202611 releases
Orestone Advances Exploration at Tom East and Kelly Gold Zones on the Francisca Gold Silver Property in Salta Province Argentina
Follow-up exploration is underway at the Tom East and Kelly gold zones on the 23 square kilometre Francisca Gold-Silver Project in Salta Province, Argentina, ahead of a planned drill program. At Tom East, where hand trenching to 1.3 metres returned 4.45 g/t gold over 21 metres in Trench 6B, a soil sampling program is being run on a 20 by 20 metre grid over a 200 by 200 metre area. Mapping and sampling continue at Kelly, which returned 0.37 g/t gold and 2.15 g/t silver over 50 metres.
Drill resultsOrestone Sampling Confirms Oxide Gold Stockwork Zone and Two New Exciting Exploration Targets at Francisca Gold-Silver Property
Phase I sampling and mapping at the Francisca gold-silver project in Salta Province, Argentina defined a quartz-limonite stockwork at the South Gold Zone over a 400 metre strike length and 30 to 75 metres wide, averaging 1.04 g/t gold and 7.80 g/t silver from 332 samples in 13 trenches, excluding five high-grade vein intervals. Two new targets were identified: the Tom East Zone, where Trench 6B returned 21 metres of 4.45 g/t gold in colluvium, and the Kelly Gold Zone, grading 0.24 to 0.41 g/t gold.
Drill resultsOrestone Completes Airborne Geophysical Survey at Captain Gold Porphyry Project, BC
A MobileMT airborne magnetotelluric survey has been completed over the T-2 conductivity target at the 100 percent owned Captain Gold Porphyry Project in North Central British Columbia. Expert Geophysics Surveys Inc. flew 157 line kilometres over a 26 square kilometre area, comprising 19 east-west lines of seven kilometres each at 200 metre spacing plus four north-south tie lines at 2000 metres, at an estimated cost of $112,000. Results are expected within 30 days.
Drill resultsOrestone Expands Francisca Gold - Silver Project to Twenty-Three Square Kilometres and Acquires Important Geophysical Survey Data
The Francisca Gold-Silver Project in Salta Province, Argentina, now covers 23 square kilometres following acquisition of the 14.40-square-kilometre Francisca II concession for US$104,000 after it was declared available for staking by the Mining Court of the Province of Salta. Orestone also purchased historic 1999 Quantec IP, resistivity and magnetic survey data covering a 1,700 by 500-700 metre chargeability trend. Trench results include 23.47 metres at 4.71 g/t gold and 28.54 g/t silver in T8, with 675 samples pending.
Drill resultsOrestone Mining Corp. Live Investor Webinar With Presentation And Audience Q&A
A live investor webinar hosted by Radius Research will be held Thursday, June 4th at 2 PM ET / 11 AM PT, featuring a presentation by CEO David Hottman, audience Q&A and interview, with a recording available afterward. Hottman will review the company's portfolio and exploration plans, including the Francisca Gold Project in Salta, Argentina, where the near-term objective is to define an open-pit mineable oxide gold deposit, and the 100 percent owned Captain Gold-Copper Project in British Columbia, permitted for 79 drill locations.
CorporateOrestone Reports First Gold Assays From Francisca Surface Exploration Program
Initial assays from the Phase I surface program at the Francisca Gold Project in Salta Province, Argentina, returned 23.47 metres of 4.71 g/t gold and 28.54 g/t silver in trench T8, including 6.26 metres of 12.31 g/t gold and 92.40 g/t silver, plus 11.72 metres of 1.95 g/t gold. Trench T7 returned 36.97 metres of 0.78 g/t gold and 11.72 metres of 0.58 g/t gold. Results are being compiled ahead of a Phase I drill program.
Drill resultsOrestone Adopts Semi-Annual Financial Reporting
Orestone Mining Corp. has elected to rely on Coordinated Blanket Order 51-933 and move from quarterly to semi-annual financial reporting. The Company, whose fiscal year ends January 31, will not file interim reports or MD&A for the first quarter ending April 30 or the third quarter ending October 31, and will continue filing audited annual statements within 120 days of January 31 and six-month interim reports within 60 days of July 31. Orestone confirms it meets the pilot program's eligibility criteria.
