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CAO Cadiscor Resources Com Npv

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Share Name Share Symbol Market Type
Cadiscor Resources Com Npv TSXV:CAO TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Cadiscor Acquires the Dormex Property From IAMGOLD

04/11/2008 12:30pm

Marketwired Canada


Cadiscor Resources Inc. ("Cadiscor") (TSX VENTURE:CAO)(FRANKFURT:DQN) is pleased
to announce that is has acquired a 100% interest in the Dormex property from a
subsidiary of IAMGOLD Corporation. The property surrounds the Sleeping Giant
Mine and consists of 127 claims covering an area of 6,101 hectares.


In exchange for the property, Cadiscor has granted a 1% NSR royalty on future
gold or silver production from the property and a 1.5% NSR royalty in the case
of a base metal deposit, provided such deposit contains more than 5 million
tonnes of measured and indicated resources as shown in a 43-101 report.


The Dormex property is located in the same geological context as the Sleeping
Giant Mine. A number of till gold anomalies similar to the Sleeping Giant Mine
till anomaly have been identified on the property; the Sleeping Giant Mine till
anomaly is recognized as one of the highest ever identified in Canada. Previous
drilling on the Dormex property has not yet located the source of the anomalies.
Cadiscor will review previous work results in light of the Sleeping Giant Mine
geological information and will continue exploring the Dormex property. The
presence of the Sleeping Giant Mill would enhance the economic feasibility of
any discovery on Dormex.


Mr. Vincent Jourdain, P.Eng., Ph.D, Vice President Exploration of Cadiscor, is
the qualified person as defined by 43-101 Regulation and has over 20 years of
experience in mineral exploration. Mr. Jourdain has approved the content of this
press release.


Forward-Looking Statements

This press release contains forward-looking statements subject to certain risks
and uncertainties. There can be no assurance that these statements will prove to
be correct, and actual results and future events could differ materially from
those implied by such statements. These risks and uncertainties are discussed in
the annual report filed with the securities commissions of Alberta, British
Columbia and Quebec, and in the 10-KSB annual report filed with the US
Securities and Exchange Commission.


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