2004 News

Release No. 93

Candente Resource Corp. - DNT:TSX-V (Candente) is pleased to announce it has closed the previously announced Non-Brokered Flow Through Private Placement of 250,000 units at $1.20 per unit representing gross proceeds of Cdn$300,000. Each unit consists of one share and one--half of one share purchase warrant. One whole non-transferable share purchase warrant permits the holder to purchase one common share of Candente at a price of $1.65 per share for a period of eighteen months following closing (expiring June 30th, 2005). The common shares comprised in the units and any common shares issued on exercise of the warrants are subject to a 4-month hold period expiring May 1st, 2004.

The net proceeds of the private placement will be used for funding exploration and development activities on Candente's mineral properties in Newfoundland, Canada. Candente's cash position now exceeds Cdn$5,000,000 and several exploration programs are in progress.

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 has a track record of discovering world-class mineral deposits. For more information on our exploration progress, visit www.candente.com and/or call (604) 689-1957, toll free 1-877-689-1964 or e-mail to investor@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.