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Re:   News - Tuesday, January 13, 2009
      09-01 - New Mining Law Approved in Ecuador
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Mount Pearl, NL, Canada:   Cornerstone Capital Resources Inc.
(TSXV-CGP) (F-GWN) (B-GWN) (OTC-CTNFN) reports that the second debate
on the new mining law was unexpectedly held in the Legislative
Commission (congress) yesterday and the law was approved by a vote of
50 to 15.  Cornerstone understands there were 11 revisions made to the
statute during the debate; however, these have yet to be made public.
The law now goes to the Executive branch which has 10 days in which to
approve or veto the legislation.  Following approval by the President
the law will be published in the government register, a process which
should be completed before the end of the month.

Cornerstone believes this is a key event in the re-activation of
exploration and mining activities in Ecuador and demonstrative of the
government's commitment to fostering a responsible mining industry in
the country.  Nevertheless, there remain other administrative and
regulatory hurdles to clear before work can re-commence.  These include
enactment of new mining regulations to administer the law and
clarification of environmental permitting procedures.   Cornerstone
will issue updates as the regulatory issues are resolved.  

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

Further information is available on the Cornerstone Web site at
www.cornerstoneresources.com; via e-mail at communications@crigold.com;
or toll free at 1-877-277-8377.

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

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Copyright (c) 2009 CORNERSTONE CAPITAL RESOURCES INC. (CGP)  All rights
reserved.  For more information visit our website at
http://www.cornerstoneresources.com/ or send
mailto:info@cornerstoneresources.com
Message sent on Tue Jan 13, 2009 at 10:00:00 AM Pacific Time
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