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Canplats Resources Corp. Vancouver, TSX.V: CPQ, Canplats was originally incorporated in 1967 as Colby Mines Ltd. The company became Canplats Resources Corporation in 2000 trading on the TSX Venture in 2001.
Canplats' management team is comprised of geologists and mining engineers with extensive experience in the exploration, development, financing and operation of both underground and large-scale open pit mines.
The Camino Rojo (Red Road) Discovery - Mexico
Camino Rojo is a new gold and polymetallic discovery and the focus of Canplats' exploration efforts. The 340,000 hectare (1,300 square mile) project is wholly-owned by Canplats and is located in an area of excellent infrastructure, 50 kilometers to the southeast of Goldcorp's Penasquito mine.
“This resource estimate establishes the Represa Zone as one of the most significant new gold discoveries in recent years in the Americas” Gordon Davis, CEO
Canplats has outlined measured resources of 0.235 million ounces gold, indicated resources of 3.210 million ounces gold, and inferred resources of 0.555 million ounces gold at Camino Rojo.
As well, a total of 60.7 million ounces of silver resources have also been outlined in measured and indicated categories.
Investment Highlights
Looking forward
Camino Rojo, Represa, hosts total in-situ resources of: