Corriente is very blunt and clear about its intentions. They are just the latest in a long line of companies positive of about the situation in Ecuador. This is actually good press for us. Imagine if our joke for a CEO actually promoted Aurelian like this. Shannon goes around the world drumming up business while Anderson sita in his office all day trying to figure out how to play solitaire on the computer. He says there are a number of interested parties in Corriente. If that is the case then there must be about 3 dozen interested in Aurelian. The good thing is FDN speaks for itself despite Anderson and his BOD incompetence.

We are now conducting in-country due diligence visits with a number of interested industry parties from around the world, all of whom have the capability of advancing a multi-Billion dollar copper district. The first due diligence trips have already been completed and more are in the planning stage over the next 60 days.

In addition, meetings are being held with senior government officials in Quito to form a better understanding of the intentions of the Government of Ecuador regarding the development of responsible mining in the country. Following completion of the Ecuador due diligence phase, the advisory team plans to start negotiations regarding terms of an investment in one or more of the company’s projects.

As part of the ongoing dialogue with the Ecuador Government, the company’s senior Ecuador management recently met with President Rafael Correa. President Correa’s message to the Company was “I have a vision of responsible mining that will bring to the Ecuadorian people the benefits of resource development. Mining will go ahead in Ecuador and our role in government is to ensure such development is fair to all stakeholders, including the local communities.”

Corriente CEO and President, Ken Shannon, commented “While President Correa’s office has yet to release a draft of the government’s new Mining Law, we remain optimistic that recent dialogue and events continue to confirm that mining will be an integral component of Ecuador’s future economic and social development. With over CDN$ 86 Million in the treasury and an excellent Ecuador-based development team in place, Corriente is well-positioned to continue working with the Ecuador Government to develop a responsible mining industry for the benefit of all stakeholders.”