Cornerstone Capital Resources Inc.

Cornerstone Capital Resources Inc.

CTNXF
Cornerstone Capital Resources Inc.US flagOther OTC
2.86
USD
+0.26
- -
105.59MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Hugh Brooke MacDonald
Sector
Basic Materials
Industry
Other Precious Metals
Address
1730 St. Laurent Boulevard Ottawa ON Canada K1G 3Y7
IPO Date
Sep 4, 2007
Business
Cornerstone Capital Resources Inc. (TSXV:CGP; OTC:CTNXF) is a mineral exploration company focused on the evaluation, acquisition, and exploration of mineral properties primarily in Ecuador and Chile. The company holds a diversified portfolio of projects targeting gold, silver, copper, nickel, volcanogenic massive sulfide (VMS), rare earth elements, and uranium deposits; key assets include a direct and indirect interest in the Cascabel gold-enriched copper porphyry joint venture in northwest Ecuador, where it maintains a 21.4% carried interest financed through to feasibility study completion, as well as the Espejo block concessions and a 12.5% stake in the Bramaderos gold-copper porphyry project. Founded in 1999 and headquartered in Ottawa, Canada, Cornerstone operates as a prospect generator, advancing projects through joint venture partnerships that fund subsequent development. In February 2023, Cornerstone completed a plan of arrangement merger with SolGold plc, becoming a wholly-owned subsidiary while consolidating exposure to the Cascabel project and retaining its broader portfolio across South America.

Company News

APIChatGPT
  • SolGold to release Cascabel Pre-Feasibility Study Results on April 20, 2022

  • Cornerstone announces Maiden Resource at Tandayama-America Porphyry Copper-Gold Deposit, Cascabel Project, Ecuador

  • Cornerstone reports 1,010 m at 0.55% copper equivalent intersection at Cascabel

  • Drill Hole 13 at Tandayama-America Porphyry Copper-Gold Target, Cascabel, intersects 1,010m @ 0.55% CuEq from 194m depth (including 392m @ 0.93% CuEq from 246m)

  • Cornerstone Grants Stock Options

  • Cornerstone Announces Proceeds of Exercise of Warrants

  • Cornerstone Announces Adoption of Advance Notice By-Law

  • Cornerstone and Sunstone drill 84.3m of 0.8g/t gold from 180m depth (within a 450m intersection grading 0.47g/t gold beginning 5m from surface) at Brama target - Bramaderos Project, Ecuador

  • Pre-Feasibility Study Update - Alpala Project, Cascabel Concession, Ecuador

  • Bramaderos Project Update, Ecuador

  • Bramaderos Project Update, Ecuador

  • Pre-Feasibility Study Update - Alpala Project, Cascabel Concession, Ecuador

  • Amended NI 43-101 Technical Report on the Cascabel Property, Alpala Deposit, Northern Ecuador

  • More bonanza grades at Espiritu silver-gold discovery, Bramaderos Project, Ecuador

  • Newcrest Exercises Option to move to Stage One under its farm-in agreement at Cornerstone's Miocene gold-copper Project, Chile

  • Cornerstone Announces Completion of $7.7 Million Financing