Cornerstone Capital Resources Inc....tax 23.8% IRR and after-tax 15.7% IRR) o July 14: INV Metals announced a pre-FS on its Loma Larga deposit, containing > 3 M oz gold resources (after-tax

TSXV-CGP OTC-CTNXF F-GWNExploring World Class Mineral Districts

Cornerstone Capital Resources Inc.

Part 1. – 15% Carried Interest in Cascabel Cu Au Project &

Prospect Generation in Ecuador, the most underexplored

part of the Andes

Part 2. - Project Exploration in the core of a new

mineralized district in Northern Chile

1

16 November 2016

TSXV-CGP OTC-CTNXF F-GWN

CAUTIONARY STATEMENTS

This presentation includes ‘Forward-Looking Statements’ as well as historical information. These statements

include Cornerstone Capital Resources’ continued advancement of its mineral exploration programs. When used

in this presentation, the words “potential,” “anticipate,” “forecast,” “believe,” “estimate,” “expect,” “may,”“project,” “plan,” and similar expressions are intended to be among the statements that identify ‘Forward-

Looking Statements.’

Although Cornerstone Capital Resources Inc. 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. For us, uncertainties arise

from the behaviour of financial and metals markets and from numerous other matters of national, regional, and

global scale, including those of an environmental, climatic, natural, political, economic, business, competitive, or

regulatory nature. These uncertainties may cause our actual future results to be materially different than those

expressed in our forward looking statements.

Although Cornerstone believes the facts and information contained in the pages of this presentation to be as

correct and current as possible, Cornerstone does not warrant or make any representation as to the accuracy,

validity or completeness of any facts or information contained in these pages. Nothing in this presentation

constitutes either an offer to sell or a solicitation of an offer to buy any securities in the United States or any other

jurisdiction.

The technical information contained in this presentation has been reviewed and approved by Yvan Crepeau,

P.Geo, MBA, Cornerstone’s VP Exploration and President of Cornerstone Ecuador SA and Minera Cornerstone

Chile, who is a qualified person in accordance with Canada’s National Instrument 43-101.

2

http://www.sedar.com/


Management

3

H. Brooke Macdonald, B. Bus., L.L.B.

Director, President & CEO - Brooke has over 25 years experience in the

mining industry, specializing in the legal aspects of exploration and mine

development with an emphasis on Latin America. From 2004-2008 He was VP

Legal Affairs for Skye Resources Inc. until its acquisition by HudBay Minerals

Inc. Before that he worked with Placer Dome as legal counsel for Latin America

exploration and later as country manager in Venezuela. Prior to joining Placer,

he practiced law with Baker & McKenzie in Venezuela for four years. He earned

his law degree from Queen's University in Ontario, was admitted to practice in

British Columbia in 1984 and in New York in 2002.

Yvan Crepeau, P.Geo.

VP Exploration - Yvan is an explorationist with over 25 years of

experience in the evaluation and management of exploration projects in

Eastern Canada, Asia, Central and South America, including complex

contract and permitting negotiations with government entities. He holds an

MBA from HEC in Montreal, specializing in International Management, and

a BSc in Geology from the University of Montreal.


Management (Cont.)

4

Colin McKenzie, P. Geo. - Non-Exec. Chairman - Colin been a director of

Cornerstone since 2006 and served as President & CEO from 2008 to 2010.

From 2004 to 2008, He was VP Exploration for Skye Resources, engaged in the

development of the Fenix nickel laterite deposit in Guatemala. Before joining

Skye, he was Director, Exploration for Inco, where he was in charge of

exploration in Latin America as well as responsible for generating new business

opportunities from Inco's portfolio of non-core exploration properties. From 1996

to 2000 he was VP Exploration for Voisey's Bay Nickel, responsible for

managing exploration and resource evaluation of the Voisey's Bay deposits.

Prior to that he held increasingly senior exploration positions with Rio Algom

and at BP Mining, where he was credited with the discovery of the Hope Brook

gold deposit. Colin holds B,Sc, (Honours) and M,Sc, degrees in Geology from

Dalhousie University.

