Orestone Announces Issuance of Shares Under Option Agreement

975 -163 Street Surrey, BC V4A 9T8 Canada

303.378.6498

TSX-V: ORS November 9, 2010

ORESTONE ANNOUNCES ISSUANCE OF SHARES UNDER OPTION AGREEMENT

Vancouver, British Columbia, Orestone Mining Corp. (“Orestone” or the “Company”) announces that it has issued 150,000 shares in connection with its agreement dated November 10, 2009 with Kootenay Gold Inc. whereby the Company has the option to earn 60% of Kootenay’s 100% interest in the Connor Creek gold property (the “Property”) located in the Nelson Mining Division, British Columbia. The shares are subject to a four month hold period expiring on March 10, 2011.

In order to earn its 60% interest, the Company must expend an additional $700,000 on the Property and issue an additional 450,000 shares in the capital of the Company to Kootenay by November 10, 2013.

For further information, please contact Jose Pinedo (President and CEO) at (303) 378-6498 or [email protected].

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.