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TSXV-CGP OTC-CTNXF F-GWNExploring World Class Mineral Districts

Cornerstone Capital Resources Inc.

Part 1. - Prospect Generation in Ecuador, the most

underexplored part of the Andes

Part 2. - Project Exploration in the core of a new

mineralized district in Northern Chile

1

April 2016

TSXV-CGP OTC-CTNXF F-GWN

CAUTIONARY STATEMENTS

This presentation includes ‘Forward-Looking Statements’ as well as historical information. These statements

include Cornerstone Capital Resources’ continued advancement of its mineral exploration programs. When used

in this presentation, 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 Capital Resources 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 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 Capital Resources believes the facts and information contained in the pages of this

presentation to be as correct and current as possible, Cornerstone Capital Resources does not warrant or make

any representation as to the accuracy, validity or completeness of any facts or information contained in these

pages. Nothing in this presentation constitutes either an offer to sell or a solicitation of an offer to buy any

securities in the United States or any other jurisdiction.

The technical information contained in this presentation has been reviewed and approved by Yvan Crepeau,

P.Geo, MBA, Cornerstone’s VP Exploration and President of Cornerstone Ecuador SA and Minera Cornerstone

Chile, who is a qualified person in accordance with National Instrument 43-101.

2

http://www.sedar.com/


PROPERTIES

3

CHILE

100% - OWNED PROPERTIES

Miocene - Porphyry Au-Cu and Epithermal Au-Ag

JOINT VENTURED PROPERTIES

Cascabel – Porphyry Cu –Au (SolGold)

La Encrucijada – Epithermal Au-Ag (SolGold)

100% - OWNED PROPERTIES

Vetas Grandes – Epithermal Au-Ag

Bella Maria – Porphyry and breccia hosted Au-Cu

OPTIONED PROPERTIES TO EARN 100%

Caña Brava – Porphyry Au-Cu & Epithermal Au-Ag

PROJECT GENERATION

GENEX program

ENAMI EP agreement

CANADA

Head Office: Ottawa, ON

ECUADOR

TSXV-CGP OTC-CTNXF F-GWN4

• Cornerstone Capital Resources Inc. (TSX-V:CGP)

o Prospect Generator

o Focus on Ecuador and Chile

• Cornerstone Ecuador SA (CESA)o Since 2005

o Investment: >$US 30M, >75% by partners

o Strategic Alliance (SA) and Joint Venture (JV) model

o Approach: project Generation (GENEX)

o Partners and projects (JVs and 100%-owned)

o April-May 2016 Financing

o Current strategy

• Exploraciones Novomining SA (ENSA)

o Cascabel & La Encrucijada JVs

• Minera Cornerstone Chile Ltda (MCCL)

o Prospect generator

o Miocene project

CORNERSTONE AND SUBSIDIARIES


• US$, no exchange controls, foreign investor may own 100% of mineral

rights

• > 500,000 bpd oil exports (with limited reserves)

• Political stability: Rafael Correa in power 9 years, re-elected Feb 2013

in landslide

• President Correa Champion of large scale mining. See March 2016

video from Correa’s visit at FDN: https://vimeo.com/161555884

• Heavy infrastructure investment

o New highways built. 89% of country’s roads improved

o 9 Hydroelectric plants being built and starting from 2016 will

provide 8,300 MW of clean, low-cost energy

o 15 airports and 5 international seaports improved

o Multiple schools and medical centers built all over the country

ECUADOR INVESTMENT CLIMATE

GENERAL



• 2006-07: Mineral exploration frenzy (Aurelian-FDN, EcuaCorriente-Mirador,

Iamgold-Quimsacocha, International Minerals-Rio Blanco,...)

• 2008: Mining Moratorium

• 2009 & 2010: New Mining Law and new Mining Regulations

• 2011: Cornerstone 1st company to receive drill permit at Shyri-Gama

• 2013: Wood McKenzie hired to assist in reviewing regulations and taxation in the

mining sector

• 2014:

o Cornerstone’s discovery hole at Cascabel

o Ross Beatty acquires Odin Mining (Cangrejos project). An 15,000m drilling

program started in October

o Lundin Gold acquires FDN from Kinross

o Ecuador successfully returns to the bond market

o Ecuador enters into a FreeTrade Agreement with EU.

