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


Candente incurred mineral properties expenditures totalling $12.5 million during
the nine month period, of which $11.6 million was directed to the Canariaco
property. Cumulative mineral property expenditures to September 30, 2008
totalled $35.5 million of which Canariaco expenditures totalled $28.7 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.


The Company's net loss for the 2008 Period totalled $3.4 million, or $0.05 per
share, compared to $1.7 million, or $0.03 per share, for the same period in
2007. At September 30, 2008, the Company had $7.6 million in cash and cash
equivalents and working capital of $4.8 million.


Given the financial uncertainty caused by the global economic crisis affecting
both commodity prices and liquidity in capital markets, the Company has decided
to curtail all exploration activities to preserve capital. The Company has also
significantly reduced staff in Peru and in Canada and is taking steps to
minimize operating costs.


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.


Candente holds a diverse portfolio of copper, gold, silver, and zinc exploration
projects in Peru and Mexico. The Canariaco Norte property, located in Northern
Peru, is the most advanced project with a mineral resource estimated (using a
0.3% copper cut-off grade) to contain 6.47 billion pounds copper, 1.43 million
ounces gold and 36.5 million ounces silver in the Measured and Indicated
categories. An additional 1.21 billion pounds copper, 0.25 million ounces gold
and 6.77 million ounces silver are contained in the Inferred category (See News
Release dated September 18th, 2008). Engineering studies including Environmental
Impact Assessment and metallurgical testing have been underway on Canariaco
Norte since 2007 and are nearing completion. Resource drilling was completed in
September 2008.


Technical details can be found on the company website and in the technical
report dated July 11, 2008. See
http://www.candente.com/s/PeruProjects_Canariaco.asp.


Joanne Freeze, P.Geo., President and CEO, Michael Casselman, P.Geo., Director,
Sean Waller, P.Eng., VP Development and Robert van Egmond, P.Geo., Manager
Geology Canariaco, are the qualified persons responsible for the Canariaco Norte
project discussed above and have reviewed and approved the contents of this
release.


About Candente Resource Corp.

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.


Visit our website at www.candente.com.

NR252

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