Cayden Resources Inc.
TSX VENTURE : CYD

Cayden Resources Inc.

March 31, 2011 13:36 ET

Cayden Resources Provides Morelos Sur Gold Project Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 31, 2011) - Cayden Resources Inc. (TSX VENTURE:CYD) ("Cayden" or the "Company") is pleased to provide a corporate update on its ongoing Morelos Sur Gold project located in Guerrero State, Mexico.

Cayden has drilled a total of 24 holes totalling 7,263 meters at the Mina Verde prospect and has just added a fourth drill rig, which will be used for drilling at both Mina Verde and La Hormiga. The new drill is a reverse circulation rig ("RC"), which will provide faster rates of drilling as well as help reduce the turnaround time on the assays.

Cayden has also only recently gained access to its highly prospective Los Calles target, which lies on the ground between Goldcorp's Bermejal and Los Filos pits (please refer to the Morelos Sur 43-101 technical report at www.caydenresources.com for previous Las Calles drill results). The Company anticipates the commencement of drilling there within two weeks. The Company has also begun to construct roads to its La Hormiga prospect where it expects to be drilling within the month.

In addition to drilling activities, the company is in the final stages of completing an airborne geophysical survey over the entire property, which it will use for advanced targeting once the preliminary results are received from the survey. Cayden has also brought on new senior and junior geologists in order to more rapidly expand its detailed structural mapping and surface sampling programs as well as to expedite core processing.

President and CEO, Ivan Bebek commented, "We are pleased to have gained access to our Los Calles target. Mina Verde drilling to date has been ongoing and uninterrupted, however the results turnaround time has been much slower than anticipated. The arrival of the RC rig, large increases in our geological and sampling staff, and faster penetration rates with the core drills should result in quicker turn around and we expect to receive results in short order."

On Behalf of the Board of Directors,

Ivan BebekIvan Bebek, President and CEO

About Cayden Resources Inc. Cayden is a junior mineral exploration company focused on the rapid exploration and development of high quality mining assets located primarily in North and South America. Managed by highly skilled and successful technical and financial professionals, Cayden is well financed with no debt. Cayden is also strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighboring communities. Cayden trades on the TSX Venture Exchange. More information about Cayden is available at www.caydenresources.com.

Neither the TSX Venture Exchange nor any other regulatory authority accepts responsibility for the adequacy or accuracy of this release.

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