MINING SECTOR – IMPORTANT MILESTONES



• 2015:

o Creation of the Ministry of Mining in February

o CODELCO starts drilling Junín (Llurimagua) world-class porphyry Cu-Mo

deposit

o Construction phase started at Mirador Cu project

• 2016:

o Lundin Gold signs the Exploitation Agreement Terms and Conditions for the

7.3 Moz gold FDN deposit. Definitive agreement expected to be signed in June

2016, once FS completed

o Claim staking process implemented in March. 700.000 Has applied for in the

first few weeks

o Lundin Gold Starts an exploration/drilling campaign on regional targets near

Fruta del Norte

o Successful financing for INV Metals (Loma Larga deposit). Ongoing financing

for Salazar Resources (El Domo deposit) and Cornerstone Capital Resources

Inc.

o Rio Blanco mine scheduled to start construction in 2016 Q2.



• Fiscal stability contracts 25 yrs. Renewable

• Accelerated depreciation, investor choice of 5 - 10 years

• Windfall profits tax (70%) only applicable when metal price exceeds

10 yr. rolling monthly average plus one standard deviation (likely 1

of every 7 years). Calculations made using NPV.

• Use of NPV for Sovereign Adjustment formula, to include

companies’ cost of capital

• Currency exportation tax (ISD) exemption for mining sector

• VAT (12%) refunds starting in 2018 adds up to 1.5% to IRR

• Limited applicability of capital gains tax

“Extraordinary Income Tax and Sovereign adjustment are unlikely to be paid under normal

circumstances, and never before discounted payback of the initial investment”

(Wood Mackenzie PDAC 2016 Presentation)

MINING SECTOR – TAX ISSUES


Ecuador’s tax burden is competitive compared with regional countries

MINING TAXATION REGIME

Source: Wood Mackenzie presentation at PDAC 2016


Projects with other cost structures yield different percentages, but do not

alter the conclusion that Ecuador’s tax burden is in the competitive range

MINING TAXATION REGIME

Source: Wood MacKenzie presentation at PDAC 2016


ECUADOR PROJECTS

Cornerstone JV Projects

• Cascabel

• La Encrucijada

Cornerstone 100%-Owned and optioned Projects

• Vetas Grandes

• Bella Maria

• Caña Brava*

* Option to earn 100%

11

Epithermal (Au-

Ag) & Porphyry

(Au-Cu) Targets


CASCABEL (Cu-Au)

• JV SolGold plc 85% Cornerstone

15%

• Exploration Funding 100%

SolGold

• Targeting porphyry copper – gold

deposits

• Located in same belt as Junin

(now Llurimagua) porphyry Cu-

Mo deposit (982 M tons at 0.89%

Cu , 0,04% Mo) and the Colosa

porphyry Au deposit (905 M tons

at 0,92 g/t Au) located to the

north in central Colombia


EXPLORATION

History

• Stream sediment (SS) anomaly defined by regional BGS survey

• Property acquired from SBRL in March 2011 and reconnaissance work identified a

3x3 km rock chip anomaly within a 5x5 km stream sediment anomaly

• Systematic exploration program started in May 2012. Alpala discovery outcrop

found through prospecting work in the 1st field sequence

• Good exploration results reported every month and all over the property: good signs

• Heli-borne magnetic survey

• Terraspec mineralogical mapping of soils

• Deep penetration 3D IP Orion survey

TARGETS TO DATEPorphyry Cu-Au (10): Alpala (4), Trevino, Aguiñaga, Tandayama-America,

Chinambicito, Cristal

Epithermal Au-Ag (1): Rio Cachaco

CASCABEL (Cu-Au)

INFRASTRUCTURE

• Paved road to site. 196 km (3 hrs drive) from Quito

• Available electrical power / water

• Important industrial port in Esmeraldas City (222 km to

project site) downhill and by paved roads

• Old railroad from Ibarra to San Lorenzo being rehabilitated for

tourism as a first step


Significant intersections from CSD 13-001 (First hole ever drilled on the property)

• 302m @ 0.34% Cu, 0.48 g/t Au (0.77% Cu Eq) from 16m, including:

• 104m @ 0.37% Cu, 0.38 g/t Au (0.67% CuEq) from 16m and,

• 100m @ 0.65% Cu, 1.00 g/t Au (1.44% CuEq from 222m)

…from CSD 13-005 (Discovery hole)

• 1306m @ 0.62% Cu & 0.54 g/t Au (01.05% Cu Eq) from 24m to EOH, including:

• 672m @ 0.93% Cu, 0.91 g/t Au (1.65% CuEq) from 658m to EOH) or,

• 552m @ 1.03% Cu, 1.05 g/t Au (1.86% CuEq) from 778m to EOH) or,

• 258m @ 1.27% Cu, 1.40 g/t Au (2.38% CuEq) from 1052m to EOH

CASCABEL (Cu-Au)

