Orestone Completes Sale of Todd Creek Property Interest to Millrock Resources
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 12/14/15 -- Orestone Mining Corp. (TSX VENTURE: ORS) ("the Company") is pleased to announce that it has completed the sale of its interest in the Todd Creek Property located in the Stewart Mining Camp of British Columbia to Millrock Resources Inc. ("Millrock").
Millrock has purchased a 100% royalty-free interest in the Todd Creek Joint Venture for C$100,000 cash and 888,889 Millrock common shares distributed on a pro-rata basis according to the joint venture ownership (Goldeye Explorations Limited - 24.5%, Revelo Resources Corp. - 24.5%, and Intuitive Exploration Inc. (a 100% owned subsidiary of Orestone Mining Corp.) - 51%).
Orestone Mining Corp. is a Canadian based mineral exploration company focused on gold and gold-copper exploration projects in British Columbia. For more information please visit: .
ON BEHALF OF ORESTONE MINING CORP.
David Hottman
President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release. This news release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.
Contacts:
Orestone Mining Corp.
David Hottman
President & CEO
Phone: 604-629-1929
E-mail:
Website:
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Datum: 14.12.2015 - 11:56 Uhr
Sprache: Deutsch
News-ID 1404247
Anzahl Zeichen: 2579
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Mining & Metals
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