Sabino DiPaola, CA – CFO – Sabino is a graduate of Concordia University,

and also serves as the CFO of several other Canadian TSXV listed exploration

companies. He has 10 years' experience in audit, finance and accounting while

working as an auditor for PricewaterhouseCoopers and BDO Canada, has been

involved with numerous financing and spin out transactions.


Share Capitalization

5

• Treasury Position: $CAD 3.1M @ Sept. 30, 2016

• Debt: $0

Common Shares 286,930,996

Listed warrants 26,666,667

Private warrants 88,031,000

Stock options 24,245,333

Finder’s warrants 6,263,292

432,137,288


Option Breakdown

6

Price Expiry Date Amount

$0.14 January 13, 2017 1,440,000

$0.10 May 8, 2018 970,000

$0.10 June 11, 2018 125,000

$0.185 March 5, 2019 3,875,000

$0.10 January 29, 2020 2,377,000

$0.10 June 4, 2020 50,000

$0.05 June 13, 2021 3,133,333

$0.11 August 8, 2021 2,875,000

$0.15 November 15, 2021 9,400,000

24,245,333


Warrants Breakdown

7

Price Expiry Date Amount

$0.35 April 2019 26,666,667

$0.20 April 2019 1,808,450

$0.10 May 12, 2021 88,031,000

$0.05 May 12, 2018 4,454,842

120,960,959


PROPERTIES

8

CHILE

100% - OWNED PROPERTIES

Miocene - Porphyry Au-Cu and Epithermal Au-Ag

JOINT VENTURED PROPERTIES

Cascabel – Porphyry Cu –Au (SolGold)

100% - OWNED PROPERTIES

Vetas Grandes – Epithermal Au-Ag

Bella Maria – Porphyry and breccia hosted Au-Cu

OPTIONED PROPERTIES TO EARN 100%

Caña Brava – Porphyry Au-Cu & Epithermal Au-Ag

PROJECT GENERATION

GENEX program

ENAMI EP strategic alliance agreement

CANADA

Head Office: Ottawa, ON

ECUADOR

TSXV-CGP OTC-CTNXF F-GWN9

• Cornerstone Capital Resources Inc. (TSX-V:CGP)

o Prospect Generator

o Focus on Ecuador and Chile

• Cornerstone Ecuador SA (CESA)o Since 2005

o Investment: >$US 30M, >75% by partners

o Strategic Alliance (SA) and Joint Venture (JV) model

o Approach: project Generation (GENEX)

o Partners and projects (JVs and 100%-owned)

o April-May 2016 Financing

o Current strategy

• Exploraciones Novomining SA (ENSA)

o Cascabel JV

• Minera Cornerstone Chile Ltda (MCCL)

o Prospect generator

o Miocene project

CORNERSTONE AND SUBSIDIARIES


• US$, no exchange controls, foreign investor may own 100% of

mineral rights

• > 500,000 bpd oil exports (with limited reserves)

• Political stability: Rafael Correa in power 10 years, re-elected Feb

2013 in landslide, new elections in February 2017

• President Correa Champion of large scale mining. See March 2016

video from Correa’s visit at FDN: https://vimeo.com/161555884

• Unprecedented infrastructure investment

o New highways built. 89% of country’s roads improved

o 9 Hydroelectric plants being built and starting in 2016 will

provide 8,300 MW of clean, low-cost energy

o 15 airports and 5 international seaports improved

o Multiple schools and medical centers built all over the

country

ECUADOR INVESTMENT CLIMATE

GENERAL



• 2006-07: Mineral exploration frenzy (Aurelian-FDN, EcuaCorriente-

Mirador, Iamgold-Quimsacocha, International Minerals-Rio

Blanco,...)

