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) generates news primarily through exploration and corporate developments on its gold, silver and copper projects in Canada and Argentina. Company releases highlight work on the 100% owned Captain gold‑copper project in North Central British Columbia and on optioned properties in Salta Province, Argentina, including the Francisca gold‑silver project and the Las Burras‑Incahuasi copper‑gold‑molybdenum porphyry project.
News updates commonly cover exploration programs such as geological mapping, trench and rock sampling, geophysical surveys, and drilling plans or results. At Francisca, Orestone reports on sampling campaigns across the North and South oxide gold zones and outlines plans for reverse circulation drilling to test the stock‑work trend. At Las Burras‑Incahuasi, news items describe historic drill intercepts, large geophysical anomalies and proposed Airborne Magnetotelluric surveys to refine porphyry targets.
Corporate news also includes information about option agreements and financing. Orestone has announced Option Agreements to earn interests in the Francisca and Las Burras‑Incahuasi properties, along with non‑brokered private placements and share‑for‑debt transactions that support exploration. Releases note the participation of strategic investors such as Crescat Capital LLC in private placements and provide context on how new capital will be applied to the company’s property portfolio.
Investors and followers of ORESF can use this news feed to review technical updates on sampling and drilling, changes in property interests, and financing activities that may influence the pace and scope of exploration. Because Orestone’s projects are at the exploration stage, news items often focus on target definition, geologic interpretation and the design of upcoming work programs.
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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