Pre-Feasibility Study Update - Alpala Project, Cascabel Concession, Ecuador Cornerstone Capital Resources Inc. Ottawa, Ontario, CANADA
OTTAWA, Feb. 05, 2021 (GLOBE NEWSWIRE) Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (Frankfurt:GWN) (Berlin:GWN) (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 in which Cornerstone has a 15% interest¹ 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%.
SolGold PLC Announces Alpala Pre-Feasibility Study Update
Alpala Pre-Feasibility Study Update
BISHOPSGATE, LONDON / ACCESSWIRE / February 5, 2021 / The Board of Directors of SolGold (LSE:SOLG)(TSX:SOLG) wishes to provide an update regarding progress of the Pre-Feasibility Study ( PFS ) with respect to the Alpala Project ( Project ) on the Cascabel concession in northern Ecuador.
The Project Committee ( Committee ), chaired by Non-Executive Director Keith Marshall, has reviewed the work undertaken to date on the Alpala PFS and provided its recommendation to the Board on the next steps to progress to completion of a revised Alpala PFS covering the entire Cascabel concession.
The Committee has determined that additional work is required to sufficiently address a number of mine development and metallurgical alternatives and potential upsides, including the resource potential on other targets within the Cascabel concession.
SolGold PLC Announces Regional Exploration Update
Ecuador Regional Exploration Update
BISHOPSGATE, LONDON / ACCESSWIRE / February 3, 2021 / The Board and Executive Directors of SolGold ( SolGold or the Company ) (LSE:SOLG)(TSX:SOLG) are pleased to provide an exploration update on its regional exploration programme. The Company continues to pursue its strategy as an integrated explorer and developer, based on preservation of value for all shareholders. The Company maintains its plan of applying its exploration blueprint. This includes systematic and aggressive evaluation across its exploration assets in Ecuador, which are held by four wholly owned subsidiaries.
HIGHLIGHTS:
Porvenir Project, Southern Ecuador: Cacharposa Target
Final assays from Holes 1, 2, 3 and 4 at Cacharposa porphyry copper-gold target return encouraging results, including highly significant intersections of over 400m% copper equivalent:
SolGold PLC Announces Amended NI 43-101 Technical Report
Amended NI 43-101 Technical Report on the Cascabel Property, Alpala Deposit, Northern Ecuador
BISHOPSGATE, LONDON / ACCESSWIRE / January 29, 2021 / The Board of SolGold (LSE:SOLG and TSX:SOLG) is pleased to announce the filing on SEDAR of an amended and restated independent NI 43-101 Technical Report entitled: Cascabel Property NI 43-101 Technical Report, Alpala Porphyry Copper-Gold-Silver Deposit - Mineral Resource Estimation, January 2021 with an Effective date: 18 March 2020 and Amended Date: 7 January 2021 (the Technical Report).
This amended Technical Report has been relodged to recognise SolGold Plc ( the Company ) and Cornerstone Capital Resources Inc. ( Cornerstone ) as common issuers of the current Technical Report on the Cascabel Property, Alpala Porphyry Copper-Gold-Silver Deposit - Mineral Resource Estimation.
Follow us on twitter @SolGold plc ABOUT SOLGOLD SolGold is a leading resources company focussed on the discovery, definition and development of world-class copper and gold deposits. In 2018, SolGold s management team was recognised by the Mines and Money Forum as an example of excellence in the industry and continues to strive to deliver objectives efficiently and in the interests of shareholders. SolGold is the largest and most active concession holder in Ecuador and is aggressively exploring the length and breadth of this highly prospective and gold-rich section of the Andean Copper Belt. The Company operates with transparency and in accordance with international best practices. SolGold is committed to delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.