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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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 September 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 of 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
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1. News release, dated September 7, 2006, related to the Company's
drilling results for its Panantza copper deposit.
DOCUMENT 1
[CORRIENTE RESOURCES GRAPHIC OMITTED]
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| Disclosure statements as required |
| by National Instrument 43-101 are |
| available at our website |
| www.corriente.com |
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"NEWS RELEASE"
For Immediate Release September 07, 2006
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TSX: CTQ, AMEX: ETQ
DRILLING EXTENDS PANANTZA COPPER MINERALIZATION, ECUADOR
VANCOUVER, BRITISH COLUMBIA, September 07, 2006 - Corriente Resources Inc.,
announced today drilling results for its Panantza copper deposit.
Further to our Panantza feasibility drilling news release of June 12, 2006,
assays have been received from the most recent ten holes of this drilling
program. Drilling continues to the south and further holes will be announced
throughout the next few months.
Current drilling results include hole PA039 with 17 metres of 1.31% copper in a
secondary copper horizon overlying 399 metres of 0.66% copper.
Panantza, which is located in southeast Ecuador approximately 40 km north of our
Mirador project, has not been drilled since 2001. Previous inferred resources at
Panantza total approximately 395 million tonnes grading 0.67% copper containing
5.8 billion pounds of copper. The deposit sits beside our San Carlos deposit
that totals approximately 657 million tonnes grading 0.61% copper and containing
8.8 billion pounds of copper. Results from the previous drilling at Panantza
included holes PA013 with 299 metres of 0.76% copper, hole PA012 with 269 metres
of 0.97% copper, and PA017 with 64 metres of 1.29% secondary copper at the
surface followed by 383m of 0.75% copper.
The purpose of this drilling was to define the southern edge of Panantza's
mineralization so that an updated resource calculation could be provided for a
planned feasibility study. However, rather than delineate the edge of the
Panantza deposit, the most recent results indicate the Panantza mineralization
extends farther south than previously recognized. The southernmost holes
drilled, PA033 and PA034, were both terminated in copper mineralization
averaging over 0.8% Cu at the hole bottoms, at approximately 330 metres and 342
metres deep respectively. The Panantza drill plan has now been expanded to
complete additional holes to follow this mineralization to the south.
The geology from the new drilling is consistent with the existing model at
Panantza, which is a conventional copper porphyry deposit hosted in granitic and
porphyritic rocks. The copper mineralization is almost exclusively chalcopyrite
with local horizons of secondary copper sulfide and oxide near the surface. The
barren dike intersections in the table below are from a small 15-25 metre wide
dike which crosses the area of this phase of drilling, but in general the amount
of post-mineral dikes at Panantza is low.
According to Ken Shannon CEO of Corriente, "Panantza-San Carlos represents a
rare opportunity to capitalize on six years of community work, project
engineering and management development that has been built around the nearby
Mirador project. To be able to utilize that body of knowledge on a similar
project such as Panantza-San Carlos will significantly aid in the project
development process and at the same time allow us to take economic advantage of
infrastructure that will be put in place for the Mirador mine."
Results for the new holes are listed below and a map of the current round of
drilling can be found at www.corriente.com. Un-mineralized intervals are
indicated with a hyphen.
-------- ----------- ---------- ----------- ----------- ------------------------
Hole* From To Width Cu % Zone
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PA030 0 19 19 - overburden/leached
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19 170.68 151.68 0.23 primary
-------- ----------- ---------- ----------- ----------- ------------------------
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PA031 0 37 37 - overburden/late dike
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37 64 27 0.39 late dike w/ CuOx
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64 318.52 254.52 0.39 primary
-------- ----------- ---------- ----------- ----------- ------------------------
-------- ----------- ---------- ----------- ----------- ------------------------
PA032 0 46 46 0.22 leached/CuOx
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46 58 12 1.05 enriched
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58 296.88 238.88 0.62 primary
-------- ----------- ---------- ----------- ----------- ------------------------
-------- ----------- ---------- ----------- ----------- ------------------------
PA033 0 57 57 - leached
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57 88 31 0.77 primary
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88 132 44 - late dike
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132 148 16 0.59 primary
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148 181 33 - late dike
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181 329.79 148.79 0.68 primary
-------- ----------- ---------- ----------- ----------- ------------------------
-------- ----------- ---------- ----------- ----------- ------------------------
PA034 0 72 72 0.35 leached/CuOx
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72 109 37 0.80 enriched
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109 228 119 0.37 primary
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228 311 83 - mostly late dike
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311 342.9 31.9 0.70 primary
-------- ----------- ---------- ----------- ----------- ------------------------
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PA035 0 76 76 0.33 leached/CuOx
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76 286.9 210.9 0.65 primary
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286.9 360.2 73.3 - mostly late dike
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360.2 417.9 57.7 1.00 primary
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417.9 429.16 11.26 - late dike
-------- ----------- ---------- ----------- ----------- ------------------------
-------- ----------- ---------- ----------- ----------- ------------------------
PA036 0 54.75 54.75 - leached
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54.75 299 244.25 0.66 primary
-------- ----------- ---------- ----------- ----------- ------------------------
299 311.96 12.96 - late dike
-------- ----------- ---------- ----------- ----------- ------------------------
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PA037 0 61 61 - leached
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61 148 87 0.34 primary
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148 196.7 48.7 - late dike
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196.7 240.79 44.09 0.47 primary
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PA038 0 49 49 - leached
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49 61 12 0.88 enriched
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61 341.37 280.37 0.57 primary
-------- ----------- ---------- ----------- ----------- ------------------------
-------- ----------- ---------- ----------- ----------- ------------------------
Hole* From To Width Cu % Zone
-------- ----------- ---------- ----------- ----------- ------------------------
-------- ----------- ---------- ----------- ----------- ------------------------
PA039 0 41 41 - leached
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41 58 17 1.31 enriched
-------- ----------- ---------- ----------- ----------- ------------------------
58 457 399 0.66 primary
-------- ----------- ---------- ----------- ----------- ------------------------
457 481.58 24.58 - mostly late dike
-------- ----------- ---------- ----------- ----------- ------------------------
*All holes are drilled vertically
The Qualified Person for this disclosure is John Drobe, P.Geo, Chief Geologist.
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 three copper and copper-gold porphyry deposits: Mirador,
Panantza and San Carlos, as well as the Mirador Norte prospect currently under
development. 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.
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(Registrant)
Date: September 7, 2006 By: /S/ DARRYL F. JONES
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Name: Darryl F. Jones
Title: Chief Financial Officer