Chapleau Resources Ltd.

Chapleau Resources Ltd.

June 26, 2008 15:43 ET

Chapleau Extends Gold Mineralization 1.4 km Southeast of the Lagresia Gold Structure at Mato Velho-Brazil

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 26, 2008) - Chapleau Resources Ltd. (TSX VENTURE:CHI) has completed 8.0 km of soil sampling and reconnaissance rock sampling along the southeastern extension of the Lagresia gold mineralized zone at the Mato Velho gold project in Brazil. Significant gold in soil anomalies of greater than 30 ppb and up to 447 ppb gold have been identified over 1.4 km (see maps on website: The gold in soil anomalies have identified both extensions of the Lagresia vein structure to the southeast and at least two additional gold mineralized vein structures sub-parallel to Lagresia (see map on website: Rock (grab) samples taken from limited outcrop within the area of the soil anomalies have returned high-grade gold mineralization of up to 77.94 g/t gold and 45.00 g/t silver. The summary table of rock samples is shown below:

Summary Table of Rock (Grab) Samples - Mato Velho

Sample # Easting Northing Au g/t Ag g/t
R0008766 715309 9169081 1.29 less than 1
R0009445 714330 9180043 1.40 less than 1
R0008776 715948 9178703 77.94 45.00
R0008777 715638 9179468 15.29 26.00
R0008778 715713 9179428 3.81 3.50
R0008780 715225 9179333 29.74 11.00

Four widely spaced drill holes drilled along 1.0 km of the northwestern part of the Lagresia vein structure in October 2006 to March 2007 (see maps and press release dated May 03, 2007 on website:, returned encouraging gold mineralization which included:

- 10.0 m of 6.72 g/t Au from 8.0 to 18.0 m in DDH 3

- 1.0 m of 1.95 g/t Au from 29.0 to 30.0 m in DDH 4

- 3.0 m of 6.17 g/t Au from 31.0 to 34.0 m in DDH 5

The Lagresia gold mineralized structure can now be traced over at least 2.4 km and is still open to the northwest and southeast. Further ground geophysics will be done across this target zone to better define drill targets.

Rock and soil samples were sent via a secure transport agency to the SGS Geosol laboratory in Itaituba in Brazil for preparation and the pulps sent directly to the SGS Geosol laboratory in Belo Horizonte and Vespasiano for analysis. Gold analysis was by fire assay of a 30 g sample and an atomic absorption finish. Silver and additional 32 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.

This press release was prepared by Ian Gendall, Pr. Sci. Nat., a qualified person in compliance with National Instrument 43-101.



Ian Gendall/President

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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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