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Wednesday, August 31, 2011

International Lithium Corp. is trading on volume today ilc.v, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax



  We have some action happening with international Lithium Corp. today. Stock was traded on the highest volume after its IPO. Mavis Lake Lithium and Tantalum project is under drill now and company talks about two more drill programs to be underway on its new website. Moose in Canada is a lithium past producer and located in the proximity of Avalon Metals Thor lake deposit and Mariana Lithium and Potash Brine project in Argentina is the major crown in company's portfolio. 

"International Lithium Corp. ("ILC") a "Clean Tech" lithium resource developer with a global portfolio of lithium assets. It is 29% owned by TNR Gold Corp (TNR:TSX).

International Lithium Corp. ("ILC") currently holds highly prospective projects in the most prolific areas of the world for lithium and rare metals. ILC has recently secured a strategic investor, Jiangxi Ganfeng Lithium Co Ltd, from China, with focus on advancing the core ILC projects."



  All lithium developers are at their lows for the year now, but we have some promising action in the space. Lithium One has announced new Lithium and Potash high grade results from Argentina and has moved up today. With all recent QE3.0 talks Risk trade is coming back into play - we expect it to be seen on the CDNX chart soon.




Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advise on this blog and there is no solicitation to buy or sell any particular company here. Always consult with your qualified financial adviser before making any investment decisions.
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Copper Juniors: Cornerstone and Thundermin Exercise Their Option to Acquire a 100% Interest in the Little Deer Copper Deposit, Springdale Area, Newfoundland ilc.v, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax


  We have another development in this oversold Junior. VIX is collapsing now and fresh money is looking for the value opportunities. Wave of recently announced M&A in junior mining sector will drive this market further.
  We like companies like Cornestone and TNR Gold - project generators with their diversified across commodity spectrum portfolios. Risk trade is coming back and juniors will be next to in play.



  The Fear and Panic will pass and the recent turmoil provides another opportunity to accumulate your favorite plays among the Juniors in Gold, Silver, Lithium, REE and Copper. If you have people with money involved in the game your chances for reward will be even more higher. Chinese players with their appetite to secure resources can make not only REE and Lithium plays interesting, but even such a dull and out of love commodity as Zinc can be transformed into the promising value M&A plays."

August 31, 2011
 Cornerstone and Thundermin Exercise Their Option to Acquire a 100% Interest in 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 they have exercised their option to acquire a 100% interest in the Little Deer Copper Deposit (the "Deposit") and certain adjoining property from Weyburn Investments Limited ("Weyburn"). The Deposit is located approximately 10 km north of Springdale in north-central Newfoundland.

In order to fully exercise the option and acquire a 100% interest in the Deposit and certain adjoining property, Cornerstone will issue 2,351,916 shares and Thundermin will issue 5,075,188 shares to Weyburn. Further details on the terms of the agreement with Weyburn can be found in a news release dated May 1, 2007 and on Cornerstone's and Thundermin's respective websites and on SEDAR.

H. Brooke Macdonald, President of Cornerstone said "We are extremely pleased with the continued advancement of the Little Deer project over the past four years, and acquisition of a 100% interest in the deposit, along with our partner Thundermin, represents another significant milestone. Results of an internal scoping review currently being carried out by P&E Mining Consultants Inc. are expected to be received shortly, and will provide management with preliminary information on the economic viability of developing a new copper mine at Little Deer".

Mineral Resources

On June 22, 2011, Cornerstone and Thundermin reported a National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate for the Deposit comprising Indicated Resources of 1,911,000 tonnes at an average grade of 2.37% Cu (99.8 million pounds of copper) and Inferred Resources of 3,748,000 tonnes at an average grade of 2.13% Cu (175.9 million pounds of copper). The mineral resource estimate was prepared under the supervision of Mr. Eugene J. Puritch, P. Eng., President of P&E Mining Consultants Inc. of Brampton, Ontario. Mr. Puritch is an independent Qualified Person in accordance with NI 43-101.

Metallurgy

On October 19, 2010, Cornerstone and Thundermin announced excellent metallurgical results from scoping level test work on core samples from the Deposit. This work, which was undertaken at SGS Lakefield Research Limited of Lakefield, Ontario, indicates that a clean, high grade copper concentrate grading over 28% copper with over 97% recovery can be produced from the Deposit.

