cornerstone capital resources inc. · 2015-08-26 · although cornerstone capital resources...

TSXV-CGP OTC-CTNXF F-GWN Exploring World Class Mineral Districts

Cornerstone Capital Resources Inc.

Part 1. - Prospect Generation in Ecuador, the most underexplored part of the Andes

Part 2. - Project Exploration in the core of a new

mineralized district in Northern Chile

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August 2015

TSXV-CGP OTC-CTNXF F-GWN

CAUTIONARY STATEMENTS

This presentation includes ‘Forward-Looking Statements’ as well as historical information. These statements include Cornerstone Capital Resources’ continued advancement of its mineral exploration programs. When used in this presentation, the words “potential,” “anticipate,” “forecast,” “believe,” “estimate,” “expect,” “may,” “project,” “plan,” and similar expressions are intended to be among the statements that identify ‘Forward-Looking Statements.’ Although Cornerstone Capital Resources 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 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 Capital Resources believes the facts and information contained in the pages of this presentation to be as correct and current as possible, Cornerstone Capital Resources does not warrant or make any representation as to the accuracy, validity or completeness of any facts or information contained in these pages. Nothing in this presentation constitutes either an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction. The technical information contained in this presentation has been reviewed and approved by Yvan Crepeau, P.Geo, MBA, Cornerstone’s VP Exploration and President of Cornerstone Ecuador SA and Minera Cornerstone Chile, who is a qualified person in accordance with National Instrument 43-101.

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PROPERTIES

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CHILE

100% - OWNED PROPERTIES Miocene - Porphyry Au-Cu and Epithermal Au-Ag

JOINT VENTURED PROPERTIES

Cascabel – Porphyry Cu –Au (SolGold) La Encrucijada – Epithermal Au-Ag (SolGold) Macara – Multiple targets Au-Cu (Newmont Ventures)

100% - OWNED PROPERTIES Vetas Grandes – Epithermal Au-Ag Bella Maria – Porphyry and breccia hosted Au-Cu Caña Brava – Porphyry Au-Cu & Epithermal Au-Ag

PROJECT GENERATION Genex ENAMI EP agreement

CANADA Head Office: Mount Pearl, NL ECUADOR

TSXV-CGP OTC-CTNXF F-GWN 4

• Cornerstone Capital Resources Inc. (TSX-V:CGP) o Prospect Generator o Focus on Ecuador and Chile

• Cornerstone Ecuador SA (CESA) o Since 2005 o Investment: >$US 30M, >75% by partners o SA and JV model o Approach: GENEX o Partners and projects (JVs and 100%-owned) o Current strategy

• Exploraciones Novomining SA (ENSA) o Cascabel & La Encrucijada JVs

• Minera Cornerstone Chile Ltda (MCCL) o Prospect generator o Miocene project

CORNERSTONE AND SUBSIDIARIES


• US$, no exchange controls, foreign investor may own 100% of

mineral rights • 530,000 bpd oil exports (limited reserves) • Mineral exploration frenzy 2006 & 2007 (Aurelian-FDN,

EcuaCorriente-Mirador) • Mining Mandate (Moratorium) 2008, followed by new Mining Law &

Regs • Cornerstone 1st company to receive drill permit in 2011 • 2014: Cornerstone’s discovery hole at Cascabel. Ross Beatty

acquires Odin Mining (Greater Cangrejos project); Lundin Gold acquires FDN from Kinross

• 2015: CODELCO started to drill the Junin World Class porphyry Cu-Mo deposit in April

Ecuador Investment Climate


• Rafael Correa in power 7 years, re-elected Feb 2013 in landslide

• Heavy infrastructure investment • Correa Champion of large scale mining • Wood MacKenzie hired to advise on making sector more

competitive • Recent adjustments on windfall tax and sovereign tax:

Ecuador Investment Climate

“Advisor Wood MacKenzie used as an example a major project in Ecuador. They calculate that the tax burden of that project would have been 35% of gross revenues prior to the tax changes, and that had that project been subject to the taxes of neighboring countries it would have experienced an average tax burden of 26%. The changes implemented so far reduce the Ecuador tax burden for that project from 35% to 26-27%, which puts it in the middle of the pack regionally.”


