Mr. David Hottman reports

ORESTONE ADOPTS SEMI-ANNUAL FINANCIAL REPORTING

Orestone Mining Corp. has elected to rely on Coordinated Blanket Order 51-933 and move to semi-annual financial reporting.

Coordinated Blanket Order 51-933 allows eligible venture issuers listed on the TSX Venture Exchange to voluntarily move from a quarterly to a semi-annual financial reporting framework. The company's fiscal year ends on Jan. 31. Under the SAR pilot program, the company will be exempt from filing interim financial reports and related management's discussion and analysis for its first and third quarters.

• Interim period: The company will not file an interim report for the first quarter ending April 30 and the third quarter ending Oct. 31.
• Continuing reporting: The company will continue to file audited financial statements (due within 120 days of Jan. 31) and six-month interim financial reports (due within 60 days of July 31).

The company confirms it meets the pilot program's eligibility criteria, which include being a venture issuer with annual revenues of less than $10-million and maintaining a clean 12-month continuous disclosure record.

This news release is being filed pursuant to Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers).

About Orestone Mining Corp.

Orestone is a well-financed, Canadian-based company with an internationally experienced management team. The board of directors and management team have experience in all aspects of the mining business, having been involved in numerous corporate and project level successes. Orestone's property portfolio includes exposure to gold, silver and copper on projects located in Canada and Argentina. Its near-term objective on the Francisca gold project, located in Salta, Argentina, is to define an oxide gold deposit minable by open-pit methods. The company's 100-per-cent-owned Captain gold-copper project, located in British Columbia, Canada, hosts a large gold dominant porphyry system that is permitted for 79 drill locations. Both projects are road accessible and suitable for exploration year-round.