Orestone Completes Sampling Program on Francisca Gold Project
Orestone Mining Corp (TSXV: ORS) (OTC: ORESF) has completed a sampling program at its Francisca gold property in Salta Province, Argentina. The program yielded significant results, particularly in the South gold zone, where 11 out of 20 samples exceeded 6.0 g/t gold. The South zone, characterized by strongly altered quartz stockwork, extends over 500 meters in length and 50-100 meters in width.
The 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. The North zone, featuring a quartz manganese stockwork, showed values from 0.01 to 21.7 g/t gold, averaging 0.38 g/t gold excluding two high-grade samples of 9.4 and 21.7 g/t gold.
The company aims to define an oxide gold deposit suitable for open-pit mining and heap leach gold recovery methods. The mineralized trend extends over 1100 meters and is associated with quartz feldspar porphyry intrusive dykes and intense sericite alteration.
Orestone Mining Corp (TSXV: ORS) (OTC: ORESF) ha completato un programma di campionamento presso la sua proprietà aurifera Francisca nella provincia di Salta, Argentina. Il programma ha prodotto risultati significativi, in particolare nella zona sud, dove 11 dei 20 campioni hanno superato i 6.0 g/t di oro. La zona sud, caratterizzata da un forte alterazione del stockwork di quarzo, si estende per oltre 500 metri di lunghezza e 50-100 metri di larghezza.
I campioni della zona sud variavano da 0.03 a 33 g/t di oro e da 2.0 a 160 g/t di argento, con una media di 5.78 g/t di oro e 29.2 g/t di argento. La zona nord, caratterizzata da un stockwork di quarzo manganese, ha mostrato valori da 0.01 a 21.7 g/t di oro, con una media di 0.38 g/t di oro escludendo due campioni ad alta gradazione di 9.4 e 21.7 g/t di oro.
La compagnia mira a definire un deposito di oro ossidato adatto per l'estrazione a cielo aperto e i metodi di recupero dell'oro per percolazione. La tendenza mineralizzata si estende per oltre 1100 metri ed è associata a dykes intrusivi di porfido quarzo feldspato e intensa alterazione da sericite.
Orestone Mining Corp (TSXV: ORS) (OTC: ORESF) ha completado un programa de muestreo en su propiedad de oro Francisca en la provincia de Salta, Argentina. El programa arrojó resultados significativos, especialmente en la zona sur, donde 11 de 20 muestras superaron los 6.0 g/t de oro. La zona sur, caracterizada por un stockwork de cuarzo fuertemente alterado, se extiende por más de 500 metros de longitud y 50-100 metros de ancho.
Las muestras de la zona sur variaron de 0.03 a 33 g/t de oro y de 2.0 a 160 g/t de plata, con un promedio de 5.78 g/t de oro y 29.2 g/t de plata. La zona norte, que presenta un stockwork de cuarzo manganeso, mostró valores de 0.01 a 21.7 g/t de oro, con un promedio de 0.38 g/t de oro excluyendo dos muestras de alta ley de 9.4 y 21.7 g/t de oro.
La empresa tiene como objetivo definir un depósito de oro oxidado adecuado para la minería a cielo abierto y los métodos de recuperación de oro por lixiviación. La tendencia mineralizada se extiende por más de 1100 metros y está asociada con diques intrusivos de porfido de cuarzo feldespato y una intensa alteración de sericita.
Orestone Mining Corp (TSXV: ORS) (OTC: ORESF)는 아르헨티나 살타 주에 위치한 프란시스카 금속성에서 샘플링 프로그램을 완료했습니다. 이 프로그램은 특히 남부 금 구역에서 20개 샘플 중 11개가 6.0 g/t 금을 초과하는 중요한 결과를 도출했습니다. 남부 구역은 강하게 변형된 석영 스톡워크로 특징지어지며, 길이는 500미터 이상, 너비는 50-100미터에 달합니다.
