OTTAWA, Aug. 10, 2021 (GLOBE NEWSWIRE) Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV-CGP) (OTC-CTNXF) (FWB-GWN1) reports that…
BRISBANE, AUSTRALIA; OTTAWA, ON and LONDON, UK / ACCESSWIRE / June 2, 2021 / SolGold (LSE:SOLG)(TSX:SOLG) ("SolGold") and Cornerstone Capital Resources Inc. (CGP)(CTNXF)(GWN) ("Cornerstone") (together
SolGold and Cornerstone to cooperate in Cascabel copper project northernminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northernminer.com Daily Mail and Mail on Sunday newspapers.
SolGold and Cornerstone decide to pull together in Ecuador
SolGold’s Cascabel copper-gold project, 180 km north of the capital Quito. (
Image courtesy of SolGold)
SolGold (LON, TSX: SOLG) and shareholder Cornerstone (TSX-V: CGP) have ended a two-year standoff that cost the miner’s chief executive his post, agreeing to jointly advance the Cascabel copper-gold project in Ecuador.
The move would allow the parties to explore financing options for the mine, which is expected to begin production in 2025.
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Canada’s Cornerstone has a 6.9% stake in SolGold, making it the miner’s fourth-biggest shareholder after BHP, Newcrest and DGR Global. The Ontario-based junior also holds a 15% interest in the Cascabel concession’s holding company ENSA.
Pre-Feasibility Study Update - Alpala Project, Cascabel Concession, Ecuador Cornerstone Capital Resources Inc.
OTTAWA, April 08, 2021 (GLOBE NEWSWIRE)
Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (Frankfurt:GWN1) (Berlin:GWN1) (OTC:CTNXF) is pleased to announce the following update on the status of the Pre-feasibility Study (PFS) on the Alpala Project at its Cascabel copper-gold porphyry joint venture project in northern Ecuador (the “Project”) in which Cornerstone has a 15% interest
1 financed through to completion of a feasibility study plus 7.5% of the shares of joint venture partner and Project operator SolGold Plc, for a total direct and indirect interest in Cascabel of 21.4%.