Chapleau Resources Ltd. Confirms High Grade Gold Values in Rock Samples at Coringa Project in Brazil & Update of the 2000 m (15 hole) Drill Program



    Trading Symbol: CHI: TSX-V

    VANCOUVER, April 23 /CNW/ - Chapleau Resources Ltd. (CHI: TSX-V) confirms
the receipt of gold assays and geochemical results for 61 rock samples (grab
and chip) and 217 soil samples from the Coringa project in Brazil. The gold
assay results reported from the rock samples confirms significant gold
mineralization (1.0 g/t to 63.0 g/t Au) associated with 13 vein structures
within the currently mapped 42 km(2) area of known gold workings (see map on
website - www.chapleauresources.com and Table 1 below of samples with gold
values greater than 1.0 g/t Au).

    
    Table 1: Coringa Project - Grab and chip samples with greater than
    1.0 g/t gold.
    -------------------------------------------------------------------------

    Sample                           Interval  Au    Ag  Struc-
    No.       Type  Northing Easting     m    g/t   g/t   ture   Comments
    -------------------------------------------------------------------------
    R0008802  Grab  9166063  715587          1.28  21.5  Serra   Dump
                                                                 material
    -------------------------------------------------------------------------
    R0008824  Grab  9167689  713697         37.40  45.9  Galena  Mineralized
                                                                 wall rock
    -------------------------------------------------------------------------
    R0008832  Grab  9162372  717045         28.90  31.7  Come    Mineralized
                                                         Quieto  wall rock
    -------------------------------------------------------------------------
    R0008849  Grab  9167693  713717          4.85  12.1  Galena  Mineralized
                                                                 wall rock
    -------------------------------------------------------------------------
    R0008855  Grab  9165949  714512          1.22   0.6  Mai de  0.3 m sample
                                                         Leite   of quartz
                                                                 vein and
                                                                 wall rock
    -------------------------------------------------------------------------
    R0008861  Grab  9166530  715841          2.36   9.3  Pacas   Massive
                                                                 quartz vein
    -------------------------------------------------------------------------
    R0008862  Grab  9166530  715841          1.39   0.4  Pacas   Dump
                                                                 material
    -------------------------------------------------------------------------
    R0008869  Grab  9165018  717444          9.56   2.0  Abafado 30cm Vein
    -------------------------------------------------------------------------
    R0008880  Grab  9165259  714840         24.90  37.7  Escor-  Vein
                                                         pico    material
    -------------------------------------------------------------------------
    R0008883  Grab  9162143  717274         61.20  49.6  Come    High grade
                                                         Quieto  dump
                                                                 material
    -------------------------------------------------------------------------
    R0008884  Grab  9162143  717274         14.25  32.6  Come    Vein
                                                         Quieto  material
    -------------------------------------------------------------------------
    R0008889  Chip  9165348  714671   1.10   5.76   1.4  Bravo   Vein and
                                                                 wall rock
    -------------------------------------------------------------------------
    R0008890  Chip  9165348  714671   1.70  11.15   6.3  Bravo   Vein and
                                                                 wall rock
    -------------------------------------------------------------------------
    R0008895  Grab  9165399  716010         31.40  33.6  Guerr-  Quartz vein
                                                         eiro    rubble
    -------------------------------------------------------------------------
    R0008896  Grab  9165525  716636         47.80   9.6  Fome    0.3 m sample
                                                         Zero    of dump
                                                                 material
    -------------------------------------------------------------------------
    R0008897  Grab  9165525  716636          1.19   0.9  Fome    0.5 m sample
                                                         Zero    of dump
                                                                 material
    -------------------------------------------------------------------------
    R0008902  Chip  9164699  715079   1.10   2.33   1.6  Peixoto Mineralized
                                                                 vein
    -------------------------------------------------------------------------
    R0008903  Chip  9164699  715079   0.25  13.55   5.3  Peixoto Mineralized
                                                                 vein
    -------------------------------------------------------------------------
    R0008905  Grab  9164699  715079          2.65  13.5  Peixoto Wall rock
    -------------------------------------------------------------------------
    R0008907  Grab  9164699  715079         63.30  16.9  Peixoto Mineralized
                                                                 vein
                                                                 material
    -------------------------------------------------------------------------
    R0008908  Chip  9164299  715079  20.00   1.41   0.2  Guaxad- Wall rock
                                                         inha    to vein
    -------------------------------------------------------------------------
    R0008914  Chip  9165348  714671   0.50  18.30  19.4  Bravo   Vein
    -------------------------------------------------------------------------
    R0008920  Grab  9168738  716594          9.27  15.9  Pista   Quartz-
                                                                 pyrite
                                                                 sample
    -------------------------------------------------------------------------
    R0008921  Grab  9168738  716594          2.71  14.3  Pista   Quartz-
                                                                 pyrite
                                                                 stringers in
                                                                 wall rock
    -------------------------------------------------------------------------
    Note: The above twenty-four (24) rock samples represent 39% of the total
    sixty-one (61) rock samples collected in February 2007. Gold and silver
    values for the sixty-one (61) samples ranged from less than 0.005 g/t to
    63.300 g/t Au and less than 0.200 g/t to 49.600 g/t Ag.
    -------------------------------------------------------------------------
    

    Further to the above rock sampling program, 217 soil samples were
collected across the Serra vein structure. The soil samples returned anomalous
gold values in the 0.1 to 2.0 g/t Au range defining a 300 m by 100 m gold
target across known, flooded and collapsed artisanal workings within
undifferentiated volcanic rocks adjacent to a granite/granodiorite stock (see
website for map - www.chapleauresources.com). This soil anomaly, over the
historic artisanal gold workings on the Serra shear hosted-vein structure, was
the site of the first 2 drill holes of the 2000 m (15 diamond drill holes)
program which was started on March 24, 2007.
    To date, 6 diamond drill holes have been completed to a maximum down-hole
depth of 115.45 m (DDH01), (see website for map - www.chapleauresources.com).
All 6 holes have confirmed the down-dip extension from surface of the Serra,
Terso, Boca, Vessa and Galena shear hosted-vein structures which reported
surface values of up to 37.4 g/t Au and 45.9 g/t Ag (grab sample R0008824).
Results from the 6 initial drill holes will be released on receipt and
confirmation of the QA/QC.

    Note: Rock and soil sample preparation was done at the ALS Chemex
Laboratory in Belo Horizonte in Brazil. Analyses of gold were carried out by
fire assay of a 30-gram sample and an atomic absorption finish at the ALS
Chemex laboratory in Lima, Peru. Silver and additional thirty-three (33)
elements were analyzed by ICP-AES. Duplicates, blanks and standards were
included in the quality control and assurance program by ALS Chemex

    This press release was prepared by Ian Gendall, Pr. Sci. Nat., a
qualified person in compliance with National Instrument 43-101.

    BY ORDER OF THE BOARD OF DIRECTORS

    Signed:

    CHAPLEAU RE

SOURCES LTD. "Eric Wiltzen" ---------------------- Eric Wiltzen/President 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 statements.

For further information:

For further information: For technical information regarding this press
release, kindly contact Ian Gendall, VP Exploration at (604) 669-8511

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