CGP is funded right to feasibiliy..13 Nov 2018 13:31
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Cascabel Exploration Update – Alpala Deposit Growing in Size and Quality
November 13, 2018 08:00 ET | Source: Cornerstone Capital Resources Inc.
photo-release
Table 2:
Table 2:
Recent drilling intercepts post data cut-off date for the (in progress) Mineral Resource Estimate (MRE) projected for release in December 2018.
Cornerstone Capital Resources Inc.
OTTAWA, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (Frankfurt:GWN) (Berlin:GWN) (OTC:CTNXF) is pleased to announce the following update on the exploration program at its 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 and repayable out of Cornerstone’s share of project cash flow, plus 9.25% of the shares of joint venture partner and project operator SolGold Plc, for a total direct and indirect interest in Cascabel of approximately 23%