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Orestone Mining Initiates Captain Property Exploration

Mining News - Published on Wed, 12 Jun 2019

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Orestone Mining Corp announced that exploration has begun on the Company’s Captain Project. A field crew is presently working at the Captain project to spot drill holes on the main Admiral porphyry target area and meet with drilling and other contractors in preparation for the 2019 drill program. At the Max Extension target area prospecting and stream silt sampling will be conducted along a 3000 meter structural trend northwest of sericite altered sediments and felsic intrusive with disseminated chalcopyrite exposed in road cuts.

In addition, meetings will be held with First Nations personnel to discuss Orestone’s planned drill program.

The Captain Project

The 100 percent owned Captain Project hosts a large gold-copper porphyry system located 41 kilometers north of Fort St James, British Columbia and approximately 30 kilometers south of the operating Mt Milligan copper-gold mine. The project features relatively flat terrain, moderate tree cover and an extensive network of logging and Forest Service roads suitable for exploration year around.

The Captain Project hosts several porphyry targets with the most advanced being the Admiral target. The last hole drilled on the Admiral target C13-03, intersected three metres of highly potassic-sericite altered monzonite porphyry which assayed 0.226% copper and 1.90 gram per tonne gold within an otherwise unaltered and un-mineralized post mineral, alkali gabbro dyke.

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Posted By : Rabi Wangkhem on Wed, 12 Jun 2019
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