Candente Copper Corp.

Published : January 22nd, 2008

Community of Canaris Votes in Favour of Canariaco and Candente

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Candente Resource Corp.
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January 22, 2008
Community of Canaris Votes in Favour of Canariaco and Candente
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 22, 2008) - Candente Resource Corp. (TSX:DNT)(BVL:DNT)(WKN:GW4) ("Candente" and/or the "Company") is pleased to announce that the Company has renewed the annual permit for exploration (the "Acta") on the Canariaco project with the support of over 85% of the community.

"The support of the local citizens, local authorities and of the regional government is paramount to us," said Ted Muraro, Manager Community Relations, Environmental Protection and Logistics. "We work very closely with the community and with all levels of government. Their participation ensures our activities benefit as many as possible. We are committed to keeping the highest environmental standards (abiding by the Equator Principals) and to assisting in the advancement of Canaris for the benefit of all citizens."

During a meeting held in the village of Canaris on January 6th, 2008 with more than 800 local citizens in attendance, informative presentations on the project were made by the Company and AMEC (Peru) S.A. (Environmental and Social Impact Assessment (ESIA) Consultants). Local authorities in attendance included: Community President, Mr. Francisco Rinza Lucero; the Mayor of the District of Canaris, Antonio Ventura; Canaris Governor, Mr. Nicolas Calderon; and the Energy and Mines and Agriculture Directors, Ing. Anibal Salazar and Ing. Leoncio Navarrete.

Meetings and presentations are part of the Company's policy to collaborate with the community and to ensure the Company understands the needs, opinions, questions and concerns of the citizens with respect to Canariaco and Candente. In addition, they serve to keep the community well informed of the Company's activities and intentions about the advancing nature of the Canariaco project.

The Acta was signed by the local authorities on January 16th, 2008. This authorizes the continuance of the exploration work and the culmination of the environmental impact and feasibility studies at the Canariaco project. An agreement for long term lease and/or purchase of surface rights with the right to exploit (extract minerals) was also discussed and is planned to be proposed in conjunction with completion of the ESIA.

About Canariaco Norte

On March 4, 2007, an updated independent mineral resource estimate was completed on the Canariaco Norte Zone based on 26,019 m of drilling in 82 holes (see News Release 202, March 4th, 2007). The Measured and Indicated resource was estimated as 643 million tonnes (MT) averaging 0.45% Cu at a cut-off grade of 0.3% Cu and containing 6.35 billion (B) pounds (lbs) of copper. The Inferred resource was estimated as 177 MT averaging 0.45% Cu at a cut-off grade of 0.3% Cu and containing 1.75 B lbs of Cu. Within the larger resource, a Starter Pit of 104 MT (Measured and Indicated) grading 0.60% Cu was delineated.

SRK Consulting (Canada) Inc. is now working on a new resource estimate for Canariaco Norte based on the 57,355 metres (m) drilled in 203 holes as of December 31st, 2007. The additional drilling has extended the deposit both to the northeast and to the south and much deeper.

About Candente Resource Corp.

Candente is a diversified exploration company with copper, gold, silver, and zinc projects in Peru and Mexico. Canariaco is an advanced exploration stage copper deposit. Candente subscribes to principles, which ensure that its exploration and development activities are beneficial to the local communities.

NR 236

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 that this news release uses terms which 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.

CONTACT INFORMATION:

Candente Resource Corp.
Mr. John DeCooman
(917) 402-9416

or

Candente Resource Corp.
Mr. Neil Currie
(604) 689-1957 or Toll Free: 1-877-689-1964
Email: communications@candente.com
Website: www.candente.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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Candente Copper Corp.

DEVELOPMENT STAGE
CODE : DNT.TO
ISIN : CA13739Y3041
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Candente Copper is a copper development stage company based in Canada.

Candente Copper develops copper, gold and silver in Peru, and holds various exploration projects in Peru.

Its main asset in development is CAÑARIACO in Peru and its main exploration properties are EL TIGRE, PAMEL, LAS SORPRESAS, LUNAHUANÁ, ALTO DORADO and PICOTA in Peru.

Candente Copper is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 21.4 millions as of today (US$ 17.1 millions, € 15.9 millions).

Its stock quote reached its highest recent level on January 21, 2011 at CA$ 2.63, and its lowest recent point on April 03, 2020 at CA$ 0.02.

Candente Copper has 164 920 000 shares outstanding.

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2007 Annual report
2006 Annual report
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1/23/2013s Drilling at Canariaco
1/3/2013Commences Drilling at Canariaco
10/1/2012Provides Comment on Recent Community Activities in Peru
7/9/2012Community Announces Positive Vote for Canariaco Surface Acce...
6/22/2012Community Sets Date for Assembly to Vote on Surface Access P...
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5/31/2012Receives Drilling Permit for Canariaco Property
5/9/2012s Status of the Canariaco Project
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11/24/2011Canariaco Norte Copper Project Update
10/13/2011Shareholder Rights Plan Becomes Effective
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12/17/2009Closing First Tranche of $6.8 Million and Listing of Candent...
9/10/2009Resource Corp. and Candente Gold Corp.-Update
7/30/2009Candente Gold Corp.-Toronto Stock Exchange Conditional Listi...
6/16/2009 Engagement of BMO Capital Markets for Financing and Schedul...
11/17/2008Results and Summary for the Nine Months Ended September 30, ...
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