Orestone Expands Francisca Gold - Silver Project to Nine Square Kilometres in Salta Argentina
Orestone Mining (OTC:ORESF) has expanded its Francisca Gold-Silver Project in Salta, Argentina by adding 2 square kilometers of contiguous land. The expansion, costing US$10,300, is part of the company's option agreement to acquire up to 85% interest in the property for US$4.2 million over seven years.
The property features an oxide gold stock-work mineralized trend extending 1,100 meters in length, with two zones (North and South) showing significant potential. Recent sampling in the South Zone yielded impressive results, with values ranging 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.
Orestone has planned a two-phase exploration program, including detailed mapping, sampling of 11 existing trenches, and a 1,200-meter reverse circulation drill program with 8 holes.
Orestone Mining (OTC:ORESF) ha ampliato il suo progetto Francisca Gold-Silver a Salta, Argentina, aggiungendo 2 chilometri quadrati di terreno contiguo. L'espansione, dal costo US$10.300, fa parte dell'accordo di opzione per acquisire fino all'85% di interesse nella proprietà per US$4,2 milioni in sette anni. La proprietà presenta una tendenza mineralizzata di oro ossidante con stock-work estesa per 1.100 metri di lunghezza, con due zone (Nord e Sud) che mostrano potenziale significativo. Campionamenti recenti nella Zona Sud hanno prodotto risultati notevoli, con valori che vanno da 0,03 a 33 g/t di oro e 2,0 a 160 g/t di argento, con una media di 5,78 g/t di oro e 29,2 g/t di argento. Orestone ha pianificato un programma di esplorazione in due fasi, che include mappatura dettagliata, campionamento di 11 trincee esistenti e un programma di trivellazione a ricircolo inverso di 1.200 metri con 8 fori.
Orestone Mining (OTC:ORESF) ha ampliado su proyecto Francisca Gold-Silver en Salta, Argentina, añadiendo 2 kilómetros cuadrados de terreno contiguo. La expansión, que costó US$10.300, forma parte del acuerdo de opción para adquirir hasta un 85% de interés en la propiedad por US$4,2 millones durante siete años. La propiedad presenta una tendencia mineralizada de oro oxidado tipo stock-work que se extiende 1.100 metros de longitud, con dos zonas (Norte y Sur) que muestran potencial significativo. Muestreos recientes en la zona Sur arrojaron resultados impresionantes, con valores que oscilan entre 0,03 y 33 g/t de oro y 2,0 a 160 g/t de plata, con un promedio de 5,78 g/t de oro y 29,2 g/t de plata. Orestone ha planificado un programa de exploración en dos fases, que incluye mapeo detallado, toma de muestras de 11 zanjas existentes y un programa de perforación por circulación inversa de 1.200 metros con 8 agujeros.
Orestone Mining (OTC:ORESF)은 아르헨티나 살타에서 Francisca 금-은 프로젝트를 확장해 2 제곱킬로미터의 인접 토지를 추가했습니다. 확장은 미화 10,300달러의 비용이 들었으며, 7년 동안 이 부지의 85% 지분을 취득하기 위한 옵션 계약의 일부로 420만 달러를 지불하는 것입니다. 이 지역은 1,100미터에 걸친 산화 금 스톡-워크 형태의 광맥을 보여주며, 북부(North)와 남부(South) 두 구역이 상당한 잠재력을 갖습니다. 남부 구역의 최근 시료 채취는 금 0.03–33 g/t, 은 2.0–160 g/t의 인상적인 결과를 보였고, 평균은 금 5.78 g/t, 은 29.2 g/t였습니다. Orestone은 상세 매핑, 기존 11개의 트렌치 샘플링, 1,200미터의 역회전 시추 프로그램과 8개 구멍을 포함하는 두 단계 탐사 계획을 세웠습니다.
Orestone Mining (OTC:ORESF) a étendu son projet Francisca Gold-Silver à Salta, Argentine, en ajoutant 2 kilomètres carrés de terrain contigu. L'expansion, coûtant 10 300 USD, fait partie de l'accord d'option visant à acquérir jusqu'à 85% de l'intérêt dans la propriété pour 4,2 millions USD sur sept ans. La propriété présente une veine oxydée d'or et d'argent de type stock-work qui s'étend sur 1 100 mètres de longueur, avec deux zones (Nord et Sud) montrant un potentiel significatif. Des échantillonnages récents dans la zone Sud ont donné des résultats impressionnants, avec des valeurs allant de 0,03 à 33 g/t d'or et 2,0 à 160 g/t d'argent, avec une moyenne de 5,78 g/t d'or et 29,2 g/t d'argent. Orestone a prévu un programme d'exploration en deux phases, comprenant une cartographie détaillée, l'échantillonnage de 11 tranchées existantes et un programme de forage par circulation inverse de 1 200 mètres avec 8 puits.
