Cornerstone Appoints Colin McKenzie as Chairman
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Colin McKenzie
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Cornerstone Capital Resources Inc.‘s board of directors has appointed Colin McKenzie as chairman, and two former directors, John Fleming and Don Worth, have moved to the company’s advisory board.
“Having Colin, a respected and seasoned industry professional with experience in Latin America and Ecuador, as chairman is an important step for the company for the next stage of its development. He brings the knowledge and skills necessary to ensure that we realize the potential of our current broad portfolio of projects and take full advantage of new opportunities. The board of directors would like to express its gratitude to former chairman John Fleming and former director Don Worth for their significant contributions in guiding the company through a challenging period of cost cutting and helping re-focus it on our projects in Ecuador and Chile, and we hope to continue to benefit from their experience as members of the advisory board,” said President and CEO Brooke Macdonald.
Colin McKenzie has more than 30 years’ experience in major exploration projects and business development in Canada and internationally. McKenzie has been a director of Cornerstone since 2006 and served as president and CEO from 2008 to 2010. From 2004 to 2008, McKenzie was vice president, exploration for Skye Resources, engaged in the development of nickel laterite deposits in Guatemala. Before joining Skye, he was director, exploration for Inco, where he was in charge of exploration in Latin America as well as responsible for generating new business opportunities from Inco’s portfolio of non-core exploration properties. From 1996 to 2000 he was vice president, exploration for Voisey’s Bay Nickel, responsible for managing exploration and resource evaluation of the Voisey’s Bay deposits. Prior to that he held increasingly senior exploration positions with Rio Algom and at BP Mining, where he was credited with the discovery of the Hope Brook gold deposit. McKenzie holds B.Sc. (honors) and M.Sc. degrees in geology from Dalhousie University.
About Cornerstone
Cornerstone Capital Resources Inc. is a well-funded mineral exploration company with a diversified portfolio of projects in Ecuador and Chile, and a proven 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 partnerships.
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