Canplats Resources Corporation


LOCATION
The Maijoma prospect is located approximately 80km south of Ojinaga, in the state of Chihuahua, Mexico (and Presidio, Texas, on the US/Mexican border). It is comprised of one mineral claim covering an area of 12,500 hectares (49 square miles). It is connected to a paved highway by a 5km dirt road on the project's western margin.

The El Alamo prospect is located approximately 65km south of Ojinaga, in the state of Chihuahua, Mexico (and Presidio, Texas, on the US/Mexican border) and 15km west of Manuel Benavides. It is comprised of three mineral claims covering an area of 44,541.84 hectares (174 square miles and is located 42km northeast of the Maijoma project. It is connected to a paved highway by 20km of dirt roads.

The area between El Alamo and the Maijoma project is covered by the Agua Loca and Los Volcanes claims also held 100% by Canplats, covering the 60 kilometer long, northeast-trending Maijoma Crustal Break for an aggregate total of approximately 110,847 hectares (428 square miles).


GEOLOGY
The regional geology comprises basement rocks of Jurasic limestone and calcarious shales and standstones, which have been overlain by a moderately thick sequence of rhyolite volcanics. The sediments have locally been intruded by Tertiary monzonites, rhyolite dikes and sills. Exposure of the basement sedimentary units is restricted to isolated windows through the volcanics on the Maijoma and El Alamo claims.

At El Alamo, a large area of variably-altered sediments and carbonates is enclosed by weakly-altered rhyolite volcanics. Several northwest-trending structures have been mapped and sampled over a strike length of 6 kilometers. Showings along the structure are marked by quartz veining, from 1 meter to 5 meters in width. The host rock has been altered to skarn and marble over varying widths of 5 meters to 25 meters from the vein. Samples along the vein generally assayed between 20 g/t silver and 260 g/t silver. An IP geophysical survey identified several anomalies at shallow to moderate depths which are closely associated with the structures.  

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