• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • 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 Minerals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    copper-investing

    Cornerstone Capital Provides Cascabel Exploration Update – Holes 19 to 25

    Priscila Barrera
    Apr. 04, 2017 08:26AM PST
    Base Metals Investing

    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 19 final results return: 1344m @ 0.44 % copper and 0.28 g/t gold from 268m (0.62% CuEQ at …

    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 19 final results return:

      • 1344m @ 0.44 % copper and 0.28 g/t gold from 268m (0.62% CuEQ at 0.10% CuEq cut-off, true width: 484m), including:
        • 980m @ 0.55 % copper and 0.36 g/t gold from 514m (0.78% CuEq at 0.30% CuEq cut-off, true width: 353m), and
        • 552m @ 0.68 % copper and 0.45 g/t gold from 822m (0.96% CuEq at 0.5% CuEq cut-off, true width: 199m).
    • Hole 20R intersects strongly mineralized porphyry clasts within hydrothermal breccia returning open ended intersection of:
      • 498.4m @ 0.20% copper and 0.15 g/t gold from 844m (0.29% CuEq at 0.10% CuEq cut-off, true width: 130m), including:
        • 126.0m @ 0.27 % copper and 0.32 g/t gold from 1136m (0.47% CuEq at 0.30% CuEq cut-off, true width: 33m), and
        • 44.0m @ 0.27 % copper and 0.58 g/t gold from 1202m (0.64% CuEq at 0.50% CuEq cut-off, true width: 11m).
    • Hole 21 intersects copper sulphide mineralization from around 685m to 1610m depth. Assay results for Hole 21 are expected in late April 2017.
    • Hole 22 intersects copper sulphide mineralization from 253m to approximately 1150m depth. Assay results for Hole 22 are expected early in April 2017.
    • Hole 23R intersects hydrothermal breccia and strong phyllic alteration, with the presence of mineralized porphyry clasts in parts of the breccia. Hole 23R, at a current depth of 277.0m, is planned to intersect deep untested pockets of mineralization up to 1800m below surface and has a planned hole depth of at least 2000m.
    • Hole 24 continues drilling at Alpala Southeast, at a current depth of 552.0m testing some 570m to the southeast of Hole 23R. Hole 24 is planned to extend the known mineralized corridor at Alpala to some 1150m from Hole 13 in the northwest.
    • Hole 25 continues drilling at Hematite Hill, at a current depth of 377.7m testing some 250m to the southeast of Hole 23R. To date Hole 25 has intersected hydrothermal breccia with strong phyllic alteration and trace chalcopyrite mineralization, and has a planned hole depth of 2000m.
    • A 4th man-portable rig will arrive at site early in April 2017. Arrival of Rigs 4, 5, 6 and 7 over the coming two quarters will also see drill testing expanding to Alpala East, Alpala West, Carmen, Triviño and Aguiñaga by mid-year.

    Click here for the full text release

    tsxv-cgpcopper-investingjoint-venture
    The Conversation (0)

    Go Deeper

    AI Powered
    C3 Metals Intersects 123 Metres of 1.28% Copper, 0.50 g/t Gold at Jasperoide With Drilling Continuing into New Mineralized Target at Cresta Verde

    C3 Metals Intersects 123 Metres of 1.28% Copper, 0.50 g/t Gold at Jasperoide With Drilling Continuing into New Mineralized Target at Cresta Verde

    Collective Mining Makes a Significant New Discovery at the San Antonio Project, Drilling 710 Metres at 0.53 g/t Gold Equivalent from Surface

    Latest News

    Tartisan Nickel Corp. Acquires Additional Nickel-Copper Claims at Turtle Pond, Northwestern Ontario

    Fauro Property Delivers Multiple Multi-Ounce Gold Assay Hits

    Nine Mile Metals Intersects 44 Meters of Copper Mineralization and Provides Drill Program Update

    Oreterra Announces $6,000,000 Private Placement to Support First-Ever Drilling of the Trek South Porphyry Copper-Gold Prospect, Golden Triangle, BC

    FPX Nickel: Public Comment Period Opens for Baptiste Project

    More News

    Outlook Reports world

    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

    Canada One Mining  (CONE:CC)
    CONE:CC

    Raptor Resources

    Raptor Resources  (RAP:AU)
    RAP:AU

    Osisko Metals

    Osisko Metals (OM:CC)
    OM:CC

    Questcorp Mining

    Questcorp Mining (QQQ:CC)
    QQQ:CC

    Copper Quest Exploration

    Copper Quest Exploration (CQX:CC)
    CQX:CC

    Empire Metals

    Empire Metals  (EPMLF)
    EPMLF
    More featured stocks

    Browse Companies

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