orestone corporate-presentation
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TSX.V:ORS
A Results Focused
Gold-Copper Company
September 2012
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FORWARD LOOKING STATEMENTS
This presentation contains certain forward looking statements that are based on assumptions made
by management based on the information currently available to us. These statements include, but
are not limited to, statements about our development plans, objectives, and expectations. The
forward looking statements provided in this presentation reflect our current views with respect to
future events, are not guarantees of future performance or production, involve risks and
uncertainties that are difficult to predict and may be based upon assumptions as to future events
that may prove to be inaccurate.
It is important to realize that many factors could cause our actual results, performance or
achievements to be materially different from any future results, performance or achievements that
may be expressed or implied in this presentation. These factors include, but are not limited to,
levels of actual grades of ores found on Orestone properties and activities by governmental
authorities.
The forward looking statements contained in this presentation are made as of the date hereof and
Orestone undertakes no obligations to update publicly or revise any forward looking statements or
information, whether as a result of new information, future events or otherwise, unless so required
by applicable securities laws.
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The Company is professionally managed
Focus project – Captain is 100% owned (BC Canada)
The Captain East target is large measuring 1,000 by 5,000 meters
The “discovery hole” compares favorably to Mt. Milligan 30km north:
Mt. Milligan ore grade (532 Mt): 0.38 g/t gold and 0.20% copper
Captain discovery hole 43m: 0.29 g/t gold and 0.09% copper
Including 16m: 0.43 g/t gold and 0.13% copper.
Conclusion – Captain is a large, early stage copper/gold discovery.
Two other targets remain untested - 30 locations permitted for drilling.
ORESTONE - SUMMARY
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SHARE STRUCTURE
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Shares Issued & Outstanding 16,397,328
Warrants (Nov 2012 @ $0.80) 920,625
Warrants (Jul 2013 @ $0.40) 1,225,000
Options (Average Price $0.48) 725,000
Fully Diluted Shares* 19,268,453
Held by Insiders (Fully Diluted): ~28%
*Cash from option & warrant ex $1.6 million
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David Hottman, Director, President & C.E.O - 25 years experience in corporate finance and management of resource companies. A founder of Portal Resources, Eldorado Gold (TSX, NYSE) and Nevada Pacific Gold acquired by McEwen Mining (NYSE) in 2007.
Gary Nordin, B.Sc (Geol. Hons), Director, VP Exp - A leading exploration geologist with a proven track record of identifying and developing important resource projects. Founding team member of Eldorado Gold (TSX, NYSE) and Bema Gold which was acquired by Kinross.
Erika Vargas, MBA, CFO - Ms. Vargas has been the Senior Accountant for Galileo Petroleum since 2008. Previously Ms. Vargas worked as a Controller for Scovill Fasteners Mexico, a manufacturing company with global operations.
John Holmlund, Director - 30 years as successful entrepreneur and businessman. Founder and CEO of Focus Corporation, a successful geomatics consulting and oilfield services firm.
Gordon Richards, Director - 40 years geological experience in Canada and internationally, including Cominco, Giant Yellowknife, Asarco and Atlas.
Bob Wasylyshyn, B.Sc (Geol), Director - 30 years of industry experience in North and South America as well as Europe. He has managed activities from grass-roots exploration discoveries through to the successful re-start and operation of the Bjorkdal gold mine in Sweden. Most recently he served as the President and COO of Gold-Ore Resources.
Doug Willock, MBA, Director - 30 years experience in corporate finance with leading Canadian and international investment banks, as well as managing junior resource companies. Most recently he served as President and CEO of Polar Star Mining.
DIRECTORS AND MANAGEMENT
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Robert Pease, B.Sc., P.Geo, Advisor to the Board – Mr. Pease was previously the founder, CEO and a Director of Terrane Metals Corp., which owned the Mt. Milligan project until it was acquired for $700 million in 2010 by Thompson Creek Metals. He is also a former Director and Strategic Advisor to Richfield Ventures Corp., a junior gold mining company in British Columbia which was acquired earlier his year by New Gold Inc. through a plan of arrangement valued at approximately $550 million. Previously, he was employed by Placer Dome for twenty five years, most recently as General Manager, Canada Exploration and Global Major Projects.
ADVISORY BOARD
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SUMMARY
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A seasoned and committed team
A gold and copper explorer in BC,
Canada
4 projects cover 700 square Km
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CAPTAIN PROPERTY - OUR FLAGSHIP PROJECT
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The 100% owned Captain Property covers 417 square kilometers bordered by Thompson
Creek Metals, Xstrata and Goldfields. The property hosts a large copper/gold porphyry
system 30 km south of the Mt. Milligan Mine along the same NW Structural Trends.
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CAPTAIN TARGET – REGIONAL STRUCTURE
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CAPTAIN TARGET – TOPOGRAPHY
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7 by 7 kilometers, mild topography dissected by numerous logging and Forest Service Roads.
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The primary goal for 2011 was to establish the existence
of a large mineralized copper/gold porphyry system.
2011 expenditures totaled $600,000
Grid layout and 31 line kilometers of geophysics
Induced Polarization
Resistivity
Ground Magnetometer
1240 metres of core drilling in four-holes
Petrographic studies of the core material
CAPTAIN PROPERTY – EXPLORATION 2011
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CAPTAIN TARGET – IP CHARGEABILITY AND MAGNETICS
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Three geophysical anomalies interpreted to be similar to the Mt. Milligan Deposit.
