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ORESTONE INTERCEPTS 115 METRES OF PORPHYRY-STYLE MINERALIZATION AT CAPTAIN PROJECT

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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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Summary

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A seasoned and committed team

A gold and copper explorer in BC

4 projects cover 700 square Km

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David Hottman, Director, President & C.E.O - 20 years experience in corporate finance andmanagement of junior resource companies. Founding team member Portal Resources, Eldorado Gold(TSX, NYSE) and Nevada Pacific Gold (TSX) which was acquired by US Gold (TSX, AMEX) 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.

Gordon Richards, Director - 40 years geological experience in western Canada and internationally, including with Cominco, Giant Yellowknife, Asarco and Atlas. Developed mineral properties held by himself and his partners with Placer Dome, Chevron Minerals, Inco, Cominco, Asarco, Western Mines, and junior resource companies.

John Holmlund, Director - 30+ years as successful entrepreneur and businessman. Founder and CEOof Focus Corporation, an acclaimed and successful geomatics consulting and oilfield services firm.

Lorne Torhjelm, CFO - More than 30 years of experience in the mining industry. Director and/or anOfficer of several public companies: Orestone Mining Corp., Upper Canyon Minerals Corp., JourneyResources Corp., and Panoro Minerals Ltd.

Jose Antonio Pinedo, Director - 20 years experience in the mining industry in Latin and North America.Former VP Legal & General Counsel for Placer Dome Americas. Held management and director positionsfor Placer Dome in Venezuela, Chile and the USA.

Patrick Highsmith, MSc (Geochemistry), Director - 20 years in geology, geochemistry, and businessdevelopment for Rio Tinto, BHP and Newmont. Currently CEO of Lithium One and Chairman of CopperOne. Associated with $30 million of financings since 2008.

DIRECTORS AND MANAGEMENT

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Robert Pease, B.Sc., P.Geo, Advisor to the Board – Mr. Peasewas previously the founder, CEO and a Director of Terrane MetalsCorp., which owned the Mt. Milligan project until it was acquired for$700 million in 2010 by Thompson Creek Metals. He is also aformer Director and Strategic Advisor to Richfield Ventures Corp., ajunior gold mining company in British Columbia which was acquiredearlier his year by New Gold Inc. through a plan of arrangementvalued at approximately $550 million. Previously, he was employedby Placer Dome for twenty five years, most recently as GeneralManager, Canada Exploration and Global Major Projects.

ADVISORY BOARD

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100% owned Projects

Captain – Covers 417 sq Km – copper/gold porphyry target

LaForce – Covers 47 sq Km – high grade gold in quartz/stockworktarget

Lay - Covers 21 sq Km – gold target

Joint Venture Projects

Todd Creek - 51% – Covers 200 Sq Km – numerous gold-silver and copper-gold prospects

PROJECTS

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CAPTAIN PROPERTY – ADJOINS MT. MILLIGAN

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The 100% owned Captain Property covers 417 square kilometerswith the primary target, a large Copper-Gold system located 30kilometers south of the Mt. Milligan Mine (development) along thesame NW Structural Trends.

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The property is large and 100% owned with major mining companies Thomson Creek, Xstrata, Goldfields and Teck working on porphyry projects in the area.

The mineralizing system features a Magnetic high associated with fringing IP/Resistivity Anomalies, potassic altered breccias and intrusive. The alteration and geochemical signatures, are consistent with alkalic porphyry systems; Afton, Mt. Milligan, Galore Creek and Ridgeway among others.

The Captain system is much larger than the initial survey area of 6 by 6 Km.

The principal drill target, the East Target, measures 1,000 by 3,000+ meters.

The Captain Target is associated with quartz monzonite intrusive with pervasive potassic/sericite altered breccia grading 0.21% Cu and 0.35g/t Au.

The conclusion is that Captain is a large, early stage copper/gold discovery very similar in nature to the MBX copper-gold deposit at Mt. Milligan.

30 locations permitted for drilling.

CAPTAIN PROPERTY ‐ SUMMARY

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December 2011 and January 2012

Approximately 1000 metres in four-holes

The program is budgeted at $250,000

The primary focus of the drilling will be to follow up and extend copper/gold mineralization intercepted in previous drilling (DDH2009-05) on the East Target.

DDH2011-01, DDH2011-02 and DDH2012-01 will be in the East Target and DDH2011-03 will test the West Target (DDH= diamond drill Hole)

CAPTAIN PROPERTY – DRILL PROGRAM

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CAPTAIN TARGET – DRILL HOLE LOCATIONS

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Drill hole locations are in red. The three holes that appear close to each other in this graphic are 400 metres apart. Hole DDH2012-1 is centered.

