Canadian Platinum Corp. provided an update on the status of the initial exploration program currently underway on the Cook Gold Project in northern Nevada. Managed by Axiom Exploration Ltd., of Saskatoon, SK, an airborne magnetometer survey, carried out by Pioneer Aerial Surveys Ltd., was completed over the project area. Orthomosaic photogrammetry over the property was also completed for survey control and preparation of orthomosaic maps and digital elevation models. SpecTIR LLC., based in Reno, Nevada, flew a fixed-wing airborne hyperspectral survey over the project area, designed in part to identify alteration minerals associated with, in this case, gold and gold-copper mineralizing systems. Geologists commenced initial geological and structural mapping over the property along with surface sampling. Ground crews have now located 35 historic mine workings on the property, represented by both adits and shafts, mostly undocumented in available historic reports. The airborne magnetic and hyperspectral data is now being processed and rock samples have been submitted to the Saskatchewan Research Council ("SRC") laboratory in Saskatoon for assay. 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.