Cornerstone Capital Resources Inc V.CGP

Cornerstone and Thundermin mobilize two drills to

[royalton]

Cornerstone and Thundermin mobilize two drills to the
Little Deer Copper Deposit, Springdale area, Newfoundland




Mount Pearl, NL, Canada:
Cornerstone Capital Resources Inc.
("Cornerstone") (TSXV-CGP) (F-GWN) (B-GWN) (OTC-CTNXF) and 50% joint
venture partner Thundermin Resources Inc. ("Thundermin") (TSX-THR)
announce that drilling has recommenced on the Little Deer Copper
Deposit ("Deposit") with two drill rigs. This drilling is part of a
$1,600,000 diamond drilling program comprising approximately 12,000 to
13,000 m of drilling in 16 to 20 holes that commenced on December 1,
2010. Assay results for two of three holes completed prior to year end
were released on January 20, 2011. Hole LD-10-39 intersected 4.6% Cu
over a core length of 4.2 m and 5.0% Cu over 16.5 m, including
intervals of 6.1% Cu over 5.1 m and 9.2% Cu over 5.5 m. Hole LD-10-39
was drilled in the upper portion of the Deposit to confirm the copper
mineralization intersected in historical surface hole LD-62-78 which
intersected 2.9% Cu over a core length of 60.1 m, including intervals
of 5.9% Cu over 7.9 m, 5.3% Cu over 15.5 m and 3.1% Cu over 11.6 m (see
news release dated January 20, 2011).

The primary purpose of the current drill program is to increase the
estimated mineral resources outlined to date in the Deposit to the five
to six million tonne range. The potential increase of the current
mineral resource is conceptual in nature and it is uncertain whether
further exploration will result in an expansion of this mineral
resource. Additional details on the Deposit can be found in numerous
Cornerstone and Thundermin news releases dated between May 1, 2007 and
January 20, 2011 which are on each company's web site and on SEDAR.

One drill is targeting section 14+000E at an elevation of -325 m which
is on the eastern limits of the NI 43-101 compliant mineral resources
outlined to date (see Figure 1 accompanying the news release dated
January 20, 2011). This target is bounded by underground holes 174
(2.1% Cu over a core length of 3.1 m); 186 (3.0% Cu over 1.8 m); 147
(2.8% Cu over 7.6 m); 102 (1.3% Cu over 35.4 m, incl. 4.1% Cu over 6.4
m); and 180 (5.5% Cu over 1.1 m). The second drill is targeting section
13+550E at an elevation of -350 m which is west of the NI 43-101
compliant resources outlined to date (see Figure 1 referred to above).
This target lies approximately 100 to 150 m west of holes LD-98-02
(3.0% Cu over a core length of 7.3 m) and LD-98-05 (2.3% Cu over 8.2 m)
and 50 m east of hole LD-09-19A (no significant values). An
interpretation of the results of a borehole geophysical survey
completed in hole LD-09-19A, however, suggests that the western limits
of the sulphide mineralization in the Deposit may extend to within 25 m
of hole LD-09-19A and that there may be potential to add significant
tonnage in this area. Additional planned holes designed to further
expand and confirm the tonnage above the -400 m elevation in the
Deposit are also shown on Figure 1 referred to above.

Mineral Resource Estimate

On October 13, 2010, Cornerstone and Thundermin announced that an
updated NI 43-101 compliant mineral resource estimate had been
completed by Scott Wilson RPA under the supervision of Mr. Reno
Pressacco, M.Sc. (A), P.Geo., Senior Geologist for Scott Wilson RPA and
an independent Qualified Person ("Q.P.") in accordance with NI 43-101.
Scott Wilson RPA estimated that the Deposit contains Indicated
Resources of 1,150,500 t at an average grade of 2.8% Cu within the
Little Deer Zone and additional Inferred Resources of 1,227,300 t at an
average grade of 2.2% Cu within the Little Deer Zone and 1,108,200 t at
an average grade of 1.9% Cu within the Footwall Zone. A NI 43-101
compliant Letter Report entitled "Mineral Resource Update for the
Little Deer Project" dated September 30, 2010, to support the updated
mineral resource estimate, is available on Cornerstone's and
Thundermin's websites.

