• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    copper investing

    Cascabel Exploration Update – Alpala Mineral Resource Update Expected December 2018

    Scott Tibballs
    Oct. 05, 2018 08:54AM PST
    Base Metals Investing

    The company said drilling suggested Internal geology, grade and resource modelling indicates potential for significant growth in total metal inventory at Alpala at all cut-off grades. 

    Cornerstone Capital Resources (TSXV:CGP) has released an update on the exploration program at its Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador.

    As highlighted in the press release:

    • With over 124,000m of drill hole assays now received, a further 70,400m of drilling has been added to the existing Alpala maiden resource (MRE) 1 during 2018 of 2.3 million tonnes copper and 6.0 million ounces gold in the indicated category and 2.9 million tonnes copper and 6.3 million ounces gold in the inferred category.
    • Approximately 32,000m of further drilling is scheduled to be completed at Alpala in 2018, further adding to the MRE update.
    • Updated MRE projected for completion and release in December 2018.
    • Recent drilling highlights include: Hole 55R-D1: 870m at 0.72 percent copper equivalent (true width3 348m at 0.50 percent copper, 0.36 grams per tonne (g/t) gold) from 706m depth, including: 378m at 1.17 percent copper equivalent (true width 151m); Hole 58-D1: 984m at 1.08 percent copper equivalent (true width 394m at 0.73 percent copper, 0.56 g/t gold) from 684m depth, including: 456m at 1.71 percent copper equivalent (true width 182m); and
    • Hole 66: 634m at 1.25 percent copper equivalent (true width 254m at 0.74 percent copper, 0.81 g/t gold) from 870m depth, including; 301m at 1.88 percent copper equivalent (true width 121m), and 174m at 2.46 percent copper equivalent (true width 70m), open at depth.
    • Hole 66 intersects rich porphyry style mineralized zone containing visible gold.
    • Hole 64 intersects a new zone at Alpala NW containing primary bornite4 mineralization.
    • Assay turnaround reduced to 3 weeks.
    • Internal geology, grade and resource modelling indicates potential for significant growth in total metal inventory at Alpala at all cut-off grades.

    Click here to read the full Cornerstone Capital Resources (TSXV:CGP) press release.

    tsxv:cgpcornerstone capital resourcescopper investingcornerstone capital
    The Conversation (0)

    Go Deeper

    AI Powered
    Spools of copper wire.

    Top 5 Junior Copper Stocks on the TSXV in 2025

    Heliostar Drills 30.2m Grading 6.29g/t Gold in First Resource Conversion Holes at Ana Paula

    Heliostar Drills 30.2m Grading 6.29g/t Gold in First Resource Conversion Holes at Ana Paula

    Latest News

    Bold Ventures Receives Exploration Permits for the Burchell Gold Copper Project and Highlights Ring of Fire News

    Heritage Mining Provides Exploration and Melba Project Update

    Group Eleven Drills 6.2m of 312 g/t Ag and 0.95% Cu, incl. 2.8m of 549 g/t Ag and 1.77% Cu in a 90m Step-Out, Further Supporting Deeper Cu-Ag Target at Ballywire

    Prismo Metals Discovers Two Separate Mineralized Veins at Silver King

    Capital Raise Presentation

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    Canada One Mining

    CONE:CC

    Corazon Mining

    CZN:AU

    Blackstone Minerals

    BSX:AU

    Osisko Metals: Pure Potential

    OM:CA

    Los Andes Copper

    LA:CA

    Questcorp Mining

    QQQ:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×