Candorado

Candorado is a British Columbia based mineral exploration company with a large land position within the Quesnel Trough, home to some of Canada's biggest copper-gold porphyry deposits.

Among its active exploration projects are the Man-Prime copper-gold porphyry project near Princeton, British Columbia, and the Summer and Timothy Lake copper-gold projects south of GWR Resources' Lac La Hache copper-gold project.

Candorado also has a large land position adjacent to the Fjordland Exploration's and Cariboo Rose Resources' Woodjam property east of Williams Lake that is now under option by Gold Fields. Candorado has completed a reconnaissance IP survey in this area and a report by Peter E. Walcott & Associates states that the survey found a large zone of complex IP response (anomalous chargeability readings) trending across the grid. In addition, magnetic anomalies appear to be related to the IP anomalies. Further IP and magnetic survey work is necessary to properly delineate the anomaly or anomalies, in advance of drilling. The exploration targets are similar to alkali copper-gold porphyry Takom, Megabuck and Deerhorn Zones on the adjacent Woodjam property to the north, which are well delineated by IP and magnetic surveys.

Furthermore it is the intention of the Company to continue exploration work on its land position bordering Imperial Metals' Red Chris property. Candorado's Eldorado property was acquired in 2004, years before the staking rush and sits in a geologically favourable area.

ON BEHALF OF THE BOARD OF DIRECTORS
OF CANDORADO OPERATING COMPANY LTD.

Kirk Reed, President and CEO

For Further Information Please Contact:
Candorado Operating Company Ltd.
Tel: (250) 768-7767
Fax: (250) 768-0020
www.candorado.com