CorporatePhase One Exploration Complete At Francisca Gold Project Salta Province Argentina
Phase I exploration is complete at the Francisca Gold Project in Salta Province, Argentina, where mapping outlined an oxide gold stockwork trend over a 1,100 metre northwest strike length, with the South zone 40-70 metres wide over 400-500 metres and three North zone bodies averaging 40-50 metres wide over 100-150 metres each. A total of 675 rock chip samples were sent to Alex Stewart International Argentina for fire assay and 39-element ICP analysis. Orestone can earn up to 85% for US$4,200,000 over seven years.
Drill resultsORESTONE MINING GRANTS STOCK OPTIONS
Incentive stock options to purchase an aggregate of 3,935,000 common shares have been granted, subject to regulatory approval, to officers, directors, advisors and consultants of Orestone Mining Corp. The options are exercisable at $0.15 per common share for five years from the grant date, expiring February 9, 2031. Vesting is 25 per cent on the date of grant and an additional 25 per cent on each of the three-, six- and nine-month anniversaries, under the stock option plan approved by shareholders on December 11, 2025.
CorporateOrestone Initiates Exploration On Francisca Gold Project In Salta Province Argentina
A Phase I exploration program has begun at the Francisca Gold Project in Salta Province, Argentina, comprising detailed mapping and 600 rock chip, channel and grab samples over a 200x500 metre grid covering the South gold zone, including resampling of 11 existing trenches along its 500 metre strike. Results will guide a planned Phase II program of 1,500 metres of reverse circulation drilling in 10 holes spaced 40 to 80 metres, with some holes testing a deeper porphyry target. Orestone can earn up to 85% of Francisca for cash and exploration spending totaling US$4,200,000 over seven years.
Drill resultsOrestone To Exhibit At The Vancouver Resource Investment Conference January 25th And 26th, 2026
Orestone Mining will exhibit at Booth 912 at the Vancouver Resource Investment Conference in Vancouver, BC on January 25th and 26th, 2026, with CEO David Hottman presenting in Workshop 1 at 2:40 pm on January 26th. Discussions will cover the Francisca gold-silver porphyry project in Salta, Argentina and the Captain gold-copper porphyry project in BC. At Francisca, mapping has outlined an oxide gold stockwork trend over 1,100 metres of northwest strike length above an IP anomaly of approximately 400x500 metres.
Corporate
202513 releases
Orestone Closes $2.24 Million Non-Brokered Private Placement Including Participation of Crescat Capital LLC
A non-brokered private placement of 28,000,000 units at $0.08 per unit closed for gross proceeds of $2,240,000, with each unit comprising one common share and one warrant exercisable at $0.16 until December 16, 2026. Crescat Capital LLC subscribed for 3,094,461 units for $247,556.88, and insiders acquired 5,550,000 units; finders' fees of $14,070 were paid and final TSX Venture Exchange approval is pending. Proceeds will fund the Francisca property in Salta, Argentina, the Captain property in British Columbia, and working capital.
FinancingOrestone Increases Non-Brokered Private Placement to $2,200,000 Million
The non-brokered private placement announced October 10, 2025 has been increased by $200,000 to total aggregate proceeds of $2,200,000, consisting of up to 27,500,000 units at $0.08 per unit. Each unit includes one common share and one warrant exercisable at $0.16 for one year from issuance. Closing is expected on or about November 7, 2025, subject to TSX Venture Exchange conditional approval, with a four month and one day hold period.
FinancingOrestone Announces Strategic Shareholder Crescat Capital LLC Participation in Private Placement
Crescat Capital LLC has confirmed participation in Orestone Mining's non-brokered private placement unit financing of up to $2,000,000, first announced October 10, 2025. As a lead order, Crescat will subscribe for 2,910,000 Units for gross proceeds of $232,800, maintaining its 11.64% ownership of the Company, subscribing through Crescat Portfolio Management LLC on behalf of its five Pooled Investment Funds. Orestone's projects include Francisca in Salta, Argentina and the Captain gold-copper project in BC.
