For comparison, and to provide context, these drill results are comparable to those in other porphyry deposits in Ecuador such as the Cangrejos deposit of Lumina Gold Corp.
The weak mineralization comprised sporadic traces of chalcopyrite2, sphalerite, galena and molybdenite within weakly veined and altered diorite suggesting a marginal position to a potential porphyry centre .
There are now a number of key intersections in drilling and trenching of the outcropping Brama porphyry system that together are building a compelling picture of higher-grade pods.
“We are now seeing the higher-grade intervals in the Brama system and have several additional targets to test.
Measuring 4,948 hectares, the Bramaderos project is located approximately 130km from the Loja provincial capital in southern Ecuador.
The values of the standards range from low to high grade and are considered appropriate to monitor performance of values near cut-off and near the mean grade of the deposit.
The MSA Analytical Laboratory is a qualified assayer that performs and makes available internal assaying controls.
Subject to the satisfaction of certain conditions, including SolGold’s fully funding the project through to feasibility, SolGold Plc will own 85% of the equity of ENSA and Cornerstone will own the remaining 15% of ENSA.
The words “potential,” “anticipate,” “forecast,” “believe,” “estimate,” “intend”, “trends”, “indicate”, “expect,” “may,” “should,” “could”, “project,” “plan,” or the negative or other variations of these words and similar expressions are intended to be among the statements that identify ‘Forward-Looking Statements.’ Although Cornerstone believes that its expectations reflected in these ‘Forward-Looking Statements’ are reasonable, such statements may involve unknown risks, uncertainties and other factors disclosed in our regulatory filings, viewed on the SEDAR website at www.sedar.com.