Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") (TSX
VENTURE:CGP)(OTCBB:CTNXF)(FRANKFURT:GWN)(BERLIN:GWN) announces that it has
amended the Miocene (Chile) Property Agreement (see news release dated February
22, 2011), by extending the time for completing $5 million in exploration
expenditures. The Miocene Project can be viewed on the Cornerstone web site at
http://www.cornerstoneresources.com/s/Chile.asp?ReportID=450381.


Under the amended Agreement, Cornerstone has the right to acquire an undivided
100% interest in any concessions acquired using a proprietary database within
the Miocene Project area in return for the following consideration (all
references to $ are to Canadian $):




----------------------------------------------------------------------------
On or before                                           Exploration or Other 
                           Cash           Securities       Work Commitments 
----------------------------------------------------------------------------
April 28,                       Common Shares valued                        
 2012(Paid)       $      20,000           at $20,000          Nil (deferred)
----------------------------------------------------------------------------
April 28, 2013              Nil                                             
                      (deferred)       Nil (deferred)         Nil (deferred)
----------------------------------------------------------------------------
April 28, 2014                  Common Shares valued                        
 (Paid)           $      20,000           at $20,000          Nil (deferred)
----------------------------------------------------------------------------
April 28, 2015                  Common Shares valued                        
                  $      30,000           at $30,000  $             500,000 
----------------------------------------------------------------------------
April 28, 2016                  Common Shares valued                        
                  $      60,000           at $60,000  $             500,000 
----------------------------------------------------------------------------
April 28, 2017                  Common Shares valued                        
                  $     120,000          at $120,000  $           1,000,000 
----------------------------------------------------------------------------
April 28, 2018              Nil                  Nil  $           1,500,000 
----------------------------------------------------------------------------
April 28, 2019              Nil                  Nil  $           1,500,000 
----------------------------------------------------------------------------



The acquisition is subject to a 2.0% Net Smelter Royalty ("NSR"), one-half
(1.0%) of which can be purchased by Cornerstone at any time for $1,000,000. 


So far, mineral concession applications covering a total of 14,111 hectares
(141.1 km2) have been filed which encompass highly prospective ground within the
Miocene Project area. Cornerstone has already incurred almost $700,000 in
qualified exploration expenditures on the Miocene Project and after the work
planned for later this year is completed (see below) will have spent over $1
million, satisfying the exploration work commitment through April 28, 2016. The
Company is continuing to seek a partner to help advance exploration on this
exciting early-stage project. 


The Miocene Project

The Miocene Project, held by Cornerstone's Chilean subsidiary Minera Cornerstone
Chile Limitada (MCCL), is located in the Regions of Atacama and Antofagasta of
northern Chile, and is targeting epithermal gold-silver and porphyry gold-copper
deposits along the interpreted northern extension of the Maricunga magmatic belt
which hosts several world-class gold deposits. 


A regional exploration program was completed on the Miocene Project during the
first half of 2012. Alteration mapping using Aster (Advanced Spaceborne Thermal
Emission and Reflection Radiometer) satellite imagery, combined with historical
airborne magnetic survey data and regional geological and structural data, was
used to define prospective areas for ground follow up. Reconnaissance geological
mapping at a scale of 1:25,000, rock sampling and widely spaced soil sampling
(2,000 m by 500 m and 1,000 m by 250 m) were carried out over a large area of
70,000 hectares (70 km2) covering exposed and altered bedrock and adjacent soil
and gravel-covered pampas. Soil samples were analyzed utilizing a combination of
analytical techniques designed to detect deep and/or buried mineralization.
Geological mapping and spectrometry work better defined the alteration zones
(type, size and distribution) that were identified by the Aster satellite
imagery. Geochemical anomalies were defined for base metals, precious metals and
pathfinder elements associated with porphyry gold-copper and epithermal
gold-silver styles of mineralization. 


Some of the Miocene concessions lie adjacent to Mirasol Resources Ltd.'s newly
discovered epithermal high sulphidation Titan and Atlas prospects, where
significant gold and silver assay results have been outlined by trenching and
reverse circulation drilling. Cornerstone holds a strong land position in this
part of the Miocene Belt including approximately 14,000 hectares in the same
district. The Company is encouraged by early results from Mirasol's Titan and
Atlas projects, which serve to support the conceptual model utilized in
acquiring the Miocene concessions. 


The Company will re-commence exploration in November 2014 at Miocene (during the
Austral summer). Work planned includes detailed satellite imagery, a 4-5 months
field program to complete prospecting work, systematic rock and soil sampling
over prospective geology/alteration followed by trenching and ground geophysical
surveys where appropriate, to define drill targets. 


Qualified Person:

Yvan Crepeau, MBA, P.Geo., Cornerstone's Vice President, Exploration and a
qualified person in accordance with National Instrument 43-101, is responsible
for supervising the exploration program at the Miocene Project and has reviewed
and approved the information contained in this news release.


About Cornerstone:

Cornerstone Capital Resources Inc. is a well-funded mineral exploration company
based in Mount Pearl, Newfoundland and Labrador, Canada, with a diversified
portfolio of projects in Ecuador and Chile, 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.
Commitments from JV partners constitute significant validation of the strength
of Cornerstone's projects.


Further information is available on Cornerstone's website:
www.cornerstoneresources.com and on Twitter. 


Cautionary Notice:

This news release may contain 'Forward-Looking Statements' that involve risks
and uncertainties, such as statements of Cornerstone's plans, objectives,
strategies, intentions and expectations. 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 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, predicting natural geological phenomena 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 this news
release 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 herein and these statements should not be relied
upon as representing its views subsequent to the date of this news release.
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 except where outcomes have varied materially from
the original statements. 


On Behalf of the Board, 

Brooke Macdonald, President and 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. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
For investor, corporate or media inquiries:
Cornerstone Capital Resources Inc.
Investor Relations:
North America toll-free: 1 (877) 277-8377
ir@cornerstoneresources.ca
www.cornerstoneresources.com