IP Survey Confirms the Strike and Depth Extension of the Gold-Silver + Base Metal Structures at Coringa, Brazil - Phase 2 Drilling of 5000 m to Commence



    Trading Symbol: CHI:  TSX-V

    VANCOUVER, Oct. 11 /CNW/ - Chapleau Resources Ltd. (CHI: TSX-V) has
completed a 34 line-km Induced Polarization (IP) - dipole-dipole geophysical
survey over the northwestern part of the known gold-silver and base metal
mineralized structures at Coringa. See website www.chapleauresources.com for
maps. A well developed chargeability anomaly is associated with the
Galena-Vessa-Boca-Juara mineralized structure extending over 1.4 km and is
open to the northwest and southeast. The IP survey also confirmed the
extension of the Serra structure over 800 m and open to the southeast of Hole
19. The chargeability anomaly associated with the mineralized structures is
confirmed to depths of 137 m.
    The Phase 2 diamond drill program of 5,000 m has commenced on the 1.4 km
Galena-Vessa-Boca-Jaura mineralized structure and the 800 m Serra mineralized
structure. This phase of drilling is being done with two drill rigs.
    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 at (604) 669-8511

Organization Profile

CHAPLEAU RESOURCES LTD.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890