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Cornerstone Metals Inc.

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Summary

Project:

Carlin Vandium

Deposit:Carlin Vandium
Location:United States
Commodities:Vanadium-Zinc-Silver
Date:4/17/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-4-2018: Cornerstone Metals Inc. announces an Exploration/Drilling Update report for its Carlin Vandium deposit at the Carlin Vandium project. Drilling results incl. 47.50m @ 1.08% V2O5, 0.43% Zn, 5.9g/t Ag from 28.5m. Based upon the strong results of t
Resources:x
CP/QP:[Overall Report]: Paul Cowley (Internal)
ABSTRACT:Based upon the strong results of the confirmation drill program, together with a review of historic data, Cornerstone Metals is now planning a Phase 2 drill program comprised of a 50 – 70 hole reverse circulation drill program with the objective to expand the dimensions of the deposit before completing a resource estimate. Permitting necessary to support the Phase 2 program is in place and Cornerstone has put the drill program out to tender. “The grades and widths from our drilling have been highly encouraging. The success of the 20‐hole confirmation drill program enables us to embark on a Phase 2 drilling program, which we see as a valuable cost effective plan‐of‐action for our shareholders,” said Cornerstone President and Chief Executive Officer Paul Cowley.

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