Cornerstone Capital Resources Inc.

Transcription

1 Exploring World Class Mineral Districts Cornerstone Capital Resources Inc. Corporate Presentation April 15, 2014

2 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 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. 2 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

3 PROPERTIES CANADA ECUADOR Head Office: Mount Pearl, NL 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 100% owned by Cornerstone Vetas Grandes - Epithermal Au-Ag Caña Brava Epithermal Au-Ag and porphyry Au-Cu CHILE 100% - Owned Properties Miocene - Porphyry Au-Cu and Epithermal Au-Ag Alicahue Replacement Cu -Ag 3

4 SHARE CAPITALIZATION (as at April 15, 2014) Shares Outstanding 189,548,663 Fully Diluted 244,978,278 Share Price (April 15, 2014) 52 Week High / Low Cash + Marketable Securities $0.14 $0.24 / $0.02 $4,725,000 Market Cap (April 15, 2014) $26,536,812 4

5 Business Model Prospect generator with JV focus 20 X 10 X mine financing construction 1 X Time In this range the most substantial gains are made over a shorter time. 5

6 Ecuador Mineral Belts 6

7 ECUADOR Cascabel La Encrucijada Macara JV Projects 100%-Owned Cornerstone Projects Vetas Grandes Bella Maria Caña Brava Epithermal (Au- Ag) & Porphyry (Au-Cu) Targets 7

8 CASCABEL (Cu-Au) JV SolGold plc 85% / Cornerstone 15% Exploration Funding = 100% SolGold Targeting porphyry Copper gold deposits Located in same belt as Junin porphyry copper deposit and the Colosa porphyry gold deposit located to the north in central Colombia Phase 1 drilling: o 5 Holes, 2341 m. o Hole 6 in progress. Hole 5 assays indicate discovery of a large gold-enriched copper porphyry system, returning 1306m grading 0.62% Cu and 0.54 g/t Au), with higher grade intervals including 672m grading 0.93 % Cu and 0.91 g/t Au (from 658m). 552m grading 1.03% Cu and 1.05 g/t Au (from 778m). 258m grading 1.27% Cu and 1.40 g/t Au (from 1052m). 8

9 CASCABEL (Cu-Au) INFRASTRUCTURE Paved road to project site. 196 km (3 hrs drive) from Quito Available electrical power Oil refinery and important industrial port in Esmeraldas City (222 km to project site) Small port facility in San Lorenzo (96 km to project site) Old railroad from Ibarra to San Lorenzo being rehabilitated for tourism as a first step CLIMATE AND TOPOGRAPHY Sub-tropical climate Low elevation (1100 to 2100 masl) Abundant water 9

10 CASCABEL (Cu-Au) EXPLORATION History Significant multi-elements stream sediment (SS) anomaly defined by regional BGS survey Potential recognized early-on by SBRL but limited exploration work Property acquired from SBRL in March 2011 LOI signed with SolGold plc in April 2012 Systematic exploration program started in May 2012 Option agreement finalized with SolGold plc in June 2012 Programs and results Reconnaissance & detailed geology and geochem. Airborne geophysics Trenching and detailed geology Targeting and drill hole definition Phase 1 drilling: 5 holes totaling 3341m. Hole #5: 1370m. Discovery hole. Deepest hole ever drilled in Ecuador 10

11 CASCABEL (Cu-Au) Cascabel exploration model August

12 CASCABEL (Cu-Au) TARGETS TO DATE Alpala Porphyry Cu-Au Target Multi-dataset support Coincident Cu-Au-Mo-As + (Sb, Bi) Alteration Zonation (Spectral data) Magnetic highs overprinted by magnetite destructive alteration Outcropping strongly mineralized porphyry quartz stockworks Regional Toachi Fault Zone. Dacite porphyry intrusives Aguinaga Porphyry Target Coincident Au-Cu-Mo in soils Prominent magnetic high Tandayama-America Porphyry Target Coincident Au-Cu-Mo in soils Complex magnetic signature Outcropping porphyry quartz stockworks Quebrada Moran Porphyry Target Outcropping porphyry quartz stockworks 12 Rio Cachaco Epithermal Target Qtz-Carbonate-Base metal veins High content of Au in pan concentrate and outcrops

