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Canplats Resources Corporation: Camino Rojo Drilling Continues to Intersect Broad Zones of Gold-Silver-Lead-Zinc Mineralization

Posted on: Monday, 3 March 2008, 09:00 CST

Canplats Resources Corporation (TSX VENTURE: CPQ) is pleased to announce the results of a further six reverse-circulation drill holes completed in the Represa Zone of the Camino Rojo project in the State of Zacatecas, Mexico.

Significant results include:

- Drill holes CR-15, which intersected 240 meters averaging 0.84 grams gold per tonne, 17.81 grams silver per tonne, 0.36% lead, and 0.49% zinc, and CR-20, which returned 236 meters averaging 0.63 grams gold per tonne, 20.21 grams silver per tonne, 0.33% lead, and 0.55% zinc. Both holes were inclined at -50 degrees to the north and returned significantly higher grades than previously-announced drill holes CR-08, CR-09 and CR-11, which were located on the same section and inclined at -50 degrees to the south (see news release of January 21, 2008). The increased values in the north-directed holes may reflect a better penetration of both high-angle structures and southeast-dipping sedimentary host rocks.

- Drill holes CR-17 through CR-19 were collared on a section located 100 meters to the west of previously-reported drill holes CR-01, CR-04 and CR-06, and together with drill hole CR-16 have extended the mineralization to the west and northwest.

Drill results are summarized in the following table:

 ----------------------------------------------------------------------- ---                             Interval Hole          From       To      (ii)     Gold    Silver     Lead     Zinc No.        (meters) (meters) (meters) (g/tonne) (g/tonne)      (%)      (%) -------------------------------------------------------------------------- CR-15(i)         0      240      240      0.84     17.81     0.36     0.49 --------------------------------------------------------------------------                 90      176       86      1.38     23.40     0.31     0.51 -------------------------------------------------------------------------- CR-16            0      140      140      0.37      8.09     0.08     0.21 -------------------------------------------------------------------------- CR-17           68      188      120      0.50      6.20     0.07     0.12 -------------------------------------------------------------------------- CR-18            0      112      112      0.37      8.10     0.07     0.16 --------------------------------------------------------------------------                 58      112       54      0.62     10.36     0.05     0.07 -------------------------------------------------------------------------- CR-19          140      192       52      0.66      7.92     0.11     0.14 -------------------------------------------------------------------------- CR-20(i)        14      250      236      0.63     20.21     0.33     0.55 --------------------------------------------------------------------------                102      250      148      0.72     21.46     0.35     0.65 -------------------------------------------------------------------------- (i) Hole ended in mineralization (ii) True width to be determined 

Maps of the drill program will be available at the Canplats web site, www.canplats.com.

Drilling to date at Camino Rojo has outlined gold-silver-lead-zinc mineralization over an area measuring 500 meters by 350 meters, and extending to a vertical depth of 200 meters. Oxide mineralization starts at surface, with many holes terminating in strong mineralization. A total of four drill rigs are currently in operation, with two reverse circulation drills focused on extending and delineating the oxide mineralization, and two diamond drills targeting sulphide mineralization at depth.

The 150,000 hectare (580 square mile) Camino Rojo project is wholly-owned by Canplats Resources and is located in an area of excellent infrastructure, 50 kilometers to the southeast of Goldcorp's Penasquito mine.

All work is being supervised by Ken McNaughton, vice-president, exploration, and a qualified person as defined by Canada's National Instrument 43-101 responsible for the Camino Rojo exploration program and has verified the data in the table above. All samples were submitted for preparation in Chihuahua, Mexico and analysis at its facilities in Vancouver, B.C. by ALS Chemex. All samples were analyzed using aqua regia digestion with ICP finish. All gold samples were fire assayed with an AA finish and all samples over 10 ppm gold were re-assayed using a fire assay with a gravimetric finish. Samples over 100 ppm silver were reanalyzed using four acid digestion with an ore grade AA finish. One in 20 samples was blind duplicate assayed at ALS Chemex in Vancouver, B.C.

To receive Canplats' news releases by e-mail, contact Blaine Monaghan, Director, Investor Relations, at info@canplats.com or (866) 338-0047. Some of the statements contained in the company's news releases may be forward-looking statements such as the company's future plans, objectives and goals. The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties which could cause actual results to vary considerably from these statements. The risks and uncertainties include general and economic conditions as well as those described in Canplats' SEC Form 20F as amended.

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

 Contacts: Canplats Resources Corporation - Corporate Information R.E. Gordon Davis Chairman and C.E.O. Direct: (604) 484-8220  Canplats Resources Corporation - Corporate Information Bruce A. Youngman President and C.O.O. Direct: (604) 484-5960  Canplats Resources Corporation - Investor Inquiries Blaine Monaghan Director, Investor Relations Direct: (604) 484-2194 or NA Toll Free: 1-866-338-0047 Email: info@canplats.com Website: www.canplats.com  G2 Consultants Corporation Investor Inquiries NA Toll Free: 1-866-742-9990 or (604) 742-9990 (604) 742-9991 (FAX) Email: canplats@g2consultants.com

SOURCE: Canplats Resources Corporation

Source: MARKET WIRE

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