Base Metals

Cornerstone has a total direct and indirect interest in Cascabel of approximately 23 percent.

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

Cornerstone has a 15 percent interest financed through to completion of a feasibility study and 10 percent of the shares of joint venture partner and project operator SolGold, for a total direct and indirect interest in Cascabel of approximately 23 percent.

As highlighted in the press release:

  • Hole 41-D1-D2 (Alpala Central infill drilling):
    • 582m (true width 233m) at 1.18 percent copper equivalent (0.64 percent copper, 0.85 grams per tonne (g/t) gold) (from 1048m depth), incl.
    • 340m (true width 136m) at 1.54 percent copper equivalent (0.78 percent copper, 1.21 g/t gold) (from 1172m depth.
  • Hole 63 (Alpala extension drilling, Western lobe): thus far over 170m of copper sulphide mineralization. Drilling continues.
  • Hole 58-D1 (Alpala extension drilling, NW margin): thus far over 640m of copper sulphide mineralization. Drilling continues.
  • Hole 55R-D1 (Alpala extension drilling, NW margin): thus far over 480m of copper sulphide mineralization. Drilling continues.
  • Hole 62 (Alpala extension drilling, East margin): approximately 400m of visible copper sulphide mineralization. Assay results pending.
  • Hole 65 currently encountering strong mineralization from 762m depth to 832m depth on the Western lobe. Drilling continues.

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

Featured

MARKETS

Markets
TSX20383.75+97.55
TSXV701.74+1.08
DOW32120.28+191.66
S&P 5003978.73+37.25
NASD11434.74+170.29
ASX7128.80-20.10

COMMODITIES

Commodities
Gold1853.02-14.28
Silver22.00-0.13
Copper4.27+0.02
Palladium2015.00+18.00
Platinum949.50-6.50
Oil110.85+0.52
Heating Oil3.76+0.01
Natural Gas8.96-0.01

DOWNLOAD FREE REPORTS

×