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The latest update is out from Orestone Mining ( (TSE:ORS) ).
Orestone Mining Corp. has announced an Option Agreement to earn up to an 85% interest in the Francisca property in Salta Province, Argentina. This acquisition aims to develop a potentially sizable oxide gold deposit through open pit mining and heap leach recovery methods. The property, previously explored by Mansfield Minerals and Cascadero Copper, shows promising high-grade gold intervals and remains open for expansion. This move could enhance Orestone’s position in the gold mining sector by allowing the company to leverage a historically low-investigated site with significant potential.
More about Orestone Mining
Orestone Mining Corp. is involved in the mining industry, focusing on the exploration and development of gold deposits. The company is targeting oxide gold deposits that can be mined by open pit methods and are amenable to heap leach gold recovery.
YTD Price Performance: 8.70%
Average Trading Volume: 55,374
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.42M
For detailed information about ORS stock, go to TipRanks’ Stock Analysis page.
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