Additional Information
Market: TSX
Sector: General Mining
EPIC: PFN
Latest Price: 0.15  (3.57% Ascending)
52-week High: 0.40
52-week Low: 0.10
Market Cap: 13.64M
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Pacific North West Capital Corp.
www.pfncapital.com

Pacific North West Capital Corp. (TSX: PF) is a mineral exploration company focused on Platinum Group Metals (PGM), precious and base metals.

Pacific North West announces geochemical study and re-assay program at River Valley PGM project

5th Jun 2009, 12:11 pm
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.

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