Little Deer Joint Venture

Under the terms of its joint venture agreement with Cornerstone, Thundermin 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 Cornerstone can be found in numerous news releases between May 1, 2007 and June 22, 2011 and on Cornerstone's and Thundermin's respective websites and on SEDAR.

Project Infrastructure

The Little Deer Copper Deposit is located on a brownfield site and is well situated to take advantage of Newfoundland's developed infrastructure. The Deposit lies approximately 16 km from the Tran-Canada Highway and is easily accessed by a 10 km network of paved and gravel roads north of Springdale, where there is an available skilled mining workforce. The site is approximately 8 km from a major power substation and there is a plentiful supply of fresh water in the area. The former tailings impoundment facility for the Whalesback Mine, which may be able to be upgraded and used to store additional tailings, is located only 1.2 km north of the Deposit. There is also good access to several deep water ports for any future shipment of copper concentrates. The Duck Pond base metal concentrator, which is owned by Teck Resources Inc., is located approximately 165 km by paved and gravel roads from the Little Deer site, 70 km of which is along the Trans-Canada Highway and 65 km of which is on a secondary paved road.

The recovery of a substantial quantity of archived data has also given Cornerstone and Thundermin a better understanding of the underground infrastructure that exists on the property. This infrastructure dates from 1966 to 1972 and 1972 to 1974 when a portion of the upper part of the Deposit was developed and mined by British Newfoundland Exploration Limited ("BRINEX") and Green Bay Mining Company ("Green Bay"), respectively. BRINEX accessed the Deposit from the adjoining Whalesback Mine, which is also controlled by Cornerstone and Thundermin, and Green Bay accessed the Deposit via a ramp. Three ventilation raises and substantial lateral development in unmined copper mineralization are known to exist on the property. This existing infrastructure may potentially afford substantial cost savings for access underground for future definition drilling and mining.

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 Ecuador, Chile, and Atlantic Canada, 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. The company is well funded and commitments from JV partners constitute significant validation of the strength of Cornerstone's projects. Further information is available on Cornerstone's website: www.cornerstoneresources.com.

For investor, corporate or media inquiries, please contact:

Investor Relations:
Email: communications@crigold.com
North America toll-free: 1 (877) 277-8377
Martti Kangas - Direct Line: 1 (647) 521-9261
Paul Benwell / Pat Kairns - Direct Line: 1 (514) 904-1333

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

The link to a recent Corporate presentation is:
http://www.cornerstoneresources.com/i/pdf/Presentations_0711_CRICorporate.pdf

The link to a virtual tour of drilling at the Gama prospect, Shyri concession in Ecuador is:
http://www.youtube.com/watch?v=Ne8XSfgLwIM"
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Lithium Drive: NASCAR Stars Talk About Their Chevy Volt ilc.v, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax


Five-time NASCAR champion Jimmie Johnson and four-time champ Jeff Gordon are both proud owners of Chevrolet Volts. They talk about what they like about their newest cars and how other people respond when they see them driving the extended-range electric vehicle.

  We have a new PR campaign push from Chevy Volt in place. Now, when the production facility is reopened with increased output, it is time to sell Electric Cars.



  "Lithium market: Strong Growth to Drive Lithium-ion Battery Market to $54 Billion by 2020.  The fall in the price of Lithium batteries is one of the most important conditions for the Electric Cars mass market roll out. We have more research confirming that Lithium has became the core Energy Storage technology and Plug-Ins will be the driving force in this market.

"We are searching for the value among the bitten into the dust by the recent market panic juniors. Strong portfolios, solid management and special situations are the name of this game today as usual.

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Lithium Drive: Showcase of electric vehicles ilc.v, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax


  It is educational time and we have a "soft patch" in Electric Space now, but make no mistake, the powerful  fundamentals are supporting this mega trend - Energy Transition and now we have technology to make it.


"Bernanke has done already everything and will do more just to keep this show running. The only way out is to Inflate the Debt away and debase the currency. This latest Bull Leg in Gold was in all currencies and central banks were buyers themselves. After consolidation we will have the same fundamental picture in place for the Real Store of Value - now we will have the break and another round of reinflation.
  This time we should see Gold Major stocks to reflect the value and Juniors will be next in this value play. With panic going down, stock markets will be moving up again pushing fears about "recession" away (we have never come out of it so far if you account the real Inflation from nominal GDP numbers). Oil will be going up again pushing our Lithium ideas on the investors radar screens.If the time for the Energy Transition will be lost we can hit the real wall with Oil prices above 150 dollars and Debts still at the unsustainable levels.
  Can we be wrong in our vision - by all means, it is only vision - but the latest news from FED which will be reinstated this Friday by Bernanke - about real negative rates for the years to come - will be driving Real assets higher as all these years before. Nothing is growing to the sky and every parabolic move will be ended in consolidation, but Gold and Silver Bulls still have years to go and New Lithium oneis at its very beginning now."

