Cornerstone Capital Resources Inc. TSX VENTURE: CGP PINK SHEETS: CTNXF FRANKFURT: GWN BERLIN: GWN

Cornerstone Provides Update on Chaleur Uranium Property, New Brunswick

MOUNT PEARL, NEWFOUNDLAND AND LABRADOR--(Marketwire - Jan. 26, 2009) - Cornerstone Capital Resources Inc. (TSX VENTURE:CGP) (PINK SHEETS:CTNXF) (FRANKFURT:GWN) (BERLIN:GWN)

reports that it has completed a first phase exploration program on its Chaleur uranium property located 60 km west of Bathurst in northern New Brunswick.

The Chaleur property covers a large land position (250 km2) which is underlain by prospective Silurian-aged subaerial felsic volcanic rocks of the Chaleur Group. The Chaleur property is unaffected by recent regulatory amendments in New Brunswick, which prohibits uranium exploration and mining in certain areas such as designated watersheds and municipalities.

Regional-scale airborne geophysical surveys conducted by the Geological Survey of Canada in 1983 identified radiometric anomalies within the Chaleur property area, and government geochemical surveys over a portion of the property indicated elevated uranium values in stream sediment samples.

Cornerstone acquired the Chaleur property through ground-staking in late 2007 and early 2008, targeting volcanic-associated uranium deposits akin to those of the giant Streltsovsk uranium ore district in Russia.

The company is soliciting expressions of interest from prospective joint venture partners to undertake exploration on this large, under-explored property.

The first phase exploration program consisted of a 1,511 line-kilometre fixed-wing airborne magnetic and radiometric survey, accompanied by a limited follow-up prospecting and geochemical stream sediment sampling program.

Based on a review and interpretation of the airborne data, geophysical consultant Mr. John Kieley, P.Geo., identified and prioritized fifteen (15) targets for follow-up. Targets are characterized by magnetic lows, which may indicate hydrothermal alteration at or near volcanic centers, with coincident or flanking radiometric highs. Partial geochemical stream sediment coverage over the property shows that several of the airborne geophysical targets are associated with elevated uranium in stream sediments of up to 284 ppm U. The prospecting program discovered two new zones of uranium mineralization, with float samples assaying up to 427 ppm U in one area and 275 ppm U in the other. Of note, both occurrences are coincident with airborne uranium anomalies in the western portion of the property.

Colin McKenzie, Cornerstone's President and CEO, stated "Cornerstone is very pleased with results from this first phase of uranium exploration at Chaleur.

In particular, our prospecting program has confirmed the potential for uranium mineralization on the property, and the airborne survey has identified a number of priority targets which require immediate follow-up."

Cornerstone gratefully acknowledges a CDN$50,000 grant provided by the New Brunswick Department of Natural Resources through the Junior Mining Assistance Program (JMAP), which significantly aided the exploration program on the Chaleur property.

This press release was prepared by Terry Brace, P.Geo., Cornerstone's VP Exploration and a Qualified Person in accordance with National Instrument 43-101. Exploration field programs were carried out under the supervision of Brad Dyke, P.Geo.

About Cornerstone

Cornerstone Capital Resources Inc. is a mineral exploration company based in Mount Pearl, Newfoundland & Labrador, Canada, with a diversified portfolio of projects in Canada and Ecuador and a strong technical team that has proven its ability to identify, acquire and advance properties of merit. The company's business model is based on generating exploration projects whose subsequent development is funded primarily through joint venture partnerships.

Cautionary Notice:

Certain statements contained in this press release may be considered as forward-looking. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from estimated or implied results. While Cornerstone anticipates that subsequent events may cause its views to change, it expressly disclaims any obligation to update the Forward-Looking Statements contained herein.

On Behalf of the Board,

Colin B. McKenzie, President & CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.