VANCOUVER, Sept. 10 /CNW/ - Chapleau Resources Ltd. (CHI: TSX-V) has received gold assay results for the remaining 3 of the 13 diamond drill holes (DDh's) drilled at the Cajueiro gold project. The 3 holes were drilled on a gold soil anomaly approximately 400 m north and northeast of DDH3 which reported 3.37 g/t gold over 2.1 m (53.2 to 55.3 m) and DDH7 which reported 1.68 g/t gold over 4.0 m (95.5 to 99.5 m). Two of the 3 holes confirmed narrow zones (0.5 m) of gold mineralization with the best intersection being in DDH13 with the interval from 70.0 to 70.5m (0.5 m) returning 2.82 g/t gold (see website for location map - www.chapleauresources.com and Table 1 attached with summary of assay results for the 13 holes).
As previously reported (see press release of June 26, 2007) the Phase 1 drill program of 13 holes (1,237.65 m) targeted known artisanal gold workings, gold soil anomalies and interpreted shear zones within the Colider volcanic suite of rhyolites, rhyolite porphyries, volcanic breccias and microgranites.
Drill holes were inclined at 50 degrees with a maximum of 128 m core length. Core recovery for the mineralized intervals averaged greater than 95.0%. The estimated true widths of all the mineralized intervals are approximately 90.0% of the intersected widths in the holes. Principal sulphide mineralization includes fine and coarse grained pyrite between 0.5% and 15.0%, minor arsenopyrite and chalcopyrite.
Drill cores for assaying were taken at a minimum of 0.5 m and maximum of 2.0 m intervals. All core samples (HQ diameter) were cut with a diamond saw and one-half of the core placed in bags, numbered and sealed then sent via a secure transport agency to the Company's main office in Cuiaba in Brazil for shipping directly to the SGS Geosol laboratory in Belo Horizonte. The core samples were then crushed down to 2 mm, a split of 250 to 300 g was taken and pulverized to better than 95% minus 150 mesh. Gold analysis was by fire assay of a 30 g sample and an atomic absorption finish. Silver and additional thirty-two elements using aqua regia acid digestion were analyzed by Inductively Coupled Plasma (ICP). As part of the Company's QA/QC program duplicates, blanks and internationally recognized standards were included in the sample batches to check on assay precision and accuracy. SGS Geosol which is an ISO 9001:2000 and ISO 14001: 2004 registered laboratory also has a quality control program in place which includes standards and duplicates.
Table 1 - Summary of Drill Hole Results can be found directly on the press release by clicking this link.
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 RESOURCES LTD.
"Eric Wiltzen"
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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 technical information regarding this press release, kindly contact Ian Gendall at (604) 669-8511
