| Announcement Date: | 2022-03-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Cornerstone Capital Resources Inc. |
| Project name: | Bramaderos |
| Location: | Ecuador |
| Commodities: | Gold,Silver,Copper,Molybdenum |
| Highlight: | Drilling results incl. 223.7m @ 0.58g/t Au, 0.13% Cu, 40.9ppm Mo, 1.2g/t Ag from 107.6m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | OTTAWA, March 07, 2022 — Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP; OTC:CTNXF; FWB:GWN1) is pleased to provide an update on its Bramaderos gold and copper joint venture in southern Ecuador (see Figures 1 and 2) in which it has a 12.5% interest carried by JV partner and project operator Sunstone Metals Inc. (ASX: STM) through to the start of commercial production (see “About Bramaderos”, below). Figures related to this news release can be seen in PDF format by accessing the version of this release on the Company’s website (www.cornerstoneresources.com) or by clicking on the link below Holes BMDD021 and BMDD022 were drilled below and above the previously reported holes BMDD012 and 020 (see news releases dated November 18, 2021, and January 20, 2022). Hole BMDD023 was drilled to the south, with an approximate 50m step out from BMDD012. Drill hole BMDD012 intersected 111m at 2.35g/t gold (from 93m), including an upper high-grade interval of 7.2m at 27g/t gold, and drill hole BMDD020 intersected 193.7m (from 164m) at 0.5g/t gold and 0.16% copper, including a high-grade zone of 21m at 0.91g/t gold and 0.17% copper. Adequate drilling and analysis |
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