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Candente Resource Corp. (TSX:DNT)(BVLAC:DNT)(WKN:GW4) ("Candente Resource") and
Candente Gold Corp. ("Candente Gold") advise that Candente Gold has
re-negotiated the terms of its Option agreement with Luismin, S.A. de C.V.,
("Luismin") a subsidiary of Goldcorp Inc. for the El Oro gold-silver property in
Mexico. Candente Gold's indirect right to earn a majority interest in the
property has been revised to relinquish Luismin's back-in right for the Historic
Mining Area, where a minimum of 8 million ounces of gold and 250 million ounces
of silver has been produced predominantly from two veins. Luismin retains the
right to back-in to a 70% interest in the outlying Exploration Area (See maps at
http://www.candente.com/i/misc/Claims-colour-background.jpg and presentation at
http://www.candente.com/i/pdf/2009-09-10-GoldPresentation.pdf).


In exchange for the back-in right in the Historic Mining Area, Candente Gold has
agreed to issue 2,000,000 shares to Luismin over 4 years, give Luismin the right
to participate in future financings, and to spend in the Exploration Area a
minimum $1.5 million of the total $10 million expenditure required to fully
exercise the option. "We are very pleased with this new structure which allows
Candente Gold to have the majority of the upside potential on the Historic
Mining Area", comments Joanne Freeze P.Geo., President and CEO. We believe that
the Historic Mining Area has the potential to host several million ounces of
gold and hundreds of millions of ounces of silver. This potential exists in both
vertical and lateral extensions to known veins as well as possible undiscovered
veins.


Most of the prior exploration and development at El Oro was conducted prior to
the mid 1900's before modern exploration techniques were invented and during
much lower prices for precious metals. To date 20 veins have been discovered in
the Historic Mining Area, many of which have no surface expression due to a
cover of younger volcanic rocks. Most of the exploration and development has
been conducted on only two of the veins. The gold and silver mineralization
extends over significant lengths and widths within the veins and also occurs in
irregular high-grade ("bonanza") zones, which pinch and swell both vertically
and laterally. The veins have only been mined over an average of 150 to 250
metres vertically and there is strong evidence that the gold and silver
mineralization continues at depth. Similar mineral systems, in other mines in
Mexico, host gold and silver ore over 600 to 900 metres vertically.


Updated Option Agreement Terms:

The following are the terms of the Modified Option Agreement by which Minera CCM
S.A. de C.V., the Mexican subsidiary of Candente Gold, may earn up to a 70%
interest in the El Oro property from Desarrollos Mineros San Luis, S.A. de C.V.
("DMSL"), a subsidiary of Luismin.


- Candente Gold may earn a 50% interest by spending US$5M and issuing 1,000,000
shares over 2 years by November 30, 2011 (approximately US$1.7M is already
spent)


- Candente Gold may earn an additional 20%, for a total of 70% by spending an
additional US$5M and issuing an additional 1,000,000 shares by November 30, 2013


- In the Historic Mining Area: DMSL has the right to: i) stay at 30% by
participating in future expenditures or ii) dilute to a 6.5% NPI


- In the Exploration Area: DMSL has the right to: i) stay at 30% by
participating in future expenditures; ii) dilute to a 6.5% NPI or iii) earn-back
40% (to hold 70%) by spending 2.5 times the amount Candente Gold spends on
exploration and development in the Exploration Area within 4 years (DMSL has 90
days to advise of a back in decision)


- Luismin has the right to participate in all financings of Candente Gold,
Candente Resource and Canaco - up to 10% or equal to current shareholdings each
of the Companies.


- Candente Resource and Canaco will also issue 125,000 shares each or the
equivalent market value in Candente Gold shares to Luismin to fulfill previous
commitments by November 30, 2009.


El Oro Exploration - Historic Mining Area

Of the 20 veins discovered to date, the Verde and San Rafael veins, were
historically the largest gold and silver producers, but the Borda and Corona
Veins to the west were also significant. Grades in Verde and San Rafael veins,
averaged 10 to 12 grams per tonne (gpt) gold and 120 to 160 gpt silver over
average widths of 3 to 10 metres. Grades of up to 50 gpt gold and 500 gpt silver
have also been reported from high grade bonanza shoots occurring sporadically
within the veins. The San Rafael vein reaches a width of 70 metres in places.