13 CASCABEL (Cu-Au) 3D Inversion Model of Magnetic Survey Data Spanning the Broader Alpala Region. The magnetic apophysis (red shape) which extends above the modelled magnetic batholith underlies the southeast Alpala region. The area around the margins of this magnetic apophysis and which encapsulate the recent channel sampling at central Alpala have been targeted in Phase 1 drill program. 13

14 CASCABEL (Cu-Au) Coincident Cu-Au-Mo Anomalies Illustrate Potential for Classic Porphyry Systems Soil sampling over 20 km 2: 200x100m and 100x100m Clustered Molybdenum distribution reflects porphyry centres 14

15 CASCABEL (Cu-Au) Stage 1 Drilling 5 Holes 2,667 m. Stage 2 Drilling 7 Holes 4,650 m. Stage 2 Drilling Plan Base map RTP Magnetics 15

16 CASCABEL (Cu-Au) Significant Intersections from CSD % Cu, 0.48 g/t Au (from 16m), including: 0.37% Cu, 0.38 g/t Au (from 16m) 0.50% Cu, 1.00 g/t Au (from 222m) and from CSD % Cu & 0.54 g/t Au (from 24m to End Of Hole), including: 0.93% Cu, 0.91 g/t Au (from 658m to EOH) and 1.03% Cu, 1.05 g/t Au (from 7788m to EOH) 1.27% Cu, 1.40 g/t Au (from 1052m to EOH) 16

17 CASCABEL (Cu-Au) Size of alteration zone at Cascabel comparable to other large size porphyry Cu-Au porphyry resources / deposits Outcropping porphyry Cu-Au mineralization in Alpala stream at Cascabel 17

18 CASCABEL (Cu-Au) Summary Cascabel project brought from regional stream sediment anomaly to drilling stage in 17 months and to discovery hole in less than 22 months Very strong support from communities and authorities Alpala target drill tested in 2013 but only one of several porphyry targets to be tested on the 50 km² property The Cachaco epithermal Au-Ag target to be explored systematically and drill tested Several anomalous areas still to be followed up Surface exploration and Phase 1 drilling results are supportive of a large goldenriched porphyry copper occurrence 18

19 VETAS GRANDES (Au-Ag) Gran Muralla Vein

20 VETAS GRANDES (Au-Ag) 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 and IP chargeability anomalies. Upper part of veins have elevated levels of arsenic, mercury, antimony, selenium and tellurium and display diagnostic textures indicative of boiling zone with bonanza grades focused at the 3,200 m elevation. Masucay vein: 3.4m grading 53.4 g/t Au and g/t Ag, elevation 3200 masl. Proposed phase 1 drill program: 2500 metres 20

21 VETAS GRANDES (Au-Ag) Summary Drill-ready property Drill targets identified, once funding in place permitting should take 6 8 months. Potential to host significant epithermal Low Sulphidation (LS) to Intermediate Sulphidation (IS) style gold-silver deposit, covers 4700 hectares, located 15 km SW of Loma Larga (formerly Quimsacocha). Regional mapping and prospecting work suggest that Vetas Grandes could be part of a new mineral district

22 BELLA MARIA (Au-Cu) 100%-owned property Abundant free gold in stream sediment and panned samples over the entire property o 96 sampling sites showing gold grains, including 28 sites with > 10 gold grains. o Stream sediment sampling: 44 samples collected, 26 with > 0.1 g/t (100 ppb) Au, including 11 with > 1 g/t (1000 ppb) Au. Anomalous gold and copper in rock samples o 262 samples collected, 97 with > 0.1 g/t Au and 29 > 1.0 g/t Au; 166 samples > 0.01% (100 ppm) Cu and 13 > 0.1% Cu. Limited soil geochemistry surveys have outlined a large (3 km x 2 km) coincident gold copper +/- molybdenum in-soil anomaly accompanied by porphyry-style mineralization in the central portion of property Four mineralized prospects identified Multiple stream sediment, rock and soil anomalies yet to be followed up. Free Gold in Panning Samples 22

23 BELLA MARIA (Au-Cu) Bella Maria district geology, mineralization and exploration results 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. 23

