Trading Symbol: CHI:TSX-V
VANCOUVER, April 20 /CNW/ - Chapleau Resources Ltd. (CHI: TSX-V) is
pleased to announce that it has acquired a significant new land position in
the Cabeca Greenstone Belt in Northern Mato Grosso. The area is located some
45 km due west of the Nova Canaa Project and is accessed from the town of Nova
Canaa by a well maintained dirt road. Chapleau Exploracao Mineral Ltda.
claimed, in early 2007, four (4) contiguous mining claims totaling 39,878 ha
and covering 35 km of strike length of the belt (Cabeca Sul).
Historically the belt has been worked by artisanal miners (garimpeiros)
for both alluvial and primary gold and preliminary reconnaissance exploration
by Chapleau geologists has revealed several alluvial gold workings within the
new claim blocks, where coarse gold with nuggets was recovered.
The north-western portion of the Greenstone Belt, known locally as
Cabeca, was one of the most productive gold areas in the state of Mato Grosso
during the 1980's and 1990's and hosts a well known hard rock artisanal mine,
known as Filao do Fabio, worked for some 14 years to a vertical depth of 80 m.
Initial geological mapping shows a meta-volcano sedimentary sequence,
with phyllites, micaceous schists, amphibolites and mafic volcanics.
There is considerable quartz float throughout the area and the sequence
is an excellent environment for shear-zone style, high-grade, gold
In April 2007, Chapleau mobilized an exploration team to the area to
geologically map and carry out stream sediment and soil sampling programs
around the areas of alluvial gold workings.
This press release was prepared by Mike Bennett, Exploration Manager and
approved by Ian Gendall, Pr. Sci. Nat., a qualified person in compliance with
National Instrument 43-101.
BY ORDER OF THE BOARD OF DIRECTORS
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. This news release
may contain forward-looking statements including but not limited to comments
regarding the timing and content of upcoming work programs, geological
interpretations, receipt of property titles, potential mineral recovery
processes, etc. 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
For further information:
For further information: For technical information regarding this press
release, kindly contact Ian Gendall, VP Exploration at (604) 669-8511