Precious Metals

Canadian Platinum Corp. (TSXV:CPC) announced the preliminary results of its Allen Lake Drilling Program, which tested two drill holes totaling 690.3m. The drilling program tested 2 DPEM/VTEM anomalies.

Canadian Platinum Corp. (TSXV:CPC) announced the preliminary results of its Allen Lake Drilling Program, which tested two drill holes totaling 690.3m. The drilling program tested 2 DPEM/VTEM anomalies.

As quoted in the press release:

Drill Hole Koop1 (total length 243 m) tested a week DPEM/VTEM anomaly on the southern flank of the Allen Lake Magnetic Anomaly intersecting 243 m of fine to medium grained massive gabbro with an estimated magnetite content of 15%. No sulphides were identified in the preliminary drill log.

Drill Hole Koop 2 tested the eastern VTEM anomaly which had an estimated depth to top of 300 m. The drill hole intersected a thick section of massive gabbro which included a 7.1 m intercept containing trace to 0.5 % pyrrhotite and trace chalcopyrite.

Click here to read the full Canadian Platinum Corp. (TSXV:CPC) press release.

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