ECUADOR PROJECTS

JV Projects

• Cascabel • La Encrucijada • Macara

100%-Owned Cornerstone Projects

• Vetas Grandes • Bella Maria • Caña Brava

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Epithermal (Au-Ag) & Porphyry (Au-Cu) Targets


CASCABEL (Cu-Au)

• JV SolGold plc 85% Cornerstone 15%

• Exploration Funding 100% SolGold

• Targeting porphyry copper – gold deposits

• Located in same belt as Junin (now Llurimagua) porphyry Cu-Mo deposit (982 M tons at 0.89% Cu , 0,04% Mo) and the Colosa porphyry Au deposit (905 M tons at 0,92 g/t Au) located to the north in central Colombia


EXPLORATION History • Stream sediment (SS) anomaly defined by regional BGS survey • Property acquired from SBRL in March 2011 and reconnaissance work identified a 3x3 km rock chip anomaly within a 5x5 km stream sediment anomaly • Systematic exploration program started in May 2012. Alpala discovery outcrop found through prospecting work in the 1st field sequence • Good exploration results reported every month and all over the property: good signs • Heli-borne magnetic survey • Terraspec mineralogical mapping of soils •Deep penetration 3D IP Orion survey

TARGETS TO DATE Porphyry Cu-Au (5): Alpala, Q. Moran, Aguiñaga, Tandayama-America, Chinambicito Epithermal Au-Ag (1): Rio Cachaco

CASCABEL (Cu-Au)

INFRASTRUCTURE • Paved road to site. 196 km (3 hrs drive) from Quito • Available electrical power / water • Important industrial port in Esmeraldas City (222 km to project site) downhill and by paved roads • Old railroad from Ibarra to San Lorenzo being rehabilitated for tourism as a first step


Significant intersections from CSD 13-001 • 302m @ 0.34% Cu, 0.48 g/t Au (0.68% Cu Eq) from 16m, including:

• 104m @ 0.37% Cu, 0.38 g/t Au (0.60% CuEq) from 16m and, • 100m @ 0.50% Cu, 1.00 g/t Au (1.10% CuEq from 222m)

…from CSD 13-005 (Discovery hole) • 1306m @ 0.62% Cu & 0.54 g/t Au (0.95% Cu Eq) from 24m to EOH, including:

• 672m @ 0.93% Cu, 0.91 g/t Au (1.48% CuEq) from 658m to EOH) or, • 552m @ 1.03% Cu, 1.05 g/t Au (1.65% CuEq) from 778m to EOH) or, • 258m @ 1.27% Cu, 1.40 g/t Au (2.12% CuEq) from 1052m to EOH

CASCABEL (Cu-Au)

…from CSD 14-007 • 958m @ 0.40% Cu, 0.17 g/t Au (0.51% Cu Eq) from 654m, including:

• 238m @ 0.65% Cu, 0.35 g/t Au(0.87% CuEq) from 1056m

2.97% Cu, 4.09 g/t Au

CSD 14-007 1232.20m

1.22% Cu, 0.76 g/t Au


CASCABEL (Cu-Au)

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…from CSD 14-008 • 914.5m @ 0.41% Cu, 0.44 g/t Au (0.67% CuEq) from 396m, including:

o448.5m @ 0.56% Cu, 0.64 g/t Au (0.95% CuEq) from 862m or, o 282m @ 0.60% Cu, 0,76 g/t Au (1.06 % CuEq) from 904m

…from CSD 14-009 • 1270.8m @ 0.59% Cu, 0.77 g/t Au (1.06% CuEq) from 430m, including:

o772m @ 0.80 % Cu, 1.19 g/t Au (1.51% CuEq) from 710m or, o420m @ 1.00% Cu, 1.35 g/t Au (1.81% CuEq) from 1062m or, o178m @ 1.60% Cu, 2.47 g/t Au (3.08% CuEq) from 1208m

NW-SE Longitudinal section , looking NE 3.04% Cu, 9.54 g/t Au

Intense B-veins stockwork with chalcopyrite


CASCABEL (Cu-Au)

…from CSD 15-010 (abandoned at 974m) • 394m @ 0.38% Cu, 0.36 g/t Au (0.60% CuEq) from 446m, including:

o156m @ 0.63 % Cu, 0.74 g/t Au (1.08% CuEq) from 684m or, o80m @ 0.86% Cu, 1.19 g/t Au (1.57% CuEq) from 760m

…and from CSD 15-011 • 636m @ 0.538% Cu, 0.40 g/t Au (0.82% CuEq) from 996m, including:

o58m @ 1.45 % Cu, 1.44 g/t Au (2.42% CuEq) from 996m and, o106m @ 0.73% Cu, 0.50 g/t Au (1.03% CuEq) from 1412m


•Hole CSD 15-012 started on July 8: o Intersects shallow visible copper sulphide (chalcopyrite-bornite) mineralization from 88.4m to current depth of 246.9m * o Mineralized diorite porphyry intersected at 233.8m, several hundred metres shallower than previously expected. Diorite occurs at a similar depth in Hole 1 (CSD-13-001). o Extensions to surface mineralization and shallow resource potential realized through recent mapping, trenching and rock-saw channel sampling programs.


