Foundation files resource price quote at Tandayama, Ecuador

Cornerstone Capital Resources Inc.[CGP-TSXV; CTNXF-OTC; GWN-Berlin, FSE] offered an individually confirmed upgrade relating to a mineral resource quote (MRE) for its Tandayama-America (TAM) porphyry copper-gold deposit situated 3 km north of the Alpala deposit at its Cascabel copper-gold porphyry joint endeavor task in northern Ecuador in which Cornerstone has a 15%interest funded through to conclusion of an expediency research study plus 6.86%of the shares of joint endeavor partner and job operator SolGold PLC[SOLG-TSX, LSE AIM; SLGGF-OTC], for an overall direct and indirect interest in Cascabel of 20.8%.

Total Mineral Resource is 233.0 million tonnes of 0.23%and 0.16 g/t gold (0.33%copper equivalent (CuEq)), consisting of 0.53 million tonnes copper and 1.20 million gold in the Indicated classification, plus 197.0 million tonnes at 0.27%copper and 0.20 g/t gold (0.39%CuEq) consisting of 0.52 million tonnes copper and 1.24 million ounces gold in the Inferred classification.

Potentially open pittable Mineral Resources consist of a higher-grade near-surface zone including 10.6 million tonnes of 0.26%copper and 0.25 g/t gold (0.41%CuEq) and 5.2 million tonnes of 0.27%copper and 0.28 g/t gold (0.45%CuEq). Possibly open pittable Mineral Resources consist of 201.0 million tonnes of 0.22%copper and 0.16 g/t gold (0.33%CuEq) in the Indicated classification, plus 61.8 million tonnes of 0.25%copper and 0.30 g/t gold (0.44%CuEq) in the Inferred classification, at a cut-off grade of 0.16%CuEq.

Mineral Resources possibly mineable by underground bulk mining techniques consist of 32.0 million tonnes of 0.26%copper and 0.14 g/t gold (0.35%CuEq) in the Indicated classification, plus 135.2 million tonnes of 0.27%copper and 0.15 g/t gold (0.37%CuEq) in the Inferred classification, at a cut-off grade of 0.28%CuEq.

Drilling continues and an upgrade to the TAM resource base is prepared.

Project Operator SolGold’s Interim CEO Keith Marshall discussed the work being advanced at Cascabel: “The TAM deposit includes additional copper and gold mineralization to Alpala’s big metal stock at the Cascabel task. The resource uses optionality and the prospective to produce financial ore previously which will match the state-of-the-art Alpala underground ore.

” The first MRE is based upon assays from the very first 18 holes. Drilling has actually continued at the TAM deposit throughout the evaluation procedure and visual mineralization from Holes 19-30 recommend prospective for future resource development in the southeast quarter of the open pit optimised shape and especially in the east and southeast depth extensions of the underground optimised shape where the greatest grade mineralization experienced so far stays open.”


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