FinancingOrestone Announces $2,000,000 Non-Brokered Private Placement
A non-brokered private placement of up to 25,000,000 units at $0.08 per unit for gross proceeds of up to $2,000,000 has been launched, with each unit comprising one common share and one warrant exercisable at $0.16 for one year. Closing is set for on or about October 30, 2025, subject to TSX Venture Exchange conditional approval, with a 7% cash finder's fee payable to certain arm's length finders. Proceeds will fund the Francisca property in Salta Province, Argentina, the Captain property in British Columbia, and working capital. Insiders are expected to participate.
FinancingOrestone Expands Francisca Gold - Silver Project to Nine Square Kilometres in Salta Argentina
Approximately two additional square kilometres of contiguous land have been added to the optioned Francisca gold-silver property in Salta Province, Argentina, about 80 kilometres northwest of Salta, bringing it to nine square kilometres; the amending agreement with the Argentinian vendors required a US$10,300 payment (paid), with the property held under a February 11, 2025 option for up to 85% for US$4,200,000 in cash and exploration spending over seven years. Planned work includes Phase 1 mapping and about 580 rock chip samples from 11 trenches, followed by 8 reverse circulation holes totalling 1,200 metres to 150 metres depth in the South Zone.
CorporateOrestone Mining Corporate Update
A Phase I exploration program is being prepared for the third quarter of 2025 at the optioned Francisca gold-silver project in Salta, Argentina, consisting of detailed mapping and up to 600 rock and trench samples. An amended Notice of Work permit has been filed for 23 additional drill locations at the Captain gold-copper porphyry project in north central British Columbia, targeting the T2 area, with drilling anticipated in the first quarter of 2026. During the second quarter of 2025 the company completed a $600,000 non-brokered private placement and issued $180,000 of shares for debt, adding Crescat Capital LLC as a shareholder.
Corporate2025-07 ORESTONE MINING GRANTS STOCK OPTIONS
Incentive stock options to purchase an aggregate of 4,725,000 common shares have been granted, subject to regulatory approval, to officers, directors, advisors and consultants of Orestone Mining Corp. The options are exercisable at $0.10 per common share for five years from the date of grant, expiring June 30, 2030. Vesting is 25 per cent on the grant date and an additional 25 per cent at each of the three, six and nine-month anniversaries.
CorporateOrestone Closes $600,000 Non-Brokered Private Placement And Shares-For-Debt Settlement; Crescat Capital Llc Becomes Strategic Shareholder
A non-brokered private placement of 13,333,333 units at $0.045 per unit closed for gross proceeds of $599,999.98, each unit comprising one common share and one warrant exercisable at $0.08 until June 13, 2027, with finders' fees of $7,087.50 paid. Crescat Capital LLC subscribed for 8,728,328 units for $392,774.76. The Company also issued 3,999,998 shares at $0.045 to settle $180,000 owed to officers, directors and service providers. Roughly 40% of net proceeds is allocated to the Francisca property in Salta Province, Argentina.
FinancingOrestone Announces Update Regarding Previously Announced Non-Brokered Private Placement
The non-brokered private placement announced April 24, 2025, of up to 13,333,333 units at $0.045 per unit for gross proceeds of up to $600,000 is now expected to close on or about May 28, 2025, subject to TSX Venture Exchange conditional approval. Net proceeds are allocated approximately 40% to the Francisca property in Salta Province, Argentina, 17% to debts owing to certain non-arm's length parties, and 43% to general administrative expenses and working capital.
FinancingOrestone Announces $600,000 Non-Brokered Private Placement and Shares-for-Debt Settlement; Crescat Capital LLC Becomes Strategic Shareholder
A non-brokered private placement of up to 13,333,333 units at $0.045 per unit for gross proceeds of up to $600,000 has been launched, each unit comprising one share and one two-year warrant exercisable at $0.08, with closing expected on or about May 9, 2025. Crescat Capital LLC will subscribe for 8,728,328 units for $392,774.76. Proceeds will fund the Francisca property in Salta Province, Argentina, and working capital. Orestone will also settle $180,000 of debt by issuing 4,000,000 shares at $0.045.
