Replies to post #153 on Mexican Mining

[Ed Monton]

Thanks for the info...

[Ed Monton]

Canplats Reports Significant Gold Intercepts from
Initial Drilling at Rodeo in Mexico

CPQ

VANCOUVER, BRITISH COLUMBIA--Canplats Resources Corporation (TSX
Venture: CPQ) is pleased to report the first results from
drilling at its wholly-owned Rodeo gold property located
approximately 150 kilometers north of Durango, Mexico. Results
from these holes drilled in a zone known as the West Vein Swarm,
confirm the presence of gold mineralization over significant
intervals near surface.

Reverse circulation drilling to date has tested approximately 100
meters of strike length of the West Vein Swarm, which has been
mapped over a strike length of two kilometers. The best results
to date are in hole BR-3 which intersected 2.98 grams of gold per
tonne over 33 meters (0.09 ounces of gold per ton over 108 feet),
including 6.24 grams of gold per tonne over 11 meters (0.18
ounces of gold per ton over 36 feet). BR-3 is flanked by holes
located approximately 50 meters on either side that each
contained similar intersections.

 
  
 ---------------------------------------------------------------------- 
 Hole         Map    From      To  Interval     Gold  Interval     Gold 
 No.      Coordin-    (in     (in       (in                         (in 
             ates  meters) meters)   meters) (in g/t) (in feet) oz./ton) 
 ---------------------------------------------------------------------- 
 BR-1  629E, 607N      12      46        34     1.53     111.5     0.04 
 ---------------------------------------------------------------------- 
 BR-2 
  (1)  629E, 607N       1      38        36     2.52     118.1     0.07 
                                         (2) 
 ---------------------------------------------------------------------- 
             incl.      9      19        10     5.28      32.8     0.15 
 ---------------------------------------------------------------------- 
 BR-3  646E, 574N       3      36        33     2.98     108.3     0.09 
             incl.     13      24        11     6.24      36.1     0.18 
 ---------------------------------------------------------------------- 
 BR-4 
  (2) 
  (3)  627E, 558N       1      14        12     0.97      39.4     0.03 
                                         (2) 
 ---------------------------------------------------------------------- 
                       17      27        10     0.71      32.8     0.02 
 ---------------------------------------------------------------------- 
 BR-5 
  (4)  685E, 546N       6      62        51     1.71     167.3     0.05 
                                         (4) 
 ---------------------------------------------------------------------- 
             incl.     16      24         8     5.99      26.2     0.17 
 ---------------------------------------------------------------------- 
  
 (1) R-2 duplicated the location of BR-1 due to poor recoveries in BR-1. 
 (2) One one-meter interval not included due to low recoveries. 
 (3) BR-4 is interpreted to have intersected only the footwall of the  
     mineralized zone. 
 (4) Five one-meter intervals deeper in the hole not included due to low 
     recoveries. 
  
 

----------------------------------



Early stage results are promising and drilling of at least four
more holes, including two deeper holes, is now under way. The
West Vein Swarm is open along strike and at depth.

Previous work identified four other targets on the Rodeo property
that require further work prior to follow-up drilling. The
combined strike length of the five targets exceeds 2,000 meters,
and shear zones and the epithermal system can be traced for 4,000
meters on the property. With 20 - 50 meter widths of
well-developed quartz veins and breccias, the Rodeo property
represents significant exploration potential.

While drilling is under way at Rodeo, mapping and geophysics are
under way at the Santa Lucia gold property in preparation for
drilling anticipated early in the second quarter of 2004. Mapping
and surface sampling are under way at the Yerbabuena gold
property, to be followed by road construction and trenching in
February that will better define drill targets to be tested later
this year. All work is being supervised by Ken McNaughton,
vice-president, exploration, and a qualified person as defined by
Canada's National Instrument 43-101.

To receive Canplat's news releases by e-mail, contact Paul
LaFontaine, manager, investor relations, at [e-mail] or
[phone]. 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.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
Canplats Resources Corporation
R.E. Gordon Davis
Chairman, President and C.E.O.
Direct: [phone]
or
Canplats Resources Corporation
Paul LaFontaine
Manager, Investor Relations
Direct: [phone] or NA Toll-Free: [phone]
Email: [e-mail]
Website: www.canplats.com
or
G2 Consultants Corporation
Investor Inquiries
NA Toll-Free: [phone] or [phone]
[phone] (FAX)
Email: [e-mail]
The TSX Venture Exchange has neither approved nor disapproved of
the information contained herein.