Candorado Operating Company Ltd.

Candorado Operating Company Ltd.

April 11, 2006 09:00 ET

Candorado Further Increases its Interest in Central British Columbia to 460,000 Acres

KELOWNA, BRITISH COLUMBIA--(CCNMatthews - April 11, 2006) - Candorado Operating Company Ltd. (TSX VENTURE:CDO) (FWB:HQU) (BERLIN:HQU)

Candorado is pleased to announce that it is continuing to acquire large mineral tenure claim blocks and that in excess of 50,000 acres have been added increasing the company's interest in mineral exploration lands to 460,000 acres within central British Columbia's "Quesnel" copper/gold belt.. Recent acquisitions have been added to the northwest and southern areas of Candorado's "English Lake" claim block (NR April 6/06). Land selection is based on a favourable geological setting within the Nicola Group vulcanics, historic regional rock and silt surveys showing anomalous copper, gold, silver, molybdenum, and nickel values as well as existing airborne magnetic survey data.

The Company believes that using airborne technology, such as the fixed-wing/helicopter supported multisensor/multi-element surveys will allow it to quickly identify targets for its own and joint-ventured ground exploration. A great number of assessment reports (minfiles) from previous exploration programs covering much of the area should assist the Company in the interpretation of airborne survey data.

The R2R (Rags to Riches) Horsefly to Canim Lake multisensor (gamma ray spectrometric magnetic total field) airborne geophysical survey which covered a large block from the "Horsefly" to Canim Lake area has been completed which should test the Company's aggressive approach. Candorado has recently acquired an interest in some 610 sq km within the boundaries of the airborne survey (NR March 9/06). The survey has been carried out by the B.C. Geological Survey in cooperation with the Geological Survey of Canada and industry partners.

Candorado Operating Company Ltd. Is a British Columbia based junior exploration company with properties under exploration in Central, Coastal, and Northern British Columbia and in Northern Ontario's Abbiti Greenstone Belt.

"Rene Bernard", Chairman

ON BEHALF OF THE BOARD OF DIRECTORS of Candorado Operating Company Ltd.

Cautionary Statement on Forward-Looking Information

The statements made in this News Release may contain certain forward looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Candorado Operating Company Ltd.
    Rene Bernard
    (250) 860-2950
    Candorado Operating Company Ltd.
    Suite 208 - 478 Bernard Avenue
    Kelowna, British Columbia, Canada, V1Y 6N7
    (250) 860-2950
    (250) 860-2957 (FAX)