Cadan Granted Environmental Compliance Certificate for Ongoing Development of Its T'Boli Gold-Silver Mine

CADAN RESOURCES CORPORATION (TSX VENTURE:CXD)(FRANKFURT:A0MZ25) ("Cadan" or the
"Company") announced today that an Environmental Compliance Certificate ("ECC")
has been granted for the ongoing mine development of its T'Boli gold-silver
mine.


ECC, No 12-1006-0092, dated June 24, 2010, permits up to 140,000 tonnes per
annum. This is more than sufficient for the currently projected phases of mining
operations.


The ECC also gives environmental clearance for a processing plant to be
constructed closer to the portal in a later development phase.


Cadan President and CEO Brett Taylor said: "We are delighted with this approval
as it accelerates our progress towards full-scale production. Environmental
permitting is a critical component of mining today. Reaching this important
milestone not only expedites our mine development program, it also releases
resources to continue with the exploration and development phase of our highly
prospective land package. I congratulate our Philippine management and technical
groups on this achievement."


This latest ECC approval continues the process towards full development of the
T'Boli gold-silver mine. It follows the May 11, 2010 release of an updated NI
43-101 compliant Technical Report on its T'Boli gold-silver mining and
development operation that has upgraded the historic inferred mineral resource
to both Indicated and Inferred categories, for gold only, and outlined the
potentially significant, additional gold-silver mineralization.


Highlights of the updated NI 43-101 compliant resource (see CXD press release
May 11, 2010 for further details):




--  56% increase in gold grade
--  Indicated Category: 886,000t @ 8.6 g/t gold
--  Inferred Category: 434,000t @ 8.6 g/t gold
--  Regional "conceptual and order of magnitude" potential for many
    multiples of the defined resource



The report recommends further underground development work to access additional
mineralized targets to expand the resource, as well as further bulk sampling and
trial milling.


On behalf of the board of directors,

Brett Taylor, President / CEO

Cadan Resources Corporation is a gold-silver-copper company with a high quality
portfolio of mineral assets, located in the Philippine Island of Mindanao, long
recognized as one of the country's most mineralized areas.


Forward Looking Statements

This news release may contain forward-looking statements. 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. Particular risks applicable to this
press release include risks associated with planned production, including the
ability of the Company to achieve its targeted production outline due to
regulatory, technical or economic factors. In addition, there are risks
associated with estimates of resources, and there is no guarantee that a
resource will have demonstrated economic viability as necessary to be classified
as a reserve. There is no guarantee that additional exploration work will result
in significant increases to resource estimates. 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 www.cadanresources.com or the Company's
page on SEDAR at http://www.sedar.com.