2004 News

Release No. 94

Candente Resource Corp. - DNT:TSX-V (Candente) is pleased to advise that bulk sampling of copper mineralization is currently underway on the Cañariaco property, in Northern Peru. Leachable copper (chalcocite) has been identified in outcrop at four locations over a lateral extent of approximately 600 metres. Trenching and bulk sampling is in progress by Candente's Peruvian subsidiary, Exploraciones Milenio S.A.

The copper samples will be submitted for assay, and for metallurgical and petrographic studies. Such studies will assist in determining grade, leachability (a low-cost recovery process for copper) and other characteristics integral to the economics of the mineralization. Ten out of eleven holes previously drilled at Cañariaco have intersected significant copper mineralization over vertical widths of 200 to 300 metres. Leachable copper (chalcocite) grading 0.6% to 1.25% has been found in several of the drill holes. None of the exposures currently being sampled have been drilled to date. The Company has tendered bids for diamond drilling.

Candente is also very pleased to welcome Michael Casselman, M.Sc., P.Geo. to the Company as Manager Exploration. Michael brings over 35 years of international exploration experience to the Candente team, which includes extensive experience in copper. Starting in 1969, Michael was directly involved with feasibility to production of the Highland Valley Copper Mine in British Columbia, which is 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 1980's. In the mid 1990's Michael was involved with copper exploration in Chile with Cominco as Manager Exploration, Chile based in Santiago, Chile and later as Administration Manager, International Exploration based in Vancouver. In 1995, Mr. Casselman wrote a paper on the Highland Valley Copper Deposits, which was published as part of a CIM Bulletin titled Porphyry Copper Deposits of the Northern Cordillera. Michael retired from Cominco in 1999 after holding the position of Exploration Manager, Cominco Ltd.

The Cañariaco project advancement will be under the direction by Mr. Casselman who will be assisted by Ing. Fredy Huanqui and Mr. Frank Nelson. Ing. Huanqui is a co-founder of Candente, has had 30 years of experience in copper and gold exploration in Peru and now holds the position of Vice President Business Development Latin America. Mr. Nelson also has over 30 years of experience in copper exploration internationally including the discovery of the Ertsberg East Deposit (Grasberg District) in Irian Jaya, Indonesia and is on the Candente Advisory Board.

The Company also announces it has granted Incentive Stock Options to employees and consultants in the amount of 600,000 shares at a price of $0.80 for a period of five years.

Candente is a well-funded mineral exploration company focused on the acquisition and exploration of world-class gold and copper projects. Management has a strong geological/technical focus and a track record of discovering world-class mineral deposits. Candente has a policy of ensuring that its' exploration and development activities are beneficial to the local communities. For more information visit www.candente.com, call us at (604) 689-1957, toll free 1-877-689-1964 or e-mail to info@candente.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Joanne C. Freeze"
Joanne 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. Candente relies upon litigation protection for forward looking statements.