Mr. Ivan Bebek reports

CAYDEN DRILLS 8 METERS OF 16.1 G/T GOLD AND 55 METERS OF 0.92 G/T GOLD AT ANGOSTURA

Cayden Resources Inc. has released additional drill results from Angostura, the third of nine priority targets being tested at the company's El Barqueno gold project located in Jalisco state, Mexico.

Highlights include eight metres of 16.1 grams per tonne gold, including two metres of 41.9 grams per tonne gold, in hole 91, as well as 55 metres of 0.92 gram per tonne gold and 0.3 per cent copper in hole 86.

           NEW DRILL RESULTS FROM THE 
         ANGOSTURA TARGET AT EL BARQUENO

Hole ID    From    To   Width     Au      Ag     Cu 
             (m)   (m)     (m)  (g/t)   (g/t)    (%)  
  
BDD0084      44    56      12    2.78    8.2   0.20 
BDD0085    Previously released        
BDD0086      89   144      55    0.92   12.9   0.30 
including   133   134       1   17.40   29.3   0.06 
BDD0087       5    33      28    0.90    6.2   0.21 
BDD0088    Lost hole in hangingwall fault  
BDD0089    Lost hole in hangingwall fault  
BDD0090      43   56       13    0.76   14.4   0.42 
BDD0091      37   45        8   16.14   14.5   0.21 
including    39   41        2   41.85   28.1   0.30 
including    43   45        2   21.15   15.7   0.18 

The latest results at Angostura, which is a parallel structure one kilometre northwest of the Azteca target, include a drill hole intercept with grade times width of over 100 grams per tonne metre gold. This makes Angostura the third target to deliver a plus-100-gram-per-tonne-metre intercept. Cayden is continuing to drill the Angostura structure, and there are currently six additional holes pending assays (please see Cayden's website for a drill location map and a cross-section figure).

President and chief executive officer Ivan Bebek stated: "Angostura is the third significant gold discovery at El Barqueno, where six additional targets remain to be drill tested and several outcropping mineralized areas have yet to be explored. The company anticipates receiving additional drill permits in the near future that will open up all of the targets drilled to date for expansion both along strike and at depth. The El Barqueno concessions continue to support the potential discovery of a world-class gold district."

Qualified person

David Hladky, PGeo, is the qualified person with respect to National Instrument 43-101 at El Barqueno. All drill core from this release is drilled at PQ3 or HQ3 diameter and is sawn or split into equal halves on site. All samples are assayed using standard 30-gram fire assay with atomic-absorption finish by Acme Labs in Vancouver, Canada. Quality assurance/quality control programs using internal standard samples, field and lab duplicates, reassays and blanks indicate good accuracy and precision in a large majority of standards assayed. As the mapped mineralized corridors strike east-west to east-northeast, the drill holes were designed to have azimuths perpendicular or as close to perpendicular to the strike as the permitted pads would allow. As this is the first drill program by Cayden at Angostura, the dips of the main structure are not entirely known, but are believed to dip steeply to moderately to the south, based on mapping and historical work, and, thus, the intercepts are estimated to represent 30 per cent to 90 per cent of the true width. Intercepts were calculated assuming a bulk-mining scenario. No intercepts were reported that averaged less than 0.5 gram per tonne gold and/or 0.2 per cent copper, and no intercepts have more than six consecutive metres of less than 0.2 gram per tonne gold and/or 0.2 per cent copper, or begin or end with values less than 0.2 gram per tonne gold and/or 0.2 per cent copper.