Candente Copper Corp.
TSX : DNT
BVLAC : DNT

Candente Copper Corp.

December 17, 2010 04:00 ET

Candente Copper Files 43-101 Technical Report for the Canariaco Norte Copper Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 17, 2010) -  Candente Copper Corp. (TSX:DNT)(BVLAC:DNT)(WKN:GW4) ("Candente Copper") is pleased to announce that it has filed with the Canadian securities regulators, an NI 43-101 Technical Report dated December 15, 2010 (the "Report") in support of the Resource Estimate for the Cañariaco Norte Copper Project in Peru announced on November 1, 2010 (see Candente Copper NR 010).

The Report was prepared by AMEC Americas Limited ("AMEC"), and can be found on SEDAR at www.sedar.com and Candente Copper's website at www.candentecopper.com.

This Mineral Resource estimate is based on 230 drill holes and includes the results of 15 drill holes completed after the previous estimate by SRK Consulting (Canada) Inc. in September 2008, as well as a review of the deposit lithology, alteration, and specific gravities by AMEC.

David Thomas, P.Geo. and Tony Lipiec, P.Eng. are employees of AMEC Americas Limited and are Qualified Persons as defined by National Instrument 43-101. Mr. Thomas and Mr. Lipiec are responsible for the Technical Report identified above and they have reviewed and approved disclosure of the Technical Report.

A comprehensive Pre-Feasibility Progress Report under the direction of AMEC is in the final stages of preparation and is scheduled for release in January 2011.

About Candente Copper

Candente Copper Corp is a TSX and BVL listed mining company focused on exploration and development of base metal mining projects in Peru and Latin America. Candente Copper's flagship project is the 100% owned pre-feasibility stage Cañariaco Norte copper project located in northern Peru's prolific mining district.

David Thomas, P.Geo. and Tony Lipiec, P.Eng. are employees of AMEC Americas Limited and are Qualified Persons as defined by National Instrument 43-101. Mr. Thomas and Mr. Lipiec are responsible for the Technical Report identified above and they have reviewed and approved disclosure of the Technical Report. Sean Waller, P.Eng., President of Candente Copper has 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 of 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 Copper Corp.

Sean Waller, P. Eng., President & Director

NR-013

Contact Information

  • Candente Copper Corp.
    John Foulkes
    VP Corporate Development
    mobile: +1 (604) 614-2999 or local: + 1 (604) 689-1957 ext 2
    or toll free: 1 (877) 689-1964 ext 2
    info@candentecopper.com
    or
    Candente Copper Corp.
    Walter Spagnuolo
    Manager, Investor Relations
    mobile: +1 (604) 306-8477 or local: + 1 (604) 689-1957 ext 3
    www.candente.com