…from CSD 14-007

• 958m @ 0.40% Cu, 0.17 g/t Au (0.53% Cu Eq) from 654m, including:

• 238m @ 0.65% Cu, 0.35 g/t Au(0.87% CuEq) from 1056m

2.97% Cu, 4.09 g/t Au

CSD 14-007 1232.20m

1.22% Cu, 0.76 g/t Au

Note: Copper Equivalent (CuEq) has been calculated using $2.30 / Lb Cu and $1244 / oz Au


CASCABEL (Cu-Au)

15

…from CSD 14-008

• 914.5m @ 0.41% Cu, 0.44 g/t Au (0.76% CuEq) from 396m, including:

o448.5m @ 0.56% Cu, 0.64 g/t Au (0.95% CuEq) from 862m or,

o 282m @ 0.60% Cu, 0,76 g/t Au (1.06 % CuEq) from 904m

…from CSD 14-009

• 1270.8m @ 0.59% Cu, 0.77 g/t Au (1.20% CuEq) from 430m, including:

o772m @ 0.80 % Cu, 1.19 g/t Au (1.74% CuEq) from 710m or,

o420m @ 1.00% Cu, 1.34 g/t Au (2.06% CuEq) from 1062m or,

o178m @ 1.60% Cu, 2.47 g/t Au (3.55% CuEq) from 1208m

3.04% Cu, 9.54 g/t Au

Intense B-veins stockwork with chalcopyrite

…from CSD 15-010 (abandoned at 974m)

• 394m @ 0.38% Cu, 0.36 g/t Au (0.66% CuEq) from 446m, including:

o156m @ 0.63 % Cu, 0.74 g/t Au (1.21% CuEq) from 684m or,


…from CSD 15-011

• 636m @ 0.538% Cu, 0.40 g/t Au (0.90% CuEq) from 996m, including:

o58m @ 1.45 % Cu, 1.44 g/t Au (2.59% CuEq) from 996m and,


New mineralized outcrop found at Alpala South

FIELD WORK YIELDED TO THE DISCOVERY OF NEW

OUTCROPPING MINERALIZED ZONES DURING 2016Q1 AT

TRIVIŇO AND ALPALA SOUTH


…from Hole CSD 15-012• 1312m @ 0.76% Cu, 0.77 g/t Au (1.37% CuEq) from 128m, including:

o1002m @ 1.45 % Cu, 1.44 g/t Au (2.59% CuEq) from 438m and,


Note: Results from Hole5 14, 15, 15R1 and 15R2 are pending

…and from Hole CSD 16-016 (assayed to 764m)• 216m @ 0.96% Cu, 1.27 g/t Au (1.96% CuEq) from 548m, including:

o60m @ 2.01 % Cu, 3.41 g/t Au (4.70% CuEq) from 704 to 764m

oAssay results from 764m to EOH are still pending


Staged development proposal at Cascabel, showing open pit and underground development and

exploration drilling options.

CASCABEL – DEVELOPMENT PROPOSAL


Summary• Cascabel project brought from a regional stream sediment anomaly to drilling

stage in 17 months…and to discovery hole in less than 22 months

• Environmental Impact Study (EIS) completed/approved in 7 months…

Environmental license granted 24 hrs after EIS approval

• Very strong social license

• Alpala target drill tested to date but only one of several porphyry and

epithermal targets to be tested on the 50 km² property

• Surface exploration results, deep and extensive geophysical anomalies and

drilling results are supportive of a large gold-enriched porphyry copper

occurrence… World-class deposit? It looks like but time will tell.

• Partner SolGold is funding 100% of project to finalization of a bankable

feasibility study

CASCABEL (Cu-Au)

CASCABEL IS A GOOD EXAMPLE OF CORNERTONE’S BUSINESS

MODEL AND CAPABILITY TO “DELIVER THE GOODS”


CESA PROPERTIES

19

Vetas Grandes & Bella Maria 100%-Owned

properties

Caña Brava Optioned to earn 100% property


VETAS GRANDES (Au-Ag)

• Epithermal Low to Intermediate Sulphidation gold-

silver prospect

• Extensive surface sampling, trenching and

geophysical surveys completed.

• Several large, 3m to 7m veins and quartz vein/vein

breccia/stockwork forming swarm striking east-

northeast over 1.4 km.

