Canadian Platinum Corp. (TSXV:CPC) announced it has contracted with Geotech Ltd. to conduct a VTEM Survey at the Peter Lake project.
As quoted in the press release:
In the Allen Lake area, the VTEM survey identified two electro-magnetic (EM) anomalies with strike lengths of approximately 700 m and 500 m that appear to be bounding a magnetic anomaly which may represent a buried mafic intrusive body, similar to that which hosts the Swan Lake mineralization. The EM conductors and magnetic anomaly have a modeled depth of approximately 250 to 300 m. The TDEM Survey confirms that the presence of weak, early time conductors. Ground proofing via prospecting, trenching and/or drilling is recommended to determine the source of the conductivity.