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ORESTONE INTERCEPTS 115 METRES OF PORPHYRY-
        STYLE MINERALIZATION AT CAPTAIN PROJECT

                                            TSX.V:ORS
101
FORWARD LOOKING STATEMENTS


    This presentation contains certain forward looking statements that are based on assumptions made
    by management based on the information currently available to us. These statements include, but
    are not limited to, statements about our development plans, objectives, and expectations. The
    forward looking statements provided in this presentation reflect our current views with respect to
    future events, are not guarantees of future performance or production, involve risks and
    uncertainties that are difficult to predict and may be based upon assumptions as to future events
    that may prove to be inaccurate.

    It is important to realize that many factors could cause our actual results, performance or
    achievements to be materially different from any future results, performance or achievements that
    may be expressed or implied in this presentation. These factors include, but are not limited to,
    levels of actual grades of ores found on Orestone properties and activities by governmental
    authorities.

    The forward looking statements contained in this presentation are made as of the date hereof and
    Orestone undertakes no obligations to update publicly or revise any forward looking statements or
    information, whether as a result of new information, future events or otherwise, unless so required
    by applicable securities laws.




2                                                                                                 TSX.V:ORS
Summary




 A seasoned and committed team


 A gold and copper explorer in BC


 4 projects cover 700 square Km




3                                    TSX.V:ORS
DIRECTORS AND MANAGEMENT
David Hottman, Director, President & C.E.O - 20 years experience in corporate finance and
management of junior resource companies. Founding team member Portal Resources, Eldorado Gold
(TSX, NYSE) and Nevada Pacific Gold (TSX) which was acquired by US Gold (TSX, AMEX) in 2007.

Gary Nordin, B.Sc (Geol. Hons), Director, VP Exp - A leading exploration geologist with a proven track
record of identifying and developing important resource projects. Founding team member of Eldorado
Gold (TSX, NYSE) and Bema Gold which was acquired by Kinross.

Gordon Richards, Director - 40 years geological experience in western Canada and internationally,
including with Cominco, Giant Yellowknife, Asarco and Atlas. Developed mineral properties held by
himself and his partners with Placer Dome, Chevron Minerals, Inco, Cominco, Asarco, Western Mines,
and junior resource companies.

John Holmlund, Director - 30+ years as successful entrepreneur and businessman. Founder and CEO
of Focus Corporation, an acclaimed and successful geomatics consulting and oilfield services firm.

Lorne Torhjelm, CFO - More than 30 years of experience in the mining industry. Director and/or an
Officer of several public companies: Orestone Mining Corp., Upper Canyon Minerals Corp., Journey
Resources Corp., and Panoro Minerals Ltd.

Jose Antonio Pinedo, Director - 20 years experience in the mining industry in Latin and North America.
Former VP Legal & General Counsel for Placer Dome Americas. Held management and director positions
for Placer Dome in Venezuela, Chile and the USA.

Patrick Highsmith, MSc (Geochemistry), Director - 20 years in geology, geochemistry, and business
development for Rio Tinto, BHP and Newmont. Currently CEO of Lithium One and Chairman of Copper
One. Associated with $30 million of financings since 2008.


4                                                                                           TSX.V:ORS
ADVISORY BOARD
    Robert Pease, B.Sc., P.Geo, Advisor to the Board – Mr. Pease
    was previously the founder, CEO and a Director of Terrane Metals
    Corp., which owned the Mt. Milligan project until it was acquired for
    $700 million in 2010 by Thompson Creek Metals. He is also a
    former Director and Strategic Advisor to Richfield Ventures Corp., a
    junior gold mining company in British Columbia which was acquired
    earlier his year by New Gold Inc. through a plan of arrangement
    valued at approximately $550 million. Previously, he was employed
    by Placer Dome for twenty five years, most recently as General
    Manager, Canada Exploration and Global Major Projects.




5                                                                  TSX.V:ORS
PROJECTS

 100% owned Projects
     Captain – Covers 417 sq Km – copper/gold porphyry target

     LaForce – Covers 47 sq Km – high grade gold in quartz/stockwork
      target

     Lay - Covers 21 sq Km – gold target

 Joint Venture Projects
     Todd Creek - 51% – Covers 200 Sq Km – numerous gold-silver and
      copper-gold prospects




6                                                                TSX.V:ORS
CAPTAIN PROPERTY – ADJOINS MT. MILLIGAN
    The 100% owned Captain Property covers 417 square kilometers
    with the primary target, a large Copper-Gold system located 30
    kilometers south of the Mt. Milligan Mine (development) along the
    same NW Structural Trends.




