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|  Candente Resource Corp. is very pleased to announce that on Friday, February 24th, 2006, Candente and its two Peruvian subsidiaries, Cia. Minera Oro Candente S.A. and Exploraciones Milenio S.A were awarded the "Fijet America Corporate Excellency 2005 Golden Trophy" having been selected as the "Best of the Year for 2005" in the mining sector by the Superior International Council of Iberian Press (Consejo Superior Internacional de Prensa). The Press Council, formed in 1997, nominates companies annually from eight to twelve business sectors who contribute significantly to the development of Spanish speaking countries. The Superior Council recognizes the Candente group for the advancement of the Cañariaco property, not just as a mining project but also for its potential to be very significant to the development of the Lambayeque Department of Peru. "We have chosen Candente for their excellent work with local communities and in protecting the environment while advancing the Canariaco copper project to a tangible reality. In addition to the award for the Companies, both Ing. Fredy Huanqui, Vice President and Joanne Freeze, President were awarded Honorary Masters in Business Administration for their vision and leadership with the Companies. "While Huanqui is well known as an excellent geologist for his instrumental roles in the discoveries of both the Pierina and Quicay gold deposits, his dedication to Peru and Peruvians and his ability to communicate with people cannot be overestimated" stated Miguel Angel Delgado Escuza, Director International Affairs, Consejo Superior Internacional de Prensa. "Freeze is extremely committed with developing projects which will reap benefits both for the investors and for Peruvians especially those who live in the zones surrounding the projects and we are very grateful to have her working in Peru" commented Arturo Zavala G., National Representative of Micro and Small Companies for the Peruvian National Council of Competitiveness. Candente employs over 1,100 people on a rotational basis from 20 different communities during drilling programs. In addition to employing the locals, Candente contributes to self-sustaining social needs such as medical facilities and supplies for schools. Protection of the environment starts with monitoring water in local creeks and rivers as soon as exploration starts and replacing soil and replanting trees after every drilling program. Candente also holds meetings in the surrounding towns and villages where independent professionals explain to the community about exploration and mining activities and how they can watch for contamination problems. View News Release Award Ceremony Photos
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