The Conversation (0)
Cornerstone and Avalon Minerals sign binding letter of intent for Bramaderos copper-gold concession in southern Ecuador
Apr. 10, 2017 08:17AM PST
Base Metals Investing
Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP)(FRANKFURT:GWN)(BERLIN:GWN)(OTCBB:CTNXF) announces its subsidiary La Plata Minerales S.A. (“PLAMIN”) has signed a binding letter of intent with Avalon Minerals Ltd. (ASX:AVI) whereby Avalon will have the right to earn a majority interest in the 4,949 hectare “Bramaderos” concession in southern Ecuador subject to satisfaction of certain conditions. …
Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP)(FRANKFURT:GWN)(BERLIN:GWN)(OTCBB:CTNXF) announces its subsidiary La Plata Minerales S.A. (“PLAMIN”) has signed a binding letter of intent with Avalon Minerals Ltd. (ASX:AVI) whereby Avalon will have the right to earn a majority interest in the 4,949 hectare “Bramaderos” concession in southern Ecuador subject to satisfaction of certain conditions.
As quoted in the press release:
Highlights
Avalon secures right to earn a majority interest in the highly prospective Bramaderos gold and copper-gold opportunity in Ecuador
Cornerstone to again work with Avalon team on a program aimed at repeating previous discovery success
