Orestone Mining Corp. · TSXV:ORS
Orestone Mining — Investor Presentation (October 2024)
19 slides from Orestone Mining's investor presentation, October 2024
Slide 1: A Results Focused Gold-Copper Company
A Results Focused Gold-Copper Company TSXV: ORS 4Q2024 www.orestone.ca FSE: O2R2
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: 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 Metals and Nevada Pacific Gold acquired by McEwen Mining in 2007. Bruce Winfield, M.Sc., P.Geo, Director, President -
Slide 4: Orestone – Focused Management
ORESTONE – FOCUSED MANAGEMENT ➢ Experienced management team with a history of success $$$ ➢ High impact gold-copper porphyry projects in Canada and Argentina ➢ Commodity cycle for copper and gold have good momentum ➢ Low market capitalization >> Focused on generating shareowner wealth 4 TSX.V:ORS
Slide 5: Orestone – Discovery Focused
ORESTONE – DISCOVERY FOCUSED ➢ Orestone’s board and management have a proven record of identifying important gold porphyry projects. ➢ Examples: ➢ The early modeling and drilling of the 5.4 million-ounce Refugio Gold Porphyry, Chile (past producer – Bema Gold/Kinross) (1) ➢ The early modeling and dr
Slide 6: Argentina - Las Burras / Incahuasi
ARGENTINA - LAS BURRAS / INCAHUASI ➢ Salta has great geology Ranked #1 for Investment Attractiveness in Latin America in 2023 (Fraser Institute) ➢ The President of Argentina, Javier Milei is moving the Country to a more pro-business and free enterprise footing ➢ Orestone can earn up to a 75% in the
Slide 7: Las Burras – Incahuasi - Geologic Setting
LAS BURRAS – INCAHUASI - GEOLOGIC SETTING ➢ Located north of the El Toro lineament that controls mineralization at: ➢ the Escondida Copper Mine 320 kilometres to the west, and ➢ the Taca Taca Copper Gold Molybdenum Deposit of First Quantum Minerals 200 Kms west ➢ The property hosts two large porphyr
Slide 8: Las Burras – Previous Exploration
LAS BURRAS – PREVIOUS EXPLORATION ➢ Previous exploration included: ➢ Mapping and sampling ➢ geophysics included IP and Magnetics ➢ 1,665 metres of core drilling in six holes. ➢ 3,000 by 1,500 metre IP anomaly (high chargeability/low resistivity) ➢ Coincident magnetic low indicating hydrothermal magn
Slide 9: Las Burras – Porphyry Stockwork Discovery
LAS BURRAS – PORPHYRY STOCKWORK DISCOVERY ➢ The Mineralization consists of chalcopyrite vein stockworks with strong sericite-pyrite alteration overprinting potassic alteration. ➢ This suggests that the higher grade mineralized potassic core lies at depth or laterally to drill hole LB-3 in the centre
Slide 10: Las Burras – Incahuasi Future Exploration
LAS BURRAS – INCAHUASI FUTURE EXPLORATION ➢ To advance the copper-gold-molybdenum targets Orestone plans to complete: ➢ an Airborne Magnetotelluric (MT) survey over an area of 18 square kilometers covering both the Las Burras and Incahuasi porphyry systems. This will more clearly define priority dri
Slide 11: Captain Property – British Columbia
CAPTAIN PROPERTY – BRITISH COLUMBIA ➢ The Captain property is located 40 kilometres north of Fort St. James in central British Columbia. ➢ Almost completely surrounded by mid-tier gold producers. ➢ Similarities to other calc-alkaline porphyry’s such as the Red Chris Deposit. 11 TSX.V:ORS
Slide 12: Captain - Overview - Access - Exploration
CAPTAIN - OVERVIEW - ACCESS - EXPLORATION ➢ 105 square kilometres, 100 percent owned* ➢ Hosts a large gold dominate porphyry system ➢ 8,000 metres of drilling in 24 holes ➢ Geophysical surveys completed IP, Mag and airborne MagnetoTelluric (EM ) AirMT survey ➢ Project features: relatively flat terra
Slide 13: Captain - A Gold Dominant Porphyry
CAPTAIN - A GOLD DOMINANT PORPHYRY ➢ A three metre xenolith of porphyry grading 1.89 g/t gold, 11 g/t silver and 0.23% copper was intersected in hole C13-03 within a barren post mineral dyke; note strong sericite- potassic feldspar (kspar) alteration. ➢ The xenolith is believed to have been carried
Slide 14: Captain - Alteration About Two by Two Km
CAPTAIN - ALTERATION ABOUT TWO BY TWO KM ➢ The T1 target lies within a phyllic alteration halo, established by drilling, covers an area of four square kilometres with co-incident strong induced polarization (IP) chargeability highs and magnetic lows. ➢ Drill holes have intersected alkaline and calc-
Slide 15: Captain - MT Survey - 3D Resistivity Model
CAPTAIN - MT SURVEY - 3D RESISTIVITY MODEL ➢ An airborne magnetotellurics (AirMT) survey was completed over a 35 square kilometre area (5x7 km). ➢ Measures conductivity:resistivity ➢ 3D model shows the scale and prominence of the T1 target, ➢ the second or southern anomaly is unexplored. Note to rea
Slide 16: Captain – Exploration the Next Steps
CAPTAIN – EXPLORATION THE NEXT STEPS ➢ To test this gold-copper-silver porphyry target Orestone plans to complete: ➢ an Airborne MagnetoTellurics survey over the southern T2 target ➢ drill 3 x 600 metre holes to test the T1 and T2 targets ➢ THE T1 TARGET IS LARGE: ➢ A large gold dominate porphyry ➢
Slide 17: Investment Summary and Capital Structure
INVESTMENT SUMMARY and CAPITAL STRUCTURE In summary, Orestone controls a large gold dominant porphyry target and a large copper dominate porphyry target that are at or very near drill ready. With gold and copper moving in the right direction the Company represents a robust opportunity to create shar
Slide 18: 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
Slide 19: Las Burras – Option Agreement Terms
LAS BURRAS – OPTION AGREEMENT TERMS ➢ Very favorable terms for initial 3 year option; US$2 million to earn 51%: ➢ Cash payments of US$100,000: ➢ (i) US$25,000 down; ➢ (ii) US$25,000 on or before the first anniversary; ➢ (iii) US$25,000 on or before the second anniversary; ➢ (iv) US$25,000 on or befo
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