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Tuesday, August 30, 2011

Cornerstone Reports 1.34% Copper and 58.0 g/t Silver over 19.5 m in trenching at La Fortuna Copper-Silver Project, Chile ilc.v, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax



"Juniors: AuRico Gold to Acquire Northgate Minerals and Create A Leading Intermediate Gold Company.  We have a deal in Junior Gold mining space - consolidation will be driving this sector higher. Risk trade is coming back. The deal has valued Northgate Minerals at 45% premium to the average price of the past 20 days. 
"Once the panic settles we will see flight to the Real assets, China will not be able to diversify all 1.2 Trillion holdings in US Treasuries, but the gradual transition will be in place - new world currency will be the Hard one based on Gold, Silver, Copper and access to strategic commodities like Oil, Lithium and REE. We are expecting that first the gold Majors will properly reflect the Gold valuation in their market caps and after that liquidity will go downstream into the Gold and Silver Juniors. Copper juniors will be at the mercy of the M&A consolidation game again and Lithium will show its truly strategic status with every uptick in the Oil price again. 
  James Dines can be right on the money again with his calls this time. And we will be honest with you - we just do not know what to do if political circus will bring US to the abrupt end without the proper glory of the Rome Empire in its final days."

We are monitoring this project generation company with portfolio in multi commodities across the continents. 


"Excellence in Mineral Exploration. Cornerstone Capital Resources Inc. has a strong and dedicated technical team who are focused on generating and advancing new projects that have great potential for discovery. Cornerstone leverages its own exploration funding through joint venture and strategic partnerships, providing shareholders with potential for success at lower risk. Cornerstone has a diversified portfolio of gold, silver, copper, nickel, VMS, rare earth elements, and uranium properties in Canada, Ecuador and Chile."



"Cornerstone's two most recent acquisitions, made through its wholly-owned subsidiary Minera Cornerstone Chile Limitada ("MCCL"), are the Miocene and La Fortuna projects in Chile. The Miocene project is located in the Regions of Atacama and Antofagasta of northern Chile, and is targeting epithermal gold-silver and porphyry gold-copper deposits along the interpreted northern extension of the Maricunga magmatic belt which hosts several world-class gold deposits. The La Fortuna project is located in the Valparaíso Region of central Chile, and is targeting manto-type copper-silver and epithermal gold-silver deposits similar to those at the Cerro Negro copper-silver mine and El Bronce epithermal gold-silver district respectively. These projects were selected after two years of careful research and evaluation, and Cornerstone feels both offer tremendous potential for discovery. Chile consistently ranks among the world's top mining jurisdictions, and we are extremely excited to have added these projects to our international portfolio."





August 30, 2011


Mount Pearl, NL, Canada: Cornerstone Capital Resources Inc. ("Cornerstone") (TSXV-CGP) (F-GWN) (B-GWN) (OTC-CTNXF) announced today preliminary results for the ongoing exploration program at the La Fortuna copper-silver project located in the Valparaíso Region of central Chile, approximately 100 km north of Santiago. A map showing the location of the La Fortuna project, as well as geology and exploration results may be viewed at www.cornerstoneresources.com.
Highlights
Seven prospective mineralized zones distributed over a large area (18 km2) identified to date
Of 163 rock samples collected during mapping and prospecting, 34 (19%) returned > 0.5% Cu, including 24 (14%) which returned > 1.0% Cu; 18 (10%) returned > 30 g/t Ag, including 5 (3%) which returned > 100 g/t Ag
Trench TH1 returned 19.5 m at 1.34% Cu and 58.0 g/t Ag
78% of copper is soluble in samples (49) which returned > 0.5% Cu
200 line km ground magnetic survey completed; Induced Polarization survey planned
Project located immediately adjacent to the Cerro Negro copper-silver mine and mill with connecting road infrastructure
Brooke Macdonald, Cornerstone's President commented: "We are very pleased with the results obtained so far at La Fortuna. In only a few months our geologists have identified significant mineralized zones distributed over an extensive area. Ground magnetic and induced polarization geophysical surveys will help to locate the stratigraphic horizons where we believe sulfide replacement and manto-type mineralization occur at depth. There are already some obvious drill targets, and with further trenching and data integration, new targets will be developed."
Assay results
Significant copper and silver assay results have been obtained in the northern two-thirds of the property, with seven prospective mineralized zones identified over a large area of approximately 18 km2. Higher-grade mineralization is concentrated in, but not restricted to, veins that are typically 1 to 2 m wide but occasionally up to 4 m. Mineralization is also present as disseminations in fracture/shear zones and at the outer contact zone of intrusive rocks, over significant widths (up to 19.5 m in trench TH1, see assay results below). The structural zones are up to 50 m wide, and there is normally a correlation between Cu and Ag contents.

