Orestone Mining Corp. · TSXV:ORS
Orestone Mining — Investor Presentation (October 2022)
20 slides from Orestone Mining's investor presentation, October 2022
Slide 1: A Results Focused Gold-Copper Company
A Results Focused Gold-Copper Company 4Q2022 www.orestone.ca TSX.V:ORS
Slide 2: Forward Looking Statements
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 expe
Slide 3: Orestone Mining Corp.
ORESTONE MINING CORP. ➢ Experience management team ➢ High impact gold-copper porphyry project in Canada ➢ Large well defined drill ready targets ➢ Focused on generating shareholder wealth ➢ Gold exposure ➢ Copper exposure ➢ Silver exposure ➢ Low market capitalization “Orestone’s board and management
Slide 4: Captain Property – British Columbia
CAPTAIN PROPERTY – BRITISH COLUMBIA ➢ Geologically, the property falls within the Quesnel Trough - a rich endowment of copper - gold and molybdenum deposits. ➢ Centerra’s Mt. Milligan Gold Copper Mine lies 30 km to the north and Artemis Gold’s Blackwater Gold Deposit is 120 km SW ➢ Similarities to o
Slide 5: Captain - Overview - Access - Exploration
CAPTAIN - OVERVIEW - ACCESS - EXPLORATION ➢ The 100 percent owned Captain gold-copper project encompasses 105 square kilometres and hosts a large gold dominate porphyry system located 40 kilometres north of Fort St. James in North Central British Columbia. The Project features relatively flat terrai
Slide 6: Captain – Five Km Low Resistivity Trend
CAPTAIN – FIVE KM LOW RESISTIVITY TREND The T1 target is one of three distinct Airborne MagnetoTellurics (MobileMT) low resistivity-high conductivity targets along a prominent north/south trending inferred regional fault. This trend remains open in both directions on Orestone claims. 6 TSX.V:ORS
Slide 7: Captain - Gold Enriched Porphyry Target
CAPTAIN - GOLD ENRICHED PORPHYRY TARGET ➢ The T1 target lies within a phyllic alteration halo covering an area of four square kilometres with co-incident strong induced polarization (IP) chargeability highs and magnetic lows; a MobileMT low resistivity-high conductivity anomaly lies at depth. ➢ The
Slide 8: Captain - Alteration and Mineralization
CAPTAIN - ALTERATION AND MINERALIZATION ➢ Seven fringing drill holes have outlined the zone by encountering a 200-500 metre thick tabular zone of phyllic alteration hosting zones of sericite-kspar alteration containing gold-copper mineralization from 20-160 metres thick grading 0.20 to 0.84 g/t gold
Slide 9: Captain – T1 Target – X Section C-C’ NW to SE
CAPTAIN – T1 TARGET – X SECTION C-C’ NW to SE ➢ Mineralization is interpreted to have been emplaced by upward moving hydrothermal and epithermal solutions driven by a large sulphide rich porphyry system directly below. 9 TSX.V:ORS
Slide 10: Captain - Porphyry Target – Mobile MT
CAPTAIN - PORPHYRY TARGET – MOBILE MT ➢ The core of the low resistivity-high conductivity zone known as the T1 target measures 500 x 1000 metres at a depth of 900 metres below surface increasing in size to 1500 x 1500 metres over a 1000 metre vertical profile and remains open to depth below 1900 met
Slide 11: Captain - Porphyry Target - 1km³
CAPTAIN - PORPHYRY TARGET - 1km³ ➢ With the MT survey outlining an area of approximately one cubic kilometre (1km³) in size there’s more than enough room to encounter some considerable tonnage. 11 TSX.V:ORS
Slide 12: Captain – Previous Drilling
CAPTAIN – PREVIOUS DRILLING Drill Hole From To Interval m g/t gold % copper C09-05 134.1 137.2 3.1 0.35 0.16 C11-01 127.0 214.0 87.0 0.23 0.03 incl 127.0 170.0 43.0 0.30 0.09 C12-03 179.5 246.5 67.0 0.13 0.06 C12-05 88.1 206.9 118.8 0.65 0.06 (1) 88.1 206.9 118.8 0.30 0.06 incl 152.1 161.2 9.1 6.46
Slide 13: Captain – Drill Core Photo - Hole C13-03
CAPTAIN – DRILL CORE PHOTO - Hole C13-03 ➢ A three metre xenolith grading 1.89 g/t gold, 11 g/t silver and 0.23 % copper intersected in hole C13-03; note strong sericite-potassic feldspar (kspar) alteration. The xenolith was intersected at 204 metres is believed to have been carried up from a porphy
Slide 14: Captain – Drill Core Photos - Hole C20-03
CAPTAIN – DRILL CORE PHOTOS - Hole C20-03 ➢ A two metre intercept of epithermal vein at 325 metres grading: 7.05 g/t gold, 61 g/t silver and 0.26 % copper within a broad 82 metre wide zone of intense potassic- sericite altered monzonite porphyry grading 0.23 g/t gold and 0.11 % copper. 14 TSX.V:ORS
Slide 15: Captain – Drill Core Photos - Hole C21-01
CAPTAIN – DRILL CORE PHOTOS - Hole C21-01 ➢ Hole C21-01 at 665m; latite with intense sericite-potassic alteration grading: ➢ 1.25 g/t gold and 0.07% copper. 15 TSX.V:ORS
Slide 16: Captain - 2022 MT Survey Parameters
CAPTAIN - 2022 MT SURVEY PARAMETERS An Airborne MagnetoTellurics (MobileMT) survey in 2022 was flown collecting electromagnetic (EM) and magnetic data with precise positioning. The survey was completed over a 40 square km area by Expert Geophysics Limited of Aurora, Ontario consisting of a total of
Slide 17: Porphyry Project – Drilling
CAPTAIN PORPHYRY PROJECT – DRILLING ➢ Permitting is in place for drilling to commence at anytime subject to a capital raise of an additional $500,000 to $1,000,000. 17 TSX.V:ORS
Slide 18: Orestone Investment Summary and Structure
ORESTONE INVESTMENT SUMMARY and STRUCTURE ➢ In summary, the T1 target is one of three large anomalies along the five km strike length of the low resistivity trend on the Captain property and based on previous drilling T1 is a gold dominant porphyry target. The outline of T1 in the MobileMT low resis
Slide 19: Management and Board
MANAGEMENT AND BOARD David Hottman, Chairman & CEO - 30 years experience in corporate finance and management of resource companies. A founder of Eldorado Gold (TSX, NYSE), Visionary Gold and Nevada Pacific Gold acquired by McEwen Mining in 2007. Bruce Winfield, M.Sc., P.Geo, Director, President - 40
Slide 20: Advisory Board
ADVISORY BOARD Julia Aspillaga - has more than 30 years of minerals industry experience in Chile and other Latin American countries. In the 1990's she was manager of Bema Gold in Chile and played a key role in the development of the 5.4 million-ounce Refugio Gold Deposit. Julia was also responsible
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