• Excellent correlation between mapped veins, rock

assay results, soil geochemistry

• Bonanza style mineralization: 3.4m grading 53.4 g/t Au

and 641.0 g/t Ag

• Regional mapping and prospecting work suggest that

Vetas Grandes could be part of a new mineral district



Excellent correlation between mapped veins,

rock assay results and IP chargeability /

resistivity anomalies.

Modeling using multi-elements geochemical

distribution and ratios, spectrometry work,

quartz vein textures defined prospective

precious metals horizons and drill targets

Potential: 1Moz + gold and

significant Ag

Never has been drilled…and is

drill-ready

21



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TENTATIVE WORK PROGRAM & BUDGET - VETAS GRANDES PROJECT Apr-16

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 Activity Cumulative %

Work program

Concessions fees 2016 (2300 hectares)* $ 42.090 $ 42.090 1%

Concessions fees 2017 (2300 hectares)* $ 46.000 $ 88.090 2%

Prospecting work ** Property and district scale $ 90.000 $ 178.090 3%

Detailed geology - 2 teams *** $ 0 $ 178.090 0%

Soil geochem *** $ 0 $ 178.090 0%

Trenching *** $ 0 $ 178.090 0%

Geophysics - Magnetometer *** $ 0 $ 178.090 0%

Geophysics - IP *** $ 0 $ 178.090 0%

Drilling target definition *** $ 20.000 $ 198.090 1%

DDH - Phase 1 - 2500m $ 875.000 $ 1.073.090 29%

Evaluation of results - Phase 1 11 months $ 15.000 $ 1.088.090 0%

DDH Phase 2 - 5000m $ 1.750.000 $ 2.838.090 57%

Evaluation of results - Phase 2 18 months $ 15.000 $ 2.853.090 0%

$ 2.853.090 94%

Permitting

Social License and community relations program LS 6 months $ 100.000 $ 100.000 3%

Environmental License & management LA 6 months $ 75.000 $ 175.000 2%

Water permit PA 6 months $ 20.000 $ 195.000 1%

$ 195.000 6%

* Advanced Exploration Stage (AES, Drilling) $ 3.048.090 $ 169.338 (ave/mo)

** Optional TOTAL + 10% contingencies $ 3.352.899 $ 186.272 (ave/mo)

*** Work completed

TOTAL:

ADVANCED EXPLORATION PHASE (first 1.5 of 4 years)

87%

Phase 1 - 2500m

Phase 2- 5000m

SHYRI - VETAS GRANDES PROJECTYear 1 / Month Year 2 / Month Budget


BELLA MARIA (Au-Cu)

• Exceptionally high gold content in stream sediment

and free gold panned samples over the entire

property

• Soil geochemistry surveys have outlined a large (3

km x 2 km) coincident gold – copper +/- molybdenum

in-soil anomaly associated to porphyry-style

mineralization in the central portion of property

• Seven (7) mineralized prospects identified

Free Gold in

Pan

Concentrates


BELLA MARIA (Au-Cu)

• Newmont drilled thirteen holes on porphyry gold type mineralized zones 0-3km south of concession:

o Trinchera and Paloma targets: Seven drill holes cut greater than 70m at 0.5 g/t Au cut-off. Drill hole C99-14 cut 1.6 g/t

Au and 0.2% Cu over 192m, including 3.1 g/t Au plus 0.3% Cu over 46m.

o Cacique target: A 22m intercept assayed 2.6 g/t Au and approximately 0.2% copper.

• Odin drilled 9 holes (3540m) intersecting significant porphyry Au-Cu style mineralization:

o Hole #47: 405m @ 0,66 g/t Au, 0,09% Cu ( 0.82 g/t AuEq)

o Hole #51: 344.4m @ 0,67 g/t Au, 0,10%cu (o,83 g/t AuEq)

Both holes with higher grade, 50-100m thick, zones grading 1.5 to 2 g/t AuEq

Bella Maria 3D Topo, district geology, mineralization and exploration results


BELLA MARIA (Au-Cu)

• Stream sediment samples collected across the property are

exceptionally anomalous in gold

• Large (3 by 2 km) coincident

gold - copper – molybdenum in-

soil anomaly identified in central

part of property

• Strong gold-copper

mineralization found by

drilling just south of property

(Odin Mining)

25

Results to date indicate excellent potential to host significant

porphyry and structurally controlled (breccias and veins) gold

and copper mineralization. Property never has been drilled but is

drill-ready

• Seven (7) mineralized Au-Cu

prospects have been identified


CAÑA BRAVA (Au-Ag-Cu)