• 2008: Mining Mandate (Temporary Moratorium)

• 2009 & 2010: New Mining Law and new Mining Regulations

• 2011: Cornerstone 1st company to receive drill permit at Shyri-Gama

• 2013: Wood Mackenzie retained to assist in reviewing regulations

and taxation in the mining sector

• 2014:

o Cornerstone/SolGold’s discovery hole at Cascabel

o Ross Beatty acquires Odin Mining (Cangrejos project). A

15,000m drilling program started in October

o Lundin Gold acquires Fruta Del Norte (FDN) from Kinross

o Ecuador successfully returns to the bond market

o Ecuador negotiates Free Trade Agreement with European Union

MINING SECTOR – IMPORTANT MILESTONES



• 2015:

o Creation of the Ministry of Mining in February

o CODELCO starts drilling Junín (Llurimagua) world-class porphyry

Cu-Mo deposit

o Construction phase begins at Mirador Cu project

• 2016:

o Lundin Gold signs the Exploitation Agreement Terms and

Conditions for their 9.48 M Oz gold (Indicated + Inferred) FDN

deposit (4.82M oz. gold mineable reserves)

o Claim staking process implemented in March. 700,000 Has

applied for in the first few weeks and more than 1M hectares

applied for to date

o Lundin Gold starts an exploration/drilling campaign on regional

targets near FDN



• 2016 (cont’d):

o Cornerstone and ENAMI EP sign definitive SA and JV agreement

to jointly explore in Ecuador. ENAMI has a preferential right to

acquire any ground in the country

o Successful financing for INV Metals (Loma Larga deposit),

Salazar Resources (El Domo deposit) and Cornerstone

o On June 6, Lundin Gold announced a positive FS on FDN (pre-

tax 23.8% IRR and after-tax 15.7% IRR)

o July 14: INV Metals announced a pre-FS on its Loma Larga

deposit, containing > 3 M oz gold resources (after-tax 26.3%

IRR)

o On July 14, Ecuador’s government approves FDN change from

exploration to exploitation phase. Lundin obtains

environmental permit for development



• Fiscal stability contracts 25 yrs, renewable

• Accelerated depreciation, investor choice of 5 - 10 years

• Extraordinary income (windfall profits) tax (70%) only applicable

when metal price exceeds 10 yr. rolling monthly average plus one

standard deviation (likely 1 of every 7 years).

• Currency exportation tax (ISD) exemption for mining sector

• VAT (12%) refunds starting in 2018 adds up to 1.5% to IRR

• Limited applicability of capital gains tax

“Extraordinary Income (windfall profits) Tax and Sovereign adjustment are unlikely to be paid

under normal circumstances, and never before discounted payback of the initial investment”

(Wood Mackenzie PDAC 2016 Presentation)

MINING SECTOR – TAX ISSUES


Ecuador’s tax burden is competitive compared with regional countries

MINING TAXATION REGIME

Source: Wood Mackenzie presentation at PDAC 2016


Projects with other cost structures yield different percentages, but do not

alter the conclusion that Ecuador’s tax burden is in the competitive range

MINING TAXATION REGIME

Source: Wood MacKenzie presentation at PDAC 2016


ECUADOR PROJECTS

Cornerstone JV Projects

• Cascabel

Cornerstone 100%-Owned and optioned Projects

•Vetas Grandes

• Bella Maria

• Caña Brava*

* Option to earn 100%

17

Epithermal (Au-

Ag) & Porphyry

(Au-Cu) Targets


CASCABEL (Cu-Au)

• JV SolGold plc 85% Cornerstone

15%

• Exploration Funding 100%

SolGold

• Targeting porphyry copper – gold

deposits

• Located in same belt as Junin

(now Llurimagua) porphyry Cu-

Mo deposit (982 M tons at 0.89%

Cu , 0,04% Mo) and the Colosa

porphyry Au deposit (905 M tons

at 0,92 g/t Au) located to the

north in central Colombia


EXPLORATION

History

• Stream sediment (SS) anomaly defined by regional BGS survey

• Property acquired from SBRL in March 2011 and reconnaissance work identified a

3x3 km rock chip anomaly within a 5x5 km stream sediment anomaly

• Systematic exploration program started in May 2012. Alpala discovery outcrop

found through prospecting work in the 1st field sequence

• Good exploration results reported every month and all over the property: good signs