7                                                               TSX.V:ORS
CAPTAIN PROPERTY ‐ SUMMARY
 The property is large and 100% owned with major mining companies Thomson
  Creek, Xstrata, Goldfields and Teck working on porphyry projects in the area.

 The mineralizing system features a Magnetic high associated with fringing
  IP/Resistivity Anomalies, potassic altered breccias and intrusive. The alteration
  and geochemical signatures, are consistent with alkalic porphyry systems;
  Afton, Mt. Milligan, Galore Creek and Ridgeway among others.

 The Captain system is much larger than the initial survey area of 6 by 6 Km.

 The principal drill target, the East Target, measures 1,000 by 3,000+ meters.

 The Captain Target is associated with quartz monzonite intrusive with
  pervasive potassic/sericite altered breccia grading 0.21% Cu and 0.35g/t Au.

 The conclusion is that Captain is a large, early stage copper/gold discovery
  very similar in nature to the MBX copper-gold deposit at Mt. Milligan.

 30 locations permitted for drilling.


8                                                                          TSX.V:ORS
CAPTAIN PROPERTY – DRILL PROGRAM

                December 2011 and January 2012
     Approximately 1000 metres in four-holes
     The program is budgeted at $250,000
     The primary focus of the drilling will be to follow up and
      extend copper/gold mineralization intercepted in
      previous drilling (DDH2009-05) on the East Target.
     DDH2011-01, DDH2011-02 and DDH2012-01 will be in
      the East Target and DDH2011-03 will test the West
      Target (DDH= diamond drill Hole)



9                                                           TSX.V:ORS
CAPTAIN TARGET – DRILL HOLE LOCATIONS
 Drill hole locations are in red. The three holes that appear close to each other in this
 graphic are 400 metres apart. Hole DDH2012-1 is centered.




10                                                                                    TSX.V:ORS
CAPTAIN PROPERTY – DRILL HOLE SUMMARY

 Hole DDH2011-01 was drilled as an offset or twin hole to
  DDH2009-05, which intersected three metres grading
  0.23% copper and 0.35 grams per tonne gold in the bottom
  of the hole at a depth of 137.23 metres.
 The hole was drilled to a depth of 255.42 metres and
  intercepted highly potassic-sericite-carbonate altered
  volcanic rocks, porphyry dykes and hydrothermal breccia
  zones.
 These rocks contained 5-10% disseminated sulfide
  minerals, including fine pyrite and chalcopyrite, from 140
  metres to the end of the hole at 255.42 metres (115. 42
  metres).

11                                                      TSX.V:ORS
CAPTAIN PROPERTY ‐ DRILL HOLE SUMMARY

 Hole DDH2011-02 was located 800 metres west of hole 11-01 at the
  eastern edge of a magnetic high, which is believed to be related to an
  intrusive center.

 The drill hole cut a medium to coarse grained monzonite intrusion with
  minor pyrite and chlorite alteration from 46.63 metres to 165.0 metres.

 From 165 metres to the end of the hole at 185.32 metres, the
  monzonite is strongly potassic-sericite-chlorite-carbonate altered.

 5-10% sulfides, including disseminated pyrite and fine chalcopyrite
  appear to increase in abundance towards the bottom of the hole.

 The increasing alteration and sulfide content, combined with the
  geophysical signature in the area, is suggestive of a mineralized
  porphyry system strengthening to the east in the direction of hole 11-
  01.

12                                                                  TSX.V:ORS
CAPTAIN TARGET – LARGE SCALE
The Captain Target is in an area of mild topography dissected by numerous
logging and Forest Service Roads.




13                                                                     TSX.V:ORS
CAPTAIN TARGET – DRILL HOLE: 09‐05
Vertical hole to 137 meters intersected potassic/sericite altered volcanics and
quartz monzonite intrusive with pervasive potassic/sericite altered breccia at
the bottom of the hole grading 0.21% Cu and 0.35g/t Au.




14                                                                         TSX.V:ORS
CAPTAIN TARGET MAGNETICS
 The target area measures six by six kilometers consisting of a magnetic high
 interpreted to be a magnetite bearing intrusive measuring 1,000 to 2,000
 meters wide and in excess of 5 kilometers in strike length. 30 locations are
 now permitted and ready for drilling.




15                                                                       TSX.V:ORS
CAPTAIN TARGET – IP LINES 1 to 7
 Within the survey area there are three separate IP chargeability anomalies
 flanking magnetic high anomalies having widths of 1,000 meters or more
 that have yet to be fully outlined.




