Developing The Highly Acclaimed Coringa Property in Brazil
High Grade Gold Of 28.80 g/t Au, with 95.50 g/t Ag, 3.51% Pb and 0.66% Zn Intersected over 1.0 m at Coringa
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Message: 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

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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

posted on Oct 11, 07 09:21AM

VANCOUVER, Oct. 11 - 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 RESOURCES 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 technical information regarding this press release, kindly contact Ian Gendall at (604) 669-8511

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Executive Address

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Ian Gendall
President & Director
February 25, 2008

The following broadcast is an Executive Address conducted with Chapleau Resources President & Director, Mr. Ian Gendall

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