Cascabel Project Returns Encouraging Gold and Copper Assays

MOUNT PEARL, NL - Cornerstone Capital Resources Inc. reported that recent channel sampling at its Alpala Prospect within the Cascabel Project in northern Ecuador has returned highly encouraging gold and copper assays from trenches. These results significantly expand the area of mapped and mineralized porphyry gold-copper stockwork veining in the Alpala region. The 5,000 hectare Cascabel Project is optioned to SolGold Plc (AIM code: SOLG), which can earn up to an 85% interest in the Project. SolGold is directing the exploration program and Cornerstone is implementing the program. Brooke Macdonald, President, said "The results from this follow up channel sampling program are highly encouraging. They confirm the gold-rich nature of the outcropping porphyry and expand the size of the Alpala mineralized zone that is open in all directions. The integration of datasets shows that this prospect appears to lie on top of what is believed to be a very significant porphyry gold-copper system. Large altered and geochemically anomalous areas still have to be followed up at Alpala and on multiple target areas within the concession. We are continuing to work through the permitting process required for drilling, which we expect to begin during the second quarter".