(MENAFN- Baystreet.ca) With the summer mining season heating up, Vancouver-based Orestone Mining Corp. (TSX-Venture:ORS) announced the receipt of its 2019 Notice of Work Mineral Exploration Permit from the B.C. Ministry of Energy Mines and Petroleum Resources.
A news release out Thursday claims the five-year exploration permit encompasses 21 diamond drill hole sites and 17 km of Induced Polarization geophysical survey lines on the Admiral Au-Cu porphyry target and the Max Extension area.
The Admiral target is a strong IP chargeability high measuring two kilometres by one kilometre which is thought to be related to a potential monzonite copper gold porphyry system.
Orestone plans to drill test the Admiral target in the coming weeks north of the known post mineral dyke and to the south of a strong linear north east trending inferred fault. Drilling and other contractors are currently being scheduled in preparation for the program.
Shares hiked 1.5 cents, or 11.5%, to 14.5 cents, on just below 41,000 shares.
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