Michael Gentile announces that he has filed an early warning report announcing the disposition of 3,875,000 common shares in the capital of Orestone Mining Corp. . Prior to the completion of the Disposition, Mr. Gentile beneficially owned and controlled, directly or indirectly, an aggregate of 3,875,000 Shares and an aggregate of 3,875,000 common share purchase warrants , representing approximately 9.87% of Orestone's [...]
Orestone Mining Corp. is pleased to announce that target modeling for an upcoming drill program on the Captain Project has been refined and specific targets are being selected. As part of the data review and planning process several drill holes have been re-logged leading to a re-interpretation of previous mineralized drill intercepts. There are 10 large target areas with strong magnetic anomalies outlined at the Captain [...]
Orestone Mining Corp. is pleased to provide this update on operational activities in preparation for drilling on the Captain gold-copper porphyry project, in British Columbia this fall. The Company has received an approved 2020 Notice of Work from the BC Ministry of Mines and Petroleum Resources for 24 drill locations to test the 10 large magnetic high targets located on the east and west flanks of a central magnetic [...]
Orestone Mining Corp. announces results from the 1100-metre reverse circulation drill program on the Resguardo project in Chile. The drill program at Resguardo tested the two large exploration targets outlined on the property to date but failed to locate the source of the copper-gold mineralization mined in historic workings. The program was carried out efficiently and economically in light of COVID-19 concerns. "While we [...]
Orestone Mining Corp. is pleased to provide the following update on the Resguardo copper-gold porphyry/manto target drill program. Drilling of the first two holes to a target depth of 400 metres has been completed and Orestone is pleased to report the discovery of an additional mineralized zone where the third drill hole is nearing targeted depth. Reverse circulation drill hole RE-20-1 was drilled to a depth of 402 metres [...]
Orestone Mining Corp. is pleased to announce that a drill program on the Company's Resguardo copper-gold porphyry/manto project has started with the first drill hole nearing targeted depth, we anticipate the program will be completed by month end. Resguardo is located 75 kilometres NE of the City of Copiapo, Region III Northern Chile. Access to the project is excellent along Highway 31 which serves as the main route to [...]
Orestone Mining Corp. is pleased to announce the following exploration update on the Company's Resguardo copper-gold porphyry/manto project located 75 kilometres NE of the City of Copiapo, Region III Northern Chile. Access is excellent along Highway 31 which is the main route to the La Coipa Mine and the northern Maricunga Gold Belt. The contracting company Araya Hermanos S.A. of Copiapo has mobilized to the Resguardo [...]
Orestone Mining Corp. is pleased to announce that it has signed contracts with Perfo - Chile Ltda., Araya Hermanos S.A. and others to prepare for and carry out a reverse circulation drilling program at the Company's Resguardo copper-gold porphyry/manto project. The Resguardo Project is located 75 kilometres NE of the City of Copiapo, Region III Northern Chile. Access is excellent along Highway 31 which is the main route [...]
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 1,150,000 common shares. The options are exercisable until June 8, 2025 at an exercise price of $0.12 per share. Orestone Mining Corp. is a Canadian based company managed by mining industry professionals. The Company controls a portfolio of [...]
Michael Gentile reports that through the private placement purchase on May 29, 2020 of 3,875,000 units of Orestone Mining Corp. at Cdn $0.08 per Unit for total consideration paid of Cdn $310,000, he has acquired 3,875,000 common shares representing 9.99% of the outstanding Common Shares, and 3,875,000 warrants of Orestone. Each Unit consisted of one Common Share and one Warrant, with each Warrant being exercisable to [...]
Orestone Mining is pleased to announce the completion of its previously announced non-brokered private placement whereby the Company issued a total of 10,625,000 units at a price of $0.08 per Unit for gross proceeds of $850,000. Each Unit consisted of one common share of the Company and one common share purchase warrant. Each Warrant is exercisable for one Common Share at a price of $0.12 until May 29, 2022. If the [...]
Orestone Mining reports that the non-brokered private placement financing announced on February 14, 2020, for $500,000 at $0.10 per Unit has been terminated. The Company is pleased to announce a new non-brokered private placement consisting of up to 10,625,000 units at a price of $0.08 per Unit for aggregate gross proceeds of up to $850,000. Each Unit will consist of one common share of the Company and one common share [...]
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