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Drilling Begins At Cascabel Project In Ecuador
Drilling Begins At Cascabel Project In Ecuador
MOUNT PEARL, NL – Cornerstone Capital Resources Inc. reported that drilling has commenced at the Alpala prospect at the Cascabel copper-gold project in Ecuador. The first drill hole, CSD-13-001, is positioned to test the stock work zone of mineralization which has been sampled on surface by trenching (TR46) yielding 45.6 m @ 0.59% Cu and 0.81 g/t Au. This hole is planned to have a depth of 300 meters and will continue if mineralization is encountered below this level. Following completion of CSD-13-001, the rig will be moved to drill site CSD-13-002 which is targeted to test beneath surface trench results (TR47) of 56.93 m @ 0.34% Cu and 1.16 g/t Au. Alpala is only one of several large anomalies at Cascabel, which Cornerstone believes has the potential to host a major discovery. Sol Gold Plc holds a 50% interest and can earn up to 85% of Exploraciones Novo mining S.A. (ENSA), the local subsidiary of Cornerstone, which holds the Cascabel concession.
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