Cornerstone Capital is pleased to provide an update on exploration activities from the Cascabel gold-copper porphyry project in Ecuador. The 5,000 hectare Cascabel Project is optioned to SolGold Plc (AIM code: SOLG), which is earning a 65% initial interest in the Project by spending $7.8 million over 4 years (see news releases dated April 10 and [...]
MOUNT PEARL, NEWFOUNDLAND -- (Marketwire) -- 08/31/12 -- Cornerstone Capital Resources Inc. ("Cornerstone") (TSX VENTURE: CGP) (FRANKFURT: GWN) (BERLIN: GWN) (OTCBB: CTNXF) announced today that a National Instrument 43-101 ("NI 43-101") compliant Technical Report and Mineral Resource Estimate for its 100% owned Cape Ray gold-silver project, which [...]
Cornerstone Capital and 50% joint venture partner Thundermin Resources announce a NI 43-101 compliant mineral resource estimate for the 100% owned, past-producing Whalesback Copper Deposit located approximately 10 km north of Springdale in north-central Newfoundland. The resource estimate, which was prepared by P&E Mining Consultants Inc. of [...]
Cornerstone Capital and SolGold announce that they have signed a definitive option agreement finalizing the terms of an option/joint venture arrangement for Cornerstone's 100% owned 5,000 hectare Cascabel gold-copper-silver property in northern Ecuador and replacing their letter of intent announced on April 10, 2012.
Cornerstone announced today an initial NI 43-101 compliant mineral resource estimate for its 100% owned Cape Ray gold-silver project located in southwestern Newfoundland. The mineral resource estimate was prepared by Mercator Geological Services of Dartmouth, Nova Scotia and was completed on two separate mineralized zones: 1) the 51 Zone of the [...]
Cornerstone Capital and 50% joint venture partner Thundermin Resources announce that they have retained P&E Mining Consultants of Brampton, Ontario to undertake a NI 43-101 compliant mineral resource estimate for the 100% owned, past-producing Whalesback Copper Mine. Recent drilling completed by Cornerstone and Thundermin at Whalesback has extended [...]
Cornerstone Capital Resources today announced that the Ministry of Environment of Ecuador has granted the Environmental License for Cornerstone's Bella Maria porphyry gold-copper project located in El Oro province in southern Ecuador. The license is valid for the 4-year initial exploration phase (prior to drilling) of the 1,401 hectare concession [...]
Cornerstone Capital announced today that the Company has been authorized by the Ministry of Non-Renewable Natural Resources - Ministerio de Recursos Naturales No Renovables (MRNNR) to resume the exploration activities corresponding to the initial exploration phase (prior to drilling) on Cornerstone's Bella Maria porphyry gold-copper project located [...]
Cornerstone and 50% joint venture partner Thundermin Resources Inc. announce that a recently completed, 6,198 m, 14 hole drill program on the 100%-owned, past-producing Whalesback Copper Deposit has extended the deposit to a vertical depth of 625 m below surface and from 50-100 m to the east and west of the historical deposit strike length at [...]
Cornerstone today announced the sampling results of three additional trenches and completion of the surface exploration program at the La Fortuna copper-silver project located in the Valparaíso Region of central Chile, approximately 100 km north of Santiago. All technical data from the project has been incorporated into a 3D model, and a Phase 1 [...]
Cornerstone Capital announces that pursuant to its news release dated February 22, 2011, wherein it announced that it had entered into an agreement to explore the Miocene gold-silver- copper project located in northern Chile, it has now issued the first tranche of 307,692 common shares and paid the sum of CAD$20,000 to the licensors of a [...]
Cornerstone Capital today announced that a US$1.7 million exploration program has been approved by its joint venture partner, Intrepid Mines, for the second quarter ("Q2") 2012 on the Shyri property located in Azuay province in southern Ecuador. Intrepid is funding 100% of the program, after completion of which it will have earned its initial 60 [...]