Cadiscor Resources Inc.

Cadiscor Resources Inc.

June 17, 2008 08:30 ET

Cadiscor Adds More Gold Resources to Discovery

MONTREAL, QUEBEC--(Marketwire - June 17, 2008) - Cadiscor Resources Inc. ("Cadiscor")(TSX VENTURE:CAO)(FRANKFURT:DQN) is pleased to announce results of the new NI-43-101 resource estimate for its 100% owned Discovery Gold property estimated by independent Consulting Firm InnovExplo Inc. (InnovExplo). The results from the 19 holes (for 11,800 meters) drilled between May 2007 and February 2008 confirm the excellent exploration potential as this additional drilling increased again the gold resources of the Discovery property.

The Measured and Indicated resources increased by 15%, and are now estimated at 1,282,082 tons at an average grade of 5.75 g/t for a total of 237,074 ounces of gold, compared to the previous May 2007 NI-43-101(1,163,186 tons at 5.53 g/t for 206,624 ounces of gold).

In addition, the Inferred resources increased by 56%, for a total of 1,545,500 tons at an average grade of 5.93 g/t for 294,473 ounces of gold, compared to the previous May 2007 NI-43-101 estimate (966,864 tons at 6.06 g/t for 188,510 ounces of gold).

InnovExplo concludes in its report that the East Zone and the 1200 E Sector remain open at depth and along strike.

Tons Grade Ounces
(Metric) (G/t Au) Contained
Total: Measured and Indicated 1,282,082 5.75 237,074
Total: Inferred 1,545,500 5.93 294,473

The same following technical parameters were used in estimating the resources:

- A cut-off grade of 3 g/t Au and a minimum horizontal width of 1.6 metres.

- High gold values were capped to 35g/t.

- The average density used is 2.82-tons/cubic meter.

Cadiscor will receive during the third quarter of 2008 a Scoping Study on the Discovery property that will establish the financial parameters of an underground exploration campaign aimed at upgrading by drilling and sampling the resources categories in order to confirm the quality and continuity of the gold zones.

The complete NI-43-101 technical report will be filed on SEDAR in the next forty-five days. The added resources are located at depth in the East Zone and in the 1200 E Sector, where no resources were yet defined. The estimate conforms to Standards of Disclosure for Mineral Projects. It includes previous drilling results used in the May 2007 NI-43-101 Report on the Discovery gold deposit and new analytical results from the drilling campaign carried on the property between May 2007 and February 2008. This program consisted of widely spaced holes aiming to identify extensions or new resources on the project. The gold zones remain open.

The NI-43-101 June 12 Report on the Discovery property was realized by Mr. Carl Pelletier, B.Sc., P. Geo. from InnovExplo: a Consulting Firm in Mines and Exploration based in Val-d'Or (Quebec). Mr. Pelletier is a qualified and independent Person as defined under Regulation 43-101. The same person supervised the drilling campaign. A strict QA/QC program is followed which includes mineralized standards, blank and field duplicate. Sampled core was sawed in half with one half sent to a commercial laboratory and the other half retained for future reference. Analyses were performed by ALS-Chemex - Chimitec of Val-d'Or (Qc).

Forward-Looking Statements

This press release contains forward-looking statements subject to certain risks and uncertainties. There can be no assurance that these statements will prove to be correct, and actual results and future events could differ materially from those implied by such statements. These risks and uncertainties are discussed in the annual report filed with the securities commissions of Alberta, British Columbia and Quebec, and in the 10-KSB annual report filed with the US Securities and Exchange Commission. The Company does not undertake to publicly revise or update any such statements on the basis of new Information, future events or any other event.


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