Qualified Person

Mr. Andrew Hussey, P.Geo., Project Geologist and Lands Manager,
Cornerstone Resources Inc., is the Q.P. responsible for supervising the
drilling program and the compilation of all of the historical data on
the Deposit for the purposes of NI 43-101. Mr. Hussey has also reviewed
the contents of this news release for accuracy. All holes drilled by
Cornerstone and Thundermin are NQ in size. Specific gravity
measurements, rock quality designations and photographic logging of
significant mineralized intersections are performed systematically
prior to assaying. The core is logged and the mineralized sections,
where appropriate, are sawn in half at a core logging facility in
Springdale. Half of the core is submitted for analyses to Eastern
Analytical Limited, an independent and qualified assayer located in
Springdale, and the remaining half of the core is kept for future
reference. Blanks, duplicates and standards are routinely used as part
of the assay procedures.

Little Deer Joint Venture

Cornerstone and Thundermin, the operator, have the option, on a 50/50
basis to earn a 100% interest in the Little Deer Copper Deposit and
adjacent property from Weyburn Investments Ltd. Thundermin, under its
joint venture agreement with Cornerstone, has the right to increase its
interest in the Little Deer property to 75% by completing a feasibility
study and by arranging 100% of the necessary bank financing required to
place the property into commercial production. Details on the Deposit
and the terms of the agreement with Weyburn can be found in numerous
news releases and on Cornerstone's and Thundermin's respective websites
and on SEDAR.

Other News

Cornerstone announces that it has issued a total of 1,395,000 common
share stock options to employees, officers, directors and advisory
board members on January 21, 2011 at an exercise price of
.37.

About Cornerstone

Cornerstone Capital Resources Inc. is a mineral exploration company
based in Mount Pearl, Newfoundland and Labrador, Canada, with a
diversified portfolio of projects in Canada and Ecuador and a strong
technical team that has proven its ability to identify, acquire and
advance properties of merit. The company's business model is based on
generating exploration projects whose subsequent development is funded
primarily through joint venture partnerships.

Further information is available on Cornerstone's website:
www.cornerstoneresources.com or for investor, corporate or media
inquiries, please contact:

Investor Relations:
Email: [e-mail]
North America toll-free: 1 [phone]
Martti Kangas - Direct Line: 1 [phone]
Paul Benwell / Pat Kairns - Direct Line: 1 [phone]

Investors can access and join the following Cornerstone social media
channels:
Facebook (https://www.facebook.com/pages/Cornerstone-Resources-Inc/152481978112151)
Twitter (https://twitter.com/Cornerstone_cgp)
YouTube channel (https://www.youtube.com/user/CornerstoneResource)
Flickr (https://www.flickr.com/photos/cornerstoneresources)

The direct links to recent CEO interviews are:
January 1st, 2011 - https://rblcommunications.com/webcasts/CGP20Jan2011/CGPvocm20Jan2011.html
January 4th, 2011 - https://www.rblcommunications.com/webcasts/CGP04jan11/CGP04jan11.html
November 10th, 2010 - https://www.rblcommunications.com/webcasts/CGPnov122010/CGPnov122010.html

Cautionary Notice:
This news release may contain 'Forward-Looking Statements' that involve
risks and uncertainties, such as statements of Cornerstone's plans,
objectives, strategies, intentions and expectations. 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 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, predicting natural geological phenomena 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 believes the
facts and information contained in this news release to be as correct
and current as possible, Cornerstone does not warrant or make any
representation as to the accuracy, validity or completeness of any
facts or information contained herein and these statements should not
be relied upon as representing its views subsequent to the date of this
news release. While Cornerstone anticipates that subsequent events
may cause its views to change, it expressly disclaims any obligation to
update the Forward-Looking Statements contained herein except where
outcomes have varied materially from the original statements.

On Behalf of the Board,
Glen H. McKay
President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

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Copyright (c) 2011 CORNERSTONE CAPITAL RESOURCES INC. (CGP) All rights
reserved. For more information visit our website at
https://www.cornerstoneresources.com/ or send
mailto:[e-mail]
Message sent on Thu Jan 27, 2011 at 5:10:00 AM Pacific Time