• Heli-borne magnetic survey

• Terraspec mineralogical mapping of soils

• Deep penetration 3D IP Orion survey

TARGETS TO DATEPorphyry Cu-Au (14): Alpala (5), Triviño, Aguiñaga, Tandayama-America,

Chinambicito, Cristal, Carmen, Parambas, Moran …and new targets added regularly

CASCABEL (Cu-Au)

INFRASTRUCTURE

• Paved road to site. 196 km (3 hrs drive) from Quito

• Available electrical power / water

• Important industrial port in Esmeraldas City (222 km to

project site) downhill and by paved roads

• Old railroad from Ibarra to San Lorenzo being rehabilitated for

tourism as a first step


Significant intersections from CSD 13-001 (First hole ever drilled

on the property)302m @ 0.34% Cu, 0.48 g/t Au (0.77% Cu Eq) from 16m, including:

104m @ 0.37% Cu, 0.38 g/t Au (0.71% CuEq) from 16m and,

100m @ 0.65% Cu, 1.00 g/t Au (1.55% CuEq from 222m)

…from CSD 13-005 (Discovery hole)

1306m @ 0.62% Cu & 0.54 g/t Au (1.10% Cu Eq) from 24m to EOH, including:

672m @ 0.93% Cu, 0.91 g/t Au (1.74% CuEq) from 658m to EOH) or,

552m @ 1.03% Cu, 1.05 g/t Au (1.97% CuEq) from 778m to EOH) or,

258m @ 1.27% Cu, 1.40 g/t Au (2.52% CuEq) from 1052m to EOH

CASCABEL (Cu-Au)

…from CSD 14-007958m @ 0.40% Cu, 0.17 g/t Au (0.55% Cu Eq) from 654m, including:

238m @ 0.65% Cu, 0.35 g/t Au(0.96% CuEq) from 1056m

2.97% Cu, 4.09 g/t Au

CSD 14-007 1232.20m

1.22% Cu, 0.76 g/t Au

Note: Copper Equivalent (CuEq) has been calculated using $2.20 / Lb Cu and $1350 / oz Au


CASCABEL (Cu-Au)

21

…from CSD 14-008

914.5m @ 0.41% Cu, 0.44 g/t Au (0.80% CuEq) from 396m, including:

448.5m @ 0.56% Cu, 0.64 g/t Au (1.13% CuEq) from 862m or,

282m @ 0.60% Cu, 0,76 g/t Au (1.28 % CuEq) from 904m

…from CSD 14-009

1270.8m @ 0.59% Cu, 0.77 g/t Au (1.28% CuEq) from 430m, including:

772m @ 0.80 % Cu, 1.19 g/t Au (1.87% CuEq) from 710m or,

420m @ 1.00% Cu, 1.34 g/t Au (2.20% CuEq) from 1062m or,

178m @ 1.60% Cu, 2.47 g/t Au (3.81% CuEq) from 1208m 3.04% Cu, 9.54 g/t Au

Intense B-veins stockwork with chalcopyrite

…from CSD 15-010 (abandoned at 974m, before reaching the expected high

grade zone

394m @ 0.38% Cu, 0.36 g/t Au (0.70% CuEq) from 446m, including:

156m @ 0.63 % Cu, 0.74 g/t Au (1.29% CuEq) from 684m or,

80m @ 0.86% Cu, 1.19 g/t Au (1.93% CuEq) from 760m

…from CSD 15-011

636m @ 0.538% Cu, 0.40 g/t Au (0.90% CuEq) from 996m, including:

58m @ 1.45 % Cu, 1.44 g/t Au (2.74% CuEq) from 996m and,

106m @ 0.73% Cu, 0.50 g/t Au (1.18% CuEq) from 1412m

FIELD WORK DISCOVERED NEW OUTCROPPING

MINERALIZED ZONES DURING 2016Q1 and Q2 AT

TRIVIŇO, PARAMBAS, CARMEN AND ALPALA SOUTH


…from Hole CSD 15-012

• 1312m @ 0.76% Cu, 0.77 g/t Au (1.37% CuEq) from 128m, including:

o1002m @ 1.45 % Cu, 1.44 g/t Au (2.59% CuEq) from 438m and,

o468m @ 1.14% Cu, 1.40 g/t Au (2.25% CuEq) from 876m

...from Hole CSD 15-014

• 476m @ 0.63% Cu, 0.65 g/t Au (1.22% CuEq) from 808m

...from Hole CSD 15-015R2

750m @ 0.67% Cu, 0.50 g/t Au (1.12% CuEq) from 890m, including

...from Hole CSD 15-016

1146m @ 0.63% Cu, 0.78 g/t Au (1.32% CuEq) from 516m,including

[email protected] % Cu, 1.34 g/t Au (1.34 CuEq) from 928m



…and from Hole CSD 16-017 - LAST HOLE TO DATE

...from Hole CSD 15-015R2



CASCABEL (Cu-Au)


CASCABEL – DEVELOPMENT CONCEPT

20


Summary• Cascabel project brought from a regional stream sediment anomaly to drilling

stage in 17 months…and to discovery hole in less than 22 months

• Environmental Impact Study (EIS) completed/approved in 7 months

Environmental license granted 24 hrs after EIS approval

• Very strong social license

• Alpala target drill tested to date but only one of several porphyry and

epithermal targets to be tested on the 50 km² property

• Surface exploration results, deep and extensive geophysical anomalies and

drilling results are supportive of a large gold-enriched porphyry copper

occurrence

• Partner SolGold is funding 100% of project to finalization of a bankable

feasibility study

CASCABEL (Cu-Au)

CASCABEL IS A GOOD EXAMPLE OF CORNERTONE’S BUSINESS

MODEL AND CAPABILITY TO “DELIVER THE GOODS”


CESA PROPERTIES

25

Vetas Grandes & Bella Maria 100%-Owned

properties

Caña Brava Optioned to earn 100% property


VETAS GRANDES (Au-Ag)

• Epithermal Low to Intermediate Sulphidation gold-

silver prospect

• Extensive surface sampling, trenching and

geophysical surveys completed

• Several large, 3m to 7m veins and quartz vein/vein

breccia/stockwork forming swarm striking east-

northeast over 1.4 km

• Excellent correlation between mapped veins, rock

assay results, soil geochemistry

• Bonanza style mineralization: 3.4m grading 53.4 g/t Au

and 641.0 g/t Ag

• Regional mapping and prospecting work suggest that

Vetas Grandes could be part of a new mineral district



Excellent correlation between mapped veins,

rock assay results and IP chargeability /

resistivity anomalies

Modeling using multi-elements geochemical

distribution and ratios, spectrometry work,

quartz vein textures defined prospective

precious metals horizons and drill targets

Potential: 1Moz + gold and

significant Ag

Never has been drilled…and is

drill-ready

27



28

TENTATIVE WORK PROGRAM & BUDGET - VETAS GRANDES PROJECT Apr-16

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 Activity Cumulative %

Work program

Concessions fees 2016 (2300 hectares)* $ 42.090 $ 42.090 1%

Concessions fees 2017 (2300 hectares)* $ 46.000 $ 88.090 2%

Prospecting work ** Property and district scale $ 90.000 $ 178.090 3%

Detailed geology - 2 teams *** $ 0 $ 178.090 0%

Soil geochem *** $ 0 $ 178.090 0%

Trenching *** $ 0 $ 178.090 0%

Geophysics - Magnetometer *** $ 0 $ 178.090 0%

Geophysics - IP *** $ 0 $ 178.090 0%

Drilling target definition *** $ 20.000 $ 198.090 1%

DDH - Phase 1 - 2500m $ 875.000 $ 1.073.090 29%

Evaluation of results - Phase 1 11 months $ 15.000 $ 1.088.090 0%

DDH Phase 2 - 5000m $ 1.750.000 $ 2.838.090 57%

Evaluation of results - Phase 2 18 months $ 15.000 $ 2.853.090 0%

$ 2.853.090 94%

Permitting

Social License and community relations program LS 6 months $ 100.000 $ 100.000 3%