A total of 163 rock samples (representative chip samples) were assayed during the prospecting work. Of these, 63 samples returned > 0.1% Cu, including 34 samples which returned > 0.5% Cu and 24 samples which returned > 1% Cu. Eighteen (18) samples returned > 30 g/t Ag, including 5 samples which returned > 100 g/t Ag. Eight (8) samples are gold anomalous (>0.1 g/t Au), including 3 samples which returned > 0.5 g/t Au.

Including channel samples (160) from the trenching program, forty-nine (49) samples which returned > 0.5% total copper (1.78% Cu arithmetical average) were re-assayed for soluble copper (1.43% Cu arithmetical average). These results indicate that 78% of the copper is soluble.

Exploration program
The La Fortuna property covers an area of approximately 2,900 hectares, measuring 10 km north-south by 3 km east-west. The project is favourably located in an established mining district at relatively low elevations (1200 to 1800 m above sea level), and is easily accessed by existing roads. The property is partly contiguous with the Cerro Negro copper (silver) mine, a manto-type deposit immediately to the west which combines open pit and underground operations and produces copper cathodes via heap leach SX-EW and copper-silver concentrates via flotation. The El Bronce epithermal gold-silver district is located 30 km to the north. The region is sparsely populated, and has a hot and dry climate which is well-suited for leaching operations. Many surface mineral occurrences have been worked by small scale miners in the past but no drilling has ever been carried out at La Fortuna.

An exploration program began in April with reconnaissance geological mapping, prospecting and rock sampling. During this initial work phase, geological units were defined, a structural study performed, and altered and mineralized zones were mapped and sampled. Following the reconnaissance work, data was integrated and prospective areas defined for follow-up. Detailed mapping and hand-trenching were then initiated and this work is ongoing. Eleven (11) trenches totaling 532.7 meters were dug and channel sampled. A total of 427 rock samples (167 rock chips from prospecting and 260 trench channel samples) have been collected so far on the project. Assay results are still pending for the last 105 samples. A ground magnetic survey in excess of 200 line km was recently completed by consulting firm, Santiago-based, Argali Geofisica E.I.R.L. in the northern 2/3 portion of the property. This geophysical data is currently being processed and will be used to support the geological interpretation and to define the most prospective areas to carry out an Induced Polarization (I.P.) survey in the coming months. Further trenching and detailed geological mapping are planned in areas where anomalous Cu-Ag-Au results have been obtained thus far.

Trenching
Eleven (11) trenches were dug in the Guayacan (3), Loma Verde (1), Loma Verde Sur (3), Quebrada Honda (1), Vizcachas (3) and Enjalmao (1) areas for a total of 532.7 m. Assay results from trenches TH1 to TH7 shown below in Table 1 indicate that mineralization is not restricted to the veins and could extend significantly, as disseminations, into the wall rocks.

Table 1. La Fortuna Trenching Results.

Trench Zone Length (m) # Samples Interval (m)* Cu (%) Ag (g/t)
TH1 Loma Verde 19.5 10 19.5 1.34 58.0
TH2 Vizcachas 66.0 32 12.0 0.21 13.0
TH3 Vizcachas 21.8 10 No Significant Values
TH4 Vizcachas 18.3 9 5.7 0.04
TH5 Enjalmao 47.0 22 24.0 0.09
TH5B Enjalmao 9.0 4 No Significant Values
TH6 Loma Verde Sur 83.6 42 18.0 0.08
1.2 0.27
2.2 0.31
TH7 Loma Verde Sur 62.8 32 10.8 0.60 17.6
TH8 Loma Verde Sur 117.9 58 Assay Results Pending
TH9 Guayacan 41.5 20 Assay Results Pending
TH10 Guayacan 34.8 17 Assay Results Pending
TH11 Guayacan 10.5 5 Assay Results Pending

* The reported copper and silver intervals are apparent thicknesses due to the early nature of the exploration program.

