April 12th, 2018 / TheNewswire / Saskatoon, SK - Canadian Platinum Corp. ("CPC" or the "Company"-TSXV:CPC) is pleased to announce that personnel are on site to commence the initial phase of exploration work on the Cook Gold Project in northern Nevada.
As reported December 21st, 2017, the Company engaged Axiom Exploration Ltd. ("Axiom"), of Saskatoon, SK, to design and implement the first phase of exploration on the property. Axiom is now in the field and over the next few weeks will supervise contracted airborne geophysical and airborne hyperspectral surveys, followed by geological mapping with a focus on alteration and structure, geochemical surveys, ground geophysics, verification of historical sampling, prospecting and new sampling, and data compilation and interpretation to select drill targets.
The 70%-owned Cook Gold Project consists of 88 lode claims located 100 km northwest of Winnemucca, Nevada. Historical surface and underground sampling outlined a 2.1 km X 0.6 km corridor hosting significant gold, silver and copper mineralization. Within the mineralized corridor, there are 5 historical mine workings where near-surface oxidized mineralization was mined. Historic results can be viewed on the Company website www.canplats.ca. The current work program will focus on further exploring and better delineating the mineralization within the corridor.
Gary Billingsley, President, comments "The Company is looking forward to the results generated from this first phase of exploration work and, based on those results, working as quickly as possible to delineate a resource."
The technical data in this news release have been prepared, reviewed, and approved by Gary Billingsley, PEng, PGeo, a qualified person under the terms of National Instrument 43-101.
About Canadian Platinum Corp.
Canadian Platinum Corp. is a Canadian-based resource exploration and development company with its head office in Saskatoon, SK. CPC is focused on the acquisition and development of a diversified portfolio of resource properties that include platinum group elements, precious metals, base metals and strategic metals, including cobalt.
CANADIAN PLATINUM TRADES ON THE TSX VENTURE EXCHANGE UNDER THE SYMBOL "CPC".
For more information, including news releases and technical reports providing more detail on the contents of this news release, please visit our website at www.canplats.ca.
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Canadian Platinum Corp.
Gary Billingsley, President
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