Cadiscor Resources Inc.
TSX VENTURE : CAO
FRANKFURT : DQN

Cadiscor Resources Inc.

December 12, 2006 10:32 ET

Cadiscor Resources Announces Excellent Drill Results on the Discovery Property and Addition of a Third Drill

MONTREAL, QUEBEC--(CCNMatthews - Dec. 12, 2006) - Cadiscor Resources Inc. ("Cadiscor") (TSX VENTURE:CAO)(FRANKFURT:DQN) is pleased to announce initial drill results for its wholly-owned Discovery property (the "property") near Lebel-sur-Quevillon, Quebec.

The current drilling program began in early October 2006 with a single drill, and a second drill was added in mid-October. Eighteen holes have been drilled to date for a total of 7,845 metres out of the 19,000 metres planned for Phase 1. The first hole was numbered Hole B-06-107. Complete assays have been received for nine of the initial holes. Some, such as Hole B-06-111, had to be aborted and redrilled when targets could not be reached due to excessive deviation or poor ground conditions. Laboratory assay waiting times were as high as six weeks recently due to rising precious and base metals prices combined with substantially higher demand related to the sharp increase in exploration activities.

Results to date confirm the presence and continuity of a large gold-bearing zone at depth, in the vicinity of the West and East zones. Management is extremely encouraged by these results, and consequently decided to add a third drill on December 6th to accelerate work on the property.

The high-grade gold-bearing zones often lie within broader, well-mineralized gold zones, as can be seen below in the table of detailed results. The interval widths given are the core lengths. The true widths of mineralized intervals have not yet been determined. Some of the more interesting results were as follows:

- B-06-107: 7.02g/t Au over 3.80 metres

- B-06-108: 6.25g/t Au over 3.45 metres

- B-06-109: 6.83g/t Au over 3.60 metres

- B-06-110: 7.64g/t Au over 2.00 metres

- B-06-112: 7.71 g/t Au over 1.40 metres

- B-06-113: 24.70g/t Au over 2.00 metres

- B-06-116: 6.66g/t Au over 3.00 metres



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Hole MINERALIZATION
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From To Length Grade
(M) (M) (m) g/t Au
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B-06-107 209.50 216.00 6.50 4.56
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With: 212.20 216.00 3.80 7.02
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And: 213.00 216.00 3.00 8.46
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B-06-108 281.50 296.75 15.25 2.91
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With: 283.75 287.40 3.65 3.51
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And: 292.50 296.75 4.25 5.65
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And: 293.30 296.75 3.45 6.25
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B-06-109 549.00 560.50 11.50 4.34
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With: 550.70 554.30 3.60 6.83
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And: 556.10 557.30 1.20 4.87
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And: 558.00 560.50 2.50 4.25
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B-06-110 451.60 456.00 4.40 5.08
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With: 451.60 453.60 2.00 7.64
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B-06-111A and Values less than 0.5
B-06-111B
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B-06-112 463.70 465.50 1.80 3.38
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469.70 471.80 2.10 3.77
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478.80 480.20 1.40 7.71
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B-06-113 348.00 351.69 3.69 4.47
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402.00 404.00 2.00 24.70
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B-06-116 477.00 502.50 25.50 3.48
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With: 477.00 484.50 7.50 4.31
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Including: 481.50 484.50 3.00 6.32
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With: 489.00 496.50 7.50 4.45
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Including: 493.50 496.50 3.00 6.66
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And: 511.50 514.50 3.00 5.61
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A longitudinal section showing the position of these holes relative to the West and East zones is provided in the Discovery Property section of Cadiscor's website at www.cadiscor.com.

Drilling will continue until at least the end of the first quarter of 2007, following which a new resource calculation will be done, along with an opportunity study on an underground exploration program.

Qualified person and Quality Assurance and Quality Control (QA/QC):

The Discovery exploration and drilling program is supervised by Mr. Carl Pelletier, B.Sc., P.Geo., and Ms. Christine Beausoleil, B.Sc., P.Geo., from InnovExplo: a Consulting Firm in Mines and Exploration based in Val-d'Or (Quebec). Mr. Pelletier and Ms. Beausoleil are Qualified and Independent Persons as defined under Regulation 43-101. Sampled core was sawed in half with one half sent to a commercial laboratory and the other half retained for future reference. A strict QA/QC program is followed which includes mineralized standards, blank and field duplicate. Analyses were performed by ALS-Chemex - Chimitec of Val-d'Or (Quebec).

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSABILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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