Vancouver - Candente Copper Corp. (TSX: DNT, BVL: DNT) ('Candente Copper', 'Company') is pleased to advise that based on the results of the Internal Desk Top Study by Ausenco Engineering Inc., proposals are being requested from two international engineering firms to conduct an updated Preliminary Economic Assessment Study ('PEA') to evaluate the most attractive potential development strategy for the Canariaco Norte Project.

Considerations for the PEA are various initial concentrator throughputs including 40,000; 50,000 and 60,000 tonnes per day ('tpd') followed by a staged expansion of production rate.

Geometallurgical modelling of the deposit and updated smelting costs have indicated that the Outotec Roaster proposed during previous studies will not be required, and therefore it will not be contemplated in the PEA.

Tailings storage methodologies which could improve ESG practices will also be assessed in more detail as part of the PEA.

'The Internal Desk Top Study identified several opportunities with the potential to lower initial capital expenditures ('CapEx') while also enhancing our environmental, social and governance ('ESG') practices,' stated Joanne Freeze, President and CEO. 'We look forward to embarking upon an updated Preliminary Economic Assessment ('PEA') to evaluate the most attractive potential development strategy.'

On another matter, the Company has issued 50,000 shares to the owner of the Canyon Creek Copper Project located in British Columbia, Canada and recently acquired under option. We plan to conduct our initial field work on the property within a month or two.

About Candente Copper

Candente Copper is a mineral exploration company engaged in the acquisition, exploration, and development of mineral properties. The Company's most advanced project is its 100% owned Canariaco project, which includes the Canariaco Norte deposit as well as the Canariaco Sur deposit and Quebrada Verde prospect, located within the western Cordillera of the Peruvian Andes in the Department of Lambayeque in Northern Peru.

This news release may contain forward-looking statements including but not limited to comments regarding 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 Copper relies upon litigation protection for forward-looking statements.

Contact:

Tel: 604-689-1957

Email: info@candentecopper.com

Web: www.candentecopper.com

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