Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") (TSX
VENTURE:CGP)(FRANKFURT:GWN)(BERLIN:GWN)(OTCBB:CTNXF) announces the following
project update for the Stage 2 drill program at the Alpala prospect within the
Cascabel Project at the Company's copper-gold porphyry joint venture exploration
project in northern Ecuador. 


Highlights: 



--  Expansion, deepening and further refinement to magnetic modeling
    confirms multiple, large targets northwest, west and southeast of the
    current drilling at Alpala; 
    
--  Hole 6 completed to final depth of 1401.5 metres. Final Assays expected
    by mid May; 
    
--  Hole 7 location confirmed between 5 and 6 and drilling south-west; 
    
--  Planning for metallurgical tests underway for Hole 5 mineralization; 
    
--  Quantec "Orion" IP survey expected to commence within 2 weeks 



Brooke Macdonald, Cornerstone's President & CEO said: "New geological
information provided by Hole 6 and re-processing of the magnetic data are
helping us to refine the overall exploration model at Alpala and, more
importantly, clearly demonstrate the enormous size potential of this porphyry
target. It is important to note that while Alpala is the most advanced target at
Cascabel, it is only one of several targets still to be fully explored and drill
tested on this 50 km2 concession". 


References to figures related to the version of this release on the Company's
website (www.cornerstoneresources.com) or visible in PDF format by clicking the
link below:


http://www.cornerstoneresources.com/i/pdf/NR14-12Figures.pdf. 

3D Inversion Magnetic Modeling

The initial 3D inversion magnetic model at Alpala - which maps the distribution
of magnetic rocks often associated with mineralized zones of porphyry systems -
extended from surface to around 1100 metres depth. The initial model was created
to assist in identifying targets that might be amenable to open-pit
exploitation. 


Following the recent discovery of high-grade copper and gold in Hole CSD-13-005
("Hole 5") below the depth of the initial magnetic model, a refined and greatly
expanded model was created for the Alpala region by Chris Moore of Moore &
Associates (Aust) Pty. Ltd. This work is ongoing. The new magnetic model is
extended to 2500 metres depth to identify high-grade targets that might be
amenable to deeper block-cave underground mining. The new model is also being
extended further to the west, to cover a larger area of the Alpala magnetic
region. The result of this new modeling is not only a significant refinement in
model accuracy, but it also allows SolGold to view the entire magnetic domain in
three dimensions rather than just the shallow eastern domain.


Previous representations of the magnetic bodies at Alpala were constrained to
areas less than 1100 metres in depth, and optimized for areas shallower than 600
metres, and mostly east of the area of current drilling where a magnetic
apophyse was identified.


The new modeling is revealing a deeper and much more magnetic westward extension
to these eastern anomalies. The new deeper model allows us to see previously
unrecognized but more intense magnetic anomalies to the west and northwest of
Hole 5. Very significantly, the high-grade porphyry copper-gold mineralization
in Hole 5, which occurred in association with magnetite and high magnetic
susceptibility readings in drill-core, now correlate well with the refined
magnetic model (see Figure 2). 


On Section 1 (Figure 2), the magnetic anomaly that coincides with the principal
688-metre-long high grade copper-gold intersection in Hole 5 extends and
thickens markedly down-plunge towards the southwest. Significant volumes of
magnetic rock are modeled in this region, and based on the results of Hole 5 are
interpreted to be mineralized zones of magnetite-rich potassic alteration and
which are potentially copper-gold bearing. 


On Section 2 (Figure 3), located approximately 150m further to the northwest, a
parallel vertical slice through the magnetic model shows a very similar
geometry, with a thick wedge of modeled magnetic rock covering a significant and
equivalent cross-sectional area as on Section 1. 


Figures 4 and 5 present views of selected iso-surfaces from the new and refined
inversion model, and illustrate the overall geometry of the magnetic bodies at
Alpala. The robustness of this model is confirmed, not only, by the grade-model
correlation in Figure 2, but also by the location of halo mineralization in Hole
3 just above the Southeast magnetic target, and similar halo grades at surface
in the Quebrada Moran trenches which lie proximal to and above the Northwest
magnetic target. 


Figure 6 shows a northwest-southeast oriented long-section through the new
Alpala magnetic model (see Figure 1 for long-section location).


It is apparent that the vertically extensive and high-grade copper-gold
intersection in Hole 5 coincides well with the modeled, gently-dipping magnetic
anomaly that lies at depths of around 800m to 1800m and that spans a strike
length of over three kilometres.


Hole CSD-14-006 Update

Hole CSD-14-006 ("Hole 6") was terminated on the 20th April at 1401.5 metres
depth. The location of Hole 6 is shown in Figures 1, 4 and 5.


The hole intersected a thick sequence of volcaniclastic breccias which were
argillic-altered from surface to 471 metres depth, propylitic-altered from 471
to 965.5 metres depth, phyllic altered from 965.5 to 1111.5 metres depth and
then potassic-altered with variable phyllic and propylitic overprint from 1111.5
to 1395.4 metres, before ending in intense phyllic alteration to end of hole.
Looking at Figures 4 and 5 it is clear that Hole 6 drilled on the margins and to
the east of the Central Zone.


Final assays are expected to be received by the Company by mid-May.