24 BELLA MARIA (Au-Cu) Copper (Cu) results in rocks, soils and stream sediments Gold (Au) results in rocks, soils and stream sediments 24

25 BELLA MARIA (Au-Cu) Summary Initial results indicate excellent potential to host significant porphyry and structurally controlled (breccias and veins) gold and copper mineralization. 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. Four mineralized prospects have been identified so far through limited field work. Strong gold-copper mineralization found by drilling just south of property 25

26 CAÑA BRAVA (Au-Ag-Cu) 26

27 CAÑA BRAVA (Au-Ag-Cu) 27

28 CAÑA BRAVA (Au-Ag-Cu) Silver (Ag) assay results in rocks and soils Geology, alteration and gold (Au) assay results in rocks and soils

29 CAÑA BRAVA (Au-Ag-Cu) Summary Property hosts two large HS epithermal gold-silver zones defined by extensive hydrothermal breccia and silica ribs developed within an argillic alteration lithocap. West Zone (Caña Brava Breccia) covers 2.5 km by 2 km and is coincident with a 3 km by 1 km multi-element soil geochemistry anomaly. East zone shows similar HS system measuring 1.75 km by 1 km, open in most directions. Strong indications of a possible porphyry gold-copper target beneath the Caña Brava Breccia and lithocaps 29

30 MACARA Strategic alliance and JV agreement signed with Newmont Ventures in Feb 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 ublic 16 highly prospective areas defined and to be followed up 30

31 Ecuador Generative Program Regional Stream Silt Geochemistry Six datasets: total of 26,589 samples - Public data: samples - Semi-Public data: samples - Proprietary data: samples Statistical review of the data indicates the datasets can be combined First -pass data processing using Au, As, Cu and Mo outlined 41 anomalous areas prospective for porphyry and/or epithermal mineralization 31

32 Ecuador Generative Program Example: BLOCK 2 GOLD Cornerstone has a strong capability to generate new projects using its proprietary databases, in-country knowledge and experienced team of professionnals. Cornerstone a choice partner in Ecuador. 32

33 CHILE 33 One of the world s top mining jurisdictions World class gold and copper deposits Politically stable with established regulatory environment Long history of mining Experienced labour force and excellent infrastructure Antofagasta El Penon Maricunga La Serena Andacollo ALICAHUE Cerro Negro Santiago Gold deposit/mine Copper deposit/mine Escondida MIOCENE La Coipa Lobo - Marte Pascua Lama Veladero El Indio El Tambo El Bronce

34 MIOCENE (Au-Ag-Cu) 34

35 MIOCENE (Au-Ag-Cu) Major Gold Deposits, Maricunga & El Indio Belts Project Mineral Reserves (Proven + Probable) Mineral Resources (Measured + Indicated) Au (Moz) Ag (Moz) Cu (Mlb) Au (Moz) Ag (Moz) Cu (Mlb) Maricunga Belt La Coipa (Kinross) La Pepa (Yamana) Lobo - Marte (Kinross) Volcan (Andina) Maricunga (Kinross) Caspiche (Exeter) Cerro Casale (Barrick-Kinross) El Indio Belt Pascua Lama (Barrick) Veladero (Barrick) El Indio (Exhausted El Tambo Mines) TOTAL ELEPHANT COUNTRY 35

36 MIOCENE (Au-Ag-Cu) Mirasol- Atlas prospect The Miocene project is located in the Atacama Region of northern Chile, and is targeting epithermal gold-silver and porphyry gold-copper deposits along the interpreted northern extension of the Maricunga magmatic belt which hosts several world-class gold deposits. Regional exploration program specifically designed to identify buried porphyry Cu-Au and large epithermal Au-Ag mineralized systems. Mirasol-Prospect Titan 36 Work done in 2011 and 2012 outlined anomalous precious and base metals zones associated to epithermal altered zones. Located neighbor and on strike of newly discovered epithermal Titan and Atlas Au-Ag prospects by Mirasol Resources ltd. A new mineralized district?

37 SUMMARY Experienced senior management and technical team Prospect generator following the joint venture model to diversify risk ( 70% exploration funded by JV partners) Portfolio of highly prospective exploration projects in Ecuador and Chile with a strong focus on gold and copper Cornerstone a choice partner in Ecuador and Chile 37

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