16                                                                       TSX.V:ORS
CAPTAIN TARGET – RESISTIVITY LINES 1 to 7

The principal IP chargeability anomaly in the central portion of the survey area
measures 1,000 by 4,000+ meters and corresponds with a resistivity high; very
similar in nature to the MBX copper-gold deposit at Mt. Milligan.




17                                                                         TSX.V:ORS
EXPLORATION PLAN – 2011/2012

Exploration in the 4th quarter of 2011 and 1st quarter of 2012 is
budgeted at $250,000:


Captain Project: $250,000

 Phase I
    30 holes permitted
    Program to drill 4 holes at 200 -300 metres each




18                                                         TSX.V:ORS
Share Structure

     Shares Issued & Outstanding:        65,589,313

     Warrants                            12,432,900

     Options                              3,730,000

     Fully Diluted Shares:               81,752,213

     Cash Position:                      CN$300,000

     Held by Insiders (Fully Diluted):        ~28%

19                                                TSX.V:ORS
Contact Details
Mr. David Hottman         Mr. Mehran Bagherzadeh
President & C.E.O         Corporate Communications
Orestone Mining Corp.     Orestone Mining Corp.
Suite 750, 625 Howe St.   Suite 750, 625 Howe St.
Standard Life Building    Standard Life Building
Vancouver, B.C.           Vancouver, B.C.
Canada, V6C 2T6           Canada, V6C 2T6
Phone: 604.629.1929       Phone: 604.629.1929
Fax: 604.629.1930         Fax: 604.629.1930

TSX Venture Exchange - Symbol: “ORS”

Website: www.orestone.ca       Email: info@orestone.ca


20                                                   TSX.V:ORS
MT. MILLIGAN PROJECT ‐ SUMMARY


     The Mt. Milligan copper-gold deposit has proven and
     probable reserves of 482 Mt grading 0.20% copper and
     0.39 g/t gold outlined (Terrane Metals Corp. NI 43-101
     Technical Report October 2009) and is currently being
     developed by Thompson Creek Metals Company Inc. as
     a large open pit mine.




21                                                     TSX.V:ORS
CAPTAIN TARGET ‐ ANALOGY
Mt. Milligan cross section for MBX deposit Cu-Au ore zones flanking
magnetic high intrusive.




22                                                                TSX.V:ORS
CAPTAIN TARGET ‐ ANALOGY
Airborne Z-TEM surveys at Mt. Milligan, outlined zones of high resistivity
associated with potassic alteration and copper-gold mineralization flanking a
less resistive magnetic bearing monzonitic intrusion.




23                                                                 TSX.V:ORS

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Ors corporate presentation 01092012

