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Re: Matej123 post# 121955

Monday, 01/03/2011 11:47:17 PM

Monday, January 03, 2011 11:47:17 PM

Post# of 233072
Cornerstone halt comes off tomorrow will have to see which sites are cover by news and what role Vale and Moly play IMO

http://www.moly.com/Moly+News/MarketWire/MarketWire/NEWS260060/Cornerstone+Announces+Start+of+Diamond+Drilling+on+the+Red+Cliff+Copper+Property+in+Newfoundland.htm
MOUNT PEARL, NEWFOUNDLAND--(Marketwire - Nov. 4, 2010) - Cornerstone Capital Resources Inc. ("Cornerstone") (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (PINK SHEETS:CTNXF) is pleased to announce that Vale Exploration Canada Inc. ("VEC"), a wholly-owned subsidiary of Vale S.A. (NYSE: VALE and VALE.P; BM&F BOVESPA: Vale3 and Vale5; Euronext Paris: Vale3 and Vale5) ("Vale"), has commenced a 1,500 metre diamond drilling program on the Red Cliff copper property. As previously announced (see news release dated May 04, 2010), VEC has the option to acquire a 60% interest in Cornerstone's Red Cliff and Deer Harbour properties which are located on the Bonavista Peninsula in eastern Newfoundland. VEC is the operator of the exploration programs during the option period in consultation with Cornerstone. The properties are targeting sediment-hosted stratiform copper (SSC) deposits similar to those of the prolific Central African Copperbelt, also of Late Neoproterozoic age