Orestone Initiates Resguardo Property Exploration
News Release
TSX-V: ORS
2019-07
June 21, 2019
ORESTONE INITIATES RESGUARDO PROPERTY EXPLORATION
Orestone Mining Corp. (TSX Venture Exchange –Symbol: ORS) (Frankfurt: WKN: A2DWW7) (the “Company”) is
pleased to announce that it has initiated exploration on its Resguardo copper -gold Porphyry Project in Northern Chile. The
Resguardo project is located 90 k m NE of the City of Copiapo, Chile , covers 29 square km of mining concessions and can be
explored year around. In 2019 exploration will consist of a program of geophysics followed by drilling.
A geophysical contractor has been mobilized to conduct a 10 line kilometre Induced Polarization/Resistivity geophysic al
survey (IP) at Resguardo. The program will consist of 5 lines of 2 km each designed to better define the presently identified
IP chargeability anomaly and to test for a potential extension to the southwest . The “A” spacing or distance between
measurements of 150 metres will provide clear target definition in preparation for drill hole location.
The present IP chargeability anomaly has been defined by two lines over a 1000 metre strike length and a width of 300-600
metres starting at a depth of 200 metres with values of 15-30 mv/V (millivolt/Volt).
Copper gold mineralization at Resguardo occurs as dissemination’s and fracture coatings within a 50-100 metre wide vertical
fracture zone along a strike length of 1500 metres, open to the southwest. Where favorable flat lying carbonate beds occur ,
copper gold Manto -skarn mineralization is present up to 20 metres in thickness. Historically n ear-surface oxide copper
grading 1% to 7% and approximately 0.50 g/t gold was mined intermittently from pits and tunnel s and sold to ENAMI for
processing. Although sampling is believed to have been competently carried out, it was not certified by a professional
geologist, therefore the results are not 43-101 compliant and cannot be relied upon.
Geologically t he Resguardo project is located in the Middle Tertiary porphyry copper belt which hosts CODELCO’s El
Salvador and Potrerillos mines 80 kilometres to the north. The project is located along the north/south Domeyko Fault
System (West Fissure) which hosts some of the la rgest copper deposits in the world and the confluence of regional fault
systems coming out of the Maricunga Gold Belt which host s numerous multi-million ounce gold and gold -copper deposits
containing up to 25 million ounces of gold.
Additional information will be released as it becomes available.
Mr. Gary Nordin P.Geo, BC has reviewed the technical information contained in this news release and has visited the project.
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Orestone Mining Corp. is a Canadian based company that owns a 100% percent interest in the Captain gold - copper project
located approximately 30 kilometre s south of the Mt. Milligan Mine in British Columbia and has an option to purchase a
100% interest in the Resguardo copper project in Chile. For more information please visit: www.orestone.ca
ON BEHALF OF ORESTONE MINING CORP.
“David Hottman”
CEO
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 news release.