Candente Gold Begins Work at El Oro

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Tue Apr 6, 2010 4:01am EDT

  VANCOUVER, BRITISH COLUMBIA, Apr 06 (MARKET WIRE) -- 
Candente Gold Corp. (TSX: CDG) ("Candente Gold") is pleased to announce
that exploration and underground work has started on the El Oro gold
project, Mexico. Surface and underground diamond drilling are planned to
commence in April as soon as drill sites are ready.

    Rehabilitation work to access the San Rafael vein in the historic El Oro
Mine is well underway. An investigation of old workings since January has
determined that the San Juan adit is in far better condition than
expected and will provide excellent access for part of the underground
drilling program.

    The 2010 work program has been budgeted to include approximately 9,000
metres of diamond drilling underground and 6,000 metres on surface, 500
metres of rehabilitation of old workings and 1,000 metres of new
development.

    Underground drilling will target the vertical extensions of known bonanza
grade gold and silver ore shoots of the San Rafael vein. The San Rafael
vein historically produced over 4 million ounces of gold and 44 million
ounces of silver from only the uppermost 150 to 250 metre levels, with
mine grades averaging 10 to 12 g/t gold and 120 to 160 g/t silver, and as
high as 50 g/t gold and 500 g/t silver.

    "We have very strong geological evidence that the San Rafael and other
vein systems at El Oro may be analogous to other epithermal vein systems
found in the Fresnillo, Guanajuato and Pinos Altos mines in Mexico, where
gold and silver occurs over 600 to 1200 metres vertically," commented Dr.
Peter Megaw, Ph.D. and Darin Wagner, P.Geo., Candente Gold directors.

    Surface drilling will start by testing the Andrea target two kilometres
east of the San Rafael vein. This showing comprises low sulphidation
epithermal style quartz veining and brecciation coinciding with
geochemical anomalies in soils and an NSAMT (Natural Source Audio
Magnetic Telluric) structural target.

    The exploration program at El Oro is being overseen by Mr. Mark J Pryor,
Pr.Sci.Nat., who has recently been appointed Vice President Exploration
for Candente Gold. Mr. Pryor has 25 years of experience in international
gold exploration with Anglo American in Southern Africa; Monarch
Resources, Viceroy and Minefinders in Mexico; and Placer Dome in Mexico,
Africa and Eurasia. Mr. Pryor has been exploring for gold in Mexico since
1995, including guiding the discoveries of the San Sebastian, La
Pitarrilla and San Agustin gold/silver deposits while Exploration Manager
for Monarch Resources.

    In addition, Mr. Pryor oversaw the 2002 to 2004 El Oro district wide
exploration program for Placer Dome, which led to the ore deposit
modelling and projection of potential down dip extensions to the bonanza
grade gold and silver ore shoots below the old workings within the El Oro
and Esperanza Mine leases. Candente Gold is initially targeting these
potential extensions.

    "We are very pleased to begin exploration at El Oro, particularly under
the direction of someone who understands the project so well, and
believes in its potential so fervently," said Joanne Freeze, P.Geo.,
Candente Gold's President & CEO, "With drilling expected to be underway
soon on both the underground and surface targets, we are very excited to
see how much gold and silver there is still to be found in San Rafael,
and what new discoveries are yet to be made on the El Oro gold project."

    Michael A. Petrina, P.Eng. has been appointed Technical Advisor to
oversee all underground development activities. Mr. Petrina brings to
Candente Gold over 25 years of experience in mine operations and
engineering in both underground and open pit settings. Mr. Petrina has
worked extensively in Latin America previously including at Breakwater
Resources' El Mochito Mine, Pan American Silver's Huaron and Quiruvilca
mines and Genco Resources' La Guitarra Mine.

    About Candente Gold

    Through a plan of arrangement completed in December 2009, the Candente
Group separated its gold and silver assets from its copper assets,
assembled an exploration and management team, and created Candente Gold
Corp. Candente Gold began trading on the TSX on January 4, 2010.

    Candente Gold's flagship asset is the El Oro gold project, a district
scale project encompassing one of the largest and most prolific
high-grade epithermal gold-silver vein systems in Mexico. The El Oro
District includes over 20 known veins, but the historic district
production of 6.4 million ounces of gold and 74 million ounces of silver
came from just two of these.

    Candente Gold will also concurrently begin a thorough, modern, systematic
program of exploration of other known veins, and potential additional
veins in the El Oro gold project area as well as on their Peruvian gold
and silver properties in 2010.

    Joanne C. Freeze, P.Geo., President and CEO, Mark J. Pryor, Pr.Sci.Nat.
VP Exploration, and Michael A. Petrina, P.Eng, Technical Advisor are the
non-independent Qualified Persons as defined by National Instrument
43-101 for the projects discussed above and they have reviewed and
approved the contents 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.

    CAUTIONARY NOTE TO U.S. INVESTORS

    We advise U.S. investors that this news release uses terms that are not
recognized by the United States Securities and Exchange Commission
("SEC"), including "mineral resources", "measured resources", "indicated
resources" and "inferred resources". The estimation of measured and
indicated resources involves greater uncertainty as to their existence
and economic feasibility than the estimation of proven and probable
reserves. U.S. investors are cautioned not to assume that mineral
resources in these categories will be converted to reserves. The
estimation of inferred resources involves far greater uncertainty as to
their existence and economic viability than the estimation of other
categories of resources. U.S. investors are cautioned not to assume that
estimates of inferred mineral resources exist, are economically mineable,
or will be upgraded into measured or indicated mineral resources. U.S.
investors are cautioned not to assume that mineral resources in any of
these categories will be converted into reserves.

    On behalf of the Board of Candente Gold Corp.

    Joanne Freeze, P.Geo., President & CEO

Contacts:
Candente Gold Corp.
John Foulkes, VP Corporate Development
local: + 1 (604) 689-1957 ext 2
toll free: 1 (877) 689-1964 ext 2
mobile: + 1 (604) 614-2999
info@candentegold.com

Candente Gold Corp.
Walter Spagnuolo, Manager, Investor Relations
local: + 1 (604) 689-1957 ext 3
toll free: 1 (877) 689-1964 ext 3
mobile: + 1 (604) 306-8477
www.candentegold.com

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