Madison Avenue Research Group Report Update on Ecuador Gold Mining and Special Situation Review of Cornerstone Capital Resources

Notable mining concessions developments within Ecuador since last report, pulse of affairs in Ecuador for the mining sector and special situation review of Cornerstone Capital Resources Inc. (TSX-V: CGP) (OTC: CTNXF)

New York, NY (PRWEB) June 12, 2007 -- Madison Avenue Research Group has published an addendum to its April 11th, 2007 report that outlined the untapped gold mining potential in Ecuador and pulse of affairs in Ecuador for the mining sector. There have been a number of notable mining concessions developments within Ecuador and a synopsis of those developments is provided in the addendum URL located below. Additionally, back in April, we advised of a pending political referendum and there too have been developments that seem to reinforce the understanding of learned investors in Ecuador. Also in the addendum is an updated Special Situation Review of Cornerstone Capital Resources Inc. (TSX-V: CGP) (OTC: CTNXF) offering insight and opportunity on Cornerstone's extensive holdings of high priority targets in Ecuador and their objective to target areas with multi-million ounce gold potential. A copy the addendum report/update may be viewed free of charge at: http://madisonaveresearch.com/ecuadorgold2.htm.

Also mentioned in the addendum report is Lateegra Gold Corp, Aurelian Resources Inc, IAMGold Corp, Dynasty Metals & Mining Inc, Salazar Resources Ltd., and Coastport Capital Inc.

Excerpts from report regarding Cornerstone:

Cornerstone Capital Resources Inc. offers tremendous potential for gold in Ecuador plus copper, nickel, and uranium discoveries in Eastern Canada. Cornerstone appears exceptionally undervalued and was recently the subject of a recommendation by Kaiser Bottom Fisher, Casey Research, and recently made Stansberry & Associates Investment Research's top 10 buy list of prospect generators. Cornerstone possesses a large quality portfolio of assets, several joint venture arrangements, and has latent prosperity on concessions that exhibit such high potential that CGP.V's market cap appears to be unreasonably undervalued relative to it's holdings of such magnitude; Cornerstone has less than 51M shares outstanding and trades at a share price of less than CDN$0.75. Investors should pay attention to Cornerstone now, especially since its business model is predicated on maximizing shareholder value plus avoiding dilution and risk through joint venture partnerships. ... Shyri Gold project which is under JV with Coastport Capital has a 15,000 m drill program that is currently being planned and will commence upon receipt of drill permits, now expected to be early Q3. (Location - contiguous with Iamgold's Quimsacocha gold project in Ecuador, which hosts 3.4+ million oz. gold). Along with the chip and channel sampling, soil sampling and supportive reports by various independent consultants, the results so far support the geological model Cornerstone has been using to guide the exploration efforts. Collectively all the work leads them to an interpretation of mineralization at depth below the plateau on their Shyri Project Gama location.

The full update/addendum maybe seen at: http://madisonaveresearch.com/ecuadorgold2.htm.

This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Reports herein are for information purposes and are not solicitations to buy or sell and of the securities mentioned. Readers are referred to the disclaimer and disclosure section at the bottom of the following URL:
http://madisonaveresearch.com/ecuadorgold2.htm.

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