The trenching program is ongoing and will be extended to areas where veins, structures and disseminated mineralization were found during prospecting work and that have not yet been properly evaluated.

Sampling and assaying
All samples are delivered by Cornerstone employees for preparation at Acme Analytical Laboratories (ACME) facility in Santiago, Chile. Rock samples are prepared crushing 1 kg to 80% passing 2 mm (10 mesh), splitting 250 g and pulverizing to 85% passing 0.075 mm (200 mesh) (ACME code R200-250). Gold is assayed in Chile, using a 30 g split, Fire Assay (FA) and AA or ICP-ES finish (ACME code G601).

A 100g-plup is shipped to ACME in Vancouver, Canada where samples are assayed for a multi-element suite (ACME code 1DX2, 15g split, Aqua Regia digestion, ICP-ES finish). All samples with results > 100 g/t Ag, >10,000 ppm Cu, Pb or Zn are systematically and quantitatively re-assayed (ACME code 7AR, Aqua Regia Digestion, ICP-ES finish). All samples with results > 5,000 ppm Cu total are systematically re-assayed to determine leachable copper (ACME code G9, Citric acid leach, Cu, 1 g/100 mL, AAS finish).

Quality assurance / Quality control (QA/QC)
ACME is an ISO 9001:2008 qualified assayer that performs and makes available internal assaying controls. Certified blanks and standards are systematically used as part of Cornerstone's QA/QC program. One of them was inserted every 20 samples at La Fortuna.

Qualified Person
Yvan Crepeau, M.Ba., P.Geo., General Manager of Minera Cornerstone Chile Limitada (MCCL) and a qualified person in accordance with National Instrument 43-101, is responsible for supervising the exploration program at the La Fortuna project and has reviewed and approved the information contained in this news release.

La Fortuna option agreement
Cornerstone, through its wholly-owned subsidiary, MCCL, has entered into an agreement with a Chilean individual to acquire the La Fortuna property. The agreement gives Cornerstone the right to acquire an undivided 100% interest in the La Fortuna property by incurring exploration expenditures of C$3.0 million and making cash payments totalling C$600,000 over a 4-year period. Requirements to maintain the agreement through the first year include a cash payment of C$100,000 and exploration expenditures of C$500,000. The acquisition is subject to a 1.5% Net Smelter Royalty ("NSR"), and to advance payments of the NSR on each anniversary following the date the option is exercised. Cornerstone has a right of first refusal to purchase the NSR if the holder decides to sell it.

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 Ecuador, Chile, and Atlantic Canada, 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. The company is well funded and commitments from JV partners constitute significant validation of the strength of Cornerstone's projects. Further information is available on Cornerstone's website: www.cornerstoneresources.com.

For investor, corporate or media inquiries, please contact:
Investor Relations:
Email: communications@crigold.com
North America toll-free: 1 (877) 277-8377
Martti Kangas - Direct Line: 1 (647) 521-9261
Paul Benwell / Pat Kairns - Direct Line: 1 (514) 904-1333

Investors can access and join the following Cornerstone social media channels:
Facebook
Twitter
YouTube channel
Flickr

The link to a recent Corporate presentation is:
http://www.cornerstoneresources.com/i/pdf/Presentations_0711_CRICorporate.pdf

The link to a virtual tour of drilling at the Gama prospect, Shyri concession in Ecuador is:
http://www.youtube.com/watch?v=Ne8XSfgLwIM

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,
Brooke Macdonald
President"
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Monday, August 29, 2011

Lithium Drive: European Commission launches public consultation on ending oil dependency in transport ilc.v, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax




  Europe takes Oil Dependence and Energy Security very seriously - Electric Cars the core strategy in the published previously White Paper.

"Lithium market: Strong Growth to Drive Lithium-ion Battery Market to $54 Billion by 2020 The fall in the price of Lithium batteries is one of the most important conditions for the Electric Cars mass market roll out. We have more research confirming that Lithium has became the core Energy Storage technology and Plug-Ins will be the driving force in this market.

