Home : July 2012 : July 24, 2012 News : Cornerstone and SolGold Plc Sign Definitive Option Agreement and Announce $2.8 Million First Year Exploration Program for the Cascabel Gold-Copper-Silver Property, Ecuador

Cornerstone and SolGold Plc Sign Definitive Option Agreement and Announce $2.8 Million First Year Exploration Program for the Cascabel Gold-Copper-Silver Property, Ecuador

July 24, 2012

MOUNT PEARL, NEWFOUNDLAND--(Marketwire - July 24, 2012) - Cornerstone Capital Resources Inc. ("Cornerstone") (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (OTCBB:CTNXF) and SolGold Plc (formerly Solomon Gold Plc) ("SolGold") announce that they have signed a definitive option agreement finalizing the terms of an option/joint venture arrangement for Cornerstone's 100% owned 5,000 hectare Cascabel gold-copper-silver property in northern Ecuador and replacing their letter of intent announced on April 10, 2012.

http://www.marketwire.com/mw/release.do?id=1682908&sourceType=3
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