남부 구역 샘플은 0.03에서 33 g/t 금, 2.0에서 160 g/t 은의 범위를 보였으며, 평균은 5.78 g/t 금과 29.2 g/t 은이었습니다. 북부 구역은 석영 망간 스톡워크를 특징으로 하며, 0.01에서 21.7 g/t 금의 값을 보여주었고, 9.4와 21.7 g/t 금의 두 개의 고급 샘플을 제외하면 평균 0.38 g/t 금이었습니다.
회사는 노천 채굴 및 힙 리치 금 회수 방법에 적합한 산화 금 매장량을 정의하는 것을 목표로 하고 있습니다. 광물화 경향은 1100미터 이상에 걸쳐 있으며, 석영 장석 포르피리 침입 다이크 및 강한 세리사이트 변형과 연관되어 있습니다.
Orestone Mining Corp (TSXV: ORS) (OTC: ORESF) a achevé un programme d'échantillonnage sur sa propriété aurifère Francisca dans la province de Salta, en Argentine. Le programme a donné des résultats significatifs, notamment dans la zone sud, où 11 des 20 échantillons ont dépassé 6,0 g/t d'or. La zone sud, caractérisée par un stockwork de quartz fortement altéré, s'étend sur plus de 500 mètres de longueur et 50-100 mètres de largeur.
Les échantillons de la zone sud variaient de 0,03 à 33 g/t d'or et de 2,0 à 160 g/t d'argent, avec une moyenne de 5,78 g/t d'or et 29,2 g/t d'argent. La zone nord, présentant un stockwork de quartz manganèse, a montré des valeurs de 0,01 à 21,7 g/t d'or, avec une moyenne de 0,38 g/t d'or, en excluant deux échantillons de haute teneur de 9,4 et 21,7 g/t d'or.
L'entreprise vise à définir un dépôt d'or oxydé adapté à l'exploitation à ciel ouvert et aux méthodes de récupération de l'or par lixiviation. La tendance minéralisée s'étend sur plus de 1100 mètres et est associée à des dykes intrusifs de porphyre de quartz-feldspath et à une altération intense de séricite.
Orestone Mining Corp (TSXV: ORS) (OTC: ORESF) hat ein Probenahmeprogramm auf seinem Francisca-Goldgrundstück in der Provinz Salta, Argentinien, abgeschlossen. Das Programm lieferte bedeutende Ergebnisse, insbesondere in der Südzone, wo 11 von 20 Proben über 6,0 g/t Gold lagen. Die Südzone, die durch stark veränderten Quarzstockwerk gekennzeichnet ist, erstreckt sich über 500 Meter in der Länge und 50-100 Meter in der Breite.
Die Proben der Südzone reichten von 0,03 bis 33 g/t Gold und von 2,0 bis 160 g/t Silber, mit einem Durchschnitt von 5,78 g/t Gold und 29,2 g/t Silber. Die Nordzone, die ein Quarz-Mangan-Stockwerk aufweist, zeigte Werte von 0,01 bis 21,7 g/t Gold, mit einem Durchschnitt von 0,38 g/t Gold, ohne zwei hochgradige Proben von 9,4 und 21,7 g/t Gold.
Das Unternehmen hat das Ziel, ein oxidisches Goldlager zu definieren, das für den Tagebau und die Methoden zur Goldgewinnung durch Heap-Leaching geeignet ist. Der mineralisierte Trend erstreckt sich über 1100 Meter und ist mit Quarzfeldspat-Porphyr-intrusiven Gängen und intensiver Serizitveränderung assoziiert.
- High-grade gold results with 11 of 20 samples exceeding 6.0 g/t gold in South zone
- Significant average grades: 5.78 g/t gold and 29.2 g/t silver in South zone
- Large mineralization trend extending over 1100 meters
- Project suitable for potential low-cost heap leach recovery methods
- Historic data is non-43-101 compliant
- No meaningful work conducted on the property for almost 20 years
- Detailed historic assay data from trenches and drilling unavailable
11 of 20 Samples on the South Zone Assay Greater than 6.0 g/t Gold
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2025) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: O2R2) ("the Company") is pleased to announce that it has completed a program of sampling on its Francisca property located in Salta Province, northwestern Argentina approximately 80 kilometres northwest of the city of Salta. Orestone is targeting an oxide gold deposit mineable by open pit methods and amenable to heap leach gold recovery.
