2003 News

Release No. 67

The Company is pleased to announce that exploration at Alto Dorado is demonstrating an increase in size to the Toril Gold zone. Gold values ranging from 0.7 to 3.6 grams per tonne (gpt) have been obtained from bedrock exposed in trenches and pits. The host rocks are similar to those hosting the major Peruvian gold mines, Yanacocha and Pierina where average grades are 1 to 3 gpt and cutoff grade is 0.4 gpt.

In the Toril Zone, anomalous gold-mercury-arsenic-antimony levels occur in soils over an area 1.3 km by 1.65 km. This entire area is now of considerable significance due to the fact that gold grades of 1.4 and 3.6 gpt have been found in bedrock in a pit where they were not expected based on the gold levels in the soils above. Soils at surface above the pit carry only 11 to 30 ppb (0.011 to 0.030 gpt) gold, which would not normally attract attention.

As quoted by Thom Calandra on CBS.MarketWatch.com "We're digging pits to bedrock before we drill because it is cheaper, a lot more efficient" says Joanne Freeze.

Previous work had shown favourable rocks such as vuggy silica, granular silica and quartz-alunite breccia outcropping over an area 1 km by 0.15 km and carrying gold values of up to 3 gpt. The gold values of 3.6 gpt and 1.4 gpt were obtained from samples 1.5 metres apart made up of same vuggy silica, granular silica and quartz-alunite breccia in a pit excavated to expose bedrock. Selected samples of similar material collected from a 30 metre trench contain from 0.7 to 1.9 gpt gold in a zone 650 metres northeast of the pit. This trench was dug adjacent to a reverse circulation drill hole by completed by Hecla in 1998, which intersected gold values from 0.3 to 1.4 gpt over the first 18 metres and in other portions of the drill hole. The presence of the gold mineralization in the various phases of the breccia demonstrates the potential for a buried body of gold mineralization.

The Alto Dorado property is located in Northern Peru half-way between the Yanacocha and Pierina Mines and 36 km south-southeast of the Alto Chicama property where Barrick Gold recently announced a new discovery in excess of 7 million ounces of gold.

The current exploration program of mapping, rock sampling, pitting and trenching will continue until the end of the rainy season (approximately March). Once the rainy season is over, a systematic sampling program will be carried out using a portable hand held drill, which penetrates overburden and samples bedrock. Geophysics is also planned to assist in outlining siliceous zones prior to bedrock drilling.

The Toril Zone was part of the area Candente won in an auction on October 22nd, 2002 as described in News Release No. 60 dated October 30th, 2002. The Toril Zone is subject to Candente's Option to Purchase Agreement with Hecla Mining on the Alto Dorado Property.

On another matter the Company is also pleased to announce that several shareholders have recently exercised a total of 1,437,500 warrants @ $0.20, bringing to the Company a total of $287,500 in proceeds. The Prudent Bear Fund exercised 370,000 of these warrants and now holds 4,558,550 shares, which is 18.2% of the total issued and outstanding shares of the Company. The Prudent Bear Fund also holds 135,000 warrants exercisable @ $0.44 if exercised by May 16, 2003 or @ $0.49 if exercised by May 16th, 2004.

The Company has also granted Incentive Stock Options to directors, employees and consultants in the amount of 700,000 shares at a price of $0.48 for a period of five years.

Candente is a junior exploration company focused on the acquisition, exploration and development of world-class gold and copper projects. For more information on our current exploration progress, visit www.candente.com and/or call us at: (604) 689-1957; toll free at 1-877-689-1964; or e-mail to: 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.