Orestone Mining (OTC:ORESF) hat sein Francisca Gold-Silver-Projekt in Salta, Argentinien, erweitert, indem es 2 Quadratkilometer zusammenhängendes Land hinzufügte. Die Erweiterung, die US$10.300 kostet, ist Teil der Optionsvereinbarung, bis zu 85% Eigentum an der Liegenschaft für US$4,2 Mio über sieben Jahre zu erwerben. Die Liegenschaft verfügt über eine oxidische Gold-Stockwerk-Mineralisierung, die sich über 1.100 Meter erstreckt, mit zwei Zonen (Nord und Süd), die signifikantes Potenzial zeigen. Kürzliche Proben in der Südzone ergaben beeindruckende Ergebnisse, mit Werten von 0,03 bis 33 g/t Gold und 2,0 bis 160 g/t Silber, durchschnittlich 5,78 g/t Gold und 29,2 g/t Silber. Orestone plant ein zweistufiges Explorationsprogramm, das detaillierte Kartierung, Probenahme von 11 bestehenden Gräbern (Trenches) und ein 1.200 Meter RC-Bohrprogramm mit 8 Bohrungen umfasst.
Orestone Mining (OTC:ORESF) وسّعت مشروع Francisca Gold-Silver في سالتا، الأرجنتين، بإضافة 2 كيلومتر مربع من الأرض المتجاورة. التوسع، الذي كلف 10,300 دولار أمريكي، هو جزء من اتفاقية خيار للاستحواذ على حتى 85% من المصلحة في الملكية مقابل 4.2 مليون دولار خلال سبع سنوات. تتميز الملكية باتجاه من الذهب المؤكسد بنمط Stock-Work يمتد على 1,100 متر بطولها، مع منطقتين (الشمال والجنوب) يظهران إمكانات كبيرة. أظهرت نتائج أخذ العينات الأخيرة في المنطقة الجنوبية نتائج مثيرة للإعجاب، حيث تتراوح القيم بين 0.03 إلى 33 جم/طن من الذهب و 2.0 إلى 160 جم/طن من الفضة، بمتوسط 5.78 جرام/طن من الذهب و 29.2 جرام/طن من الفضة. تخطط أوريستون لبرنامج استكشافي من مرحلتين، بما في ذلك التخطيط التفصيلي، وأخذ عينات من 11 خندقا قائما، وبرنامج حفر عكسي دائري بطول 1,200 متر مع 8 آبار.
Orestone Mining (OTC:ORESF) 已通过在阿根廷萨尔塔的 Francisca 金银项目增加 2 平方公里连续土地，扩大项目。此次扩张花费 10,300 美元，是公司为在七年内以 4.2 百万美元获取最多 85% 的权益而签署的选项协议的一部分。该地产具有延展约 1,100 米的氧化金矿化趋势，分为两区（北区和南区），显示出显著潜力。南区最近的取样显示出令人印象深刻的结果，金值为 0.03–33 g/t，银值为 2.0–160 g/t，平均为 5.78 g/t 金、29.2 g/t 银。Orestone 已计划一个两阶段勘探计划，包括详细制图、对现有 11 条沟槽的取样，以及一个 1,200 米的反循环钻探计划，共 8 口钻孔。
- Expansion of property increases exploration potential and asset base
- High-grade sampling results averaging 5.78 g/t gold and 29.2 g/t silver
- Comprehensive two-phase exploration program planned with 1,200-meter drilling
- Option to acquire 85% interest provides significant ownership potential
- Significant capital commitment required - US$4.2 million over seven years
- No meaningful exploration conducted in the last 20 years
- Company terminated Las Burras-Incahuasi copper property option due to inactivity
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2025) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: O2R2) ("Orestone" or the "Company") is pleased to announce that it has added an additional approximately two square kilometres of land contiguous with the Company's optioned Francisca property located in Salta Province, northwestern Argentina approximately 80 kilometres northwest of the city of Salta. Pursuant to the Company's option agreement as previously announced February 11, 2025 (the "Option Agreement"), the Company can acquire up to an
David Hottman, Orestone's CEO, stated: "The Francisca property covers a robust gold system discovered during a period of historically very low gold prices and no meaningful exploration has been conducted for the last 20 years. With the expansion of the land package complete, Orestone plans to conduct a program of detailed mapping and trench re-sampling followed by drilling to test the gold system. Our goal is to define an oxide gold deposit that can be mined by open pit. Additional information regarding exploration plans will be released in the near future."
