Candente Copper Corp (DNT)

[Ed Monton]

Candente begins Alto Dorado drilling; board appointee

2004-07-06 19:16 ET - News Release


Ms. Joanne Freeze reports

CANDENTE COMMENCES DRILLING PROGRAM ON ALTO DORADO, NORTHERN PERU

Candente Resource Corp. has commenced diamond (core) drilling on its wholly owned Alto Dorado property located in northern Peru. A total of 3,000 metres (m) (9,840 feet) of core drilling is currently planned for the Alto Dorado property and is expected to be carried out in two phases. The same drill will be used to carry out an additional 3,000 m of core drilling on Candente's wholly owned Canariaco copper project.

The first phase of drilling at Alto Dorado will be carried out on the Toril and Ana high-sulphidation gold zones and is expected to take approximately six weeks. Drilling is being conducted by Kluane Drilling of Vancouver, B.C., using a very portable rig which requires no road building and minimal site disturbance. Results will be announced when all phase one data have been received and compiled.

For more technical information on the Alto Dorado property please refer to: http://www.candente.com/s/Projects_Peru.asp?PropertyInfoID=655&View=1.

Candente is also pleased to announce the appointment of Michael Casselman, PGeo, to the board of directors. Mr. Casselman joined the company in February of 2004 as manager exploration and brings over 35 years of international mining exploration experience to the Candente team. Since joining Candente, he has been instrumental in leading exploration teams in both Peru and Newfoundland in the evaluation and advancement of Candente properties. His wealth of experience in evaluating projects and managing exploration teams especially in Latin America and in copper exploration has proven to be a great asset for Candente.

Mr. Casselman started working with Cominco Ltd. in 1969, upon graduation from the University of B.C. He obtained an MSc in Geology in 1977. Mr. Casselman was directly involved from feasibility to production with the Highland Valley copper mine in British Columbia, Canada's largest copper mine and one of the largest copper mining/concentration operations in the world. He was also in charge of exploration both at the mine and in the surrounding district in the 1980s. Mr. Casselman was involved with copper exploration in Latin America with Cominco when he relocated to Santiago, Chile, as manager exploration Chile in the mid-1990s and later as administration manager, international exploration, based in Vancouver. He was also instrumental in the discovery of several volcanogenic massive sulphide (gold-silver-copper-lead-zinc) deposits at Hackett River, NWT, in the 1970s and at Tulsequah Chief, B.C., in the late 1980s. Mr. Casselman retired from Cominco in 1999 after holding the position of exploration manager. Following retirement he has consulted for and served on the board of several junior mining companies.

Candente also announces that the company has granted incentive stock options to directors, employees and consultants to purchase a total of 111,000 shares exercisable at a price of 70 cents per share for a period of five years.

WARNING: The company relies upon litigation protection for "forward-looking" statements.