  • 1. ORESTONE INTERCEPTS 115 METRES OF PORPHYRY- STYLE MINERALIZATION AT CAPTAIN PROJECT TSX.V:ORS 101
  • 2. FORWARD LOOKING STATEMENTS This presentation contains certain forward looking statements that are based on assumptions made by management based on the information currently available to us. These statements include, but are not limited to, statements about our development plans, objectives, and expectations. The forward looking statements provided in this presentation reflect our current views with respect to future events, are not guarantees of future performance or production, involve risks and uncertainties that are difficult to predict and may be based upon assumptions as to future events that may prove to be inaccurate. It is important to realize that many factors could cause our actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied in this presentation. These factors include, but are not limited to, levels of actual grades of ores found on Orestone properties and activities by governmental authorities. The forward looking statements contained in this presentation are made as of the date hereof and Orestone undertakes no obligations to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. 2 TSX.V:ORS
  • 3. Summary  A seasoned and committed team  A gold and copper explorer in BC  4 projects cover 700 square Km 3 TSX.V:ORS
  • 4. DIRECTORS AND MANAGEMENT David Hottman, Director, President & C.E.O - 20 years experience in corporate finance and management of junior resource companies. Founding team member Portal Resources, Eldorado Gold (TSX, NYSE) and Nevada Pacific Gold (TSX) which was acquired by US Gold (TSX, AMEX) in 2007. Gary Nordin, B.Sc (Geol. Hons), Director, VP Exp - A leading exploration geologist with a proven track record of identifying and developing important resource projects. Founding team member of Eldorado Gold (TSX, NYSE) and Bema Gold which was acquired by Kinross. Gordon Richards, Director - 40 years geological experience in western Canada and internationally, including with Cominco, Giant Yellowknife, Asarco and Atlas. Developed mineral properties held by himself and his partners with Placer Dome, Chevron Minerals, Inco, Cominco, Asarco, Western Mines, and junior resource companies. John Holmlund, Director - 30+ years as successful entrepreneur and businessman. Founder and CEO of Focus Corporation, an acclaimed and successful geomatics consulting and oilfield services firm. Lorne Torhjelm, CFO - More than 30 years of experience in the mining industry. Director and/or an Officer of several public companies: Orestone Mining Corp., Upper Canyon Minerals Corp., Journey Resources Corp., and Panoro Minerals Ltd. Jose Antonio Pinedo, Director - 20 years experience in the mining industry in Latin and North America. Former VP Legal & General Counsel for Placer Dome Americas. Held management and director positions for Placer Dome in Venezuela, Chile and the USA. Patrick Highsmith, MSc (Geochemistry), Director - 20 years in geology, geochemistry, and business development for Rio Tinto, BHP and Newmont. Currently CEO of Lithium One and Chairman of Copper One. Associated with $30 million of financings since 2008. 4 TSX.V:ORS
  • 5. ADVISORY BOARD Robert Pease, B.Sc., P.Geo, Advisor to the Board – Mr. Pease was previously the founder, CEO and a Director of Terrane Metals Corp., which owned the Mt. Milligan project until it was acquired for $700 million in 2010 by Thompson Creek Metals. He is also a former Director and Strategic Advisor to Richfield Ventures Corp., a junior gold mining company in British Columbia which was acquired earlier his year by New Gold Inc. through a plan of arrangement valued at approximately $550 million. Previously, he was employed by Placer Dome for twenty five years, most recently as General Manager, Canada Exploration and Global Major Projects. 5 TSX.V:ORS
  • 6. PROJECTS  100% owned Projects  Captain – Covers 417 sq Km – copper/gold porphyry target  LaForce – Covers 47 sq Km – high grade gold in quartz/stockwork target  Lay - Covers 21 sq Km – gold target  Joint Venture Projects  Todd Creek - 51% – Covers 200 Sq Km – numerous gold-silver and copper-gold prospects 6 TSX.V:ORS
  • 7. CAPTAIN PROPERTY – ADJOINS MT. MILLIGAN The 100% owned Captain Property covers 417 square kilometers with the primary target, a large Copper-Gold system located 30 kilometers south of the Mt. Milligan Mine (development) along the same NW Structural Trends. 7 TSX.V:ORS
  • 8. CAPTAIN PROPERTY ‐ SUMMARY  The property is large and 100% owned with major mining companies Thomson Creek, Xstrata, Goldfields and Teck working on porphyry projects in the area.  The mineralizing system features a Magnetic high associated with fringing IP/Resistivity Anomalies, potassic altered breccias and intrusive. The alteration and geochemical signatures, are consistent with alkalic porphyry systems; Afton, Mt. Milligan, Galore Creek and Ridgeway among others.  The Captain system is much larger than the initial survey area of 6 by 6 Km.  The principal drill target, the East Target, measures 1,000 by 3,000+ meters.  The Captain Target is associated with quartz monzonite intrusive with pervasive potassic/sericite altered breccia grading 0.21% Cu and 0.35g/t Au.  The conclusion is that Captain is a large, early stage copper/gold discovery very similar in nature to the MBX copper-gold deposit at Mt. Milligan.  30 locations permitted for drilling. 8 TSX.V:ORS