Property hosts IS and HS epithermal gold-silver zones defined by extensive hydrothermal

breccia and silica ribs developed on top of porphyry gold-copper style mineralization



Geology map and DDH proposal

4 Mineralized zones defined:

• Porphyry style at Q. Soroche and Q. Cana Brava

• Epithermal style at Soroche Norte and Noreste

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RTP ground magnetic data and interpretation



28

Rock and soil Gold (Au) assay results

Rock and soil Silver (Ag) assay results

Geochemical signature:

• Epithermal IS veins at Soroche Norte with Au-Ag-Pb-

Zn +/- As-Sb-Hg correlation

• High grade Au and Ag values associated to NE

oriented silicified ribs

•Epithermal HS Au-Ag mineralization at Sector Norte



Rock and soil Copper (Cu) assay results

Rock and soil Moly (Mo) assay results

Geochemical signature:

• Porphyry style at Soroche and Q. Cana Brava with

strong Cu-Mo-Au correlation

• Peripheral and intermediate sulphidation at

Soroche Norte

• Highly anomalous Mo +/- Cu values

Results strongly suggest that a porphyry

system(s) lies at depth below Soroche and Q.

Caña Brava targets with peripheral higher level

Intermediate Sulphidation veins at Soroche

Norte.

Property never has been drilled. Phase 1 drilling

program (3200m) is proposed

29


GENERATIVE PROGRAM

Example: BLOCK 2 – GOLD

• Several datasets: > than 40.000 samples

• First-pass data processing completed with

93 anomalous areas defined

• Operational structure in place

Cornerstone has a strong capability to

generate and explore new projects


GENEX & TARGETING

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• Second step, detailed

compilation program

completed

• 4 Zones, 5.55 M Has

• 100 gold and/or copper

exploration targets defined

Targeting program: Cornerstone properties, main deposits and prospects, areas

investigated and targets defined


STRATEGIC ALLIANCE WITH ENAMI

• Regional data compilation and integration

• Target areas defined using newly developed metallotects

• Zone 1 detailed data integration completed: 35 targets defined. 9 highest priority targets (60.000 has)

selected for ground surveys.

On April 14, 2015, Cornerstone Ecuador SA (CESA) signed a Strategic

Alliance Letter of Intent with the State Mining Company, ENAMI EP. The

LOI is subject to negotiation of a definitive agreement. Discussions are

still ongoing.

32


WHY ECUADOR?

ECUADOR – AN OPPORTUNITY TO GAIN A FIRST MOVER ADVANTAGE

In addition to being the last Andean nation that is largely unexplored, Ecuador has the

advantages of abundant water and electrical power (and low power costs), excellent

highway and port infrastructure, and already is known to host world class deposits. The

discovery of the Cascabel high grade copper-gold porphyry at surface by prospecting

clearly demonstrates the underexplored nature of the country and its high potential to

host easier-to-find deposits compared to its more mining-mature neighbor countries.

Recent changes in the tax regime makes the country competitive compared to its

neighbour countries and other Latin-American countries

Cornerstone has an experienced team of geologists who have been continuously active

in Ecuador since 2005, and is one of the most successful exploration companies active

there.

Potential partners can significantly de-risk their investment in the country by

operating through a JV or Strategic Alliance with Cornerstone, acquiring a first

mover advantage in one of the last mining frontiers in the Andes.

33

Ecuador: Latin America’s newest mining destination???


CHILE – MIOCENE PROJECT

Miocene property geology map showing prospective

areas

34



Gold assay results of Miocene project

rock samplesMiocene property, alteration zones

and mineral prospects.

35



Arsenic assay results of Miocene

project rock samples.

Mercury assay results of Miocene

project rock samples.

36



Copper assay results of Miocene project

rock samples.

Molybdenum assay results of

Miocene project rock samples.

37


WHY CORNERSTONE?

38

• 15% interest in Cascabel financed to Bankable Feasibility Study

• Timely opportunity for project generators in Ecuador

• Underexplored country hosting world class precious and base metals

deposits

• Competitive tax regime and new regulations recently implemented

making the country significantly more attractive

• First mover advantage

• Operational structure in place since 2005: Expertise and databases

• 3 Drill-ready and JV-ready projects

• 5.6M Has targeting program completed. 100 Cu and Au targets defined

• New concessions applied for

• World class Cascabel discovery made in less than 2 years from an

early grass-root, regional exploration program

• Exploring in the core of a new mineral district in northern Chile


www.cornerstonresources.com

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