OXIDE GOLD STOCK-WORK MINERALIZED TREND
Geologic mapping has outlined an oxide gold stock-work mineralized trend over a northwest strike length of 1100 metres outcropping on the crest of a moderate relief hill. Two zones (North and South) are surrounded by a 500 to 1000 metre wide area of strongly hornfels altered sediments and underlain by a large IP changeability anomaly indicating potential for a larger intrusive body at depth. The oxide gold quartz limonite stock-work trend is associated with quartz feldspar porphyry intrusive dykes and intense sericite alteration along NW trending faults.
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EXPANDING COVERAGE OF THE LARGER TARGET
The new lands are contiguous to the northern and eastern boundaries of the Francisca property and more fully cover the potential extension of the mineralizing system to the East (West previously covered). Approximately 900 metres to the east of the trend hosting the North-South Zones, geologic mapping and sampling in an area of historic shallow mine workings, has outlined mineralization measuring approximately 400 metres by 200 metres of partially hornfels altered sedimentary rocks. Gold mineralization occurs in quartz veins and veinlets with argillic-chlorite and quartz sericite alteration from 3 to 5 metres wide on the margins of veins from a centimetre up to two metres wide. The presence of this style of mineralization fits with a model of distal precious metal mineralization related to a larger intrusive body at depth below the North-South Zones. (for Francisca maps click here)
PREVIOUS SAMPLING
The South Zone outcrops over an area of 50 to 100 metres wide with a strike length of 500 metres, and is the most prominent target outlined to date. A confirmation sampling program consisting of 20 rock chip samples taken over lengths varying from 0.1 to 5 metres, was completed earlier in the year as announced March 27, 2025. The assay values confirm the high-grade nature of the target ranging in value 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 (gold grades cut to 10 g/t and silver grades cut to 60 g/t). 11 samples were greater than 6.0 g/t gold and 8 samples assayed between 0.36 and 4.5 g/t gold.
Sampling consisted of individual to contiguous chip and chip channel samples depending on the exposure. Samples were transported under chain of custody to the Alex Stewart International Argentina S.A., an internationally recognised analytical facility located in Palpala, Jujuy Province, Argentina. Samples varied in weight from 1.77 to 3.38 kilograms, and were analysed by fire assay for gold and ICP for 39 multi-element analysis including silver. Duplicate samples were analysed for quality control, as well as the standard QA/QC internal controls used by Alex Stewert International Argentina S.A..
FUTURE EXPLORATION
Orestone has designed a two phase program of detailed, mapping, sampling, and drilling in the high-grade South Zone. Phase 1 will consist of detailed mapping and sampling with approximately 580 rock chip samples in the 11 existing trenches which cross cut the zone along its 500 metre long strike length. The Phase II work is planned to be a 1200 metre reverse circulation drill program consisting of 8 reverse circulation drill holes to a depth of 150 meters designed to cross-cut the presently defined mineralized zone on a spacing of 40 to 80 meters.
Gary Nordin, P.Geo, a Director of the Company, is a qualified person as defined by National Instrument 43-101. Mr. Nordin has reviewed and approved the technical information in this press release.
Las Burras Property
Having conducted no work on the Las Burras-Incahuasi copper porphyry property, Orestone has terminated its option to earn an interest.
To learn more about the company and to stay up to date on corporate developments go to our website at www.orestone.ca and sign up for our investor email updates or email us at info@orestone.ca.
About Orestone
Orestone Mining Corp. is a Canadian based company with an internationally experienced management team. The Board of Directors and management team have experience in all aspects of the mining business having been involved in numerous corporate and project level successes. Orestone's property portfolio includes exposure to gold, silver and copper on projects located in Canada and Argentina. Our near-term objective on the Francisca property, located in Salta, Argentina is to define an oxide gold deposit mineable by open pit methods. The Company's 100 percent owned Captain gold-copper project, located in BC hosts a large gold dominate porphyry system that is permitted and drill ready. The projects are road accessible and suitable for exploration year-round.
ON BEHALF OF ORESTONE MINING CORP.
David Hottman
CEO
For further information, contact: David Hottman at 604-629-1929 □ info@orestone.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release. This news release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.
Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of Canadian securities laws, which may include, but are not limited to statements relating to the Option Agreement, as amended, the exercise of the option, future exploration plans and the ability to fund these plans and the prospective nature of the Francisca property. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, fluctuations in metal and commodity prices, changes in currency exchange rates, market prices, failure to obtain permits, and continued availability of capital and financing, and general economic, market or business conditions. In particular, there is no guarantee that exploration expenditures, as proposed, or otherwise, will be completed on the property or that the option will be exercised. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including those set out in the Company's quarterly and annual management discussion and analysis. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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