SECURITIES AND EXCHANGE COMMISSION
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of December, 2006
Commission File Number 001-32748
| CORRIENTE RESOURCES INC. |
| (Translation of registrant's name into English) |
| 520 - 800 West Pender Street, Vancouver, British Columbia, CANADA V6C 2V6 |
| (Address of principal executive offices) |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F _____ Form 40-F X
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _____ No X
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_______________
DOCUMENTS INCLUDED AS PART OF THIS REPORT
| Document | |
| 1. |
 |
Disclosure statements as required by National Instrument 43-101 are available at our website www.corriente.com |
| "NEWS RELEASE" | ||
| For Immediate Release |
December 12, 2006 |
|
| TSX: CTQ, AMEX: ETQ | ||
DRILLING CONTINUES TO EXTEND COPPER MINERALIZATION AT PANANTZA
VANCOUVER, BRITISH COLUMBIA, December 12, 2006 – Corriente Resources Inc. announced today assay results received from the most recent fourteen holes drilled at Panantza as part of its feasibility drill program. These results follow the results of ten additional holes announced in Corriente’s last Panantza feasibility drilling news release on September 7, 2006. Based on the success of drilling at Panantza to date, the Company is in the process of planning more holes to continue expanding the copper deposit to the south and west.
Current drilling results include hole PA041 with 443 metres of 0.60% copper and hole PA052 with 276 metres of 0.77% copper.
Located in southeast Ecuador approximately 40 km north of the Mirador project, Corriente has uncovered and previously disclosed Inferred resources at Panantza of approximately 395 million tonnes grading 0.67% copper containing 5.8 billion pounds of copper. The main purpose of this most recent drilling program is to help define the southwestern edge of mineralization for an updated resource calculation for Panantza. This resource calculation will be utilized in the planned feasibility study. The deepest holes from this round of drilling (such as PA051) indicate mineralization extends more than 200 metres deeper than previous drilling in the southwest portion of the deposit and mineralization remains open for further extension at depth. The deposit is also still open to the south and west.
Results for the new holes are listed below and a map of the current round of drilling can be found at www.corriente.com. Leached intervals are indicated with hyphens.
|
Hole |
From |
To |
Width |
Cu % |
Zone |
|
|
|
|
|
|
|
|
PA040 |
0 |
35 |
35 |
- |
leached |
|
|
35 |
58 |
23 |
0.48 |
mixed |
|
|
58 |
87 |
29 |
1.02 |
primary |
|
|
87 |
319.13 |
232.13 |
0.08 |
late dike |
|
|
|
|
|
|
|
|
PA041 |
0 |
57 |
57 |
- |
leached |
|
|
57 |
161 |
104 |
0.66 |
primary |
|
|
161 |
353 |
192 |
0.45 |
primary |
|
|
353 |
500 |
147 |
0.74 |
primary |
|
|
500 |
507.49 |
7.49 |
0.30 |
primary |
|
|
|
|
|
|
|
|
PA042 |
0 |
66 |
66 |
- |
leached |
|
angled 60 |
66 |
201.16 |
135.16 |
0.70 |
primary |
|
045 azimuth |
|
|
|
|
|
|
|
|
|
|
|
|
|
PA043 |
0 |
21 |
21 |
- |
leached |
520 – 800 West Pender Street, Vancouver, B.C. V6C 2V6
T (604) 687-0449 F (604) 687-0827
Email copper@corriente.com
|
Hole |
From |
To |
Width |
Cu % |
Zone |
|
|
21 |
232 |
211 |
0.41 |
primary |
|
|
232 |
249.93 |
17.93 |
0.13 |
late dike |
|
|
|
|
|
|
|
|
PA044 |
0 |
57 |
57 |
- |
leached |
|
angled 60 |
57 |
114 |
57 |
0.26 |
primary |
|
090 azimuth |
114 |
291 |
177 |
0.40 |
primary |
|
|
291 |
370.33 |
79.33 |
0.27 |
primary |
|
|
|
|
|
|
|
|
PA045 |
0 |
289 |
289 |
0.18 |
primary |
|
angled 65 |
