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Cornerstone Resources Inc.

03:40 PM EST - Cornerstone Resources Inc. : announced that it and its joint venture partner, Thundermin Resources Inc. have intersected high grade copper mineralization assaying 13.4% Cu over 0.5 m, 4.6% Cu over 4.2 m and 5.0% Cu over 16.5 m, including intervals of 6.1% Cu over 5.1 m and 9.2% Cu over 5.5 m within hole LD-10-39 which was drilled in the upper portion of the Little Deer Copper Deposit. The Deposit is located approximately 10 km north of Springdale in north-central Newfoundland. Cornerstone Resources Inc. shares V.CGP are trading up $0.01 at $0.40.