ORS Orestone Mining Corp

Orestone Mining Corp. (TSX VENTURE:ORS) is pleased to report that the Company
has completed the 50 line kilometer detailed magnetic survey at the Captain
Project in north central BC announced on January 25, 2013. The survey was
designed to detail the Admiral (East Mag) target area where recent drill hole
C12-05 intersected 100-160 meter intervals of gold copper mineralization with an
average grade of 0.3-0.4 g/t gold and 0.05-0.07 %. The intercepts of gold and
copper are associated with magnetic monzonite dyke swarms and strong
biotite-magnetite-potassic alteration with disseminated gold bearing
chalcopyrite - pyrite mineralization.


Two significant magnetic highs have been detailed in the survey. One of the
magnetic high is associated with the alteration and monzonite dykes in drill
hole C12-05 and measures 100-300 meters in width and has been traced along a
1500 meter east-west strike. The much larger second anomaly is located 600
meters north of drill hole C12-05 and has a width of 500-1000 meters and has
been traced along an east-west strike of 1500 meters and has not been drill
tested. 


Gary Nordin, Vice President-Exploration of Orestone commented, "This detailed
magnetic survey has greatly aided interpretation of the strong mineralization
intersected in hole C12-05, which showed us a clear correlation between
gold/copper mineralization and specific magnetic responses. This relationship
has been recognized at the nearby Mt. Milligan Deposit (Thompson Creek Metals),
as well as, the Woodjam Deposit (Goldfields Ltd.). This survey data will enable
us to explore much more efficiently and expedite our follow up drilling. The
large magnetic target located north of C12-5 will be the focus of our next
drilling campaign."


A further, more detailed magnetic survey will be underway shortly with closer
spaced lines at 100 meter spacing on the Admiral Target. Additionally a survey
will be conducted on the West Mag Target area at 200 meter spaced lines;
combined these new surveys will cover 60 line kilometers. Both areas have small
magnetic high zones with coincident moderate IP chargeability highs peripheral
to the central Main Magnetic High Intrusive. A magnetic map of the target areas
accompanies this release and may be found on the Company website at:
www.orestone.ca. 


The Captain Project hosts a large gold-copper porphyry system measuring seven by
fourteen kilometers located 41 kilometers north of Fort St. James, British
Columbia and approximately 30 kilometers south of the Mt. Milligan gold-copper
deposit. The Mt. Milligan deposit has proven and probable reserves of 532 Mt
grading 0.20% copper and 0.38 g/t gold (Thompson Creek Metals website) and is
currently under construction by Thompson Creek Metals Company Inc. as a large
open pit mine and processing facility. The Captain Project features relatively
flat terrain, moderate tree cover and an extensive network of logging and Forest
Service roads suitable for exploration year around. The Company has all permits
in place to facilitate the next several phases of exploration; 30 line
kilometers of geophysics and 38 sites approved for drilling by the B.C. Ministry
of Energy and Mines.


Orestone Mining Corp. owns 100% of the Captain gold and copper project near Fort
St. James, B.C. and is well financed to pursue further exploration during 2013.
The Company also holds a 51% interest in the 50 square kilometers Todd Creek
Property within the increasingly important Stewart Mining Camp, B.C. For
additional information including, drill hole plans, cross sections and
geophysical maps, please visit www.orestone.ca.


ON BEHALF OF ORESTONE MINING CORP.

David Hottman, President and CEO

This news release has been prepared by management and no regulatory authority
has approved or disapproved the information contained herein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Orestone Mining Corp.
David Hottman
President and CEO
604-629-1929
info@orestone.ca
www.orestone.ca

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