ORS Orestone Mining Corp

Orestone Mining Corp. (TSX VENTURE:ORS) ("the Company") announces that further
to the Company's news release of September 12, 2012 the TSX Venture Exchange
("TSX-V") has approved the Company's share consolidation on the basis of four
(4) pre-consolidation common shares for one (1) post-consolidation common share
of the Company.


Effective as of the opening of markets on Tuesday, September 18, 2012, the
Company will commence trading on the TSX-V on a consolidated basis. The
post-consolidated common shares of the Company will be assigned a new CUSIP
number of 686154204 (ISIN CA6861542042). As of this date Orestone has 16,397,323
shares issued and outstanding and shareholders of the Company will be receiving
a letter of transmittal from Olympia Trust Company to enable them to exchange
their old share certificates for new share certificates representing the
post-consolidated common shares.


Orestone discovered a large copper/gold porphyry system in B.C., Canada during
the Company's last drilling campaign completed on the 100% owned Captain Project
in January of 2012. The project is located 43 km north of Fort St. James and
approximately 30 km south of the $1.5 billion Mt. Milligan Mine development of
Thomson Creek Metals.


In January the Company completed a four-hole, 1,240 meter diamond drill program
utilizing HQ sized core with hole C11-01 returning an intercept of 87 metres,
from 127 metres, grading 0.230 g/t gold (Au) and 0.03% copper (Cu), including 43
metres of 0.298 g/t Au and 0.09% Cu and 16 metres of 0.434 g/t Au and 0.133% Cu
thus validating the East target area. Additionally microscopic petrographic
analysis of core samples from hole C11-01 showed a gold/copper mineralized
alteration assemblage consisting of very fine-grained ankerite-potassium
feldspar with minor kaolinite-sericite and abundant magnetite-hematite,
overprinted in part by coarse-grained potassium feldspar indicating a high
temperature environment near an intrusive source which remains open for several
kilometers to the east. 


The East target discovery area, covered by a thin veneer of glacial till 20 to
40 meters thick will be the focus of further drilling with the goal of finding
the central, higher grade core of the discovery. All permits are in place to
facilitate the planned program and 30 sites have been approved for drilling by
the B.C. Ministry of Energy and Mines. 


The East target described above represents only a small portion of the fifty
square kilometer altered system which is capable of hosting several copper/gold
mineralized porphyry deposits similar to the neighboring Mt. Milligan system 30
kilometers to the north.


For more information please visit: www.orestone.ca.

ON BEHALF OF ORESTONE MINING CORP. 

David Hottman, President and CEO

This news release has been prepared by management and no regulatory authority
has approved or disapproved the information contained herein.

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