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Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP)(FRANKFURT:GWN)(BERLIN:GWN)(OTCBB:CTNXF) announces the following project update for the Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador. As quoted in the press release: HIGHLIGHTS: Hole 23R intersects mineralized volcanic and fragmented (breccia) rocks, with increasing chalcopyrite and molybdenum mineralization. Hole 23R, at a current depth of …
Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP)(FRANKFURT:GWN)(BERLIN:GWN)(OTCBB:CTNXF) announces the following project update for the Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador.
As quoted in the press release:
HIGHLIGHTS:
Hole 23R intersects mineralized volcanic and fragmented (breccia) rocks, with increasing chalcopyrite and molybdenum mineralization. Hole 23R, at a current depth of 579.1m, is planned to intersect untested mineralization from approximately 700m depth to approximately 1800m below surface and has a planned hole depth of at least 2000m.
Hole 24, Alpala Southeast, at a current depth of 868.7m, is intersecting chalcopyrite mineralization and multi-directional porphyry style quartz-chalcopyrite-bornite veining. Copper sulphide mineralization, with low pyrite content, below 738.9m, indicates probable proximity to the core of the Greater Alpala Porphyry System.