Hole CSD-14-007 Position Selected and Drill Rig Being Mobilized

The location for drill hole CSD-14-007 ("Hole 7") has been selected and the
drill pad is currently being cleared. The hole is being collared to test the
same magnetic anomaly in which Hole 5 intersected 1346m grading 0.61% Cu and
0.53 g/t Au from 24m depth and 688m grading 0.92% Cu and 0.90g/t Au from 658m
depth.


The Hole 7 position will test the shallow northwest-trending mineralized
structural zone (encountered in surface trenches and in Holes 1 and 5) about
150m northwest of Hole CSD-13-005 ("Hole 5"), and then continue deeper to test
the magnetic body, which was highly mineralized in Hole 5. Hole 7 will be
drilled sub-parallel to Hole 5, but at a location around 150 metres to the
northwest, midway between Holes 5 and 6.


The location of Hole 7 relative to Hole 5 and the other holes at Alpala is shown
on Figures 1 and 3-7.


Metallurgical Testing

Cornerstone's joint venture partner on the project, SolGold Plc, is planning to
undertake preliminary metallurgical flotation testing on composites of
mineralization from drill Hole 5, and a testing strategy and agreement with a
commercial metallurgical laboratory will be finalized shortly. 


Induced Polarization (IP) Survey 

Equipment for the Orion DCIP-MT survey at Alpala has arrived in Quito, Ecuador,
and is currently undergoing clearance in customs. When the approximately 4
tonnes of equipment has been cleared, it will be transported to the Rocafuerte
field office in preparation for commencement of surveying. 


Gridding, in preparation for the survey, is well advanced, with all required 108
line kilometres of gridding completed. An additional 10-12 days is required for
final quality control on some grid-points prior to the survey being ready to
commence.


A team of 13 Quantec expatriate personnel is expected to arrive in Ecuador
during May to commence the survey. The setting up and running of the survey is
anticipated to take 27 days to complete and is expected to be completed in June
with final processed data products due during July. 


Whilst conventional IP systems typically see to depths of around 400m, the Orion
system can read chargeability to potential depths of 800m, and beyond if ground
conditions are ideal. The Orion system can also read resistivity-chargeability
data to potential depths of 2 kilometres using magneto-telluric measurements.
The Orion system is a very sophisticated survey technique and will be used to
map sulphide distribution across the entire recognized extent of the lithocap
and magnetic anomalies at Alpala. The Orion system will provide a quantum leap
in data density over conventional IP systems that are the industry norm. 


About Cascabel

SolGold Plc owns 85% of the equity of Exploraciones Novomining S.A. ("ENSA"), an
Ecuadorean registered company that holds 100% of the Cascabel concession in
northern Ecuador. Cornerstone owns the remaining 15% of ENSA, which also holds
the rights to the La Encrucijada gold-silver project. SolGold is funding 100% of
the exploration at Cascabel and is the operator of the project with Cornerstone
Ecuador S.A. providing some exploration and administrative services.
Cornerstone's 15% interest is financed through completion of a bankable
feasibility study. 


Cascabel is located in north-western Ecuador in an under-explored northern
section of the richly endowed Andean Copper Belt, 60 km northeast of the
undeveloped NI 43-101 compliant inferred resource of 982 million tons at 0.89%
Cu Junin copper project.


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 Cascabel project and has reviewed
and approved the information contained in this news release.


Logging, sampling and assaying 

Holes referred to in this release were or are being drilled using HTW, NTW and
NQ core sizes (respectively 7.1, 5.6 and 4.8 cm diameter). Geotechnical
measurements such as core recovery, fracturing, rock quality designations
(RQD's), specific density and photographic logging are performed systematically
prior to assaying. The core is logged, magnetic susceptibility measured and key
alteration minerals identified using an on-site portable spectrometer. Core is
then sawed in half at Cornerstone's core logging facility and half of the core
is delivered by Cornerstone employees for preparation at Acme Analytical
Laboratories (ACME) affiliate laboratory in Cuenca. Core samples are prepared
crushing 1 kg to 80% passing 2 mm (10 mesh), splitting 250 g and pulverizing to
85% passing 0.075 mm (200 mesh) (ACME code R200-250). Prepared samples are then
shipped to ACME in Vancouver, Canada where samples are assayed for a
multi-element suite (ACME code 1E, 0.25g split, 4-acid digestion, ICP-ES
finish). Over limit results for Ag (greater than 100 g/t), Cu, Pb and Zn (each
one greater than 1%) are systematically re-assayed (ACME code 7 TD1 or 7 TD2,
4-acid digestion, ICP-ES finish). Gold is assayed using a 30 g split, Fire Assay
(FA) and AA or ICP-ES finish (ACME code G601). 


Quality assurance / Quality control (QA/QC)

The ACME affiliate preparation facility in Cuenca was audited by Cornerstone
prior to the start of the drilling program and ACME is an ISO 9001:2008
qualified assayer that performs and makes available internal assaying controls.
Duplicates, certified blanks and standards are systematically used (1 control
sample every 15 samples) as part of Cornerstone's QA/QC program. Rejects, a 100
g pulp for each core sample and the remaining half-core are stored for future
use and controls.


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. For investor, corporate or media
inquiries, please contact: 




Investor Relations:                                                         
Email: ir@cornerstoneresources.ca                                           
North America toll-free: 1 (877) 277-8377                                   



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

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: 
Cornerstone Capital Resources Inc.
toll free 1-877-277-8377
communications@crigold.com
www.cornerstoneresources.com