  • 9. CAPTAIN PROPERTY – DRILL PROGRAM December 2011 and January 2012  Approximately 1000 metres in four-holes  The program is budgeted at $250,000  The primary focus of the drilling will be to follow up and extend copper/gold mineralization intercepted in previous drilling (DDH2009-05) on the East Target.  DDH2011-01, DDH2011-02 and DDH2012-01 will be in the East Target and DDH2011-03 will test the West Target (DDH= diamond drill Hole) 9 TSX.V:ORS
  • 10. CAPTAIN TARGET – DRILL HOLE LOCATIONS Drill hole locations are in red. The three holes that appear close to each other in this graphic are 400 metres apart. Hole DDH2012-1 is centered. 10 TSX.V:ORS
  • 11. CAPTAIN PROPERTY – DRILL HOLE SUMMARY  Hole DDH2011-01 was drilled as an offset or twin hole to DDH2009-05, which intersected three metres grading 0.23% copper and 0.35 grams per tonne gold in the bottom of the hole at a depth of 137.23 metres.  The hole was drilled to a depth of 255.42 metres and intercepted highly potassic-sericite-carbonate altered volcanic rocks, porphyry dykes and hydrothermal breccia zones.  These rocks contained 5-10% disseminated sulfide minerals, including fine pyrite and chalcopyrite, from 140 metres to the end of the hole at 255.42 metres (115. 42 metres). 11 TSX.V:ORS
  • 12. CAPTAIN PROPERTY ‐ DRILL HOLE SUMMARY  Hole DDH2011-02 was located 800 metres west of hole 11-01 at the eastern edge of a magnetic high, which is believed to be related to an intrusive center.  The drill hole cut a medium to coarse grained monzonite intrusion with minor pyrite and chlorite alteration from 46.63 metres to 165.0 metres.  From 165 metres to the end of the hole at 185.32 metres, the monzonite is strongly potassic-sericite-chlorite-carbonate altered.  5-10% sulfides, including disseminated pyrite and fine chalcopyrite appear to increase in abundance towards the bottom of the hole.  The increasing alteration and sulfide content, combined with the geophysical signature in the area, is suggestive of a mineralized porphyry system strengthening to the east in the direction of hole 11- 01. 12 TSX.V:ORS
  • 13. CAPTAIN TARGET – LARGE SCALE The Captain Target is in an area of mild topography dissected by numerous logging and Forest Service Roads. 13 TSX.V:ORS
  • 14. CAPTAIN TARGET – DRILL HOLE: 09‐05 Vertical hole to 137 meters intersected potassic/sericite altered volcanics and quartz monzonite intrusive with pervasive potassic/sericite altered breccia at the bottom of the hole grading 0.21% Cu and 0.35g/t Au. 14 TSX.V:ORS
  • 15. CAPTAIN TARGET MAGNETICS The target area measures six by six kilometers consisting of a magnetic high interpreted to be a magnetite bearing intrusive measuring 1,000 to 2,000 meters wide and in excess of 5 kilometers in strike length. 30 locations are now permitted and ready for drilling. 15 TSX.V:ORS
  • 16. CAPTAIN TARGET – IP LINES 1 to 7 Within the survey area there are three separate IP chargeability anomalies flanking magnetic high anomalies having widths of 1,000 meters or more that have yet to be fully outlined. 16 TSX.V:ORS
  • 17. CAPTAIN TARGET – RESISTIVITY LINES 1 to 7 The principal IP chargeability anomaly in the central portion of the survey area measures 1,000 by 4,000+ meters and corresponds with a resistivity high; very similar in nature to the MBX copper-gold deposit at Mt. Milligan. 17 TSX.V:ORS
  • 18. EXPLORATION PLAN – 2011/2012 Exploration in the 4th quarter of 2011 and 1st quarter of 2012 is budgeted at $250,000: Captain Project: $250,000  Phase I  30 holes permitted  Program to drill 4 holes at 200 -300 metres each 18 TSX.V:ORS
  • 19. Share Structure Shares Issued & Outstanding: 65,589,313 Warrants 12,432,900 Options 3,730,000 Fully Diluted Shares: 81,752,213 Cash Position: CN$300,000 Held by Insiders (Fully Diluted): ~28% 19 TSX.V:ORS
  • 20. Contact Details Mr. David Hottman Mr. Mehran Bagherzadeh President & C.E.O Corporate Communications Orestone Mining Corp. Orestone Mining Corp. Suite 750, 625 Howe St. Suite 750, 625 Howe St. Standard Life Building Standard Life Building Vancouver, B.C. Vancouver, B.C. Canada, V6C 2T6 Canada, V6C 2T6 Phone: 604.629.1929 Phone: 604.629.1929 Fax: 604.629.1930 Fax: 604.629.1930 TSX Venture Exchange - Symbol: “ORS” Website: www.orestone.ca Email: info@orestone.ca 20 TSX.V:ORS
  • 21. MT. MILLIGAN PROJECT ‐ SUMMARY The Mt. Milligan copper-gold deposit has proven and probable reserves of 482 Mt grading 0.20% copper and 0.39 g/t gold outlined (Terrane Metals Corp. NI 43-101 Technical Report October 2009) and is currently being developed by Thompson Creek Metals Company Inc. as a large open pit mine. 21 TSX.V:ORS
  • 22. CAPTAIN TARGET ‐ ANALOGY Mt. Milligan cross section for MBX deposit Cu-Au ore zones flanking magnetic high intrusive. 22 TSX.V:ORS
  • 23. CAPTAIN TARGET ‐ ANALOGY Airborne Z-TEM surveys at Mt. Milligan, outlined zones of high resistivity associated with potassic alteration and copper-gold mineralization flanking a less resistive magnetic bearing monzonitic intrusion. 23 TSX.V:ORS