Announcement Date: 2022-07-19
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Cornerstone Capital Resources Inc.
Project name: Bramaderos
Location: Ecuador
Commodities: Gold,Copper
Highlight: Drilling results incl. 50.0m @ 0.83g/t Au, 0.1% Cu from 102m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: OTTAWA, July 19, 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 Ltd. (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 The results from all holes drilled at Brama-Alba show clearly that higher grade mineralization occurs in sub-domains within the larger 1.2km-long Brama-Alba system (Figures 3, 4, 5) and that these higher-grade domains cluster in the upper 400m (Figure 4). The results provide more firm evidence that Brama hosts a substantial gold-copper porphyry system (Figures 3, 4, 5). There is also potential for this system to extend significantly to adjacent targets Melonal (west) and Playas (east) (Figure 6). These areas are expected to be drill tested in 2022. Assay results for drill holes BMDD019, and 027 to 032 are provided in Table 1 below and shown in Figures 3, 4, and 5.
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