According to the article “Have archaeologists discovered the mysterious lost city of gold, Ciudad Blanca?” in the Independent (UK) another legendary city may have been discovered.
Some say the legend reaches back into antiquity to the pre-conquistador inhabitants and others say it was perpetrated by those that had fallen under their control to get the Spaniards looking elsewhere. The first documented reference appears to be from Hernan Cortez in 1526, who, in a letter to the Emperor Charles V, told him of a city filled with gold that was hidden in the jungle. All attempts to find the city proved fruitless, except a few 20th century explorers that have found mounds and structures in Honduras.
Currently, mainstream archaeologists discount that the White City ever existed, however an expedition to the area later this year (2013) could change our understanding again.
Have a great day.