Summary • Cascabel project brought from a regional stream sediment anomaly to drilling

stage in 17 months…and to discovery hole in less than 22 months • Environmental Impact Study (EIS) completed/approved in 7 months…

Environmental license granted 24 hrs after EIS approval • Very strong social license • Alpala target drill tested to date but only one of several porphyry and

epithermal targets to be tested on the 50 km² property. • Surface exploration results, deep and extensive geophysical anomalies and

drilling results are supportive of a large gold-enriched porphyry copper occurrence… World-class deposit? Time will tell.

• Partner SolGold is funding 100% of project to finalization of a bankable feasibility study

CASCABEL (Cu-Au)

CASCABEL IS A GOOD EXAMPLE OF CORNERTONE’S BUSINESS MODEL AND CAPABILITY TO “DELIVER THE GOODS”


CESA 100%-Owned properties

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VETAS GRANDES (Au-Ag)

• Epithermal Low to Intermediate Sulphidation gold-silver prospect

• Extensive surface sampling, trenching and geophysical surveys completed.

• Several large, 3m to 7m veins and quartz vein/vein breccia/stockwork forming swarm striking east-northeast over 1.4 km.

• Excellent correlation between mapped veins, rock assay results, soil geochemistry

• Bonanza style mineralization: 3.4m grading 53.4 g/t Au and 641.0 g/t Ag

• Regional mapping and prospecting work suggest that Vetas Grandes could be part of a new mineral district



Excellent correlation between mapped veins, rock assay results and IP chargeability / resistivity anomalies.

Modeling using multi-elements geochemical distribution and ratios, spectrometry work, quartz vein textures defined prospective precious metals horizons and drill targets

Potential: 1Moz + gold Never has been drilled…and is

drill-ready

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PROGRAMA DE TRABAJO Y PRESUPUESTO - PRELIMINAR 25-May-15

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 Actividad Cumulativo %

Programa de trabajoPatentes 2016 (2300 hectareas)* $ 43.700 $ 43.700 1%Patentes 2017 (2300 hectareas)* $ 46.000 $ 89.700 2%Prospeccion Resto de la concesion y posiblement al nivel distrital $ 90.000 $ 179.700 3%Geologia de detalle - 2 equipos $ 0 $ 179.700 0%Geoquimica suelos $ 0 $ 179.700 0%Trincheras $ 0 $ 179.700 0%Geofisica - Magnetometria $ 0 $ 179.700 0%Geofisica - IP $ 0 $ 179.700 0%Definition de blancos de perforacion $ 20.000 $ 199.700 1%Perforacion Fase 1 - 2500m $ 875.000 $ 1.074.700 29%Evaluacion Resultados - Fase 1 11 months $ 15.000 $ 1.089.700 0%Perforacion Fase 2 - 5000m $ 1.750.000 $ 2.839.700 58%Evaluacion Resultados - Fase 2 18 months $ 15.000 $ 2.854.700 0%

$ 2.854.700 94%Permisos

Licencia social LS 6 months $ 75.000 $ 75.000 2%Licencia y manejo ambiental LA 6 months $ 75.000 $ 150.000 2%Agua PA 6 months $ 20.000 $ 170.000 1%

$ 170.000 6%* La tasa annual se dobla en la fase avanzada $ 3.024.700 $ 168.039 (ave/m)

TOTAL + 10% IMPREVISTOS $ 3.327.170 $ 184.843 (ave/m)

PROYECTO SHYRI - VETAS GRANDESAño 1 / Mes Año 2 / Mes Presupuesto

TOTAL:

FASE EXPLORACION AVANZADA (first 2 of 4 years)

88%

Fase 1 - 2500m

Fase 2- 5000m

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BELLA MARIA (Au-Cu)

• Exceptionally high gold content in stream sediment

and free gold panned samples over the entire property

• Soil geochemistry surveys have outlined a large (3 km x 2 km) coincident gold – copper +/- molybdenum in-soil anomaly associated to porphyry-style mineralization in the central portion of property

• Seven (7) mineralized prospects identified

Free Gold in Pan

Concentrates


BELLA MARIA (Au-Cu)

• Newmont drilled thirteen holes on porphyry gold type mineralized zones 0-3km south of concession: o Trinchera and Paloma targets: Seven drill holes cut greater than 70m at 0.5 g/t Au cut-off. Drill hole C99-14 cut 1.6 g/t Au and 0.2% Cu over 192m, including 3.1 g/t Au plus 0.3% Cu over 46m. o Cacique target: A 22m intercept assayed 2.6 g/t Au and approximately 0.2% copper.