"We are searching for the value among the bitten into the dust by the recent market panic juniors. Strong portfolios, solid management and special situations are the name of this game today as usual.


Green Car Congress:


29 August 2011
The European Commission has launched a public consultation on long-term plans to end the EU’s oil dependency in transport.

The European Commission recently adopted the White Paper “Roadmap to a Single European Transport Area —Towards a competitive and resource efficient transport system”, which also announced that the European Commission will develop “a sustainable alternative fuels strategy including also the appropriate infrastructure.” In this context, the European Commission has initiated the Clean Transport Systems (CTS) initiative.

Under the CTS initiative, the European Commission is preparing to launch, in the first quarter of 2012, a Communication on alternative transport fuels. The Communication will present a comprehensive long-term alternative fuel strategy for the EU covering the whole transport sector and will identify possible future actions in this area.

The strategy should provide the industry, public sector and consumers with a clear and coherent vision, and should help to accelerate the use of alternative transport fuels in the EU. Action at the EU level should facilitate EU-wide circulation of vehicles powered by alternative fuels.

In order to facilitate the implementation of the strategy and to actively stimulate the market development of alternative fuels, the European Commission is considering putting forward, together with the Communication, a legislative proposal on alternative fuel infrastructure requirements.

The consultation is being launched in an electronic form. Interested parties are invited to send their comments, suggestions and replies to the questionnaire to the Commission services by 6 October 2011.

Contributions received in reply to the consultation will be handled by a consultant and used by the Commission services. A summary of the consultation's results will be published on the Commission's website."
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Juniors: AuRico Gold to Acquire Northgate Minerals and Create A Leading Intermediate Gold Company ilc.v, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax

  

  We have a deal in Junior Gold mining space - consolidation will be driving this sector higher. Risk trade is coming back. The deal has valued Northgate Minerals at 45% premium to the average price of the past 20 days. 


"Once the panic settles we will see flight to the Real assets, China will not be able to diversify all 1.2 Trillion holdings in US Treasuries, but the gradual transition will be in place - new world currency will be the Hard one based on Gold, Silver, Copper and access to strategic commodities like Oil, Lithium and REE. We are expecting that first the gold Majors will properly reflect the Gold valuation in their market caps and after that liquidity will go downstream into the Gold and Silver Juniors. Copper juniors will be at the mercy of the M&A consolidation game again and Lithium will show its truly strategic status with every uptick in the Oil price again. 
  James Dines can be right on the money again with his calls this time. And we will be honest with you - we just do not know what to do if political circus will bring US to the abrupt end without the proper glory of the Rome Empire in its final days."

AUGUST 29, 2011

AuRico Gold to Buy Northgate Minerals for $1.48 Billion
BY DEALBOOK


The hunt for mining companies continues.

AuRico Gold announced plans on Monday to acquire Northgate Minerals, creating a major gold producer with operations in Mexico, Canada and Australia.

For each share they own, Northgate investors would receive 0.365 of AuRico common stock. At that level, the deal is 45 percent above Northgate’s average price in the past 20 days. Reuters put the value of the deal at $1.48 billion. If the transaction is successful, AuRico shareholders would own 62 percent of the newly formed company and Northgate shareholders 38 percent.


The press release
“The assets, projects and people in our two companies are highly complementary, and we are excited about the many opportunities ahead for us to continue to deliver value to our shareholders,” Rene Marion, chief executive of AuRico, said in a statement.

As commodity prices have soared in recent years, deal makers have set their sights on mining companies across the globe.

Last week, Rio Tinto and the Mitsubishi Corporation raised their offer to acquire all of the Australian miner Coal and Allied Industries, a deal valuing it at $11.6 billion. Macarthur Coal is at the center of a hostile takeover play by Peabody Energy and ArcelorMittal. Glencore, the commodities giant, has been picking up a number of assets, most recently moving to acquire the remaining shares it does not already own of Minara Resources, a nickel producer.

Northgate itself was looking to buy Primero Mining. But in light of the AuRico deal, it canceled the acquisition and paid a $25 million termination fee.

