Phase 2 Drilling Program Underway at Cornerstone Metal’s Carlin Vanadium Project
Phase 2 Drilling Program Underway at Cornerstone Metal’s Carlin Vanadium Project
August 15, 2018 ‐ Vancouver, British Columbia – Cornerstone Metals Inc. (TSX‐V: CCC) (OTCQB: CCCCF)
(FSE: 1PY) (“Cornerstone” o r t h e “Company”) is pleased to announce that the Phase 2 drilling program is
now underway at its Carlin Vanadium Project, 6 miles south of C arlin, Nevada. The Company plans a
minimum of 40 Reverse Circulation drill holes with the objectiv e to in‐fill and expand the size of the
vanadium deposit. With these 40 holes, together with the Compan y’s Phase 1 drill program and the drilling
previously done by Union Carbide, the deposit will be defined b y 187 drill holes. The drilling is expected to
continue into September.
C o r n e r s t o n e M e t a l s h a s a n o p t i o n t o e a r n a 1 0 0 % i n t e r e s t i n t h e Carlin Vanadium Project. The Carlin
Vanadium Project hosts the Carlin Vanadium Deposit which is fla t to shallow dipping and at shallow depths,
0‐60m (0‐200 ft) below surface. The Carlin Vanadium deposit is considered one of the largest, h ighest grade
primary vanadium deposits in North America (USGS Professional Paper 1802 Critical Mineral Resources of the
United States—Economic and Environmental Geology and Prospects for Future Supply dated December 18,
2017).
Vanadium’s Growing Importance for Steel Manufacturing and the Energy Sector
Vanadium is growing in importanc e for key industrial manufactur ing sectors most notably steel and
renewable energy. Today, more than 85 percent of the world’s vanadium is used in steel manufacturing
applications. Its importance to the energy sector is also growing rapidly with more than 10 percent of
vanadium production used in energy storage where its substantia l cost and performance benefits make it an
alternative choice to lithium ion in several areas.
ON BEHALF OF CORNERSTONE METALS INC.
per: "Paul Cowley"
CEO & President
(604) 340‐7711
www.cornerstonemetals.ca
Technical disclosure in this news release has been reviewed and approved by Paul Cowley, P.Geo., a Qualified
Person as defined by National Instrument 43‐101, and President and CEO of the Company.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward‐looking information
Certain statements in this news release constitute "forward‐loo king" statements. These statements relate to
future events or the Company's f uture performance and include t he Company’s ability to meet the conditions
required to exercise in full its option to acquire the Carlin V anadium project and with respect to current and
planned drill programs, the results of exploration programs, me tallurgical test work, and changes in mineral
resources. All such statements involve substantial known and un known risks, uncertainties and other factors
which may cause the actual results to vary from those expressed or implied by such forward‐looking
statements. Forward‐looking statements involve significant risks and uncertainties, they should not be read
as guarantees of future performance or results, and they will n ot necessarily be accurate indications of
whether or not such results will be achieved. Actual results co uld differ materially from those anticipated due
to a number of factors and risks. Although the forward‐looking statements contained in this news release are
based upon what management of the Company believes are reasonab le assumptions on the date of this news
release, the Company cannot assure investors that actual results will be consistent with these forward‐looking
statements. The forward‐looking statements contained in this pr ess release are made as of the date hereof
and the Company disclaims any intention or obligation to update or revise any forward‐looking statements
whether as a result of new information, future events or otherwise, except as required under applicable
securities regulations.