Exploration Co. Finds Extensive Gold Stockwork in Argentina
On April 14, 2026, Orestone Mining Corp. (ORS:TSXV; ORESF; OTC; O2R2:FSE) announced in a press release that it has completed the Phase 1 exploration program of its Francisca Gold Project in Argentina’s Salta Province. The company said, “Mapping and sampling at Francisca has outlined a strongly sericite clay altered gold stockwork system in highly limonitic sericite-clay altered feldspar porphyry and hornfels hosted gold stockwork system.”
Mapping results of the South Gold zone indicate a stockwork width from 40-70 meters, averaging 50 meters along a 400-500-meter strike length. The press release said, “The zone consists of highly sericite clay altered porphyry and hornfels host rocks cut by a dense stockwork of thin light brown limonite veinlets with thin dark quartz vein centers and thicker dark limonite quartz veins that are both vertical and shallow dipping.”
At the North Gold zone, the company believes it has found three, sub parallel en-echelon, highly altered and mineralized zones, averaging 40-50 meters in width, with individual strike lengths of 100-150 meters. The two mapped North zones contain sericite altered quartz manganese stockworks.
The company collected a total of 675 samples, which varied from 1 to three meters in length, that will be analyzed by fire assay for gold and ICP for 39 multi-element analysis.
Orestone is a Canadian company, and its portfolio includes exposure to gold, silver, and copper on properties in Canada and Argentina. The company can earn up to 85% interest in the Francisca property, noting that exploration can be conducted all year and that the area has good infrastructure due to other mining projects.
Gold’s Slight Rebound
Amid a chaotic few weeks for the gold market, easing international tensions and interest rates staying lower than expected, the U.S. dollar has weakened, improving the price of gold. An article by Neils Christensen for Kitco on April 14 cited Head of Business at XS.com, Simon-Peter Massbni, saying, “. . . the U.S. dollar index has fallen to a six-week low and is testing initial support at 98 points. . . the greenback is seeing renewed selling pressure due to growing expectations that the U.S. and Iran will reach a long-term peace deal, even as initial negotiations have struggled.” Massabni argued that the medium-term future of the dollar will depend on U.S. monetary policy coming out of the Federal Reserve and whether meaningful peace talks between the U.S. and Iran can take place.
“Gold remains in a consolidation phase, caught between its role as a safe-haven asset and the pressures of a high-interest-rate environment and a strong dollar,” Massabni said.
Bullion rose 2.1% to US$4,841.31 per ounce on April 14. This is an improvement from Monday the 12, when President Trump announced his intention to blockade the Strait of Hormuz after failed negotiations with Iran. This 2.1% rebound has some investors less shaky, but still “. . . despite a moderate recovery in recent weeks, bullion has still fallen around 10% since the start of the conflict in late February. A liquidity squeeze in the earlier days of fighting saw investors offloading their gold holdings to cover losses elsewhere,” wrote Yihui Xie for Bloomberg on April 14, 2026.
First Analyst Price Target Already Met
1In a March 16, 2026, contributed technical analyst opinion for Streetwise Reports, John Newell of John Newell & Associates gave Orestone a ‘Speculative Buy’ rating, noting that the stock had achieved its previous price target of CA$0.15. Newell has set the second target at CA$0.23 and the third target at CA$0.40. Regarding the company’s projects, Newell discussed the Captain target in British Columbia and the Francisca target in Argentina, saying, “Because these projects are located in opposite hemispheres, exploration programs can often advance in one jurisdiction while seasonal conditions slow activity in the other. This creates the potential for more consistent exploration progress and year-round catalysts, something investors often look for in junior discovery stories.”
Newell concluded his opinion with this: “With gold and copper markets strengthening and exploration programs advancing, Orestone is a company worth watching in the junior exploration sector.”
Further Exploratory Drilling Planned
Further information regarding additional prospecting and mapping results to the north and south of the known gold-silver zones on the Francisca property will be released in the near future. Regarding the Captain gold porphyry property, Orestone said that the next phase of exploration will be to drill 2-3 1,000-meter holes into the center of the large MT geophysical conductor.
Ownership & Share Information2
Orestone Mining Corp. has a market cap of CA$7,504,288 million, with 106,993,563 shares outstanding. The company’s 52-week range is CA$0.04-CA$0.175. Institutions own 8.13% of shares, while Management & Insiders own 8.00%. The remaining 83.87% of shares are Retail.
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1. Disclosure for the quote from the John Newell article published on March 16, 2026.
As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it’s advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.
2. Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.
