2004 News

Vancouver, British Columbia, July 6, 2004. Candente Resource Corp. - DNT:TSX-V ("Candente") is pleased to announce that the company has commenced diamond (core) drilling on its wholly-owned Alto Dorado property located in Northern Peru. A total of 3,000 meters ("m") (9840 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 has 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, P.Geo. to the Board of Directors. Michael 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.

Michael started working with Cominco Ltd. in 1969, upon graduation from the University of B.C. He obtained an M.Sc. in Geology in 1977. Michael 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 1980's. Michael was involved with copper exploration in Latin America with Cominco when he relocated to Santiago, Chile as Manager Exploration Chile in the mid 1990's 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 1970's and at Tulsequah Chief, B.C. in the late 1980's. Michael 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 $0.70 per share 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 http://www.candente.com, call us at (604) 689-1957, toll free 1-877-689-1964 or e-mail to mailto: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.