Cornerstone Capital Resources Inc

Published : June 19th, 2008

Update on Little Deer

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=======================================================================
Re:   Thursday, June 19, 2008
      Cornerstone Update
=======================================================================

Dear Subscriber,

The latest drilling results, released June 17, from the Little Deer
copper project located near Springdale, Newfoundland & Labrador, Canada
are certainly very encouraging. To read the full release entitled
"Cornerstone and Thundermin report intersection of 2.2% copper over 74
metres including an interval of 6.5% Cu over 8.6 metres on the Little
Deer Joint Venture, Newfoundland" please go to link
http://www.cornerstoneresources.com/s/NewsReleases.asp and check
http://cornerstoneresources.com/s/Image.asp?i=maps/properties_nfld_littledeerlongsec.jpg. 

This apparently new copper zone that was recently intersected in hole
LD-98-07D is located approximately 50 m north of the high-grade copper
horizon that has been the focus of Cornerstone's and Thundermin's
drilling program on the property to date (Table 1, News Release dated
June 9, 2008) .

Copper assays ran 2.2% Cu over a core length of 74.0 m, including
intervals of 6.5% Cu over 8.6 m, 2.6% Cu over 13.0 m; 2.8% Cu over 7.3
m and 2.9% Cu over 10.6 m. We are awaiting assay results on Gold and
Cobalt.

Our drilling to date has been designed to test the historical
copper-bearing horizon on the property but this latest intersection
appears to be a new discovery and adds a potentially whole new
dimension to this project. The partners are excited about these results
and look forward to further drilling on the project.

In other news recently Cornerstone and Altius have formed an alliance
to explore for copper in the Labrador Trough. See
http://www.cornerstoneresources.com/s/NewsReleases.asp for details.

ECUADOR:
Finally it seems that some life is trickling back into some Ecuadorian
stocks as there are some 'encouraging' reports through some news groups
such as the one at
http://seekingalpha.com/article/80744-ecuador-mining-more-positive-by-the-day. At Cornerstone we are maintaining a wait and see attitude
while working closely with the Ecuador Chamber of Mines and the MMP as
one of the eight companies that now form the "Consejo de Mineras
Canadienses" (CONMIN). This group of eight responsible Canadian mining
and exploration companies (including CESA, Cornerstone's wholly owned
Ecuadorian subsidiary) is working hard to find a way to ensure that the
interests of the companies are protected through the regulations of the
mandate.

Before the mining moratorium was imposed on April 18, 2008 Cornerstone
was working on the Macara Gold project with Newmont, the Shyri Gold
project with Coastport, the La Plata Gold rich VMS project with Sultana
and other 100% wholly owned promising Cornerstone properties. Investors
may refresh their memories on some of these projects by visiting
http://www.cornerstoneresources.com/s/Ecuador.asp?ReportID=136195.

For a complete overview of all of Cornerstone's properties and JV
projects visit http://www.cornerstoneresources.com/s/Projects.asp.

COMMENTARY:
Investors often express the opinion that the Cornerstone share price
does not reflect the value of its various properties and projects. In
some cases a company with a single project and similar share structure
may experience a higher share price and more robust liquidity. Over the
years we've struggled with that and in conversation with executives
from other companies that subscribe to the JV model it appears that it
is an issue common to prospect generators. One letterwriter expressed
the opinion that for the most part the average investor wants to focus
on one project. As most investors may not have the time to do a lot of
DD they find the variety of projects pursued by prospect generators to
be somewhat overwhelming.
Therefore they may opt to invest in a single
project company.

On the other hand there are a number of very successful junior resource
investors who invest primarily in prospect generators such as
Cornerstone. One well known Investor compares buying stock in any
junior resource company to buying a lottery ticket -- very high risk
and very high potential returns. By investing in a single project
company the investor gets one lottery ticket. However by investing in a
prospect generator the investor gets a number of 'lottery tickets' that
is equal to the number of properties and JV projects, all in one
investment. The odds for success increases and sometimes success can
occur unexpectedly on projects that are undervalued by the market.

Prospect generators that subscribe to the JV model fund work on their
projects primarily with OPM (other partner's money), and at any given
time Cornerstone has several such projects ongoing, each one in a sense
constituting a 'lottery ticket'. For the company and its shareholders
it also mitigates the inherent risk in exploration.

Obviously each Investor has to find the niche that fits his risk
threshold and investment strategy. For those who choose to invest in
junior resource companies, investment in prospect generators, in our
opinion, is worthy of consideration.

For those who would like to find out more about Cornerstone, its
strategy, and expectations for 2008 please contact either of the
undersigned.

Best regards.
Colin
 
Colin B. McKenzie, President & CEO
Cornerstone Capital Resources Inc.
Excellence in Mineral Exploration
"People, Process, Projects"
TSXV - "CGP" / OTC - "CTNXF"
F - "GWN" / B - "GWN"
www.cornerstoneresources.com
Toll Free 1-877-277-8377
Fax 1-709-747-1183

Cautionary Notice:
Certain statements contained in this email 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.

=======================================================================
Copyright (c) 2008 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 Thu Jun 19, 2008 at 4:00:00 AM Pacific Time
=======================================================================
.

