Candorado Operating Company Ltd.

Candorado Operating Company Ltd.

April 10, 2006 10:55 ET

Candorado Operating Company Ltd.: Start of 2006 Drilling Program at Murphy Lake, British Columbia

KELOWNA, BRITISH COLUMBIA--(CCNMatthews - April 10, 2006) - Candorado Operating Company Ltd. (TSX VENTURE:CDO):

The company is pleased to announce that it has started the permitting process for its 2006 drill program near Murphy Lake in Central British Columbia. Mineralization at Murphy Lake is typical of alkalic porphyry copper-gold deposits in that it is hosted in an extensive zone of potassic alteration. Candorado's consultants have prepared a compilation of geo-physical and geo-chemical data within the claim block and initial drilling will test targets within a 1.2km wide potassic alteration zone that has been defined over a 3km length around the eastern margin of the Murphy Lake stock.The area is west of historic drill holes ML95-01 and ML95-03 which have returned results of 0.41% copper across 15 meter and 1.14% copper across 9.3 meter.

The property is within British Columbia's Quesnel Trough,Canada's most prolific copper belt where the company has acquired an interest in over 400.000 acres within several claim blocks.

"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)