A total of 38 check samples were taken; 20 samples on the South gold zone and 18 on the North gold zone and other areas. The South gold zone is a strongly altered quartz stockwork outlined over a strike length of 500 metres and width of 50 - 100 metres. Of the 20 samples taken on the South zone 11 were greater than 6.0 g/t gold and 8 samples assayed between 0.36 and 4.5 g/t gold. 13 samples were taken on the North gold zone, a quartz manganese stockwork zone, values are from 0.01 to 21.7 g/t gold averaging 0.38 g/t gold excluding two high grade samples of 9.4 and 21.7 g/t gold.
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The sampling confirms the high-grade nature of the South gold zone with 20 samples ranging in value 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 (gold grades cut to 10 g/t and silver grades cut to 60 g/t) (for larger map click here).
David Hottman, Orestone's CEO, stated: "The Francisca property covers a robust gold system discovered during a period of historically very low gold prices, which has seen no meaningful work conducted on it for almost 20 years. Results of the current sampling program correlates well with data from the historic work. Our goal is to define an oxide gold deposit that can be mined by open pit and would be amenable to low-cost heap leach gold recovery methods. Additional information regarding exploration plans will be released in the near future."
Previous sampling over the South zone noted in historic summary reports averaged, 5.69 g/t gold from 46 samples (high grade results cut to 10 g/t gold). Of these, 28 samples ranged from 3.0 to 109 g/t gold and 13 samples graded from 0.11 to 2.19 g/t gold. Orestone does not have the detailed assay data of the historic trenches or drilling as only summary data and maps of the higher-grade intervals encountered are available. The observations of gold assay values in the trenches are non 43-101 compliant due to their historic nature but the detailed geological mapping and exploration programs were done by competent professional geologists and indicate the presence of a significant, disseminated gold stock-work system that was only poorly tested by diamond core drilling.
Geologic mapping has outlined an oxide gold stock-work mineralized trend over a northwest strike length of 1100 metres outcropping on the crest of a moderate relief hill. The zones are surrounded by a 500 to 1000 metre wide area of strongly hornfels altered sediments and underlain by a large IP changeability anomaly indicating potential for a larger intrusive body at depth. The oxide gold quartz limonite stock-work trend is associated with quartz feldspar porphyry intrusive dykes and intense sericite alteration along NW trending faults.
Gary Nordin, P.Geo, a Director of the Company, is a qualified person as defined by National Instrument 43-101. Mr. Nordin has reviewed and approved the technical information in this press release.
Orestone Mining Corp. is a mineral exploration company headquartered in Vancouver, British Columbia. The Company's property portfolio includes exploration exposure to gold, silver and copper in Canada and Argentina. Orestone's near term objective on the Francisca gold property is to define an oxide gold deposit mineable by open pit methods using low-cost heap leach gold recovery. The Company's primary asset continues to be the 100 percent owned Captain gold-copper project in North Central BC which hosts a large gold dominate porphyry system; permitted and drill ready. The optioned Las Burras property provides large scale copper exposure to the Company. All three projects are road accessible and suitable for year-round exploration. For more information, please visit Orestone's website at: www.orestone.ca
ON BEHALF OF ORESTONE MINING CORP.
David Hottman
CEO
For further information contact: David Hottman at 604-629-1929 info@orestone.ca
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.
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FAQ
What were the key findings from Orestone's (ORESF) Francisca gold project sampling program?
What is the size and characteristics of the South gold zone at ORESF's Francisca project?
How do the March 2025 sampling results compare to historical data at ORESF's Francisca property?
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