Newcrest to complete initial $1.1 mn investment at Miocene gold-copper project in Chile

Cornerstone Capital Resources Inc. announced that Newcrest International Pty Limited has elected to exercise its option to advance to Stage One under the Farm-in Agreement between them (dated December 7, 2018). This decision is due to Newcrest completing its initial minimum work commitment of $1.1 million at the Miocene gold-copper project in Chile. Newcrest will be making a payment of $500,000 to Cornerstone.

Source: GlobeNewswire