MMI Messina Minerals Inc.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Canadian Platinum Corp. ("Canadian Platinum" or the "Corporation") (TSX
VENTURE:CPC) is pleased to report that drilling has commenced on a 500 m drill
hole to test a high priority anomaly found on the Flin Flon South Project (the
"Project"). Recent Borehole Pulse EM Surveys reveal the presence of a strong
off-hole conductor near the recently completed drill holes on Targets 33 and 34
located 1.7 kilometres southwest of the historical Westarm Mine. 


The Project consists of 3 claims (7586 ha) located approximately 15 kilometres
south of a prolific mining camp near the town of Flin Flon which has produced
over 100,000,000 tonnes of Copper-Zinc ore. The 777 Mine, the newest addition to
the Flin Flon mining camp area has 4.4 million tonnes of proven reserves grading
3.1% copper, 4% zinc, 2.4 g/t gold, and 25.7 g/t silver, with probable reserves
of 11.2 million tonnes grading 2.1% copper, 5% zinc, and similar grades of
precious metals to the proven reserves. 


Dave Koop, President of Koop Geotechnical and the firm conducting the surveys
states "We have modeled this off-hole anomaly with a high conductance source
with dimensions in excess of 300m x 300m below the holes that were surveyed.
Kevin Ralph, the Chief Geophysicist at Crone, was the Geophysicist overseeing
the data. I believe this is a bona fide Category A target. I am encouraged by
these results and look forward to further delineating the nature of this anomaly
especially since this project is within close proximity to a region that has
produced several mines". Koop Geotechnical used the Crone Geophysics Borehole
PULSE EM System, the same system used to find the Lalor deposit in the Snow Lake
region. 


The area of the recent drilling, the Borehole Pulse EM anomaly and a subsequent
TEM geophysical survey were targeted after anomalous values were obtained from a
mobile metal ion ("MMI") sampling program. MMI's geochemistry is a proven
geochemical exploration technique known to find mineral deposits.


John G. Pearson, PGeo, the Company's qualified person under NI 43-101 has
reviewed and approved the technical disclosure of this press release on behalf
of the Company.


Canadian Platinum Corp. is a Calgary, Alberta based corporation engaged in the
exploration of platinum group and base metals in Canada. For further information
please contact:


CAUTION REGARDING FORWARD LOOKING STATEMENTS

Certain statements contained herein constitute forward-looking statements. Such
forward-looking statements are subject to both known and unknown risks and
uncertainties which may cause the actual results, performances or achievements
of the Corporation to be materially different from any future results,
performances or achievements expressed or implied by such forward-looking
statements. The forward-looking statements included in this press release are
made as of the date of this release and except as required by law, the
Corporation does not undertake any obligation to publicly update or revise any
forward looking statements, whether as a result of new information, future
events or otherwise. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy any securities, nor shall there be any sale
of securities in any state in the United States in which such offer,
solicitation or sale would be unlawful. The securities referred to herein have
not been and will not be registered under the United States Securities Act of
1933, as amended, and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements. This
press release may contain statements within the meaning of safe harbour
provisions as defined under United States Securities Laws and Regulations. The
above statements are based on the current expectations and beliefs of the
management of Canadian Platinum and are subject to a number of risks and
uncertainties that may cause the actual results to differ materially from those
described above.

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