Demand for platinum group metals is forecasted to grow.

 

News Release December 5, 2011

 

“The three drill holes, SW-41 through SW-43, all intersected mineralized zones with encouraging results. DDH SW-42 intersected PGE and copper mineralization as follows:

 

       3.1 metres grading 1.844 grams per tonne Au plus Pt plus Pd (combined);

       Includes 0.5 m at 9.610 g/t PGE (PGE defined as Au plus Pt plus Pd);

       Includes 0.3 m at 3.030 g/t PGE and 1.53 per cent copper;

       Includes 0.5 m at 3.87 per cent copper;

       Includes 0.3 m at 9.39 per cent copper.”

 

“The Corporation plans to immediately proceed with a 2011 Winter Drill Program. Plans for this program include 3000 - 5000 meters of diamond drilling to test the EM targets identified by down hole Time Domain Electromagnetic (TDEM) on three previous diamond drill holes. The 2011 Winter Drill Program will continue to focus on delineating PGE mineralization within the Swan Lake Complex.”

 

NI 43-101 compliant properties

 

52 wk: Hi-Lo 0.35 - 0.15

http://canadianplatinumcorp.com/