Environmental License & management LA 6 months $ 75.000 $ 175.000 2%

Water permit PA 6 months $ 20.000 $ 195.000 1%

$ 195.000 6%

* Advanced Exploration Stage (AES, Drilling) $ 3.048.090 $ 169.338 (ave/mo)

** Optional TOTAL + 10% contingencies $ 3.352.899 $ 186.272 (ave/mo)

*** Work completed

TOTAL:

ADVANCED EXPLORATION PHASE (first 1.5 of 4 years)

87%

Phase 1 - 2500m

Phase 2- 5000m

SHYRI - VETAS GRANDES PROJECTYear 1 / Month Year 2 / Month Budget


BELLA MARIA (Au-Cu)

• Exceptionally high gold content in stream sediment

and free gold panned samples over the entire

property

• Soil geochemistry surveys have outlined a large (3

km x 2 km) coincident gold – copper +/- molybdenum

in-soil anomaly associated to porphyry-style

mineralization in the central portion of property

• Seven (7) mineralized prospects identified

Free Gold in

Pan

Concentrates


BELLA MARIA (Au-Cu)

• Newmont drilled thirteen holes on porphyry gold type mineralized zones 0-3km south of concession:

o Trinchera and Paloma targets: Seven drill holes cut greater than 70m at 0.5 g/t Au cut-off. Drill hole C99-14 cut 1.6 g/t

Au and 0.2% Cu over 192m, including 3.1 g/t Au plus 0.3% Cu over 46m.

o Cacique target: A 22m intercept assayed 2.6 g/t Au and approximately 0.2% copper.

• Odin drilled 9 holes (3540m) intersecting significant porphyry Au-Cu style mineralization:

o Hole #47: 405m @ 0,66 g/t Au, 0,09% Cu ( 0.82 g/t AuEq)

o Hole #51: 344.4m @ 0,67 g/t Au, 0,10%cu (0.83 g/t AuEq)

Both holes with higher grade, 50-100m thick, zones grading 1.5 to 2 g/t AuEq

Bella Maria 3D Topo, district geology, mineralization and exploration results


BELLA MARIA (Au-Cu)

• Stream sediment samples collected across the property are

exceptionally anomalous in gold

• Large (3 by 2 km) coincident

gold - copper – molybdenum in-

soil anomaly identified in central

part of property

• Strong gold-copper

mineralization found by

drilling just south of property

(Odin Mining)

31

Results to date indicate excellent potential to host significant

porphyry and structurally controlled (breccias and veins) gold

and copper mineralization. Property never has been drilled but is

drill-ready

• Seven (7) mineralized Au-Cu

prospects have been identified


CAÑA BRAVA (Au-Ag-Cu)

Property hosts IS and HS epithermal gold-silver zones defined by extensive hydrothermal

breccia and silica ribs developed on top of porphyry gold-copper style mineralization



Geology map and DDH proposal

4 Mineralized zones defined:

• Porphyry style at Q. Soroche and Q. Cana Brava

• Epithermal style at Soroche Norte and Noreste

33

RTP ground magnetic data and interpretation



34

Rock and soil Gold (Au) assay results

Rock and soil Silver (Ag) assay results

Geochemical signature:

• Epithermal IS veins at Soroche Norte with Au-Ag-Pb-

Zn +/- As-Sb-Hg correlation

• High grade Au and Ag values associated to NE

oriented silicified ribs

•Epithermal HS Au-Ag mineralization at Sector Norte



Rock and soil Copper (Cu) analytical results

Rock and soil Molybdenum (Mo) assay results

Geochemical signature:

• Porphyry style at Soroche and Q. Cana Brava with

strong Cu-Mo-Au correlation

• Peripheral and intermediate sulphidation at

Soroche Norte

• Highly anomalous Mo +/- Cu values

Results strongly suggest that a porphyry

system(s) lies at depth below Soroche and Q.

