Drilling At Espiritu Target At The Bramaderos Gold Project

OTTAWA - Cornerstone Capital Resources Inc. reported on its Bramaderos gold and copper joint venture in southern Ecuador. Highlights: Drilling has started at the Espiritu gold-silver target at Bramaderos; The first hole will test the depth extent of the gold-silver polymetallic system which assayed: in trench channel samples: 21m at 82.4g/t silver, 0.3g/t gold, 1.4% zinc and 1.2% lead, including 4m at 415g/t silver, 0.9g/t gold, 6.9% zinc and 6% lead; in surface rock chip samples, 4.2g/t gold and 101g/t silver, 11.9g/t gold and 175g/t silver, and 11.6g/t gold and 2,962g/t silver. Espiritu is the first target of many that Cornerstone and Sunstone intend to follow up in the current drill campaign at Bramaderos; & At the E-11 gold-silver target at Bramaderos, soil sampling results have defined a coherent gold-silver-zinc anomaly measuring 300m x 100m

A 2,000m drilling program has commenced at the Espiritu gold-silver and Brama targets within its Bramaderos project in southern Ecuador. The initial five-hole, 600m program at the Espiritu gold-silver target is designed to test the depth extent of high-grade trench and rock chip samples and is expected to be completed in early October with assay results expected in mid-October.

In addition to the preparation for drilling over the past few months, exploration teams have been advancing work on Espiritu and on other Espiritu-style targets that are located around the porphyry systems at Bramaderos.

Geological mapping and in-fill soil sampling have been completed at Espiritu and are well advanced at E1, E3, and Espiritu Norte. Similar programs will be undertaken in coming months in other areas such as E2, E10, and E11. In-fill soil sampling at E-1 has outlined a coherent gold-silver-zinc multi-element anomaly over 300m by 100m. Previous rock chip results from E-1 identified areas of highly anomalous gold and silver in bedrock (up to 32.5g/t Au and 271.5g/t Ag). Limited historical drilling at E-1 is considered to have been ineffective because it was orientated parallel to the interpreted mineralized structures, instead of drilling across the structures. Should drilling at Espiritu be successful, a pipeline of similar targets will be advanced to the drilling stage over coming months. These may include additional gold-silver geochemical targets in the southern part of the concession at E5, E6, E7, E8 and E9.