Orestone Mobilizes Equipment to Captain Project

Orestone Mining Corp. (TSX VENTURE:ORS) (the "Company") is pleased to report
that manpower and equipment have been mobilized to the Captain Project in
preparation for drilling. The 100% owned Captain project is located 43
kilometers north of Fort St. James, British Columbia and approximately 30
kilometers south of the Mt. Milligan copper-gold 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.


In preparation for drilling we will be cutting in approximately one kilometer of
roads, building drill pads and organizing the drill core cutting and logging
facilities near Fort St. James. The project area features relatively flat
terrain, moderate tree cover and an extensive network of logging and Forest
Service roads suitable for exploration all year.


The project hosts a large copper/gold porphyry system measuring seven by seven
kilometers that remains open to the east and west. Over this immense area one of
the four diamond drill holes completed on the East Target Area intercepted gold-
copper similar in tenor to that of the Mt. Milligan deposit: drill hole C11-01
intercepted 87 metres grading 0.23 g/t gold and 0.03 % copper; including 43
metres grading 0.298 g/t gold and 0.09 % copper; as well as 16 metres grading
0.434 g/t gold and 0.133% copper (See Company news release dated February 23,
2012).


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 is well financed, has recently discovered the above described large
copper/gold porphyry system on the 100% owned Captain Project and is seeing
increased interest in the Stewart Mining Camp where the Company's 50 square
kilometer Todd Creek (51%) asset is located. 


ON BEHALF OF ORESTONE MINING CORP.

David Hottman, President and CEO

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