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Orestone Mining Corp V.ORS

Alternate Symbol(s):  ORESF

Orestone Mining Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties. The Company owns a 100% interest in certain mineral claims comprising the Captain Property located near Fort St. James, British Columbia. The Captain Project is located 150 kilometers (km) north of Prince George, northern British Columbia, located 41 kilometers north of Fort St. James and 30 kilometers south of the Mt Milligan copper-gold mine. The Project covers an area of approximately 105 square kilometers. The Captain Project hosts various copper-gold and copper-molybdenum porphyry deposits.


TSXV:ORS - Post by User

Post by Renebernardon Dec 29, 2020 8:53pm
318 Views
Post# 32194524

potential

potential Most economic porphyry's in B.C. are over 100MM tones. This is equivalent of a approximate 300m by 300m by 300m of mineralization. Assuming a .4% Cu and .5 gram Au average value (Cu USD 3.00 and AU USD 1800) and an average recovery rate the in situ value would be somewhere between 4 to 5 Billion USD. Not bad for a company with a < 5 MM CDN market cap. The valuation could be easy 10x greater if drilling intersected a well mineralized porphyry of significant length. 
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