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RSS FeedsCornerstone Announces Extremely Positive PEA Results for Cascabel Project
(WorldNews Canada)

 
 

20 may 2019 15:28:19

 
Cornerstone Announces Extremely Positive PEA Results for Cascabel Project
(WorldNews Canada)
 


OTTAWA, May 20, 2019 (GLOBE NEWSWIRE) -- Cornerstone Capital Resources Inc. (`Cornerstone` or `the Company`) (TSXV:CGP) (Frankfurt:GWN) (Berlin:GWN) (OTC:CTNXF) is pleased to announce the results of the Preliminary Economic Assessment (`PEA`) for its Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador (Figure 1). The Company has a 22.8% direct and indirect interest in Cascabel comprised of (i) a direct 15% interest in the project financed through to completion of a feasibility study and repayable out of Cornerstone´s share of project cash flow, plus (ii) an indirect interest comprised of 9.2% of the shares of joint venture partner and project operator SolGold...


 
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