Poster, Mystique' on UK Solgold chat forum made following post...

Poster, Mystique' on UK Solgold chat forum made following post re: CGP comments on MRE.

"Commenting on the MRE, Cornerstone's CEO, Brooke Macdonald, said: "We are very excited by the quality and scale of the Alpala MRE and what it means for the future of the Cascabel property. In terms of economic viability, the MRE highlights a high grade core of 1.8% Cu Equivalent indicated resource of 70 Mt and another 50 Mt of inferred resource also at 1.8% Cu Equivalent. It is important to note, however, that there is another 50 Mt of indicated resource and another 50 Mt of inferred resource, both at a 1% Cu Equivalent grade. In combination with the high grade core these resource tranches create a sizable resource at an average grade that the PEA is likely to show as economic ?in the Cascabel context.

"Cascabel's infrastructure advantage over other greenfield projects includes a railway line to an existing port, power facilities with available capacity and competitive power costs, a highway for delivery of supplies, and existing nearby communities for housing a workforce. The hilly topography of Cascabel might make it possible to access parts of the ore body from the side via a decline, as opposed to higher cost vertical access. These comparative advantages relative to some other block cave operations will be more fully studied in the PEA.

"The gold grades within the high grade core of Alpala (1.3 g/t) further underpin the attractiveness of the property. The MRE has identified 6.0 Moz of Au in indicated resource and another 6.3 Moz in inferred resource. This is a large gold resource. Historically a mix of Cu and Au has resulted in more stable revenues and provided accretive financing options.

"In terms of resource expansion, it is important to note that this scale and quality of resource was discovered with very few drill holes and that Alpala is still open in many directions. With 12 rigs soon to be on the property and a growing body of insight on Cascabel we are optimistic about the planned drilling at Alpala and other targets. Alpala is only one of several exploration targets on the property. In our opinion, the MRE confirms that Cascabel is a large, high quality resource with room to grow."