Sunday, September 25, 2011 9:09:02 PM
http://www.cornerstoneresources.com/s/Newfoundland.asp?ReportID=386493
This work resulted in the discovery of a number of new copper showings, the most significant being the Blue Point prospect located on a coastal cliff in the northeast part of the property. Continuous chip sampling across the reduced mineralized zone at Blue Point returned 0.54% Cu and 7.2 g/t Ag over 25.5 m, including 0.93% Cu and 13.02 g/t Ag over 13.5 m. In 2001 and 2002, the southwest strike extension of the Blue Point zone was drill tested, with two holes intersecting significant copper grades including 0.8% Cu and 7.7 g/t Ag over 9.69 m in hole RC-01-01 and 1.0% Cu and 12.1 g/t Ag over 14.25m in hole RC-01-02. Although other holes encountered narrower and weaker mineralized zones, the drilling confirmed very good continuity and thickness (30-37m) in the favourable reduced units which have been tested only over 3.5 km of their approximately 20 km total strike length.
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