Published: November 19, 2012
Press Release
Orestone Begins Drilling on Captain Copper-Gold Porphyry Project
Orestone Mining Corp. (TSX VENTURE:ORS) is pleased to announce that the Company has commenced a core drilling program on the 100% owned Captain Project. As of this date the first drill hole in this program, four hundred meters to the east of the discovery hole C11-01, is well advanced and is intersecting sulfide-bearing material in altered volcanic rocks.
The drill program, budgeted at $325,000, will consist of 1,000 meters of core drilling in three holes on the target area known as the "East Target". Drill holes in the current program will be spaced approximately 400 meters east, southeast and northeast of C11-01.
Previous drilling in the East Target Area intercepted gold-copper similar in grade to that of the Mt. Milligan deposit: drill hole C11-01 intercepted 87 metres grading 0.23 g/t gold and 0.03 % copper; including 43 metres grading 0.298 g/t gold and 0.09 % copper; as well as 16 metres grading 0.434 g/t gold and 0.133% copper (See Company news release dated February 23, 2012).
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Orestone Begins Drilling on Captain Copper-Gold Porphyry Project,
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