Vancouver, British Columbia, March 7th, 2011.  Candente Copper Corp.
(TSX:DNT, BVL:DNT, US:CDOUF) ("Candente Copper") is pleased to announce
that it has filed with the Canadian securities regulators, an NI 43-101
Technical Report (the "Technical Report") dated March 4th, 2011 in
support of the Pre-Feasibility Study Progress Report for the Ca�ariaco
Norte copper project in Peru (see Candente Copper NR 015, January 18th,
2011).

The Technical Report is a requirement of Canadian Securities
Regulators, and provides an excellent summary of the Ca�ariaco Norte
copper project.  It was prepared by AMEC Americas Limited ("AMEC"), and
can be found on SEDAR at www.sedar.com and Candente Copper's website at
www.candentecopper.com.

The full Pre-Feasibility Study Progress Report is currently under final
review by AMEC and is scheduled for release in mid-March.  This
multiple volume report will provide a comprehensive and detailed
assessment of the Ca�ariaco Norte copper project, and will also be made
available on the Candente Copper website upon completion.

Improved Net Present Value & Internal Rate of Return

Candente is also pleased to report that AMEC has revised the key
financial parameters of the Ca�ariaco Norte copper project.  The new
financial parameters include a significant increase in both after tax
net present value ("NPV") and internal Rate of Return ("IRR") for the
project.

The new financial parameters are:

.. After-tax NPV of US$1,063M (previously US$960M)
Base case using US$2.25 /lb Cu, US$1,015 /oz gold, US$15.85 /oz silver,
and 8% discount rate

.. After-tax IRR of 18.8% (previously 17.7%)
Base case using US$2.25 /lb Cu, US$1,015 /oz gold, and US$15.85 /oz
silver

The metal price assumptions applied in the financial analysis, as well
as the key technical parameters of the Pre-Feasibility Study Progress
Report remain unchanged, and are as reported in Candente Copper's
January 18th News Release.

"Completion of the Technical Report and the imminent completion of the
Pre-Feasibility Study Progress Report are very significant milestones
in the development of the Ca�ariaco Norte copper project," commented
Sean Waller, President of Candente Copper.  "We have established a very
solid basis for Ca�ariaco Norte and will quickly move ahead to the next
stage of development.  We are very pleased with the revised financial
parameters developed by AMEC, and with an after-tax NPV now over one
billion dollars, Ca�ariaco Norte is clearly an exceptional project."

Qualified Persons for NI 43-101 Technical Report

The qualified persons for the NI 43-101 Technical Report are identified
below:
Mr. David Thomas, P.Geo. Principal Geologist with AMEC and an
independent Qualified Person as set forth by NI 43-101. Responsible for
the Ca�ariaco Norte Mineral Resource Estimate reported on November 1,
2010 and included in the Pre-Feasibility Study Progress Report.

Ms. Alexandra Kozak, P.Eng. Manager of Process with AMEC and an
independent Qualified Person as set forth by NI 43-101. Ms Kozak served
as AMEC's project manager for the Ca�ariaco Norte Pre-Feasibility Study
Progress Report.  Ms. Kozak is responsible for project capital costs
and financial analysis.

Mr. Tony Lipiec, P.Eng. Principal Metallurgist with AMEC and an
independent Qualified Person as set forth by NI 43-101, responsible for
metallurgy and process, process equipment capital costs, process
operating costs, and general and administration operating costs.

Mr. Jay Melnyk, P.Eng. Principal Mining Engineer with AMEC and an
independent Qualified Person as set forth by NI 43-101, responsible for
mine design and mine capital and operating costs.

About Candente Copper

Candente Copper Corp is a TSX and BVL listed mining company focused on
exploration and development of base metal mining projects in Peru and
Latin America.  Candente Copper's flagship project is the 100% owned
Ca�ariaco Norte copper project located in northern Peru's prolific
mining district.

_______

Sean Waller, P.Eng., President and Stacy Freudigmann, P.Eng., Candente
Project Manager are the Qualified Persons as defined by National
Instrument 43-101 for the projects discussed above. They have reviewed
and approved the contents of this release.

This news release contains forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work
programs, results of financial analyses, 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. The mine design and
tailings management facility design are based on limited geotechnical
data and may change when additional geotechnical data is made
available. The economic analysis is based on measured and indicated
mineral resources, which are not mineral reserves and do not have
demonstrated economic viability. 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 of terms that 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.

On behalf of the Board of Candente Copper Corp.

"Sean Waller" P.Eng.
President & Director

______________________________________

For further information please contact:

John Foulkes
VP Corporate Development
mobile: +1 (604) 614-2999
local: + 1 (604) 689-1957 ext 2
toll free: 1 (877) 689-1964 ext 2
info@candentecopper.com
www.candente.com

or

Walter Spagnuolo
Manager, Investor Relations
mobile: +1 (604) 306-8477
local: + 1 (604) 689-1957 ext 3

Nataly Reategui
Investor Relations, Peru
Tel.: (511) 715-2001 ext 107
Fax: (511) 717-1233
nreategui@candente.com

NR-020

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