Canplats Resources Corporation: New Target Areas Identified and Ground Acquired At Camino Rojo

Thursday May 28, 2009, 2:27 pm EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 28, 2009) - Canplats Resources Corporation (TSX VENTURE:CPQ - OTC:CPQRF) is pleased to provide an update on recent activities at its 100% owned Camino Rojo project located in the State of Zacatecas, Mexico.

Reconnaissance Exploration Program

On-going reconnaissance geological and geochemical exploration at the Camino Rojo project has successfully identified several new prospective areas (please see the location map at www.canplats.com). At the "Cerro Verde" target area, extensive replacement and structurally controlled jasperoid zones have been identified in an area measuring 7 kilometers by 13 kilometers. Initial rock and stream sediment sampling has returned highly-elevated values of antimony, molybdenum, silver, lead and zinc that are associated with anomalous gold values. Numerous old antimony prospects and workings are present in the central Cerro Verde area, which are flanked by base-metal showings in peripheral regions. Initial mapping has indicated that rocks of the Caracol Formation, the host rocks to mineralization at the Represa Zone, are present in the Cerro Verde area.

At the "Calabazal" target area, large exposures of hematitic and limonitic silty limestone have been identified adjacent to an extensive area of pediment cover. Initial stream sediment and rock sampling has generated anomalous gold, lead, antimony and zinc values. Other newly-located prospective areas include "Jandel's Quarry", where highly-altered Caracol Formation rocks have returned anomalous zinc and lead levels and "Gomez Ranch" where old workings are associated with elevated antimony and molybdenum values in limestone adjacent to Caracol Formation rocks. Further work at the "Camino Rojo Dos" target area has returned anomalous to highly elevated barium, molybdenum and antimony values that are associated with structural and bedding replacement zones in silty limestone over a 150 meter by 50 meter area. Initial soil sampling at Camino Rojo Dos has returned elevated zinc values associated with anomalous chargeability values on the margins of a previous Tensor IP geophysical grid.

The 19,000 hectare "Cardito" target area has been recently acquired by staking to cover the margins of a prominent magnetic feature that is likely associated with buried intrusive rocks. With this staking, the Camino Rojo property has been expanded to 359,000 hectares (1,390 square miles), much of which is overburden covered and only a portion of which has been investigated through systematic reconnaissance exploration activities. The Camino Rojo project area is considered to be highly-prospective for new discoveries, similar to the Canplats' Represa Zone or Goldcorp's Penasquito deposit, which is situated 50 km to the northwest and occurs in a similar geological setting. Additional reconnaissance work will include further geological mapping, stream sediment sampling, prospecting, and geophysical surveys.

Engineering Studies

In March 2009, Canplats engaged Mine and Quarry Engineering Services Inc. ("MQes") of San Mateo, California to conduct an in-house technical assessment of the Represa Zone. This scoping level study is examining basic issues such as metallurgy, mining, project design, as well as construction and operating cost estimates for large-scale heap-leach treatment of oxide and transitional mineralization. This study will provide the groundwork and specific recommendations for subsequent prefeasibility and feasibility studies.

The Camino Rojo project hosts measured and indicated resources estimated at 3.44 million ounces of gold and 60.7 million ounces of silver at the Represa Zone, with additional inferred resources of 0.56 million ounces of gold and 7.6 million ounces of silver (see news release dated November 24, 2008). Mineralization remains open for further expansion in both strike directions and to depth.

The Represa Zone is situated in flat terrain within an area of excellent infrastructure, less than 5 kilometers from a paved highway and high voltage power lines. Canplats is actively pursuing the acquisition of surface rights in the Represa area.

Dr. Peter A. Christopher, P. Eng., is the qualified person responsible for the reviewing the contents of this news release. For further information, please contact:

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