July 13 (Reuters) - Cornerstone Capital Resources Inc CGP.V :
* Cornerstone to spin off non-cascabel assets and to re-name as Cascabel Gold & Copper Inc; Greg Chamandy to join board as chairman
* Board evaluating transfer to spinco of co's interest in generative exploration JV with Ecuadorian state mining co Enami EP
* Cornerstone shareholders will receive shares of Spinco on a pro rata basis
* Spinco will own drill ready Caña Brava, Bella Maria, Vetas Grandes and Bramaderos properties in Ecuador
* Spinco to also own Miocene property in Chile, in addition to co's generative exploration databases for Ecuador and Chile
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