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FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of June 2006
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Commission File Number 001-32748
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CORRIENTE RESOURCES INC.
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(Translation of registrant's name into English)
520 - 800 West Pender Street, Vancouver, British Columbia, CANADA V6C 2V6
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(Address of principal executive offices)
Indicate by check mark whether the registrant files or will
file annual reports under cover Form 20-F or Form 40-F.
Form 20-F Form 40-F X
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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
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If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b) : 82-_______________
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DOCUMENTS INCLUDED AS PART OF THIS REPORT
Document
1. News release, dated June 12, 2006, relating to the
commencement of feasibility drilling at the combined
Panantza and San Carlos Copper Project.
DOCUMENT 1
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| Disclosure statements as required |
| by National Instrument 43-101 are |
| available at our website |
[GRAPHIC OMITTED] | www.corriente.com |
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"NEWS RELEASE"
For Immediate Release June 12, 2006
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TSX: CTQ, AMEX: ETQ
FEASIBILITY DRILLING TO START AT THE COMBINED PANANTZA
AND SAN CARLOS COPPER PROJECT
Concurrent with the handoff of the Mirador Project from development to
construction, Corriente is planning the start of diamond drilling prior to the
end of June, on the Panantza project. This drilling will be part of a larger
project which is designed to incorporate the Panantza and San Carlos concessions
into a single large copper development opportunity with aggregate inferred
resources of 1.05 Billion tonnes at a grade of 0.63% copper. As the two
mineralized centres are only four kilometres apart, the plan will be to provide
a single processing facility for both open pits.
This first phase of drilling will be the start of a planned two-year program to
complete a feasibility study at Panantza and San Carlos, which will look at
development scenarios with concentrator mill throughputs of up to 150,000
tonnes/day. This first phase of work will involve the drilling of 35 holes
totaling 9500 metres with the purpose of expanding the Panantza portion of the
project which is presently not constrained on the south and to define a new
resource figure. This core will also supply the samples required for additional
metallurgical studies to confirm the preliminary work that suggests the Panantza
mineralization is similar to that of the Mirador project and will produce a
clean copper concentrate with a high recovery of the contained copper.
Separately, a recent gold discovery has been announced on concessions
approximately 10 km to the south of the Mirador property boundary, which are
held by Aurelian Resources Inc. (see Aurelian's press release dated June 6 with
news of a drill hole containing 189 metres assaying 24 g/t gold). Corriente has
on its 60,000 hectares of concessions a number of gold anomalies, silica
alteration zones and major north-south trending structures that have potential
for significant gold discoveries. As a copper focused exploration and
development company, Corriente has not carried out detailed exploration and has
not completed any drilling of these targets. In light of the Aurelian discovery,
Corriente will make an assessment of this ground to investigate the possibility
of preparing a package of gold-focused concessions that could be the subject of
a separate business transaction.
"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 .
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.
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(Registrant)
Date: June 14, 2006 By: /s/ Darryl F. Jones
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Name: Darryl F. Jones
Title: Chief Financial Officer