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Hole C11-02 was drilled to a depth of 185 metres at the eastern edge
of a magnetic high intersecting a monzonite intrusive, minor pyrite.
Hole C12-01 was drilled 400 metres east of hole C11-02 to a depth of
499 metres, intersecting sericite-pyrite-quartz-carbonate over 250
metres - pyritic halo, outer phyllic shell around the porphyry.
Hole C11-01 was drilled 400 metres east of hole C12-01 to a depth of
255 metres and intercepted highly potassic-sericite-carbonate
altered volcanic rocks, porphyry dykes and hydrothermal breccia.
Assays from this hole returned an intercept of 87 metres from 127
metres grading 0.230 g/t gold and 0.03% copper, including 43 metres
grading 0.298 g/t gold and 0.09% copper and 16 metres grading
0.434 g/t gold and 0.133% copper.
Geochemical data combined with the geophysical signature
indicate a mineralized porphyry system strengthening to the east.
CAPTAIN EAST TARGET – DRILLING SUMMARY
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Hole C11-02 was drilled to a depth of 185 metres at the eastern edge
of a magnetic high intersecting a monzonite intrusive: no petrographic
analysis conducted.
Hole C12-01 was drilled 400 metres east of hole C11-02 to a depth of
499 metres: results show a pervasive alteration assemblage of
sericite/pyrite/quartz/carbonate over approximately 250 meters from
100 meters to 350 meters down hole. This indicates that the hole
intersected the pyritic halo in the outer phyllic shell around the margin
of a porphyry system.
Hole C11-01 was drilled 400 metres east of hole C12-01 to a depth of
255 metres: results show an alteration assemblage consisting of very
fine grained ankerite/potassium feldspar with minor kaolinite/sericite
and abundant magnetite/hematite, overprinted in part by coarse-
grained potassium feldspar. Fine-grained chalcopyrite, associated with
magnetite and pyrite, is disseminated throughout the core interval.
This alteration assemblage indicates a high temperature environment
near an intrusive source.
CAPTAIN - EAST TARGET - PETROGRAPHIC ANALYSIS
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CAPTAIN TARGET – GOLD/COPPER INTERFACE
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Hole C11-02
intersected monzonite
intrusive.
Hole C12-01
intersected the pyritic
halo or outer phyllic
shell around the
porphyry.
Hole C11-01
intersected potassic-
sericite-carbonate
altered volcanic rocks
and as you can see the
gold and copper
grades spike.
Conclusion: porphyry
system strengthens to
the east.
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CAPTAIN TARGET – GEOLOGIC INTERPRETATION
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CAPTAIN TARGET – Detailed AeroMag
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CAPTAIN TARGET – CROSS SECTION
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Multiple mineralizing intrusive plugs are postulated.
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The primary goal for 2012 is to confirm economic grades
of copper/gold and begin to outline the East target.
Conduct initial test drilling on a second target to establish the
existence of copper/gold mineralization.
2012 expenditures budgeted at $650,000 - $1.2 million
10 line kilometers of geophysics
Induced Polarization/Resistivity and magnetics
2,000 to 4,000 metres of core drilling in 10 to 20 holes
Petrographic studies of core material
CAPTAIN PROPERTY – EXPLORATION 2012
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CAPTAIN TARGET – DRILL PLAN 2012
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100% owned, with major mining companies Thomson Creek, Xstrata,
Goldfields and Teck working on porphyry projects in the area.
Alteration and geochemical signatures consistent with alkalic porphyry
systems; Afton, Mt. Milligan, Galore Creek and Ridgeway among others.
The East target measures 1,000 by 5,000 meters
The “discovery hole” compares favorably to Mt. Milligan:
Mt. Milligan ore grade (532 Mt): 0.38 g/t gold and 0.20% copper
Captain discovery hole 43m: 0.29 g/t gold and 0.09% copper
Including 16m: 0.43 g/t gold and 0.13% copper.
Conclusion – Captain is a large, early stage copper/gold discovery.
Two other targets remain untested - 30 locations permitted for drilling.
CAPTAIN PROPERTY - SUMMARY
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CONTACT DETAILS
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Mr. David Hottman
President & C.E.O
Orestone Mining Corp.
Suite 750, 625 Howe St.
Standard Life Building
Vancouver, B.C.
Canada, V6C 2T6
Phone: 604.629.1929
Fax: 604.629.1930
Website: www.orestone.ca Email: [email protected]
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TSX Venture Exchange
Symbol: “ORS”
Cusip No.: 686154204
TSX.V:ORS
Important features of the Captain porphyry system within the Takla Arc -
Quesnel Trough of British Columbia
Located adjacent to large NW trending regional faults and shorter
linked northeast trending faults which have controlled intrusive
emplacement and mineralizing hydrothermal fluids.
Mineralization is associated with the smaller porphyry bodies
peripheral to a larger intrusive.
Magnetic highs are associated with a large alteration halo of
subvolcanic alkaline intrusive bodies.
Alteration consisting of an outer propylitic zone and a central core of
intense sericite-potassic alteration with related copper gold
mineralization.
CAPTAIN PROPERTY – GEOLOGICAL FEATURES
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