DNT Candente Copper Corp

Candente Resource Corp. (TSX:DNT)(BVLAC:DNT)(WKN:GW4) ("Candente" or the
"Company") announces financial results for the quarter ended June 30, 2009
("Q2-2009"). All amounts in this release are in U.S. dollars unless otherwise
stated.


The Company posted net earnings of $179,883 or $nil per share in Q2-2009,
compared to a net loss of $1,114,984 or $0.02 per share in the three months
ended June 30, 2008 ("Q2-2008"). Earnings posted by the Company in Q2-2009
follow a foreign exchange gain of $450,014 in the quarter, of both a realized
and unrealized nature, due to fluctuations of the Canadian dollar and the
Peruvian nuevo sol with respect to the U.S. dollar during the quarter, and are
not indicative of projected future results. On a year-to-date basis the Company
posted a loss of $215,611 to June 30, 2009, compared to a loss of $2,164,501 in
the six months ended June 30, 2008.


The sharp reduction in net loss between the comparative three and six month
periods follows variations in foreign exchange gains or losses, lower
stock-based compensation expense and reduced general and administrative expenses
due to the implementation of cost savings initiatives by management in response
to the global economic crisis and the sharing of certain overhead costs with
Candente Gold Corp. ("Candente Gold") as of May 2009.


The Company's major general and administrative expenses in Q2-2009 were salaries
and management fees of $57,709, audit and accounting fees of $46,552 and
stock-based compensation of $46,129.


Mineral property expenditures were $572,568 in Q2-2009 and a reduction in
carrying value of $1,091,694 in connection with the transfer of the El Oro
property to Candente Gold. At June 30, 2009, and since inception, the Company's
mineral properties' expenditures now total $40,583,370.


At June 30, 2009, the Company had 81 million common shares outstanding plus 6.8
million stock options and 4.4 million share purchase warrants, for a
fully-diluted total of 92.1 million common shares.


At June 30, 2009, the Company had cash and cash equivalents of $1,624,682 and
working capital of $618,573.


Candente Management is very pleased to see the continuation of the strengthening
in the price of copper and plans to resume studies on the Canariaco Norte
project. The initial work plan will focus on resumption of metallurgical studies
and a re-evaluation of the economics of the Canariaco Norte project. Factors
which are expected to benefit the project economics include: 1) decreased mine
and process equipment capital costs; 2) reduced capital construction costs and
shortening of the project construction schedule; 3) lower concentrate transport
costs due to plans for a new port to be built at Eten, which is much closer to
the Canariaco project than the port identified in the Preliminary Economic
Assessment ("PEA") and, 4) new tax incentives in Peru which may provide tax
credits for qualifying infrastructure development.


Management is also evaluating strategies for financing ongoing requirements
including the program described above which is estimated to cost less than
$400,000. Looking ahead, Management plans to resume work towards completion of
prefeasibility and definitive feasibility studies for the Canariaco Norte
project.


In addition, the Company plans to resume exploration of the Canariaco Sur copper
porphyry discovery announced last fall (see Candente news release October 2,
2008) and the Quebrada Verde copper porphyry target. Canariaco Sur and Quebrada
Verde are located within 4 kilometres of the Canariaco Norte deposit and the
discovery of additional deposits would have the potential to significantly
enhance the overall Canariaco project economics through use of common mine and
process infrastructure.


For a detailed analysis of the financial results presented above, refer to the
June 30, 2009 Unaudited Consolidated Financial Statements and Management's
Discussion and Analysis available on the Company's website at www.candente.com
and at www.sedar.com.


About Candente Resource Corp.

Candente is a diversified exploration and development company with copper, gold,
silver, and zinc projects in Peru and Mexico. Candente's Management Team and
Board of Directors are senior mining industry executives with a track record in
the discovery and development of copper, gold and silver deposits. Candente
subscribes to principles, which ensure that exploration and development
activities are consistent with best practice and 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.

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