Cornerstone Capital Resources Inc

DEVELOPMENT STAGE
CODE : CGP.V
ISIN : CA21922J2083
CUSIP : 21922J208
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Cornerstone is a exploration company based in Canada.

Cornerstone develops uranium in Canada, and holds various exploration projects in Canada, in Chile and in Ecuador.

Its main asset in development is AILLIK in Canada and its main exploration properties are CHALEUR, ANAKTALIK, AUCOIN, LABRADOR TROUGH, VOISEY'S BAY PROPERTY, DEER LAKE PROJECT, DORCHESTER, GOSHEN, EL STRATO, LONG LAKE, NOTAKWANON LAKE, TRUE GRIT, CAPE RAY, COLCHESTER, CODROY PROJECT, LONG HARBOUR, OKAK, GARLAND, KAUK, KONRAD, NOEL PAUL'S BROOK, BOBBY'S POND, LITTLE DEER, CONEY ARM and INDIAN ARM in Canada, MACARA, BELLA MARIA, MONTERREY and SIERRAMIN in Ecuador and LA FORTUNA CHILE in Chile.

Cornerstone is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.1 billions as of today (US$ 912.5 millions, € 799.4 millions).

Its stock quote reached its lowest recent point on March 04, 2016 at CA$ 0.02, and its highest recent level on September 18, 2020 at CA$ 6.53.

Cornerstone has 299 560 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
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12/2/2011d Cornerstone Fact Sheet
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9/21/2011Corporate Update- September 21, 2011
9/13/201111-30 - Significant Porphyry Copper-Gold mineralization disc...
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4/26/2011(Little Deer)11-15 - Cornerstone and Thundermin continue to intersect hig...
4/26/2011(Little Deer)and Thundermin Continue to Intersect High Grade Copper Over ...
4/15/2011Exploration Update
2/18/2011- No Material Change
1/25/2011CEO Letter to Shareholders
5/19/2010Options New Brunswick REE property
5/18/2010Corporate Update
5/17/201010-09 - Cornerstone reports significant progress on Ecuador ...
5/3/2010Intersect 4.6% Cu over 5.9 metres, including 14.5% copper ov...
4/16/2010Corporate Update
3/30/201010-05 - Cornerstone announces Phase II of Macar=E1 Strategic...
2/16/201010-03 - Cornerstone options Labrador rare metals and REE pro...
11/17/200909-26 - Cornerstone engages Investor Relations consultant
11/5/200909-24 - Ecuador Mining Regulations signed into law
10/16/2009Government of Ecuador confirms date of approval of Mining Re...
10/14/200909-21 - Cornerstone acquires new Lithium and Rare Metals pro...
9/29/200909-20 - Cornerstone acquires new Rare Metals and REE propert...
6/9/2009Corporate Update
6/4/200909-12 - Cornerstone to resume work on Macar=E1 project=2CEcu...
5/26/200909-11 - Cornerstone update on recommencement of work in Ecua...
3/3/200909-04 - Cornerstone updates mining law in Ecuador
2/27/2009Corporate Update
1/15/2009Cornerstone Update
1/13/2009 New Mining Law Approved in Ecuador
11/21/2008Cornerstone Update
9/30/2008approves new constitution, clears way for new mining law
9/25/2008Cornerstone Update
8/11/2008Monthly Update - Monday, August 11, 2008
7/14/2008personnel change
6/19/2008Update on Little Deer
6/11/2008and Altius form alliance to explore for copper in the Labrad...
5/22/2008adds claims in the Bay St. George evaporite basin
5/20/2008Report on the drilling on the Little Deer Copper project
5/7/2008acquires new uranium property
4/29/2008acquires property with potash potential
4/25/2008Participates in Industry- Canadian Government Meeting With E...
4/23/2008 Evaluates Impact of Mining Mandate in Ecuador
4/23/2008 Update
2/12/2008 and Newmont Sign Definitive Agreement on Ecuador Strategic ...
2/4/2008John C. Crosbie resigns from Cornerstone's Board. Mr. Crosb...
1/10/2008Monthly review
12/6/2007 Monthly Review
11/8/2007 Monthly Review
10/22/2007and Newmont to Explore Southern Ecuador
10/17/2007La Plata Update
10/16/2007provides update on the La Plata VMS project, Ecuador
10/11/2007September Update
9/10/2007August Update
8/29/2007partners with Phelps Dodge Corporation of Canada, Limited to...
8/3/2007July Update
7/26/2007announces 4.7% Zinc intercept in drilling by Mountain Lake R...
7/10/2007 and Thundermin Commence Drill Program on the Little Deer Co...
6/11/2007 May update - the Drills start turning
6/7/2007(Shyri)Provides update on geophysics at GAMA, Shyri project, southe...
5/15/2007Signs JV Agreement and Commences Drill Program on Cornerston...
5/7/2007plans to drill 26,000 metres on five projects in Canada and ...
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TSX-V (CGP.V)Other OTC (CTNXF)
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Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
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Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
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McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 6.24-0.16%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.71+1.28%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
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Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
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Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
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Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
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Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
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Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
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Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 2.05-1.44%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
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Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
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Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
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