RE: New begining for PLEThe Escondida project represents one of the largest land positions in the Cordillera del Condor near Aurelian Resources' Fruta del Norte gold discovery. The project covers 84,110 hectares (841.1 square kilometres) and borders Aurelian's large land package on the western flank and north of Corriente Resources claims. Fruta del Norte is believed to be the most significant gold discovery made by a junior miner in over a decade. Corriente is planning to produce annually 250 million pounds of copper starting in 2008.