Caña Brava targets with peripheral higher level

Intermediate Sulphidation veins at Soroche

Norte

Property never has been drilled. Phase 1 drilling

program (3,200m) is proposed

35


GENERATIVE PROGRAM

Example: BLOCK 2 – GOLD

• Several datasets: > than 50,000 samples

• First-pass data processing completed with

93 anomalous areas defined

• Operational structure in place

Cornerstone has a strong capability to

generate and explore new projects


GENEX & TARGETING

37

• Second step, detailed

compilation program

completed

• 4 Zones, 5.55 M Has

• 100 gold and/or copper

exploration targets defined

Targeting program: Cornerstone properties, main deposits, prospects,

areas investigated, targets defined and concessions applied for

Several target areas applied

for (60,000 Has) under the

ENAMI EP JV and on our own

More could be done with a

JV partner or partners


STRATEGIC ALLIANCE WITH ENAMI

• Regional data compilation and integration

• Target areas defined using newly developed metallotects

• Zone 1 detailed data integration completed: 35 targets defined. 9 highest priority targets (60,000 has) selected for ground

surveys.

On June 14, 2016, Cornerstone Ecuador SA (CESA) signed the definitive Strategic Alliance and Joint

Venture agreement with Ecuador’s State Mining Company, ENAMI Empresa Pública.

ENAMI EP has a preferential right to acquire mining concessions anywhere within the country. It has

applied for approx. 40,000 Has of high quality targets in the Cascabel district under the JV agreement.

38

Cornerstone has applied for approx.15,000 Has on its own under the public bidding process.


WHY ECUADOR?

ECUADOR – AN OPPORTUNITY TO GAIN A FIRST MOVER ADVANTAGE

In addition to being the last Andean nation that is largely unexplored, Ecuador has the

advantages of abundant water and electrical power (and low power costs), excellent

highway and port infrastructure, and already is known to host world class deposits. The

discovery of the Cascabel high grade copper-gold porphyry at surface by prospecting

clearly demonstrates the underexplored nature of the country and its high potential to

host easier-to-find deposits compared to its more mining-more mature neighbor

countries. Recent changes in the tax regime makes the country competitive with Chile,

Colombia, Brazil, Mexico and Peru.

Cornerstone has an experienced team of geologists who have been continuously active

in Ecuador since 2005, and is one of the most successful exploration companies active

there.

Potential partners can significantly de-risk their investment in the country by

operating through a JV or Strategic Alliance with Cornerstone, acquiring a first

mover advantage in one of the last mining frontiers in the Andes.

39

Ecuador: Latin America’s newest mining destination


CHILE – MIOCENE PROJECT

Miocene property geology map showing prospective

areas

40



Gold assay results of Miocene project

rock samplesMiocene property, alteration zones

and mineral prospects.

41



Arsenic assay results of Miocene

project rock samples.

Mercury assay results of Miocene

project rock samples.

42



Copper assay results of Miocene project

rock samples.

Molybdenum assay results of

Miocene project rock samples.

43


WHY CORNERSTONE?

44

• 15% interest in Cascabel financed to Bankable Feasibility Study

• Timely opportunity for project generators in Ecuador

• Underexplored country hosting world class precious and base metals

deposits

• Competitive tax regime and new regulations recently implemented

making the country significantly more attractive

• First mover advantage

• Operational structure in place since 2005: Expertise and databases

• 3 Drill-ready and JV-ready projects

• 5.6M Has targeting program completed. 100 Cu and Au targets defined

• New concessions applied for and some more that could be applied for

under ENAMI JV or under the general bidding process

• World class Cascabel discovery made in less than 2 years from an

early grass-root, regional exploration program. 55,000 Has applied for in

the same district.

• Exploring in the core of a new mineral district in northern Chile


www.cornerstonresources.com

45

Documents

Cornerstone Capital Resources Inc....tax 23.8% IRR and after-tax 15.7% IRR) o July 14: INV Metals announced a pre-FS on its Loma Larga deposit, containing > 3 M oz gold resources (after-tax