Candorado Operating Company Ltd.

Candorado Operating Company Ltd.

April 06, 2006 12:49 ET

Candorado Increases its Land Position in Central B.C. to Over 400,000 Acres

KELOWNA, BRITISH COLUMBIA--(CCNMatthews - April 6, 2006) -

Candorado Operating Company Ltd. (TSX VENTURE:CDO) (FWB:HQU) (BERLIN:HQU)

Candorado is pleased to announce that it has acquired through staking an additional 100,000+ acres southeast of Canim Lake, directly east of and adjoining large claim blocks under mineral exploration by Rimfire Minerals and Christopher James Gold.

Candorado chose the area in consultation with its geological consultants based on its highly anomalous copper stream sediment geochemistry. Several high molybdenum anomalies are also reported from stream sediments.

Due to the pine beetle infestation, thousands of kilometers of new logging roads have been constructed throughout the area giving the company good ground exposure and access over and onto most of its exploration properties. The new staked area makes Candorado Operating Company the largest Mineral Exploration land holder between the Afton and Mount Polley copper/gold porphyry camps situated within the "Quesnel Trough", Canada's most prolific copper/gold porphyry belt. Candorado now has an interest (owned, optioned and joint ventured) in over 1,650 square km. in the area.

Candorado is currently planning extensive airborne and ground geophysical and geochemical surveys to identify target areas for further ground investigation and drilling. With this new acquisition and two more exploration properties in Coastal and Northern British Columbia, Candorado has committed itself to make British Columbia its main focus of exploration.

"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)