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Cadiscor Drilling Extends Discovery and Flordin Gold Deposits at Depth



Cadiscor Drilling Extends Discovery and Flordin Gold Deposits at Depth

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Cadiscor Resources Inc.
TSX VENTURE:CAO
FRANKFURT:DQN
  
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April 15, 2008
Cadiscor Drilling Extends Discovery and Flordin Gold Deposits at Depth
MONTREAL, QUEBEC--(Marketwire - April 15, 2008) - Cadiscor Resources Inc.

("Cadiscor")(TSX VENTURE:CAO)(FRANKFURT:DQN) is pleased to announce the latest drill results from its 100%-owned Discovery and Flordin properties:

Discovery Property, East Zone

Hole B-08-160A was drilled in January 2008 to test the depth extension of the East Zone, 200 meters below Hole B-06-123, which intersected 13.11 g/t Au over 5.4 meters at a depth of 600 meters, as reported in a press release dated February 19, 2007.

Hole B-08-160A intersected 21.85 g/t Au over 1.0 meter at a depth of about 800 meters below surface.

This typical Discovery-type mineralization confirms the extension at depth of the East Zone.

Discovery Property, 1200E Sector

Based on the excellent results of the 2007-08 drilling program on the 1200E Sector,Cadiscor has asked InnovExplo Inc.

of Val-dOr to update the May 2007 NI 43-101 resource estimate for the Discovery gold deposit.

The updated estimate will include the 1200E Sector, for which resources have not yet been calculated, as well as the new drill results from the East Zone.

The following table presents some of the 2007 drill results for the 1200E Sector.


---------------------------------
Discovery Property 1200E Sector
---------------------------------
Hole # Core length Au
(m) (g/t)
---------------------------------
B-07-150A 2.97 14.10
---------------------------------
B-07-152 6.90 5.15
---------------------------------
B-07-154B 0.50 9.18
---------------------------------
B-07-157 2.00 7.71
---------------------------------
 
Flordin Property

Cadiscor drilled its first four holes totalling 1,500 meters to test the Flordin deposit extensions between December 2007 and February 2008.

The Flordin deposit contains historical mineral resources of 815,000 tonnes at a grade of 5.1 g/t Au.

A qualified person has not done sufficient work to classify this historical estimate as current mineral resources under the NI 43-101.

Cadiscor does not rely on this historical estimate.

In 1988, a 203-meter ramp was excavated down to a depth of 50 meters to access the gold zones and extract a 4,053 t bulk sample grading 4.71 g/t Au.

The deposit consists of four principal mineralized zones (B, D, E and S1/S2).

To date, one drill hole has tested the extension of the zones at depths of greater than 200 meters.

Cadiscors drill results are shown below.

Zone B was intersected in each of the four holes at its projected position in space, which indicates excellent continuity to a depth of about 470 meters below surface.


-----------------------------------------
Flordin Property
-----------------------------------------
Hole # Core length Au Zone
(m) (g/t)
---------------------------------------
FD07-01A 2.05 4.18 Zone E
---------------------------------------
FD07-01A 0.52 2.73 Zone B
---------------------------------------
FD07-01A 0.85 10.05 Zone S1/S2
---------------------------------------
FD07-02 3.00 2.52 Zone E
---------------------------------------
FD07-02 0.75 6.69 Zone D
---------------------------------------
FD07-02 1.15 14.51 Zone B
---------------------------------------
FD08-03 1.30 4.64 Zone B
---------------------------------------
FD08-04 1.00 2.91 Zone B
---------------------------------------
FD08-04 0.75 3.41 Zone S1/S2
---------------------------------------
 
The four holes intersected several mineralized zones, confirming the lateral and depth extensions and the excellent exploration potential of the property.

The Flordin deposit remains open laterally and to a depth of 470 meters.

The true width of the mineralized intervals has not yet been determined.

Sampled core was sawed in half, with one half sent to ALS-Chemex-Chimitec of Val-dOr (Quebec) and the other half kept for future reference.

A strict QA/QC program is followed that includes mineralized standards, blanks and field duplicates.

Mr.Vincent Jourdain, P.

Eng., Ph.

D., is the qualified person as defined by National Instrument 43-101.

He has over 20 years of experience in mining exploration.

Mr.

Vincent Jourdain prepared this press release.

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, Ontario and Quebec, and in the 10-KSB annual report filed with the US Securities and Exchange Commission.

The Company does not undertake to publicly revise or update any such statements on the basis of new Information, future events or any other event.


THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Cadiscor Resources Inc.
Michel Bouchard
President
450-641-0775


or

Cadiscor Resources Inc.
Linda Plante
Investor Relations
866-774-7722

www.cadiscor.com

 

INDUSTRY: Manufacturing and Production - Mining and Metals

 

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