Hole 16 Results Extend Alpala Central High Grade Mineralization At Cascabel

OTTAWA, ON – Cornerstone Capital Resources Inc. reported an update for the Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador, in which the Company has a 15% interest financed through to completion of a feasibility study. SolGold Plc is funding 100% of the exploration at Cascabel and is the operator of the project. Hole 16 final results received, returning another high grade intersection from the Alpala deposit of: 1145.6m @ 0.63% Copper and 0.78 g/t Gold (1.25% CuEq) from 516m, including 856.0m @ 0.80% Copper and 1.04 g/t Gold (1.62% CuEq) from 548m. 

This broad zone of porphyry style copper and gold mineralization includes two high grade zones: Upper Zone – 152m @ 1.18% Copper and 1.69 g/t Gold (2.52% CuEq) from 612m (cut greater than 0.7% Copper); 108m @ 1.46% Copper and 2.19 g/t Gold (3.19% CuEq) from 656m (cut greater than 1.0% Copper), and the Lower Zone – 373.6m @ 1.00% Copper and 1.34 g/t Gold (2.06% CuEq) from 928m; (cut greater than 0.7% Copper); 367.6m @ 1.01% Copper and 1.35 g/t Gold (2.08% CuEq) from 934m (cut greater than 1.0% Copper).