Pacific North West Capital Corp.
Pacific North West Capital Corp. (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J.F) is a mineral exploration company focused on Platinum Group Metals (PGM), precious and base metals. Management's corporate philosophy is to be a Project Generator, Explorer and Project Operator with the objective of option/joint venturing projects with major and junior mining companies through to production. To that end, the Company's current option/joint ventures agreements are with Anglo Platinum, First Nickel and Alto Ventures. In addition, Pacific North West Capital Corp. is also the majority shareholder of Fire River Gold Corp (FAU:TSX.V) who is currently developing the Nixon Fork Gold Mine in Alaska.
Pacific North West Capital Corp. is well funded with an experienced management team and the ability to take advantage of the tremendous opportunities that are available in the mining sector today. Our focus will be to acquire advanced stage precious metals projects, continue to expand our PGM and base metals division and to look for special situations and under-funded projects in the resource sector. April 20 2010
Pacific North West announces geochemical study and re-assay program at River Valley PGM project
Pacific North West Capital Corp (TSX: PFN; OTCBB: PAWEF) said it has begun a detailed geochemical study of PGM mineralization in the River Valley intrusion near Sudbury, Ontario.
The program is designed to establish the geochemical characteristics of high grade zones as an aid to future exploration, and to document five element PGM concentrations, including iridium, rhodium and ruthenium, to provide better estimates of the value of the mineralization.
A total of 337 core samples collected from five drill holes from the River Valley project area are currently undergoing testing which is supervised by Dr Reid Keays at the School of Geosciences at Monash University, Australia.
The PGM assay data and density measurements will be used to refine economic modelling of the deposit, and to better quantify the total value of the River Valley mineralization.
River Valley is a 50/50 joint venture between PFN and Anglo Platinum Ltd. Anglo Platinum can increase its ownership interest to 60 percent by completing a positive feasibility study and to 65 percent by advancing the project through to production.
Other Pacific North West Capital Corp. articles
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17/12/09 Pacific North West Capital says drilling at Rock & Roll gold-silver-copper-lead-zinc project confirms historic data
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05/08/09 Pacific North West Capital and First Nickel discover new PGM zone at Raglan Hills
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29/06/09 Pacific North West Capital to sell Nixon Fork Gold Mine to Fire River Gold
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16/12/08 Pacific North West Capital options Kinbauri Gold's Fiedmont Property
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24/11/08 Pacific North West – Expansion through acquisitions
Other Pacific North West Capital Corp. news
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12/04/10 Pacific North West and Alto Ventures report continued gold intersections at Destiny Gold
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08/03/10 Pacific North West and Alto Ventures intersect high-grade gold
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18/02/10 Pacific North West and Alto Ventures reveal final Phase I results at Destiny Gold Project
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04/02/10 Pacific North West and Alto Ventures report significant drilling results at Destiny gold project, Phase 2 underway
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27/01/10 Pacific North West and Alto Ventures begin phase II exploration of Destiny gold project
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15/01/10 Pacific North West Capital reports multiple high grade veins at Destiny Gold Project
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03/12/09 Pacific North West reports high grade results from drilling programme as Destiny gold project
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21/10/09 Pacific North West to Begin Drilling at Rock & Roll Gold Exploration Project in British Columbia
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15/10/09 Pacific North West commences drilling at Destiny gold project, resource update expected early next year
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01/09/09 Pacific North West Capital options Destiny Gold Project
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