El Oro is believed to host additional bonanza zones below the old workings as a
result of repeated mineralization stages similar to those at the Guanajuato and
Fresnillo mines where multiple boiling events created "stacked" high-grade gold
and silver mineralization over vertical distances of 600 to 900 metres. This is
evidenced by fluid inclusion and petrographic studies, high grade samples from
portions of the lowest levels of the old workings and recent drilling which has
intersected high grades below the old workings. Assay data from a total of
16,000 historic samples and 7 drill holes compiled and modeled recently by a
major mining company highlights five blocks with the potential to host one
million gold equivalent ounces at historic grades and widths within just the
first 100 metres below the old workings in the San Rafael vein. Extrapolating
this potential to depth in a stacked system, as implied above, indicates the
potential for the discovery of several million ounces of gold and silver in the
San Rafael Vein alone. Testing and defining these areas will be the focus of an
immediate underground drilling program.


Placer Dome, which held the El Oro property under option in the early 2000's,
extrapolated the information above to the other known veins in the Historic
Mining Area such as Verde, Borda, Corona and lesser known veins and considered
that potential exists for veins other than San Rafael, to host an additional
five million ounces gold as well as significant silver. This potential will be
tested by underground and surface drilling and sampling.


In 1993, Luismin, estimated a non-NI-43-101 compliant historic resource of
762,000 oz gold and 9.7 million oz silver, contained in vein remnants, back-fill
and pillars lying along only 40% of the known length of the San Rafael vein.
This potential resource comprises 6.89 M tonnes grading 3.44 gpt gold & 44 gpt
silver and is part of a larger global resource reported by Luismin as 1.7 M oz
gold and 38 M oz silver remnant lying along the whole of the old San Rafael
workings. This historic resource requires verification and Candente intends to
conduct confirmatory drilling and underground sampling, starting with bulk
sampling of a higher grade portion that is estimated to contain 100,000 ounces
gold and 1,000,000 ounces silver in 738,000 tonnes grading 4.11 gpt gold and 44
gpt silver.


Mark Pryor, Pr.Sci.Nat., Independent Consultant, Sean Waller, P.Eng., Vice
President and Joanne C. Freeze, P.Geo., President and CEO, are the Qualified
Persons as defined by National Instrument 43-101 for the aspects of the project
discussed above and have reviewed and approved the contents of this release.


About Candente Gold

Candente Gold is a new company formed under a Plan of Arrangement. Candente
Gold, through its Mexican subsidiary, Minera CCM S.A., acquired the right to
earn a 70% interest in the El Oro gold-silver property in Mexico from Candente
Resource and Canaco Resource Inc. who held the option. Candente Resource has
also agreed to transfer its portfolio of gold and silver properties in Peru to
Candente Gold. The Toronto Stock Exchange ("TSX") has granted Candente Gold
conditional approval to list its common shares on the TSX subject to the
completion of a financing.


Candente Gold is conducting the financing by way of a private placement offering
which is comprised of units at a price of $0.40 per unit, each unit consisting
of one common share in the capital of Candente Gold ("Share") and one-half of
one share purchase warrant ("Warrant"). Each whole Warrant will be
non-transferable and exercisable for a period of 24 months to purchase one
additional Share at a price of $0.60 per Share.


Agents assisting with the financing will receive a cash commission equal to 6.5%
of the gross proceeds from the sale of the units they each make pursuant to the
Financing, together with broker's warrants to purchase that number of units that
is equal to 6.5% of the aggregate number of units they sell pursuant to the
financing. Each broker's warrant is exercisable for a period of 24 months to
purchase one additional Share at a price of $0.60 per Share. All Shares issued
pursuant to the financing will be subject to a four month hold period.


For complete details of the Plan of Arrangement and the Financing see Candente
Resource and Candente Gold's News Releases dated July 30, 2009, July 8, 2009 and
June 16, 2009.


About Candente Resource Corp and Candente Gold Corp.

Candente Resource and Candente Gold's Management Teams and Boards 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 whereby 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.


NR 267

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