Bella Maria 3D Topo, district geology, mineralization and exploration results


BELLA MARIA (Au-Cu) • Stream sediment samples collected across the property are

exceptionally anomalous in gold • Large (3 by 2 km) coincident

gold - copper – molybdenum in-soil anomaly identified in central part of property

• Strong gold-copper

mineralization found by drilling just south of property (Odin Mining)

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Results to date indicate excellent potential to host significant porphyry and structurally controlled (breccias and veins) gold

and copper mineralization. Property never has been drilled.

• Seven (7) mineralized prospects have been identified


CAÑA BRAVA (Au-Ag-Cu)

Property hosts IS and HS epithermal gold-silver zones defined by extensive hydrothermal breccia and silica ribs developed on top of porphyry gold-copper style mineralization



Geology map

RTP ground magnetic data

4 Mineralized zones defined: • Porphyry style at Q. Soroche and Q. Cana Brava • Epithermal style at Soroche Norte and Noreste

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Rock and soil Gold (Au) assay results

Rock and soil Silver (Ag) assay results

Geochemical signature: • Epithermal IS veins at Soroche Norte with Au-Ag-Pb-Zn +/- As-Sb-Hg correlation • High grade Au and Ag values associated to NE oriented silicified ribs •Epithermal HS Au-Ag mineralization at Sector Norte



Rock and soil Copper (Cu) assay results

Rock and soil Moly (Mo) assay results and mag. interpretation

Geochemical signature: • Porphyry style at Soroche and Q. Cana Brava with strong Cu-Mo-Au correlation • Peripheral and intermediate sulphidation at Soroche Norte • Highly anomalous Mo +/- Cu values

Results strongly suggest that a porphyry system(s) lies at depth below Soroche and Q. Caña Brava targets with peripheral higher level Intermediate Sulphidation veins at Soroche Norte. Property never has been drilled.

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Ecuador Generative Program

Example: BLOCK 2 – GOLD • Several datasets: total of 39,180 samples • First-pass data processing completed with

93 anomalous areas defined • Operational structure in place

Cornerstone has a strong capability to generate and explore new projects


• Strategic alliance and JV agreement with Newmont Ventures • Funding - 100% Newmont. • AOI 2500 km² • Border area with Peru never been explored in the past due to military controls • Regional geochemical and exploration program

581 Stream Sediment samples; 473 Bleg samples, > 2000 rock samples and 96 soil samples collected No results ever made public

MACARA (Au-Cu)

Sixteen (16) highly prospective areas defined

and to be followed up


STRATEGIC ALLIANCE WITH ENAMI

• Regional data compilation and integration • Target areas defined using newly developed metallotects • Zone 1 detailed data integration completed: 26 targets defined. 5 highest priority targets (60.000 has) selected for ground surveys. • Zones 2 to 4 data integration underway

STRATEGIC ALLIANCE WITH ENAMI On April 14, 2015, Cornerstone Ecuador SA (CESA), our subsidiary, signed a Strategic Alliance Letter of Intent with the State Mining Company, ENAMI EP. Because most of Ecuador is still not open for staking or acquisition of mineral rights on application, this strategic alliance will give Cornerstone, and companies that partner with Cornerstone, access to some of the most prospective gold and copper prospects in Ecuador. Cornerstone is the first and, so far, the only mining company having such an agreement with ENAMI EP.

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WHY ECUADOR?

ECUADOR – AN OPPORTUNITY TO GAIN A FIRST MOVER ADVANTAGE Ecuador is still considered a higher risk for mining investment than its neighbors Peru and Chile but the Ecuadorian Government has committed to taking the necessary fiscal and regulatory measures to make Ecuador more competitive In addition to being the last Andean nation that is largely unexplored, Ecuador has the advantages of abundant water and electrical power (and low power costs), excellent highway and port infrastructure, and already is known to host world class deposits. The discovery of the Cascabel high grade copper-gold porphyry at surface by prospecting clearly demonstrates the underexplored nature of the country and its high potential to host easier-to-find deposits compared to its more mining-mature neighbor countries. Cornerstone has an experienced team of geologists who have been continuously active in Ecuador since 2005, and is one of the most successful exploration companies active there. Potential partners can significantly de-risk their investment in the country by operating through a JV or Strategic Alliance with Cornerstone, acquiring a first mover advantage in one of the last mining frontiers in the Andes.

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CHILE – MIOCENE PROJECT

Miocene property geology map showing prospective areas

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Gold assay results of Miocene project rock samples

Miocene property, alteration zones and mineral prospects.

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Arsenic assay results of Miocene project rock samples.

Mercury assay results of Miocene project rock samples.

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Copper assay results of Miocene project rock samples.

Molybdenum assay results of Miocene project rock samples.

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cornerstone capital resources inc. · 2015-08-26 · although cornerstone capital resources...

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