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Ecuador Government Official States That All Suspensions of Mining Are Lifted
posted on
Mar 03, 2009 02:00AM
March 2, 2009
Corriente Resources Inc.: Ecuador Government Official States That All Suspensions of Mining Activities Are Lifted
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 2, 2009) - Corriente Resources Inc. (TSX:CTQ)(NYSE Alternext US:ETQ) advises that in a presentation given earlier today at the Prospectors and Developers Association of Canada Conference (Toronto, Canada), Dr. Jose Serrano Delgado, Sub-Secretary of Mines in the Ministry of Mines and Petroleum of Ecuador (the "MMP"), announced that the MMP has lifted all suspensions on mining activities in Ecuador, and that formal letters to this effect are in the process of being sent to mining companies.
Corriente will provide further information on the above as it becomes available.
ABOUT CORRIENTE
Corriente controls a 100% interest in approximately 49,000 hectares located within the Corriente Copper Belt, Ecuador. The Belt currently contains four known copper and copper-gold porphyry deposits that are being strategically developed as the Mirador Project (which includes Mirador Norte) and the Panantza-San Carlos Project, and six additional copper exploration targets. Together, these targets represent a potential long-term district development opportunity for large-scale copper-gold mining.