CHI Chapleau Resources Com Npv

Chapleau Resources Ltd. (TSX VENTURE:CHI) intersects further encouraging copper
mineralization at the La Yegua porphyry copper-gold project in Peru. Geochemical
results for the last two holes, #6 and #7, have been received. Hole #7, drilled
approximately 315.0 m east of Hole #1, intersected 114.0 m of 0.24 % copper with
0.03 g/t gold from 18.0 to 134.0 m. Included in the 114.0 m of copper
mineralization was an interval of 11.0 m of 0.62 % copper and 0.10 g/t gold from
75.0 to 86.0 m. A further 27.0 m interval of 0.26 % copper and 0.04 g/t gold was
intersected from 134.0 to 161.0 m in Hole #7. This hole was drilled across the
valley and 315.0 m east of Hole #1 and in an area with a molybdenum anomaly in
rock chips of 33 to 37 ppm Mo (see maps on website:
www.chapleauresources.com/projectmaps.php?ID=15). This intersection is very
encouraging as this eastern side of the valley has further molybdenum anomalies
in rock chips (45 to 251 ppm Mo) together with evidence of porphyry copper
alteration (potassic) and showings of copper oxides which have not been drilled.
Hole #6 drilled 133.0 m south of Hole #1 drilled low grade copper mineralization
with an interval of 124.0 m of 0.08 % copper from 32.0 to 156.0 m. Summary logs
with gold and copper results for Holes #6 and #7 are posted on the Chapleau
website:
http://www.chapleauresources.com/content/Projects/resultsddh67may0808.pdf.


This recent copper intersection in Hole #7 opens up the eastern and southeastern
side of the La Yegua property for further exploration. Field crews will now be
mobilized to extend the mapping and sampling in the eastern and southeastern
zones and this fieldwork is expected to continue through June 2008. Further
exploration will also be conducted on the remainder of the 4,100 ha concession
and in particular an area 4.0 to 5.0 km to the southwest of the current
drilling, with gold and copper veins. The gold and copper veins were previously
recognized by Bear Creek in 2004 and were mapped over an area of approximately
1.9 km2. Strongly anomalous gold in rock samples were reported by Bear Creek
from this southwestern part of the La Yegua concession with grades of between
0.20 g/t to 8.65 g/t gold, together with copper values of up to 2.31 % Cu.


La Yegua consists of 4,100 ha of claims located only 20.0 km northeast of the
Los Chancas porphyry copper deposit with a reported 4.4 billion pounds of copper
and 771,600 oz of gold (200 million tonnes @ 1.0 % Cu, 0.12 g/t Au and 0.08 %
Mo). Los Chancas is owned by Southern Copper Corporation.


On January 29, 2008, Chapleau and Bear Creek Exploration Company Ltd., a wholly
owned subsidiary of Bear Creek Mining Corporation (TSX VENTURE:BCM), signed a
Definitive Option Agreement on the La Yegua project whereby Chapleau can earn up
to a 75 % interest in the project. The terms of the Option Agreement allow
Chapleau to earn a 51% interest in the property by spending a total amount of
US$2,775,000 in exploration over a four year period and the granting of the
equivalent of US$350,000 in Chapleau shares during the four years. With the
issuance of an additional 1,250,000 shares, Chapleau may increase the vested
interest from 51% to 75%.


The first four holes at La Yegua were drilled vertically and Holes #5 and #6
were drilled at an angle of 60 degrees with an azimuth of 050 degrees. Hole #7
was drilled at an angle of 45 degrees with an azimuth of 060 degrees. Drill
cores were taken at a minimum of 0.4 m and a maximum of 2.0 m intervals. All
core samples (HQ and NQ diameter) were cut with a diamond saw and one-half of
the core placed in bags, numbered and sealed then sent via a secure transport
agency to the Company's main office in Lima, Peru for shipping directly to the
ALS Chemex laboratory in Lima. The core samples were then crushed down to 2 mm,
and a split of 250 g was taken and pulverized to better than 85% minus 200 mesh.
Gold analysis was by fire assay of a 30 g sample and an atomic absorption
finish. Copper and an additional 40 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. ALS
Chemex which is an ISO 9001:2000 and ISO 17025: 2005 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.


For technical information regarding this press release, kindly contact Ian
Gendall at 604 669 8511.


BY ORDER OF THE BOARD OF DIRECTORS

CHAPLEAU RESOURCES LTD.

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.

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