CPQ Canplats Resources Corp Com Npv

Canplats Resources Corporation (TSX VENTURE:CPQ) is pleased to announce the
results of a further four diamond drill holes completed in the Represa Zone of
the Camino Rojo project in the State of Zacatecas, Mexico.


Diamond drill hole CRD-12, collared 70 meters to the southeast of previously
announced drill hole CR-59, intersected strong sulphide mineralization to
significant depths along the southwestern extension of the Represa Zone. This
hole returned 292.00 meters averaging 1.16 grams gold per tonne, 11.65 grams
silver per tonne, 0.07% lead, and 0.40% zinc including 93.00 meters averaging
2.05 grams gold per tonne, 20.57 grams silver per tonne, 0.13% lead, and 0.84%
zinc. These intersections extend well below the previously-reported higher-grade
intersections in reverse circulation drill holes CR-56, CR-57 and CR-59. Other
diamond drill holes have confirmed continuity and extended the Represa Zone
mineralization to depth.


Drill results are summarized in the following table:



-------------------------------------------------------------------------
Hole       From        To  Interval(i)     Gold    Silver    Lead    Zinc
No.     (meters)  (meters)    (meters) (g/tonne) (g/tonne)     (%)     (%)
-------------------------------------------------------------------------
CRD-10     3.05    469.75      466.70      0.82     18.19    0.25    0.56
-------------------------------------------------------------------------
 incl.     3.05    196.00      192.95      0.95     28.15    0.38    0.60
-------------------------------------------------------------------------
CRD-11    12.00    420.00      408.00      0.63     13.51    0.17    0.51
-------------------------------------------------------------------------
 incl.   118.00    230.00      112.00      1.49     24.27    0.22    0.80
-------------------------------------------------------------------------
CRD-12   138.00    165.50       27.50      2.24     16.85    0.17    0.17
-------------------------------------------------------------------------
         274.00    566.00      292.00      1.16     11.65    0.07    0.40
-------------------------------------------------------------------------
 incl.   326.00    419.00       93.00      2.05     20.57    0.13    0.84
-------------------------------------------------------------------------
CRD-13    78.00    580.40      502.40      0.46      8.68    0.13    0.33
-------------------------------------------------------------------------
 incl.   277.20    344.80       67.60      0.67     15.87    0.34    0.61
-------------------------------------------------------------------------
(i) True width to be determined.



The Company has commenced a program of reconnaissance-style tensor IP
geophysical surveys to the southwest and southeast of the Represa-Don Julio
Zones. This program will be expanded to areas of favourable alteration
associated with at least three regional magnetic features that may represent
covered intrusive centers. One of these areas, known as "Camino Rojo Dos", is
situated 20 kms to the west-southwest of the Represa Zone and was discovered
through similar surface prospecting methods to the Camino Rojo discovery. In
both cases, red hematitic crushed rock was being used as local road fill and
traced back to nearby bedrock sources. Initial sampling of limited rock
exposures at "Camino Rojo Dos" has returned low gold values; however, the
alteration and structural setting suggests that it may be situated in close
proximity to a sizeable mineral system.


The Company has also recently acquired additional concessions to the immediate
west and southwest of the Camino Rojo property, expanding the total project size
to 340,000 hectares (more than 1,300 square miles).


Four drills continue to delineate and test for extensions of the Represa Zone
mineralization along strike and to depth. Drilling is currently following up
recently-announced extensions of the Represa Zone mineralization to the
west-southwest and east-northeast. In addition, diamond drilling has commenced
at the Don Julio Zone to test below and adjacent to favourable alteration and
trace element geochemistry encountered in shallow reverse circulation drill
holes. The Company is planning on replacing one reverse circulation drill rig
with an additional diamond drill when it becomes available.


The Camino Rojo property is 100% owned by Canplats and located in an area of
excellent infrastructure, 50 kilometers to the southeast of Goldcorp's
Penasquito mine. Maps of the drill program and reconnaissance targets on the
Camino Rojo property will be available at the Canplats web site,
www.canplats.com.


All work is being supervised by Ken McNaughton, vice-president, exploration, and
a qualified person as defined by Canada's National Instrument 43-101 responsible
for the Camino Rojo exploration program and has verified the data in the table
above. All samples were submitted for preparation in Guadalajara, Mexico and
analysis at its facilities in Vancouver, B.C. by ALS Chemex. All samples were
analyzed using aqua regia digestion with ICP finish. All gold samples were fire
assayed with an AA finish and all samples over 10 ppm gold were re-assayed using
a fire assay with a gravimetric finish. Samples over 100 ppm silver were
reanalyzed using four acid digestion with an ore grade AA finish. One in 20
samples was blind duplicate assayed at ALS Chemex in Vancouver, B.C.


To receive Canplats' news releases by e-mail, contact Blaine Monaghan, Director,
Investor Relations, at info@canplats.com or (866) 338-0047. Some of the
statements contained in the company's news releases may be forward-looking
statements such as the company's future plans, objectives and goals. The
statements that are not historical facts are forward-looking statements
involving known and unknown risks and uncertainties which could cause actual
results to vary considerably from these statements. The risks and uncertainties
include general and economic conditions as well as those described in Canplats'
SEC Form 20F.

Canplats Resources Corp Com Npv (TSXV:CPQ)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Canplats Resources Corp Com Npv (TSXV:CPQ)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024