2003 News

Release No. 75

Candente is pleased to report that exploration is advancing as planned on its projects in Peru and Newfoundland.

Newfoundland -- Goldcorp

Goldcorp continues to be interested in the gold potential of Newfoundland. Details of the Goldcorp-Candente Strategic Partnership for exploration in Newfoundland are currently being finalized. Candente's Newfoundland exploration is scheduled to recommence this month.

Peru -- Apex Silver

On May 9th of this year Candente entered into an agreement with Apex Silver Mines Limited which provides for Candente to transfer its interest in a base and precious metals prospect in Central Peru for a 2% NSR on all copper, lead, zinc, silver and gold produced. Apex is actively exploring the region and will finance and control all further exploration and development on the property. Candente is also negotiating agreements with Apex Silver on other VMS (Volcanogenic Massive Sulphide) prospects currently held by the Company in Peru. Candente delineated several VMS targets in Peru in 1998 but has not conducted any exploration on them since that time as the corporate focus has been aimed specifically on gold exploration.

Peru -- Alto Dorado: Toril Gold Zone

Candente is also actively exploring the Alto Dorado Property in Northern Peru, where gold mineralization in vuggy and granular silica is similar to ore bodies found at Peru's low cost gold producers, Yanacocha and Pierina. Recent geophysical test surveys on the Toril Zone have been successful in identifying both potential extensions to known gold zones and the existence of other potential buried mineral bodies in the area. The geophysical surveys also indicate that the Toril hydrothermal system has a minimum length of 3 kilometres. Additional information will be provided as soon as interpretations are completed. Exploration is ongoing such that additional geophysical surveys, geochemical sampling and overburden drilling will be carried out over the next several months.

Candente is a mineral exploration company focused on the acquisition, exploration and development of world-class gold projects and has a strategic partnership with a premier gold producer. Management has a track record of discovering world-class mines. For more information on our current exploration progress visit www.candente.com and/or contact us at (604) 689-1957, toll free 1-877-689-1964 or investor@candente.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Joanne C. Freeze"
Joanne C. Freeze, P.Geo., President & CEO
CANDENTE RESOURCE CORP.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.