Cornerstone Capital Resources Inc., (NL) Newfoundland & Labrador, TSX.V: CGP, OTC: CTNXF, F: GWN has a strong and dedicated technical team who are focused on generating new projects that have great potential for discovery. Cornerstone leverages its own exploration funding through joint venture and strategic partnerships, providing shareholders with potential for success at lower risk.

Excellence in Mineral Exploration.

Cornerstone has a diversified portfolio of gold, silver, copper, nickel, VMS, and uranium properties in Canada and Ecuador.

Ecuador

Cornerstone started exploring in Ecuador during 2005, at which time 4 early stage gold and an advanced gold-rich VMS project was acquired. To date Cornerstone has extensive land holdings in 9 individual projects, 1 of which is currently joint ventured to Coastport Capital.

• Shyri Concessions - Gold (Coastport)
• Canaribamba
• Gama
• Vetas Grandes Yanasacha

Strategic Alliance:

Macara - Gold (Newmont)

100% Cornerstone Properties:

• Bella Maria - Gold
• Cañar - Gold/Copper
• La Plata - VMS
• Monterrey - Gold

Voisey's Bay

Cornerstone currently holds one of the largest land positions in the Voisey's Bay area and has identified and acquired 7 separate projects covering favourable geologic environments similar to Voisey's Bay, which in some cases host indications of Ni-Cu-Co sulphide mineralization. Recently, a Uranium property adjacent to Aurora Energy Resources land position, which hosts the Michelin Uranium Deposit, has been acquired. Highlights have included a JV with Falconbridge on the Konrad project west of Voisey's Bay, acquisition of the Garland project near Inco's high-profile Garland Lake Ni project. An area of ongoing focus, Cornerstone is working towards joint venturing these Ni and U projects while continuing to identify additional priority targets for acquisition.

Update - Jan. 2009

Ecuador

The new mining received its second debate in the legislative commission on Jan. 12 and was approved by a vote of 50 to 15. Following presidential approval, the new law should be official before the end of the month.

Cornerstone is in regular contact with its partners in Ecuador, Newmont Ventures Ltd. and Coastport Capital Inc., to keep them abreast of the evolving situation. While the agreements with both companies remain under force majeure, all parties are anxious to get back to work on the exceptional precious metal opportunities represented by the Macara (Newmont) and Shyri (Coastport) properties.

Late last year, Newmont and Cornerstone received the results of the BLEG geochemical survey for Macara. BLEG (bulk leach extractable gold) is a regional sampling technique widely used by Newmont for discriminating gold-mineralized versus non-mineralized belts. Both companies were encouraged by the results that highlighted the gold potential of a large region within the area of interest.

Canada

In Canada, the Little Deer joint venture with Thundermin Resources Inc. in Newfoundland ended the year on a positive note. On Nov. 26, 2008, in Stockwatch, the partners announced very exciting results in LD-08-15, a follow-up hole to LD-98-07D. LD-08-15 intersected 16.6 metres of 4.7 per cent copper within a wider interval of 46.6 metres grading 2.7 per cent copper, about 30 metres away from a 74.0-metre-wide mineralized section in LD-98-07D. Subsequently, LD-08-16 and 17 were completed before the end of last year. Results will be reported as they become available. LD-08-16 is the deepest hole of the program to date. The Little Deer deposit remains open in three directions.

Mountain Lake Resources Inc., which has an option on Cornerstone's Bobby's Pond property in central Newfoundland, reported encouraging results from a small drilling program in December. One hole encountered 0.6 metre of massive sulphides grading 7.0 per cent zinc, 0.15 per cent copper, 4.7 per cent lead, 80.6 grams per tonne silver and 1.0 gram per tonne gold within a 3.1-metre-wide mineralized zone. The new mineralized zone is in the northeast part of the Cornerstone claims in a previously undrilled area. Mountain Lake is recommending more drilling for the prospect.

The 14-square-kilometre Cornerstone property surrounds Mountain Lake's 1.1-million-tonne Bobby's Pond zinc-copper-lead deposit. Mountain Lake is earning a 51-per-cent interest in the claims by spending $2.7-million and making payments totalling $100,000. Bobby's Pond is located 45 kilometres west by road from Teck's Duck Pond base metal mine.

Cornerstone is also evaluating results of two airborne radiometric and magnetic surveys completed last fall. The Chaleur survey in northern New Brunswick covered a large package of subaerial felsic and mafic volcanic rocks, which government surveys have highlighted as prospective for uranium mineralization.

Despite some recent changes to uranium prospecting regulations in the province, the Cornerstone property has not been affected. Cornerstone and partner, Altius Minerals Corp., completed a large survey on their 4,236-claim Labrador Trough property. This underexplored belt has several known occurrences of copper and uranium, which the partners believe hold excellent potential for sediment-hosted and IOCG-style deposits.