Orestone Begins Drilling at Captain Gold Copper Project

Orestone Mining Corp. (TSX VENTURE:ORS) (the "Company") is pleased to announce
that drilling has commenced on the Company's Captain gold/copper porphyry
project. 


The program is budgeted at $250,000 and will consist of 800 meters of HQ/NQ
diameter diamond drilling in three holes. The program will test targets
developed through a series of recent detailed magnetic surveys after drilling
has shown a direct correlation between magnetic dike swarms and disseminated
porphyry gold mineralization.


Diamond drill hole C12-05, intersected long intervals of 0.30-0.65 g/t gold and
0.06-0.07% copper over 119 meters and 165 meters, including 9 meters of 6.5 g/t
gold and 0.27% copper as well as 6 meters of 4.4 g/t gold and 0.51% copper (News
Release Jan 14, 2013). When plotted on the detailed magnetic map, C12-05 and
drill hole C11-01 lie on the southern fringe of a large circular magnetic high
known as the Admiral target. The Admiral target measures 1000m x 1500m and is
similar in size and intensity to the magnetic high associated with the "MBX" and
"66" ore bodies at the Mount Milligan Deposit located 30 kilometers to the
north. This is the highest priority drill target on the Captain project.


Gary Nordin P. Geo., Vice-President of Exploration for Orestone Mining Corp., is
a qualified person under the NI 43-101 guidelines and has reviewed the technical
content of this news release.


The 100 percent owned 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 is currently under
construction by Thompson Creek Metals Company Inc. as a large open pit mine and
processing facility. The 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 now has all permits in place from the B.C.
Ministry of Energy and Mines to facilitate the next several phases of
exploration; 75 line kilometers of geophysics and 58 sites approved for
drilling. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Orestone Mining Corp.
David Hottman
President & CEO
604-629-1929
[e-mail]
www.orestone.ca