Welcome to our dedicated page for Orestone Mining news (Ticker: ORESF), a resource for investors and traders seeking the latest updates and insights on Orestone Mining stock.
Orestone Mining Corp. (ORESF) provides investors and industry observers with comprehensive updates on its mineral exploration activities across North and South America. This dedicated news hub consolidates official press releases, project developments, and operational milestones related to the company’s gold-copper porphyry systems and oxide deposit exploration programs.
Visitors gain access to timely updates on key assets including the Captain Project in British Columbia and Argentina-based ventures, featuring drilling results, geophysical survey interpretations, and strategic partnership announcements. The archive serves as a historical record of technical progress across exploration stages – from initial target identification through advanced resource delineation.
This resource prioritizes transparent communication of exploration outcomes, financial reporting disclosures, and corporate developments. Content categories include permit acquisitions, geochemical findings, leadership updates, and conference participation – all essential for assessing the company’s operational trajectory.
Bookmark this page for streamlined access to Orestone Mining’s evolving exploration narrative, supported by verified data from qualified professionals and presented without speculative commentary. Regular updates ensure stakeholders maintain current awareness of the company’s progress in discovering economically viable mineral deposits.
Orestone Mining Corp. (OTC Pink: ORESF) has announced the granting of incentive stock options to its officers, directors, advisors, and consultants. The company has granted options to purchase 4,725,000 common shares at a price of $0.10 per share, valid for five years until June 30, 2030.
The options will vest in four equal installments: 25% on the grant date, and additional 25% increments at three, six, and nine months after the grant date. The grants are subject to regulatory approval and the Company's Stock option plan, which received shareholder approval on August 29, 2024.
Orestone Mining Corp (TSXV: ORS) (OTC: ORESF) has completed a sampling program at its Francisca gold property in Salta Province, Argentina. The program yielded significant results, particularly in the South gold zone, where 11 out of 20 samples exceeded 6.0 g/t gold. The South zone, characterized by strongly altered quartz stockwork, extends over 500 meters in length and 50-100 meters in width.
The South zone samples ranged from 0.03 to 33 g/t gold and 2.0 to 160 g/t silver, averaging 5.78 g/t gold and 29.2 g/t silver. The North zone, featuring a quartz manganese stockwork, showed values from 0.01 to 21.7 g/t gold, averaging 0.38 g/t gold excluding two high-grade samples of 9.4 and 21.7 g/t gold.
The company aims to define an oxide gold deposit suitable for open-pit mining and heap leach gold recovery methods. The mineralized trend extends over 1100 meters and is associated with quartz feldspar porphyry intrusive dykes and intense sericite alteration.
Orestone Mining Corp (TSXV: ORS) (OTC: ORESF) has announced plans for an airborne MagnetoTelluric (AirMT) survey at its Captain Gold Porphyry Project in North Central BC. The survey will focus on the T-2 conductivity target, covering 18 lines at 7.2 kilometers in length, totaling 157 line kilometers, scheduled for summer 2025.
The Captain Project, located 40 kilometers north of Fort St. James and 30 kilometers south of Mt. Milligan copper-gold mine, features a gold-dominant porphyry system within a 5-kilometer N-S trending corridor. The central T1 target has shown promising results with gold-copper mineralization zones grading 0.20 to 0.84 g/t gold and 0.05-0.11 percent copper.
The property has attracted major producers including Centerra Gold, IAMGOLD, and New Gold to stake surrounding claims. The project is fully permitted and drill-ready, with the upcoming AirMT survey designed to effectively define conductive porphyry targets for systematic drill testing.
Orestone Mining Corp. (ORESF) has signed an option agreement to acquire up to 85% interest in the seven square kilometer Francisca property in Salta Province, Argentina. The property features an oxide gold stock-work mineralized trend extending 1100 metres, with two gold zones measuring 400-450 metres in strike length and 50-100 metres in width.
Historic exploration data from 1996-1999 showed promising results, with initial grab samples averaging 0.958 g/t gold. Notable trench results include 52 metres grading 3.65 g/t gold with 17.88 g/t silver, and 110 metres grading 0.82 g/t gold with 7.33 g/t silver. The acquisition terms include total cash payments and exploration expenditures of US$4.2 million over seven years.
The company aims to develop a bulk tonnage oxide gold deposit suitable for open-pit mining and heap leach recovery methods. The property is accessible year-round and located in an area with good infrastructure.
Orestone Mining Corp (TSXV: ORS) (OTC: ORESF) provides an overview of its Las Burras-Incahuasi project in Salta Province, Argentina. The project features two large porphyry copper-gold-molybdenum systems located approximately 100 kilometers northwest of Salta City. Initial drilling revealed anomalous copper-gold and molybdenum over intervals up to 300 metres, with mineralized intercepts assaying from 0.10 to 0.40 percent copper and 0.01 ppm gold. The company plans to conduct an Airborne Magnetotelluric survey over 18 square kilometers to define priority drill targets. Orestone can earn up to 75% interest in the 56.8 square kilometer property.
Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) has signed an Option Agreement with Cascadero Minerals to earn up to a 75% interest in the 56.8 sq km Las Burras-Incahuasi copper gold molybdenum porphyry property in Salta Province, Argentina. The property hosts two large porphyry systems, with previous drilling intersecting widespread copper/gold mineralization. Drill hole LB-3 intersected 256 metres grading 0.23% copper, 0.060 ppm gold and 0.019% molybdenum, including a higher-grade section.
Orestone plans to conduct an Airborne MagnetoTellurics survey to better define the conductive porphyry system and drill test areas along a 1500-2000 metre x 400-750 metre trend. The company can earn a 51% interest through cash payments of US$100,000 and US$1,900,000 in exploration expenditures over three years, with an option to increase to 75% with additional US$3,000,000 in expenditures over two years.
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