Orestone closer to drilling at Captain project in British Columbia
Orestone Mining (TSXV: ORS) announced that it is taking initial steps that will lead to a drilling program at its Captain gold-copper porphyry property in northern British Columbia, Canada.
In a press release, Orestone said the initial work will consist of rehabilitating logging roads and sites in accordance with the terms of the environmental notice of work mineral exploration permit the company received from the BC Ministry of Energy, Mines and Petroleum Resources in July 2019.
Once this is done, the drill program will start and will consist of 1,000 to 1,250 metres in five drill holes.
According to the Vancouver-based miner, the campaign will focus on the Admiral target, a large 2 kilometres X 1 kilometre Induced Polarization anomaly that is believed to be the source of a block or fragment of intensely potassic-sericite altered intrusive intersected in drill hole C13-3 which assayed 1.9 g/t gold and 0.226 % copper over 3 meters within an otherwise unaltered and barren post mineral dyke.
The 72-square-kilometre Captain property is located in flat terrain, 65 kilometres northeast of Ft. St. James. It is also 30 kilometres south of the Mt. Milligan gold-copper deposit owned by Centerra Gold.