Orestone Announces Estrella de Oro Exploration Results
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/24/14 -- Orestone Mining Corp. (TSX VENTURE: ORS) ("the Company") provides the following update on the Estrella de Oro project located in Sonora State, Mexico optioned from Kootenay Silver Inc. in January of this year.
Orestone completed an initial soil geochemistry program consisting of a grid covering an area of 500 metres by 700 metres. Results show a gold anomaly approximately 600 meters long by 100 to 150 metres wide that corresponds with previous positive surface sample results.
In August the Company executed a trenching program consisting of 11 trenches of varying lengths totaling approximately 350 metres. The objective of the program was to test targets developed through previous soil geochemistry, geological mapping and surface sample work. Geological mapping and sampling of the trenches shows wide spaced quartz veinlet's in a barren diorite intrusive with no indication of extensive silicification or gold mineralization. The property does not appear to host the potential for a bulk-tonnage gold system in an order of magnitude initially anticipated.
The Company has advised that it will not be proceeding with the option agreement.
Orestone Mining Corp. is a Canadian based company that controls a portfolio of gold and gold-copper exploration projects in British Columbia. For more information please visit .
ON BEHALF OF ORESTONE MINING CORP.
David Hottman, President and CEO
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.
Contacts:
Orestone Mining Corp.
David Hottman
President & CEO
604-629-1929
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Datum: 24.10.2014 - 19:50 Uhr
Sprache: Deutsch
News-ID 346864
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VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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