Jan 03, 2012

Orestone Names Erika Vargas as Chief Financial Officer
Orestone Mining Corp. (TSX Venture Exchange-Symbol: ORS) is pleased to announce that the Company has named Erika Vargas as Chief Financial Officer after Mr. Lorne Torhjelm resigned. Ms. Vargas has a bachelor in accounting from the Universidad Juarez del Estado de Durango and a MBA from the Universidad Iberoamericana. She has been the Senior Accountant for Portal Resources Ltd. since March 2008. Prior to working in the mining industry, Ms. Vargas worked for seven years as a Controller for Scovill Fasteners Mexico, a manufacturing company with operations in North America, Europe and China.

The Company would like to thank Mr. Lorne Torhjelm for his service as the CFO of the Company since inception and wish him well in his future endeavors.

Orestone Mining Corp. is a Canadian based company headquartered in Vancouver, British Columbia that controls a portfolio of gold and gold-copper exploration projects totaling more than 700 square kilometers.

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.

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