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Cornerstone Capital Resources Inc.

09:46 AM EST - Cornerstone Capital Resources Inc. : announced the following project update for the Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador, in which the Company has a 15% interest financed through to completion of a feasibility study. Drill hole CSD-14-009 total downhole interval extends over one kilometre and remains open at depth, currently at a depth of 1700.8m with drilling to continue to deeper levels. Bulk intersection of 1270.8m is grading 0.59% copper and 0.77 g/t gold (~485m true width) for 1.06% copper equivalent from 430m to 1700.8m. Cornerstone Capital Resources Inc. shares V.CGP are trading unchanged at $0.11.