Ottawa - Cornerstone Capital Resources Inc. ('Cornerstone' or 'the Company') (TSXV: CGP) (Frankfurt: GWN) (Berlin: GWN) (OTC: CTNXF) is pleased to announce the following update on 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%.

HIGHLIGHTS

Drilling at the Tandayama-America Porphyry Copper-Gold Target at Cascabel is currently intersecting intense visible chalcopyrite2 copper sulphide mineralization within a quartz-diorite intrusion.

The mineralization intersected at Tandayama-America is very similar to the 'QD10' quartz-diorite source intrusion at the Alpala deposit on Cascabel 3km to the south. At Alpala, the QD10 source intrusion is almost wholly responsible for the presence of the high-grade core of the deposit which boasts 442 Mt at 1.40% CuEq3.

Rig 5 is drilling the first hole at Tandayama-America, TAD-20-001, and is at a current depth of 595m. Drilling initially intersected visible chalcopyrite copper sulphide mineralization from 55m depth, with significant increase in chalcopyrite abundance occurring from 327m. At 524.5m depth, drilling passed into a zone of intense visible chalcopyrite copper sulphide mineralization within a quartz-diorite intrusion.

Detailed core logging across the quartz-diorite intrusion intersected so far in TAD-20-001 estimates chalcopyrite percentages of up to 4 % by volume with associated porphyry style total quartz vein abundance of up to a measured 35 % by volume.

The Tandayama-America target characterized by coincident Cu-Mo-Au soil geochemical highs centred upon outcropping mineralization in Tandayama and America creeks, which remained untested previously due to the high demand of drilling rigs at the Alpala Deposit.

SolGold CEO, Nick Mather, commented on today's update at Cascabel: 'This discovery will impact significantly on the upside for the Alpala development. We will have to carefully assess the impact on currently planned site infrastructure, however it is a high-quality problem. More copper and gold discoveries will add to Alpala's already impressive credentials in a robust copper and gold market and a supportive nation. The quartz diorite host with close similarities to the richly endowed QD10 at Alpala is indeed an encouraging element.'

About Cornerstone

Cornerstone Capital Resources Inc. is a mineral exploration company with a diversified portfolio of projects in Ecuador and Chile, including the Cascabel gold-enriched copper porphyry joint venture in northwest Ecuador. Cornerstone has a 21.4% direct and indirect interest in Cascabel comprised of (i) a direct 15% interest in the project financed through to completion of a feasibility study and repayable at Libor plus 2% out of 90% of its share of the earnings or dividends from an operation at Cascabel, plus (ii) an indirect interest comprised of 7.5% of the shares of joint venture partner and project operator SolGold Plc. Exploraciones Novomining S.A. ('ENSA'), an Ecuadoran company owned by SolGold and Cornerstone, holds 100% of the Cascabel concession. Subject to the satisfaction of certain conditions, including SolGold's fully funding the project through to feasibility, SolGold Plc will own 85% of the equity of ENSA and Cornerstone will own the remaining 15% of ENSA.

Contact:

Tel: (514) 904-1333

Email: Mario@mi3.ca

Cautionary Notice

This news release may contain 'Forward-Looking Statements' that involve risks and uncertainties, such as statements of Cornerstone's beliefs, plans, objectives, strategies, intentions and expectations. The words 'potential,' 'anticipate,' 'forecast,' 'believe,' 'estimate,' 'intend', 'trends', 'indicate', 'expect,' 'may,' 'should,' 'could', 'project,' 'plan,' or the negative or other variations of these words and similar expressions are intended to be among the statements that identify 'Forward-Looking Statements.' Although Cornerstone believes that its expectations reflected in these 'Forward-Looking Statements' are reasonable, such statements may involve unknown risks, uncertainties and other factors disclosed in our regulatory filings, viewed on the SEDAR website at www.sedar.com. For us, uncertainties arise from the behaviour of financial and metals markets, predicting natural geological phenomena and from numerous other matters of national, regional, and global scale, including those of an environmental, climatic, natural, political, economic, business, competitive, or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our Forward-Looking Statements. Although Cornerstone believes the facts and information contained in this news release to be as correct and current as possible, Cornerstone does not warrant or make any representation as to the accuracy, validity or completeness of any facts or information contained herein and these statements should not be relied upon as representing its views after the date of this news release. While Cornerstone anticipates that subsequent events may cause its views to change, it expressly disclaims any obligation to update the Forward-Looking Statements contained herein except where outcomes have varied materially from the original statements.

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