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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Zamora Hydroelectric Complex

Zamora Hydroelectric Complex

posted on Nov 12, 2008 09:21AM
November 12, 2008
Corriente Resources Inc.: Ecuador Government Advances Zamora Hydroelectric Complex
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 12, 2008) - Corriente Resources Inc. (TSX:CTQ)(NYSE-A:ETQ) -

Ecuador's Ministry of Electricity and Renewable Energy has issued a bid tender for the feasibility study and detailed design of the Zamora Hydroelectric Complex located in the Zamora River in southeast Ecuador. The bid tender was launched in a ceremony attended by the Minister of Electricity and Renewable Energy, Alecksey Mosquera, the Sub-Secretary of Projects, Julio Gordon, and the Mayor of the Canton of San Juan Bosco, Leonardo Molina.

The State has earmarked 40 million dollars to complete the design of the complex which consists of a series of projects located 90% within the province of Morona Santiago and totaling over 4,000 MW of hydroelectric potential. For scale, the current installed capacity in Ecuador is approximately 4,000 MW.

One of the most important sites in the complex is the 1,200 MW San Juan Bosco project located just 6 kilometers south of the company's Panantza - San Carlos copper deposits. Access road construction to the site is scheduled to begin in January 2009. Current plans call for the start of operation in 2015.

Ken Shannon, Corriente's CEO, commented, "The development of such hydroelectric power projects indicates that President Correa and his Administration are committed to facilitating nation-building infrastructure for the benefit of all Ecuadorians."
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