Galore expands Dos Santos claims in northern Zacatecas

2008-07-23 10:12 ET - News Release

Ms. Erica C. Bearss reports

GALORE EXPANDS CLAIMS TO CANPLATS' BORDER

Galore Resources Inc. has expanded its Mexico gold property in northern Zacatecas State. The claims on Galore's Dos Santos project were expanded to 12,000 hectares and now lie adjacent to the northern claim boundary of Canplats Resources' Camino Rojo property. Galore's property is located in the historic Concepcion del Oro mining district approximately 35 kilometres southeast of Goldcorp's Penasquito mine.

The new claim expands the property over a north-south trending syncline, which trends south to Canplats' recent gold discovery. The Upper Cretaceous Caracol formation, the host rocks of the Canplats discovery, is interpreted by the Geological Survey of Mexico, to lie within the sediment covered core of this syncline. Galore controls this entire area and the potential occurrence of the Caracol formation represents a major target. Galore intends to aggressively explore this geological trend for disseminated gold mineralization, using the Penasquito deposit and Canplats' discovery as models.

Galore recently announced results from two rock sample shipments from the Dos Santos project, which included gold analyses ranging up to 6,542 ppb (6.5 grams/tonne) gold. The program to date includes detailed mapping, systematic hand-trenching and bedrock sampling. Results from a third shipment of samples are expected shortly.

The Dos Santos exploration program is managed by Octavio Gonzalez, Galore's vice-president, exploration, for Mexico. Uwe Schmidt, P.Geo., vice-president, exploration, and Galore's Qualified Person as defined by Canada's National Instrument 43-101, is responsible for supervising the Dos Santos program.

We seek Safe Harbor.