Canadian Platinum Corp. reported the results of a review of the assay data from historic drilling on the company’s 100%-owned Peter Lake Cu-Ni-PGE project in northern Saskatchewan. The review was carried out specifically to determine the project’s potential to host significant cobalt mineralization given the recent spectacular rise in price for that commodity. A review of the drill logs and historical assay data from past exploration work carried out on the Peter Lake Project has shown that the project does host significant cobalt mineralization related to known base metal mineralization on the property. In particular, in the Swan Lake area, where drilling was carried out on one of 17 known VTEM anomalies, drill intersections assaying 0.02% Co over a width of 71.6m were encountered with higher grade intersections of up to 0.21% Co over a width of 1.0m. The database was built from 47 drill holes and consists of 2,600 assays for each of the seven metals presented. The individual block models contained a total of 98,010 blocks. Hogan relied on RPA’s work for data verification and quality assurance and quality control as noted below. In addition, assay data was checked for data entry and logging errors through the application of customized software. There are no more recent estimates or data available to the company. The qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and CPC is not treating this estimate as a current mineral resource as defined in NI43-101. In order to upgrade this estimate to a current mineral resource, CPC will be required to conduct additional drilling at Swan Lake.