Corriente Discontinues Activities At Famatina in Argentina.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--April 10, 2000 Corriente Resources Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CTQ CTQ Centre de Toxicologie du Québec CTQ Critical To Quality CTQ Cysteine Tryptophylquinone CTQ Confined to Quarters .) announced today that management has made the decision to discontinue the company's option agreement on its Famatina gold project in Argentina. Drilling to date has failed to show the desired level of continuity in the prospect's vein targets. Management feels that to maximize shareholder returns, the Company should focus its time and financial resources on its promising Corriente Copper Belt district in Ecuador. Corriente is a Canadian-based junior resource company engaged in the acquisition, exploration and development of mineral resource properties in the Andes region of South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . Kenneth R. Shannon, President The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. has neither approved nor disapproved of the information contained herein. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion