Cornerstone Capital Resources Inc.

03:17 PM EST - Cornerstone Capital Resources Inc. : Announced the following update on the drilling results of holes 23R-D1 and 24-D1R, and the progress of drilling, at the Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador. Highlights: Hole 23R-D1 (Alpala Central) assay results return 695.1m grading 1.37% copper equivalent2 (0.72% copper, 1.02 g/t gold) from 694.9m, including 458.0m grading 1.68% copper equivalent (0.88% copper, 1.26 g/t gold) from 838.0m. Hole 24-D1R (Alpala Southeast) final assay results return 512.9m grading 0.53% copper equivalent (0.34% copper, 0.30 g/t gold) from 755.2m, including 262.8m grading 0.86% copper equivalent (0.52% copper, 0.53 g/t gold) from 755.2m. Cornerstone Capital Resources Inc. shares (V.CGP) are trading up $0.01 at $0.38.