“This transaction gives Northgate shareholders a significant premium to market and an exciting opportunity to participate in a leading intermediate gold company,” Richard Hall, the chief executive of Northgate, said in a statement. “The Northgate team has worked hard to develop a highly successful business in Canada and Australia, and we look forward to further value creation through our combination with AuRico.”
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Sunday, August 28, 2011

Bailout: CNBC: EU Working on ‘Radical’ Plan for Banks ilc.v, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax

  

  We have the news that QE3.0 can be now a coordinated action between central banks - EU is In - as this report suggest.

"Chairman Ben S. Bernanke At the Federal Reserve Bank of Kansas City Economic Symposium, Jackson Hole, Wyoming. To put things in perspective, please,  first read the Bloomberg articles below:



Anybody is for the strong dollar from the FED and who's "tool box is empty"?

"Gold, VIX, Panic and the PPT in action - will we see QE after all? The recent Panic and Fear in the market is not something to be taken lightly. According to the chart above - it is only second to the Panic during financial meltdown in 2008 and only slightly higher than we have experienced last year in May.
 Some people are talking about today's Sell Off in Gold as a sign that Bernanke "will do nothing" and his "tool box" is empty. We see this "trash Gold operation" as a part of PPT plan to save the market again. Please do not make any mistake - it is not for the sake of investors, at least not ordinary ones with their pension plans - it is for the insolvent financial system in order to keep it running. The falling market in the deflation death spiral with ticking up CDS on all banks, with the stars like Bank of America in the headlines, will make the real financial meltdown is just one policy mistake away. More"

CNBC:

EU Working on ‘Radical’ Plan for Banks: Report

Following weeks of heavy losses for banking stocks across Europe, the Sunday Times in the UK reported Sunday that European officials are working on a "radical plan" to prevent a fresh pan-European credit crunch.

Without citing sources, the paper said officials from the European Central Bank and European Commission are considering offering central guarantees over certain types of debt issued by banks.

The paper goes onto say that the move comes after a number of European banks where shut out of international money markets.

The report comes after the head of the International Monetary Fund warned on Saturday that "urgent recapitalization" was needed for Europe’s banking industry.

“Developments this summer have indicated we are in a dangerous new phase. The stakes are clear. We risk seeing a fragile recovery derailed, so we should act now,” said Christine Largarde in a speech in Jackson Hole Wyoming on Saturday.

Investors are also worried about the prospects for the second Greek rescue package after Finland demanded collateral against any loans handed to the ailing euro zone member.

On Saturday, President Barack Obama and German Chancellor Angela Merkel spoke on the phone and agreed on the importance of "concerted action" to address current economic challenges and spur growth and job creation in the global economy."

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Lithium Drive: Die leise Revolution - Zukunft Elektroauto ilc.v, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax



  Europe is moving fast into the Electric space and Germany is at the forefront of renewable energy and sustainability movement now. German automakers were holding back on hybrid technology being heavily invested into Hydrogen and "Clean Diesel" technologies - now they are catching up with Electric Cars. Peak Oil is not the mystery over there and German military research made its Peak Oil observations public last year. 
  German start up - DBM Energy - has made a lot of noise this year with potentially disruptive technology and its Lithium Metal Polymer battery promising Energy Storage breakthrough  and impressive range for the Electric.



  

  "Lithium and Rare Earths: Aljazeera: The global race to grab a share of rare earth metals in Central Asia has begun.  We have another article from Aljazeera on the Energy Transition issues we are following here, which is widely quoted on the social web these days. The previous one was about Peak Oil and looming shortage of available Oil Supply with growing Demand in the emerging world. This time we have an opinion on Strategic Metals and Critical Materials for the Energy Transition. It is the case when who is righting is more important than the depth of the research on the subject: Rare Elements, Rare Metals (including Lithium) and Critical Materials are all mixed together. The wide spread quoting of the article will spur more interest on this crucial subject and potential investors will find plenty information in depth on all these  different investment opportunities on the web these days.
  For us it is an another sign that we are close to the next move up in the sector. There will be more and more wide spread realisation by the general public that our Energy diet is unsustainable and - if the world is not going to collapse in the stone age under the weight of mismanaged Debt - we will have to move into the post carbon world. It will be the painful transition, but without it economic collapse is inevitable - the only remedy for the debt reduction left is via currency debasing and it will bring inflation and higher energy prices.
  This transition, on another hand, will bring the new Bull market, which will be larger than the Internet in late 90s and will affect everybody on our planet. We are covering some of the ideas how to survive the transition and participate in this new Bull on this blog."

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