289 |
318.3 |
29.3 |
- |
late dike |
|
090 azimuth |
318.3 |
323 |
4.7 |
0.34 |
primary |
|
|
323 |
432 |
109 |
0.61 |
primary |
|
|
432 |
445.62 |
13.62 |
0.24 |
primary |
|
|
|
|
|
|
|
|
PA046 |
0 |
58 |
58 |
- |
leached/primary |
|
angled 60 |
58 |
147 |
89 |
- |
late dike |
|
090 azimuth |
147 |
158.49 |
11.49 |
0.10 |
late dike |
|
|
|
|
|
|
|
|
PA047 |
0 |
23.1 |
23.1 |
- |
overburden |
|
angled 75 |
23.1 |
266.7 |
243.6 |
0.12 |
primary |
|
090 azimuth |
|
|
|
|
|
|
|
|
|
|
|
|
|
PA048 |
0 |
41 |
41 |
- |
leached |
|
|
41 |
273 |
232 |
0.49 |
primary |
|
|
273 |
316 |
43 |
0.90 |
primary |
|
|
316 |
350.52 |
34.52 |
0.47 |
primary |
|
|
|
|
|
|
|
|
PA049 |
0 |
32 |
32 |
- |
leached |
|
angled 70 |
32 |
350.52 |
318.52 |
0.65 |
primary |
|
090 azimuth |
|
|
|
|
|
|
|
|
|
|
|
|
|
PA050 |
0 |
35 |
35 |
- |
leached |
|
angled 75 |
35 |
179 |
144 |
0.53 |
primary |
|
270 azimuth |
179 |
304.8 |
125.8 |
0.36 |
primary |
|
|
|
|
|
|
|
|
PA051 |
0 |
29.5 |
29.5 |
- |
leached |
|
|
29.5 |
179.8 |
150.3 |
0.64 |
primary |
|
|
179.8 |
213 |
33.2 |
- |
late dikes |
|
|
213 |
251 |
38 |
0.19 |
late dikes |
|
|
251 |
460.85 |
209.85 |
0.72 |
primary |
|
|
|
|
|
|
|
|
PA052 |
0 |
17.37 |
17.37 |
- |
overburden |
|
|
17.37 |
293.8 |
276.43 |
0.77 |
primary |
|
includes |
221 |
293.8 |
72.8 |
1.03 |
primary |
|
|
293.8 |
308.1 |
14.3 |
- |
late dikes |
|
|
308.1 |
316.7 |
8.6 |
0.75 |
primary |
|
|
316.7 |
320.04 |
3.34 |
- |
late dike |
520 – 800 West Pender Street, Vancouver, B.C. V6C 2V6
T (604) 687-0449 F (604) 687-0827
Email copper@corriente.com
|
Hole |
From |
To |
Width |
Cu % |
Zone |
|
|
|
|
|
|
|
|
PA053 |
0 |
18 |
18 |
- |
leached |
|
angled 60 |
18 |
102 |
84 |
0.67 |
primary |
|
260 azimuth |
102 |
225 |
123 |
0.26 |
late dikes |
|
|
225 |
400.81 |
175.81 |
0.62 |
primary |
|
*All holes are drilled vertically except as indicated in the table |
|||||
The Qualified Person for this disclosure is John Drobe, P.Geo, Chief Geologist. The assay laboratory is ACME Analytical Laboratories Ltd.
ABOUT CORRIENTE
Corriente is moving towards construction of a starter operation at its Mirador copper-gold operation. Mirador is one of the few new, sizeable copper projects available for near-term production. Corriente controls a 100% interest in over 60,000 hectares located within the Corriente Copper Belt, Ecuador. The Belt currently contains four copper and copper-gold porphyry deposits: Mirador, Mirador Norte, Panantza and San Carlos. Additional exploration activities will be ongoing, as six additional copper and copper-gold exploration targets have been identified in the Corriente Copper Belt to date.
"Ken Shannon"
Kenneth R. Shannon
Chief Executive Officer
For further information, please contact Mr. Dan Carriere,
Senior Vice-President
at (604) 687-0449 or see our web site at
www.corriente.com.
Certain statements contained in this News Release constitute forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company’s plans to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made, and readers are advised to consider such forward-looking statements in light of the risks set forth in the company’s continuous disclosure filings as found at www.sedar.com ..
520 – 800 West Pender Street, Vancouver, B.C. V6C 2V6
T (604) 687-0449 F (604) 687-0827
Email copper@corriente.com
SIGNATURES Pursuant to the requirements of
the Securities Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized.
| CORRIENTE RESOURCES INC. | ||
| (Registrant) | ||
| Date: December 12, 2006 | ||
|
By: |
/S/ DARRYL F. JONES | |
| Name: Darryl F. Jones | ||
| Title: Chief Financial Officer | ||