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CANDORADO OPERATING CO V.CDO



TSXV:CDO - Post by User

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Post by trader4everon Jan 25, 2008 3:06pm
92 Views
Post# 14263975

CDO receives data from geophysical survey

CDO receives data from geophysical survey
Candorado Receives Preliminary Data From New Airborne GeophysicalSurvey Over the "K-CR Property" North of Kamloops, British Columbia
CANDORADO OPERATING CO CDO
1/25/2008 11:33:53 AM
KELOWNA, BRITISH COLUMBIA, Jan 25, 2008 (Marketwire via COMTEX News Network) --

Furtherto the November 20, 2007 news release, Candorado Operating Company Ltd.(the "Company") (TSX VENTURE:CDO) (FRANKFURT:HQU) (BERLIN:HQU) ispleased to announce that it has received preliminary digital data andimages derived from the new company-funded high resolutionhelicopterborne multi-sensor geophysical survey over the southern halfof the 100% owned K-CR property north of Kamloops Lake, BritishColumbia. The survey was flown in November 2007 by Fugro AirborneSurveys, and was designed to search for geophysical signatures similarto those that characterize Cu-Au porphyry deposits within the Aftoncamp, located only a few tens of kilometres to the southeast. Portionsof the K-CR property cover geological and structural features similarto the Afton camp.

An initial review of the preliminarygeophysical data indicates favourable geophysical patterns in severallocations within the K-CR property. Following review and approval ofthe digital data and processing, a detailed interpretation of thesurvey will be conducted by R. Shives of GamX Inc. These results willbe used to target specific areas for follow up during next summer'sexploration program in the area.

About Candorado

CandoradoOperating Company Ltd. is a British Columbia based junior mineralexploration Company with large mineral tenure holdings within the"Quesnel Trough", Central British Columbia. The Serb Creek molybdenumdeposit, the Pitt Island VMS property and an exploration property tothe east of Imperial Metal's (TSX.V: III) Red Chris copper/goldporphyry mine development are some of the other properties the Companyplans to actively advance during 2008. Drill programs are planned onseveral properties during spring and summer of 2008.

Explorationon the K-CR property is being conducted under the supervision of W.R.Gilmour, P.Geo, of Discovery Consultants, a "qualified person" asdefined by National Instrument 43-101

On behalf of the board of directors of CANDORADO OPERATING COMPANY LTD.

Rene Bernard, CEO

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