Cadan's Bacterial Heap Leach Test Work Returns High Copper-Gold Recoveries

CADAN RESOURCES CORPORATION (TSX VENTURE:CNF) (the "Company") is pleased to
release initial results of its Bacterial Heap leach test work on two
representative samples of mineralized material from drill core and from channel
samples from mining benches of the existing open pit at its Tagpura porphyry
copper-gold project, located in East Mindanao, Philippines.


Amenability test work was undertaken by Pacific Ore (Australia) Pty Ltd, a
subsidiary of Pacific Ore Limited (a publicly listed company in Australia:
www.pacificore.com.au.) using its proprietary technology "BioHeap(TM)".




After 47 days, based on residue assays the results were:

------------------------------------------------------------------
Mineralized Material     Head Grade     Head Grade     Head Grade
------------------------------------------------------------------
                            Au (ppm)         Cu (%)         Fe (%)
------------------------------------------------------------------
Porphyry Bench 2               0.11           0.42           6.04
------------------------------------------------------------------
Porphyry Skarn                 0.66           1.96          19.20
------------------------------------------------------------------

Recovery:

--------------------------------------------------------------------------
Mineralized Material     Recovery Au %     Recovery Cu %     Recovery Fe %
--------------------------------------------------------------------------
Porphyry Bench 2                  90.0              97.4             27.30
--------------------------------------------------------------------------
Porphyry Skarn                    93.7              85.5              14.3
--------------------------------------------------------------------------



Significantly, these results indicate that the BioHeap(TM) leaching technology
is suitable for the Tagpura porphyry copper-gold and porphyry skarn mineralized
material.


Brett Taylor, President and CEO, said: "The high copper recoveries from this
initial leach test work are regarded as "excellent" by Pacific Ore. Internal
scoping studies are underway for a proposed on-site bacterial heap leach
operation of up to two million tonnes per annum ("2Mt pa").


This approach offers the potential of early production and early cash flow with
additional benefits being: lower capital costs; lower operating costs; enhanced
global long-term competitiveness in copper-gold production and supply; limited
environmental footprint; technology transfer; and improved skill training for
professional, technical and non-technical people.


About The Tagpura Porphyry Copper-Gold Projects

At its Comval porphyry copper-gold prospects, the Tagpura porphyry copper-gold
deposit has a "conceptual or order of magnitude" potential tonnage of some 1
billion tonnes to 1.7 billion tonnes with a potential grade range from 0.30%
copper and 0.17 gpt gold to 0.7% copper and 0.31 gpt gold. The deposit outlined
above remains strictly an exploration target in accordance with guidelines set
out in NI 43-101, and the potential quantity and grade is strictly conceptual in
nature. There has been insufficient exploration to date to define a mineral
resource at this stage, and it is uncertain if future exploration will result in
the delineation of a mineral resource.


About The Tagpura Porphyry Skarn

Drilling to date at the Tagpura porphyry skarn copper-gold zone has indicated a
"conceptual or order of magnitude" potential tonnage range of some 10 million
tonnes to 15 million tonnes, with a potential grade range from 0.50% copper and
0.20 g/t gold to 0.70% copper and 0.31 g/t gold. (see News Release dated Tuesday
August 5, 2008.) The target outlined above remains strictly an exploration
target in accordance with guidelines set out in NI 43-101, and the potential
quantity and grade is strictly conceptual in nature. There has been insufficient
exploration to date to define a mineral resource at this stage, and it is
uncertain if future exploration will result in the discovery of a mineral
resource.


Cadan also stated that it was pleased with these results at the Tagpura porphyry
skarn as it demonstrated an additional style of mineralization that may be
particularly suitable for "bacterial heap leaching" and early positive cash
flow. The above results from the amenability tests suggest that the porphyry
skarn material for copper-gold recovery by heap leaching. The Company is
reviewing the applicability of such a bacterial heap leach operation for the
prospect, with a start up capacity of two million tonnes per annum. A mine life
of five to seven or more years is envisaged, although additional exploration is
required to delineate a resource.


The porphyry skarn high grade target is located within an existing open pit.
This enables the "box cut" mining method to be considered the most appropriate
approach, particularly as there is no overburden to remove, and thus, mining
costs should be optimized (see News Release dated Tuesday August 5, 2008).


INFORMATION PURPOSES ONLY

PACIFIC ORE LIMITED - "BIOHEAP(TM)"

Pacific Ore is developing and commercializing the innovative BioHeap(TM)
leaching process.


The use of bacteria for leaching metals is becoming an increasingly important
alternative to conventional extraction processes for the mining industry.


Pacific Ore Limited has developed and patented a bacterial leach process for the
extraction of base metals from sulphide ores stacked in pre-prepared heaps. This
process is known as the BioHeap(TM) process and it involves the innovative
combination of bacterial leaching and heaps for base metal extraction.


Pacific Ore's highly experienced technical and management team have been
involved in the development of BioHeap(TM) for over 10 years.


Large scale trials, with both poly-metallic ores and ore types with a
predominant metal, have demonstrated that high recoveries of nickel, copper, and
cobalt can be achieved using Pacific Ore's proprietary bacteria and patented
processes. 


Pacific Ore's proprietary bacteria also have the potential to be applicable to
refractory gold ores.


Pacific Ore's BioHeap(TM) technology offers the mining industry worldwide an
opportunity to achieve a step change in capital and operating costs associated
with the extraction of base metals from sulphide mineralization.


In addition to significantly lowering costs, the BioHeap(TM) process has a
number of other advantages when compared with alternative processes, ie: reduced
environmental impact, simple to operate, well suited to remote locations and
produces high value products 


Qualified Person and Quality Control and Assurance

Technical aspects of this news release were prepared and verified by William
Donald Goode, a member of the AusIMM and Technical Director of Cadan Resources.
He is the qualified person as required by National Instrument 43-101, and is the
technical person responsible for this news release. The qualified person has
verified the data disclosed in this news release.


For further information relating to the historical resource of the Comval
Project, readers are referred to Technical Report, specifically "Deposit Types
Comprising the Sabena Project page 9, that is published and available on
www.sedar.com - news release dated February 12, 2003. It is the opinion of the
qualified person that all information in the report, as it relates to the
Tagpura, Ma-angob and Kalamatan belt, is current.


On behalf of the board of directors,

Brett Taylor, President & CEO

This press release contains forward-looking information within the meaning of
Canadian securities laws. Such information includes, without limitation,
information regarding the timing of future activities by the Company, future
anticipated exploration program results, the discovery and delineation of
mineral deposits/resources, business and financing plans, potential mining
scenarios, the success of mineral processing procedure and, business trends and
future operating costs. Although the Company believes that such information is
reasonable, it can give no assurance that such expectations will prove to be
correct. Forward-looking information is typically identified by words such as:
believe, expect, anticipate, intend, estimate, postulate and similar
expressions, or are those, which, by their nature, refer to future events. The
Company cautions investors that any forward-looking information provided by the
Company are not guarantees of future results or performance, and that actual
results may differ materially from those in forward looking information as a
result of various factors, including, but not limited to, the state of the
market for gold or other minerals that may be produced generally, recent market
volatility, variations in the nature, quality and quantity of any mineral
deposits that may be located, the Company's ability to obtain any necessary
permits, consents or authorizations required for its activities, to raise the
necessary capital or to be fully able to implement its business strategies and
other risks associated with the exploration and development of mineral
properties. The reader is referred to the Company's most recent annual and
interim Management's Discussion and Analysis for a more complete discussion of
such risk factors and their potential effects, copies of which may be accessed
through the Company's page on SEDAR at www.sedar.com.