Candente Resource Corp. (TSX:DNT)(BVL:DNT)(WKN:GW4) ("Candente" or the
"Company") announces a summary of its results for the six months ended June 30,
2008 (the "2008 Period"). All amounts in this release are in U.S. dollars unless
otherwise stated.


Candente incurred mineral properties expenditures totalling $8.0 million during
the 2008 Period, of which $7.3 million was directed to the Canariaco property.
Cumulative mineral property expenditures to June 30, 2008 totalled $31.1 million
of which Canariaco expenditures totalled $24.5 million.


During the 2008 Period, the Company received gross proceeds of $11.8 million
from a private placement of units at a price of Cdn$1.50 per unit completed in
June 2008 and $0.7 million from the exercise of stock options. Each unit from
the placement consisted of one common share and a one-half share purchase
warrant, each full warrant exercisable at a price of Cdn$2.00 to purchase one
additional common share of the Company over a two-year period.


At June 30, 2008, the Company had $13.1 million in cash and cash equivalents and
working capital of $10.4 million. The Company's net loss for the 2008 Period
totalled $2.2 million, or $0.03 per share, compared to $1.8 million, or $0.03
per share, for the same period in 2007.


For a detailed analysis of the above financial results, refer to the Interim
Consolidated Financial Statements and Management's Discussion and Analysis for
the 2008 Period available on the Company's website at www.candente.com and at
www.sedar.com.


The Company continues to be focused on advancing the Canariaco Norte Deposit
with resource delineation and expansion drilling and various engineering and
other studies, which are forming the basis for an updated Preliminary Economic
Assessment (PEA) and a Feasibility Study. In addition drilling has commenced on
the Canariaco Sur porphyry target.


Corporate highlights for the 2008 Period up to August 12, 2008 follow:

- Announced January 22, 2008 the renewal of the Canariaco property exploration
permit with support from 85% of the community;


- A combined total of 11,672 meters of diamond drilling has been competed to
date (in 2008);


- An inclined drill hole program designed in conjunction with SRK Vancouver
(Canada) Inc. to test geological boundaries, copper grade continuity and major
structures for resource modeling and resource estimation was carried out;


-- The program included ten inclined diamond drill holes (2,700 meters)
completed March 2008 for inclusion in an updated resource estimate discussed
below; and


-- A further four inclined diamond drill holes (1,191 meters) completed June
2008 following the updated resource estimate has confirmed the interpreted
geological boundaries and structures used in the three-dimensional geological
resource model.


- Announced a revised Canariaco Norte mineral resource estimate May 29, 2008 and
filed the related National Instrument 43-101 Technical Report (Amended) on July
22, 2008;


-- Measured and Indicated: 622 million tonnes ("MT") grading 0.47% Cu containing
6.46 billion lbs Cu;


--- Measured: 237 MT grading 0.51% Cu containing 2.66 billion pounds ("lbs") Cu
(0.3% Cu cutoff grade);


--- Indicated: 385 MT grading 0.45% Cu containing 3.80 billion lbs Cu (0.3% Cu
cutoff grade);


-- Inferred resource of 128 MT grading 0.43% Cu containing 1.2 billion lbs Cu
(0.3% Cu cutoff grade); and


-- Total unclassified, unconstrained mineral inventory of 870 MT grading 0.46%
Cu containing 8.9 billion lbs of Cu (0.3% Cu cutoff grade);


- SGS Lakefield ("SGS") in Santiago, Chile was contracted in 1Q 2008 to conduct
a Phase II Metallurgical Program;


-- Metallurgical samples are being derived from 17 diamond drill holes of which
16 (3,551 meters) were completed in 2Q 2008, and one hole (392 meters) was
completed end 2007;


-- SGS is conducting feasibility level comminution and flotation testing, flow
sheet development and metallurgical variability assessment of the Canariaco
mineralization from composites representative of lithology, alteration and
mineralization types at Canariaco Norte. SGS Lakefield will also evaluate rock
characterization including abrasion, grindability and crushing indices for
crusher and mill design. These tests are scheduled to be completed in 4Q 2008.


- Raised gross proceeds of $11.8 million in a private placement mostly with
institutions in North and South America on June 26, 2008;


- A Resource Delineation and Expansion Program was initiated in June 2008 after
the updated mineral resource estimate was received from SRK. This program is
scheduled for completion Q3 2008 and is designed to infill areas at depth within
the Resource Shell and potentially expand the Resource Shell. In July, a third
deep drilling rig was added to aid in the timely completion of these holes (3Q
2008);


-- The program consists of 14 diamond drill holes over approximately 10,000
meters, of which seven diamond drill holes (4,230 meters) have been, or are near
completion;


-- Preliminary results indicate that the copper mineralization continues beyond
the current resource grade block model especially at depth.


- July 29, 2008, Orex Minerals Inc. advised the Company that it has decided to
terminate the Las Sorpresas property option agreement due to a recent review of
its exploration property portfolio. As a result, 100% ownership of the Las
Sorpresas property will revert to Candente; and


- August 7, 2008 announced the hiring of Sean Waller as Vice President of
Development to lead the Canariaco Norte feasibility and the addition of Mark
Katsumata as Chief Financial Officer.


Sections, diagrams and complete results are available on Candente's website.
Sampling and analytical procedures conform to National Instrument 43-101
standards. Details of these analytical procedures can be found in the technical
report dated July 11, located on the company website at
http://www.candente.com/s/PeruProjects_Canariaco.asp.


Robert van Egmond, P.Geo., Manager Geology Canariaco, is a Qualified Person as
defined by NI 43-101 for the Canariaco Norte project discussed above and has
reviewed and approved the contents of this release.


About Candente Resource Corp.

Candente is a diversified exploration company with copper, gold, silver, and
zinc projects in Peru and Mexico. The Canariaco Norte property, a copper deposit
located in Northern Peru, is currently in advanced resource definition and
Preliminary Economic Assessment stage. Candente's directors and management have
a track record in the discovery and development of copper, gold and silver
deposits and subscribe to principles which ensure that exploration and
development activities are beneficial to the local communities.


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.


NR248

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