Ecuador Copper & gold

Development and exploration company moving towards initial production.

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Message: Update on Citi-CanaccordAdams Marketing Process

Update on Citi-CanaccordAdams Marketing Process

posted on Mar 25, 2009 04:25PM
March 25, 2009
Corriente Provides Update on Citi-CanaccordAdams Marketing Process
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 25, 2009) - Corriente Resources Inc. (TSX:CTQ)(NYSE Alternext US:ETQ)(NYSE Amex:ETQ.A) wishes to advise that, contrary to recent media reports, there are no material developments to disclose regarding ongoing exclusive negotiations for the potential sale of the company that were announced on December 16, 2008.

ABOUT CORRIENTE

Corriente holds a 100% interest in four known copper and copper-gold porphyry deposits that are being strategically developed as the Mirador Project (which includes our Mirador Norte deposit) and the Panantza-San Carlos Project, for which NI 43-101 Technical Reports have been filed on SEDAR (www.sedar.com).

The company also holds 100% of concession interests covering approximately 430 square kilometers, in which six additional copper exploration targets have been identified. Taken together, the known project deposits and exploration targets represent a potential long-term district development opportunity for large-scale copper-gold mining in southeast Ecuador.

Kenneth R. Shannon, CEO and President
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