Candente Gold Acquires Silver Prospect in Southern Peru

Candente Gold Corp. announces today the acquisition of the Casustone dust crushing machinea claim from Minera Silex Peru S.R.L. Casua is a 100 hectare concession which covers part of a high grade silver vein system surrounded by Candente Gold's Tres Marias prospect in the Puno District of Southern Peru. Tres Marias hosts known high grade vein hosted silver mineralization and also shows potential for bulk tonnage high sulphidation style gold mineralization.

Tres Marias is located within an emerging epithermal gold and silver belt of southern Peru near the recent Canahuire gold deposit discovery (5.6 million ounces of gold equivalent contained in 83.7 million tonnes grading 2.1 g/t gold equivalent recently announced by the Compania de Minas Buenaventura-Gold Fields Joint Venture. Several other recent discoveries and operating mines are also known in this belt, which is one of the fastest growing precious metal mining districts in Peru. "Recent important gold-silver discoveries in this emerging area of southern Peru significantly amplify the potential of the Tres Marias property," commented Joanne C. Freeze, P.Geo., President & CEO of Candente Gold.