=======================================================================
Re: Corporate Update - Monday, May 17, 2010
=======================================================================
Dear Subscriber,
Many of our shareholders have been patiently waiting for the day when drilling would commence on the Gama prospect on our Shyri property in Ecuador. As reported this morning (see http://www.cornerstoneresources.com/s/NewsReleases.asp?ReportID=400180&_Type=News&_Title=10-09-Cornerstone-reports-significant-progress-on-Ecuador-permits ) that should soon be a reality.
Based on the geological potential of that project alone many analysts and letterwriters were recommending CGP before the moratorium. The following are some examples;
1. On May 15th, 2007 Jay Taylor, writing in the J. Taylor's Gold & Technology Stocks described Cornerstone as "Undervalued" and suggested a BUY up to $0.78. For more information on Jay Taylor go to http://www.miningstocks.com/.
2. On May 18th, 2007 John Kaiser, writing in the Kaiser Bottom Fish Report - Express 2007-02 asked the question, "Can betting on both the Coastport hare and the Cornerstone tortoise be smart?" and answered it with a Yes. For more information on John Kaiser go to http://www.kaiserbottomfish.com/s/Home.asp.
3. On May 22nd, 2007 Matt Badiali, writing in the S&A Gold Report Update issued his Top Ten Prospect Generator picks in the junior mineral exploration sector. Cornerstone was among that group who were invited to make a presentation to Matt and his clients at the 5th Annual True Wealth Gold & Commodities Conference in Long Beach, CA on May 30th. For more information on Matt Badiali go to http://www.dailywealth.com/ or http://www.stansberryresearch.com/. To view the Power Point presentation made there go to http://www.cornerstoneresources.com/s/Presentations.asp.
4. In his May 29th, 2007 issue of Resource Opportunities Lawerence Roulston provided a brief update to his readers about Cornerstone's work program for 2007. For more information on Lawerence Roulston go to http://www.resourceopportunities.com/s/Home.asp.
5. On May 31st, 2007 in Chicago at the Doug Casey Gold & Silver Summit, Louie Janes, senior research analyst with the Doug Casey Group, gave Cornerstone (as what was described to me by one attendee) a phenomenal recommendation on the Top micro-cap pick panel. For more information on the Casey Group go to http://www.caseyresearch.com/.
6. On June 4th, 2007 Graeme Irvine, writing in his Global Profiles LLC, featured Cornerstone for the third time in the past year. For more information on Graeme Irvine go to http://www.globalprofiles.net.
*Note -- all references were reprinted with permission.
In an update to shareholders on June 10th, 2007 I made the following comment; "Along with the chip and channel sampling, soil sampling and supportive reports by various independent consultants, the results of the geophysical survey so far supports the geological model we've been using to guide our exploration efforts. Collectively all the work leads us to an interpretation of mineralization at depth below the plateau. This view is also supported by the Ermitas breccia, a late hydrothermal breccia located on the plateau east of the Boquer�n zone that contains abundant silicic fragments, locally with pyrite-enargite mineralization. As previously reported, an individual mineralized clast from the breccia returned a grade of 3.0 g/t Au and the breccia matrix returned a grade of 5.7 g/t Au, providing indirect evidence that the breccia has sampled and carried gold mineralization hosted in a silicic zone at depth. These grades indicate potential for discovery of a buried, gold-mineralized, sulphide-bearing silicic zone(s) associated with the broader alteration below the plateau, typical of high sulphidation deposits, including Quimsacocha."
To view comments by Dr. Jeffery W. Hedenquist on the Shyri property or to view other information about the Shyri property and its various high potential targets visit please visit http://www.cornerstoneresources.com/s/Ecuador.asp?ReportID=136203
Best regards.
Glen
Glen H. McKay, Chairman
Cornerstone Capital Resources Inc.
Excellence in Mineral Exploration
"People, Process, Projects"
TSXV - "CGP" / OTC - "CTNXF"
F - "GWN" / B - "GWN"
Email: ghmckay@crigold.com
www.cornerstoneresources.com
Toll Free 1-877-277-8377
=======================================================================
Copyright (c) 2010 CORNERSTONE CAPITAL RESOURCES INC. (CGP) All rights
reserved. For more information visit our website at
http://www.cornerstoneresources.com/ or send
mailto:info@cornerstoneresources.com
Message sent on Mon May 17, 2010 at 4:45:00 PM Pacific Time
=======================================================================
.
|
Cornerstone Capital Resources Inc
|
|
EN DÉVELOPPEMENT |
CODE : CGP.V |
ISIN : CA21922J2083 |
CUSIP : 21922J208 |
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Cornerstone est une société d’exploration minière basée au Canada. Cornerstone est en développement de projets d'uranium au Canada, et détient divers projets d'exploration au Canada, au Chili et en Equateur. Son principal projet en développement est AILLIK au Canada et ses principaux projets en exploration sont CHALEUR, ANAKTALIK, AUCOIN, LABRADOR TROUGH, VOISEY'S BAY PROPERTY, DEER LAKE PROJECT, DORCHESTER, GOSHEN, EL STRATO, LONG LAKE, NOTAKWANON LAKE, TRUE GRIT, CAPE RAY, COLCHESTER, CODROY PROJECT, LONG HARBOUR, OKAK, GARLAND, KAUK, KONRAD, NOEL PAUL'S BROOK, BOBBY'S POND, LITTLE DEER, CONEY ARM et INDIAN ARM au Canada, MACARA, BELLA MARIA, MONTERREY et SIERRAMIN en Equateur et LA FORTUNA CHILE au Chili. Cornerstone est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,2 milliards CA$ (934,1 millions US$, 880,3 millions €). La valeur de son action a atteint son plus bas niveau récent le 04 mars 2016 à 0,02 CA$, et son plus haut niveau récent le 18 septembre 2020 à 6,53 CA$. Cornerstone possède 299 560 000 actions en circulation. |