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ENAMI and Cornerstone awarded new concessions near Cascabel
Cornerstone Capital Resources (“Cornerstone” or “the Company”) (TSXV:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (OTCBB:CTNXF) announces its joint venture partner, Ecuador State Mining Company ENAMI EP, has been granted a number of mineral concessions in Imbabura and Carchi provinces in the same area as the Cascabel and the Llurimagua concessions, for exploration by the ENAMI- CESA strategic exploration joint …
Cornerstone Capital Resources (“Cornerstone” or “the Company”) (TSXV:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (OTCBB:CTNXF) announces its joint venture partner, Ecuador State Mining Company ENAMI EP, has been granted a number of mineral concessions in Imbabura and Carchi provinces in the same area as the Cascabel and the Llurimagua concessions, for exploration by the ENAMI- CESA strategic exploration joint venture. Eight concession titles totaling more than 37,182 hectares were granted on March 3rd by the Ministry of Mining. It is expected that additional titles in northwest Ecuador will be granted in the coming weeks.
As quoted in the press release:
Brooke Macdonald, Cornerstone’s CEO, said: “We are pleased to be working with our partner ENAMI and its management and technical teams in exploring these first eight mining titles in the highly prospective and newly discovered Cascabel porphyry copper-gold district of northwest Ecuador. We believe there are more large porphyry copper-gold and copper-molybdenum deposits to be found in this mineralized belt. This is an exciting time for Cornerstone and ENAMI”.
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