Diamond Drilling has commenced at Cornerstone’s Flagship Shyri Gold-Copper Property in Ecuador.
Cornerstone Metals Inc. (TSX VENTURE:CCC) announce the appointment of Jason Nickel, P.Eng. to the Board of Directors of the Company. Mr. Nickel replaces Mr. Willis Osborne who has resigned his Board position. The Company wishes to thank Bill Osborne for his contribution to the Company.
Mr. Nickel has been involved in advancing several mining projects in BC, Yukon and NWT. He is currently VP of Operations at ROCK Construction and Mining Inc., a mining contractor based in Kamloops, BC, focused on drilling and blasting services across Canada. Previously, Mr. Nickel was VP Mining for New Pacific Metals, responsible for advancing the Tagish Lake Gold Project in the Yukon. Prior to that he was Mine Manager of Capstone Mining Corp.’s Minto Mine. He also worked as a Senior Mining Engineer at De Beers Canada’s Snap Lake Diamond Mine and as a Mining Engineer at the Highland Valley Copper Mine.
Courtney Shearer, interim CEO of Cornerstone stated, “Jason Nickel brings additional mining and operations skills to our board, which we expect will further enhance our ability to evaluate, acquire and develop more advanced stage mining projects.”
The Company also announces the grant of 750,000 stock options to directors, officers and consultants pursuant to the terms of the Company’s stock option plan. The options are exerciseable at a price of $0.12 per share, for a period of 5 years from the date of grant.
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