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Hole DDH2011-01 was drilled as an offset or twin hole to DDH2009-05, which intersected three metres grading 0.23% copper and 0.35 grams per tonne gold in the bottom of the hole at a depth of 137.23 metres.

The hole was drilled to a depth of 255.42 metres and intercepted highly potassic-sericite-carbonate altered volcanic rocks, porphyry dykes and hydrothermal breccia zones.

These rocks contained 5-10% disseminated sulfide minerals, including fine pyrite and chalcopyrite, from 140 metres to the end of the hole at 255.42 metres (115. 42 metres).

CAPTAIN PROPERTY – DRILL HOLE SUMMARY

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Hole DDH2011-02 was located 800 metres west of hole 11-01 at the eastern edge of a magnetic high, which is believed to be related to an intrusive center.

The drill hole cut a medium to coarse grained monzonite intrusion with minor pyrite and chlorite alteration from 46.63 metres to 165.0 metres.

From 165 metres to the end of the hole at 185.32 metres, the monzonite is strongly potassic-sericite-chlorite-carbonate altered.

5-10% sulfides, including disseminated pyrite and fine chalcopyrite appear to increase in abundance towards the bottom of the hole.

The increasing alteration and sulfide content, combined with the geophysical signature in the area, is suggestive of a mineralized porphyry system strengthening to the east in the direction of hole 11-01.

CAPTAIN PROPERTY ‐ DRILL HOLE SUMMARY

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CAPTAIN TARGET – LARGE SCALE

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The Captain Target is in an area of mild topography dissected by numerous logging and Forest Service Roads.

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CAPTAIN TARGET – DRILL HOLE: 09‐05

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Vertical hole to 137 meters intersected potassic/sericite altered volcanics and quartz monzonite intrusive with pervasive potassic/sericite altered breccia at the bottom of the hole grading 0.21% Cu and 0.35g/t Au.

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CAPTAIN TARGET MAGNETICS

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The target area measures six by six kilometers consisting of a magnetic high interpreted to be a magnetite bearing intrusive measuring 1,000 to 2,000 meters wide and in excess of 5 kilometers in strike length. 30 locations are now permitted and ready for drilling.

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CAPTAIN TARGET – IP LINES 1 to 7

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Within the survey area there are three separate IP chargeability anomalies flanking magnetic high anomalies having widths of 1,000 meters or more that have yet to be fully outlined.

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CAPTAIN TARGET – RESISTIVITY LINES 1 to 7

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The principal IP chargeability anomaly in the central portion of the survey area measures 1,000 by 4,000+ meters and corresponds with a resistivity high; very similar in nature to the MBX copper-gold deposit at Mt. Milligan.

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Captain Project: $250,000

Phase I30 holes permittedProgram to drill 4 holes at 200 -300 metres each

EXPLORATION PLAN – 2011/2012

Exploration in the 4th quarter of 2011 and 1st quarter of 2012 is budgeted at $250,000:

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Share Structure

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Shares Issued & Outstanding: 65,589,313

Warrants 12,432,900

Options 3,730,000

Fully Diluted Shares: 81,752,213

Cash Position: CN$300,000

Held by Insiders (Fully Diluted): ~28%

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Contact Details

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Mr. David HottmanPresident & C.E.OOrestone Mining Corp.Suite 750, 625 Howe St.Standard Life BuildingVancouver, B.C.Canada, V6C 2T6Phone: 604.629.1929Fax: 604.629.1930

TSX Venture Exchange - Symbol: “ORS”

Website: www.orestone.ca Email: info@orestone.ca

Mr. Mehran BagherzadehCorporate CommunicationsOrestone Mining Corp.Suite 750, 625 Howe St.Standard Life BuildingVancouver, B.C.Canada, V6C 2T6Phone: 604.629.1929Fax: 604.629.1930

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The Mt. Milligan copper-gold deposit has proven andprobable reserves of 482 Mt grading 0.20% copper and0.39 g/t gold outlined (Terrane Metals Corp. NI 43-101Technical Report October 2009) and is currently beingdeveloped by Thompson Creek Metals Company Inc. asa large open pit mine.

MT. MILLIGAN PROJECT ‐ SUMMARY

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CAPTAIN TARGET ‐ ANALOGY

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Mt. Milligan cross section for MBX deposit Cu-Au ore zones flanking magnetic high intrusive.

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CAPTAIN TARGET ‐ ANALOGY

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Airborne Z-TEM surveys at Mt. Milligan, outlined zones of high resistivity associated with potassic alteration and copper-gold mineralization flanking a less resistive magnetic bearing monzonitic intrusion.