Cadiscor Resources Inc.

Cadiscor Resources Inc.

July 11, 2007 08:58 ET

Cadiscor Resources Intersects 14.1 g/t Au Over 2.97m on its Discovery Property

MONTREAL, QUEBEC--(Marketwire - July 11, 2007) - Cadiscor Resources Inc. ("Cadiscor") (TSX VENTURE:CAO)(FRANKFURT:DQN) is pleased to announce that it has received the assay results for exploration hole B-07-150-A, located in the 1200 E Sector, 600 metres to the east of the easternmost gold zone included in the last 43-101 Discovery resource estimate, reported on May 24, 2007. This sector was not included in the 43-101 resource estimate.

Hole B-07-150-A was drilled to explore an area where historical drilling (1996, 1997 and 2002) by previous owners GeoNova Exploration Inc. and Strateco Resources Inc. delivered excellent results without follow-up drilling or a resource calculation. Hole B-07-150-A intersected typical Discovery-type mineralization, at a depth of nearly 190 metres. The hole intersected 14.1 g/t Au over a 2.97-metre interval from 212.7 to 215.67 metres. A second mineralized zone was also intersected and assayed 4.8 g/t Au over 2.69 metres, from 233.0 to 235.69 metres.

Previous holes in this sector of the property returned the following results: 6.06 g/t Au over 2.02 metres in Hole BD-96-33, located 80 metres up-dip from B-07-150-A; 14.31 g/t Au over 3.49 metres in Hole BD-96-38, located 40 metres up-dip from B-07-150-A; 6.89g/t Au over 0.55 metres in Hole BD-02-64, located 120 metres down-dip and 120 metres east of B-07-150-A; 7.04g/t Au over 5.70 metres in Hole BD-97-63, located 100 metres east of B-07-150-A; and 16.86g/t over 1.51 metres in the deepest hole in this sector, Hole BD-96-46, located nearly 190 metres down-dip from B-07-150-A. The zone is open at depth.

The true width of the mineralized intervals has not yet been determined. Assaying was done by ALS-Chemex/Chimitec Lab in Val-d'Or for Hole B-07-150-A of Cadiscor and at the same lab for the 2002 Strateco drill holes. In the case of 1996, 1997 GeoNova Exploration Inc. drill holes, assaying was done at Technilab and Abilab. Assaying method was done by fire assays with atomic absorption finish. Gravimetric finish was used if warranted.

Results for B-07-150-A and the previous holes indicate the presence of an additional gold zone on Discovery. It also confirms the excellent exploration potential of the property. Cadiscor intends to aggressively explore the lateral and depth extensions of this gold zone. An exploration program is in preparation and will include deep drilling on this target.

This press release was prepared under the supervision of Vincent Jourdain, Ph.D. Eng., Vice-President Exploration, qualified person defined under the Regulation 43-101.

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, Ontario 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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