Orestone Mining expands Captain project

According to Mining News Pro - In a press release, the company revealed that the new copper-gold porphyry target, called Max, is located 7 km northwest of its main East Admiral gold-copper porphyry target.

“The Max Extension claims cover 2,834 hectares and cover a phyllic altered felsic intrusive with disseminated chalcopyrite exposed along a forestry logging access road. The new Max target has marked similarities to the East Admiral zone lying at the junction of a NW and NE faults associated with a MMI copper-gold geochemical anomaly and quartz-sericite alteration characteristic of the outer zone of a copper-gold porphyry. The Max claims lie along a northwest trending linear fault and linear magnetic high extending from the East Admiral copper-gold zone,” the media brief reads.

With this addition, the Captain project now covers 72 km2. Official information states that the site hosts a large gold-copper porphyry system with multiple targets located 41 km north of Fort St. James and approximately 30 km south of the Mt. Milligan copper-gold mine owned by Centerra Gold.

Orestone said it that as the year progresses, its team on the field plans to carry out follow-up soil and rock geochemical sampling to define drill targets at its flagship project.