Vancouver, British Columbia, February 28th, 2006. Candente Resource Corp. (DNT:TSX) (Candente) reports that the 2006-Phase I drilling has been completed on the Alto Dorado gold-copper project in Peru. A total of 2,083 metres (m) (6834 feet) were drilled in 6 holes. Results confirm the presence of a very extensive porphyry style copper system. In addition, two zones of high sulphidation alteration and mineralization (native sulphur, enargite, massive to vuggy silica and alunite) were intersected in the two northern most holes.
The largest and most northern one of three porphyry centres on the property was tested by this drilling. All six holes intersected typical porphyry style alteration and mineralization and two of the holes are believed to have been drilled over the centre of the system. It is believed that a higher grade core could lie beneath this area as the alteration and mineralization was getting stronger with depth.
The following are highlights of the grades intersected:
| Hole | From | To | Interval | Cu Grade (%) |
| AD06-010 | 0 | 463 | 463 | 0.15 |
| 26 | 50 | 24 | 0.33 | |
| 306 | 342 | 36 | 0.34 | |
| within | 306 | 322 | 16 | 0.44 |
| within | 312 | 318 | 6 | 0.70 |
| AD06-011 | 310 | 325 | 15 | 1.08 |
| within | 310 | 315 | 5 | 0.57 |
| within | 317 | 325 | 8 | 1.65 |
| AD06-014 | 208 | 227 | 19 | 0.32 |
The intersections of high sulphidation style mineralization and alteration in two drill holes indicate the possibility for high sulphidation style mineralization on the property. Just north of these drill holes, a geophysical target comprised of high resistivity, high Induced Polarization chargeability zone and a distinct magnetic linear was defined by Candente in a Time Domain Electromagnetic (TDEM) survey in 2004. This type of geophysical target has affinities with high sulphidation styles of alteration and opens up the possibility for high sulphidation style gold systems existing in the area of our recent drilling and to the north.
The two southern porphyry centres, which remain untested, have high grade gold and silver mineralization in stockwork zones on surface and their potential high grade cores are expected to be closer to surface than in the northern area.
Future drilling is recommended for the two southern porphyry targets and deeper drilling on the northern porphyry as well as the northern high sulphidation target.
The drilling was funded by Gallipoli Mining of Australia ("Gallipoli") who have the right to earn a 50% interest in the Alto Dorado property by incurring exploration expenditures of US$5.4 million over 3.5 years and may elect to increase their interest to 65% by funding and completing a bankable feasibility study on the property within the following 3 years. (Candente News Releases December 8th and 21st, 2005).
For more technical information on the Alto Dorado property please refer to:
http://www.candente.com/s/Projects_Peru.asp?PropertyInfoID=655&View=1.
Sampling and analytical procedures conform to NI 43-101 standards and are detailed in previous Candente news release dated September 16, 2004. All samples will be submitted to Actlabs in Lima, Peru. Michael Casselman, P.Geo. and Joanne Freeze, P.Geo., are the Qualified Persons for the project as defined by NI 43-101 and Joanne Freeze has reviewed this news release.
Candente is a diversified copper and gold exploration company focused on increasing shareholder value through discovery. Candente has an advanced exploration stage leachable copper project, Cañariaco, and several other gold, copper and silver projects in Peru. Candente subscribes to principles which ensure that its exploration and development activities are beneficial to the local communities.
For further information please contact Evelyn Cox at: (604) 689-1957 or toll free 1-877-689-1964
info@candente.com www.candente.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Joanne C. Freeze"
Joanne Freeze, P. Geo., President & CEO
Candente Resource Corp.
Release No. 154
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.