Newcrest Withdraws from Option and Farm-in Agreement for the Miocene Project in Chile

OTTAWA, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (OTC:CTNXF) (FWB:GWN1) announces that Newcrest International Pty Limited (“Newcrest”), a subsidiary of Newcrest Mining Limited (ASX, TSX, PNGX: NCM) has notified Cornerstone and its subsidiary Mineral Cornerstone Chile Limitada (MCCL) that Newcrest intends to withdraw from the option and farm-in Agreement on MCCL’s Miocene concessions in Chile (Figure 1) (the “Project”) targeting epithermal gold-silver and porphyry gold-copper deposits along the interpreted northern extension of the Maricunga magmatic belt that hosts several world-class gold deposits.

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