds of up to $1,100,000 . 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 [...]
Orestone Mining Corp. 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 and cover a phyllic altered felsic intrusive with disseminated chalcopyrite exposed along a forestry logging access road. The [...]
Orestone Mining Corp. 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 proceeds of $1,000,000. The terms of the [...]
Orestone Mining Corp. 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: Julia Aspillaga and Patrick Daniels [...]
Orestone Mining Corp. is pleased to announce a non-brokered private placement consisting of up to 7,000,000 units at a price of $0.15 per Unit for aggregate gross proceeds of up to $1,050,000 . 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 [...]
Orestone Mining Corp. 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. is a Canadian based company managed by mining industry professionals. The Company controls a portfolio of gold and [...]
Orestone Mining Corp. 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 of mineral concessions [...]
Orestone Mining is pleased to announce the completion of its non‑brokered private placement announced on June 5, 2018. The Company issued 1,000,000 units 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 [...]
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