Orestone Mining Corporate Update
Orestone Mining (OTC:ORESF) provided a corporate update highlighting exploration activities and financial developments. The company is preparing for a Phase I exploration program at the Francisca Gold-Silver Project in Argentina, which will include detailed mapping and up to 600 rock and trench samples. At the Captain Gold Porphyry Project in British Columbia, Orestone filed an amended permit for 23 additional drill locations, with drilling expected in Q1 2026.
On the financial front, Orestone completed a $600,000 non-brokered private placement and issued shares for debt worth $180,000 in Q2 2025. The company also welcomed Crescat Capital LLC as a new strategic investor through its five pooled investment funds.
Orestone Mining (OTC:ORESF) ha fornito un aggiornamento aziendale evidenziando le attività di esplorazione e gli sviluppi finanziari. La società si sta preparando per un programma di esplorazione Fase I presso il progetto aurifero e argentifero Francisca in Argentina, che includerà una mappatura dettagliata e fino a 600 campioni di roccia e trincee. Al progetto Captain Gold Porphyry in British Columbia, Orestone ha presentato una richiesta di permesso modificata per 23 ulteriori siti di perforazione, con perforazioni previste nel primo trimestre del 2026.
Sul fronte finanziario, Orestone ha completato un private placement non intermediato da 600.000 dollari e ha emesso azioni per un debito di 180.000 dollari nel secondo trimestre del 2025. La società ha inoltre accolto Crescat Capital LLC come nuovo investitore strategico attraverso i suoi cinque fondi di investimento aggregati.
Orestone Mining (OTC:ORESF) proporcionó una actualización corporativa destacando las actividades de exploración y desarrollos financieros. La compañÃa se está preparando para un programa de exploración Fase I en el Proyecto de Oro y Plata Francisca en Argentina, que incluirá un mapeo detallado y hasta 600 muestras de roca y trincheras. En el Proyecto Captain Gold Porphyry en Columbia Británica, Orestone presentó un permiso enmendado para 23 ubicaciones adicionales de perforación, con perforaciones previstas para el primer trimestre de 2026.
En el ámbito financiero, Orestone completó una colocación privada sin intermediarios de 600,000 dólares y emitió acciones para deuda por valor de 180,000 dólares en el segundo trimestre de 2025. La compañÃa también dio la bienvenida a Crescat Capital LLC como nuevo inversor estratégico a través de sus cinco fondos de inversión agrupados.
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재무 측면ì—서 Orestoneì€ ì¤‘ê°œì� ì—†ì´ ì§„í–‰ë� 60ë§� 달러 규모ì� 사모 투ìžë¥� 완료했으ë©�, 2025ë…� 2분기ì—� 18ë§� 달러 ìƒë‹¹ì� ë¶€ì±� ìƒí™˜ì� 위해 주ì‹ì� 발행했습니다. ë˜í•œ Crescat Capital LLCë¥� 다섯 ê°œì˜ í†µí•© íˆ¬ìž íŽ€ë“œë¥¼ 통해 새로ìš� ì „ëžµì � 투ìžìžë¡œ ë§žì´í–ˆìŠµë‹ˆë‹¤.
Orestone Mining (OTC:ORESF) a fourni une mise à jour d'entreprise mettant en avant les activités d'exploration et les développements financiers. La société se prépare à un programme d'exploration Phase I sur le projet aurifère et argentifère Francisca en Argentine, qui comprendra une cartographie détaillée et jusqu'à 600 échantillons de roche et de tranchées. Sur le projet Captain Gold Porphyry en Colombie-Britannique, Orestone a déposé un permis modifié pour 23 emplacements de forage supplémentaires, avec des forages prévus au premier trimestre 2026.
Sur le plan financier, Orestone a réalisé un placement privé sans intermédiaire de 600 000 dollars et a émis des actions pour une dette de 180 000 dollars au deuxième trimestre 2025. La société a également accueilli Crescat Capital LLC en tant que nouvel investisseur stratégique via ses cinq fonds d'investissement regroupés.
Orestone Mining (OTC:ORESF) gab ein Unternehmensupdate bekannt, das Explorationsaktivitäten und finanzielle Entwicklungen hervorhebt. Das Unternehmen bereitet ein Phase-I-Explorationsprogramm beim Francisca Gold-Silver-Projekt in Argentinien vor, das eine detaillierte Kartierung und bis zu 600 Gesteins- und Grabenproben umfasst. Beim Captain Gold Porphyry Projekt in British Columbia reichte Orestone eine geänderte Genehmigung für 23 zusätzliche Bohrstandorte ein, wobei die Bohrungen im ersten Quartal 2026 erwartet werden.
Finanziell hat Orestone eine nicht vermittelte Privatplatzierung in Höhe von 600.000 US-Dollar abgeschlossen und im zweiten Quartal 2025 Aktien zur Begleichung von Schulden im Wert von 180.000 US-Dollar ausgegeben. Das Unternehmen begrüßte zudem Crescat Capital LLC als neuen strategischen Investor durch seine fünf zusammengefassten Investmentfonds.
- Secured $600,000 through non-brokered private placement
- Strategic investment from Crescat Capital LLC
- Expansion of drilling program with 23 new locations at Captain Project
- Debt reduction of $180,000 through share issuance
- Drilling at Captain Project delayed until Q1 2026
- Additional capital may be needed for exploration programs
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2025) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: O2R2) ("the Company") is pleased to provide an update of corporate activities and an overview of exploration activities on the Company's gold, silver and copper properties.
Francisca Gold-Silver Project, Salta, Argentina
Orestone signed an Option Agreement covering the Francisca property during the first quarter of 2025. We are preparing to initiate a Phase I exploration program in the third quarter of 2025 with the advancement of various administrative and logistical tasks. The Phase I program will consist of detailed mapping and up to 600 rock and trench samples to better define the surface extent of widespread oxide gold-silver mineralization prior to drilling. Please for additional information.
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Captain Gold Porphyry Project, Central British Columbia
Orestone has filed an amended Notice of Work (NOW) permit for an additional 23 drill locations at the Captain gold-copper porphyry property located in north central British Columbia. The drill locations are on existing logging roads focused on the T2 target area which is a large, although not fully defined target lying to the south of the primary T1 target along the same structural corridor. Drilling is anticipated in the first quarter of 2026. Please for additional information.
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Corporate
During the second quarter of 2025 Oresone completed both a
About Orestone
Orestone Mining Corp. is a Canadian based company listed for trading on the TSX Venture Exchange. The Board of Directors and management team have experience in all aspects of the mining business having been involved in numerous corporate and project level successes. Orestone's property portfolio includes exposure to gold, silver and copper on projects located in Canada and Argentina. Our near term objective on the Francisca property, located in Salta, Argentina is to define an oxide gold deposit mineable by open pit methods. The Company's 100 percent owned Captain gold-copper project, located in BC hosts a large gold dominate porphyry system that is permitted and drill ready. The projects are road accessible and suitable for exploration year-round. For more information please visit: .
ON BEHALF OF ORESTONE MINING CORP.
David Hottman
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.
For further information contact: David Hottman at 604-629-1929 [email protected].
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