FinancingOrestone Completes Sampling Program on Francisca Gold Project
A 38-sample check sampling program has been completed at the Francisca gold property in Salta Province, Argentina, about 80 kilometres northwest of Salta, with 20 samples on the South zone and 18 on the North zone and other areas. 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 (cut to 10 g/t gold and 60 g/t silver), with 11 exceeding 6.0 g/t gold. North zone values ranged from 0.01 to 21.7 g/t gold.
Drill resultsOrestone Prepares For Air Mt Survey At Captain Gold Porphyry Project, BC
An airborne MagnetoTelluric (AirMT) survey is planned over the T-2 conductivity target at the 100 percent owned Captain Gold Porphyry Project in North Central BC, 40 kilometres north of Fort St. James, ahead of the next drill program. The survey is initially designed as 18 lines of 7.2 kilometres each, totalling 157 line kilometres, with completion expected in summer 2025. Contractor quotes are being obtained and survey parameters refined.
Drill resultsOrestone Acquires Large Oxide Gold Stock-Work System In Salta Province, Argentina
An option agreement has been signed to earn up to an 85% interest in the seven square kilometre Francisca property in Salta Province, Argentina, about 80 km northwest of Salta, for cash payments and exploration expenditures totaling US$4,200,000 over seven years. Mapping has outlined an oxide gold stock-work trend over 1,100 metres of northwest strike with two zones each 400–450 metres long and 50–100 metres wide. Historic trench results include 52 metres grading 3.65 g/t gold and 17.88 g/t silver.
Acquisition
20244 releases
Orestone Las Burras Project Overview And Exploration Plans
An airborne magnetotelluric survey covering 18 square kilometres is planned over the Las Burras and Incahuasi porphyry copper-gold-molybdenum systems in Salta Province, Argentina, about 100 kilometres northwest of Salta City, with contractors contacted and quotations and scheduling under discussion. Earlier drilling intersected anomalous copper-gold-molybdenum over intervals up to 300 metres, assaying 0.10 to 0.40 per cent copper and 0.01 ppm gold, with no follow-up testing. Orestone can earn up to 75 per cent of the 56.8 square kilometre property.
NewsOrestone Options Copper Gold Porphyry Systems In Argentina
An option agreement signed with Cascadero Minerals Corporation gives Orestone the right to earn up to 75% of the 56.8 square kilometre Las Burras-Incahuasi copper-gold-molybdenum porphyry property in Salta Province, Argentina, about 100 kilometres northwest of Salta City. Option A covers a 51% interest over three years for US$100,000 in cash payments and US$1,900,000 in expenditures, with a further 24% available by spending US$3,000,000 over two years. Prior hole LB-3 intersected 256 metres grading 0.23% copper, 0.060 ppm gold and 0.019% molybdenum, including 112 metres at 0.42% copper.
AcquisitionOrestone Closes Financing
A non-brokered private placement announced April 11, 2024 has closed, with 5,000,000 common shares issued at $0.03 per share for gross proceeds of $150,000. Proceeds will cover $45,000 to DeVisser Gray LLP for audit and tax services, $25,000 to non-arm's length party Pacific Opportunity Capital for office rent and accounting, and general working capital. Finders' fees of $5,130 were paid; shares are subject to a hold period expiring September 16, 2024, and insiders acquired 1,450,000 shares.
FinancingOrestone Announces Project Review And Financing
A non-brokered private placement of up to 5,000,000 common shares at $0.03 per share for gross proceeds of up to $150,000 is planned to close on or about April 30, 2024, subject to TSX Venture Exchange conditional approval, with a finder's fee of up to 6% payable in cash. Proceeds will cover $45,000 to DeVisser Gray LLP for audit and tax services, $25,000 to Pacific Opportunity Capital for office rent and accounting, and general working capital. Insiders may participate. Orestone has spent six months reviewing gold, silver and copper projects in British Columbia, Nevada, Chile and Argentina.
Financing