Pacific North West Capital Corp.

Published : March 11th, 2009

Commences Drilling on the Fiedmont PGM Property, Quebec

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 Toll free 1.800.667.1870

Pacific North West Capital Corp. Commences Drilling 
on the Fiedmont PGM Property, Quebec

March 11, 2009. Vancouver, BC -- Pacific North West Capital Corp. (PFN) (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J.F) is pleased to announce that drilling on the Fiedmont Platinum Group Metals (PGM) property near Val d'Or, QC, will commence on March 16, 2009. PFN has the option to earn a 60% interest in the Fiedmont property from Kinbauri Gold Corp. ("Kinbauri") (TSX.V: KNB), subject to a 2% NSR held by the original vendors. The vendor's NSR is subject to a one percent (1%), $900,000 buy-back. Further to the news release dated December 16/2008, PFN may pay Kinbauri an aggregate amount of $98,000, issue 150,000 PFN common shares to Kinbauri, and expend $400,000 on exploration prior to November 30th, 2010 to earn its interest. 

The Fiedmont property is located 30 kilometres north of Val d'Or and is road accessible. The property consists of 84 claim (3,458 ha) covering the Fiedmont Intrusive Complex. In 2006, Kinbauri completed a four hole Diamond drilling program totalling 240 meters, and a heli-borne magnetometer survey. In 2008, Kinbauri collected 1811 humus samples as part of a geochemical survey. 

Mineralization on the property consists of disseminated sulphides in silicified gabbroic rocks. Five showings have been identified to date, four of which occur along a distinct magnetic trend that appears to be associated with the northern contact of the intrusion.

 Chip samples from these showings returned grades of up to 1.52 g/t Pt and 4.21g/t Pd over surface widths of 1.0 meters. Kinbauri's 2006 drill program returned grades of up to 0.45 g/t Pt and 1.04 g/t Pd over 5.0 meters apparent width. 

The planned drill program consists of 10 holes totalling approximately 1500 meters.
The holes will test coincident humus geochemical and magnetic anomalies associated with known PGM showings in the Fiedmont Complex. The attached map shows the planned drill hole locations plotted on a total field magnetic image for the area.

Jonathan Findlay, Ph.D., P.Geo is the qualified person for this press release.

About Kinbauri Gold Corp:

Kinbauri is a TSXV -- Tier 1 Mineral Exploration Company focused on the development of mineral properties, primarily precious metal prospects in North western Spain, Nevada and Canada. Its immediate focus is to expand and upgrade resources to reserves at the El Valle property in Asturias, Spain in order to start operations at the mine and existing mill complex there in 2011. Kinbauri currently has 52,103,051 common shares issued and outstanding. 

About Pacific North West Capital Corp:

Pacific North West Capital Corp. 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 mining companies through to production. To that end, Pacific North West Capital's current option/joint ventures agreements are with Anglo Platinum, Xstrata Nickel, Benton Resources, First Nickel and SOQUEM.

Pacific North West Capital Corp. is well funded, has an experienced management team and has the ability to take advantage of the tremendous acquisition opportunities presented by current market conditions. The Company's focus is to acquire advanced stage precious metals projects and to continue to expand its Platinum Group Metals and base metals division. 

Pacific North West Capital Corp. has approximately $6.9 million in working capital and securities.

On behalf of the Board of Directors

"Harry Barr"
Harry Barr, President & CEO

For further information, please contact our Investor Relations Department at Toll Free 1-800-667-1870

The Toronto Stock Exchange have not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with The Toronto Stock Exchange, British Columbia Securities Commission and the United States Securities & Exchange Commission. Not to be construed as an offer to buy or sell securities of this company.

This email should not be construed as an offer to buy or sell securities of Pacific North West Capital Corp.

Data and Statistics for these countries : Canada | Spain | All
Gold and Silver Prices for these countries : Canada | Spain | All

Pacific North West Capital Corp.

ISIN : CA6949161070
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Pacific NorthWest is based in Canada.

Pacific NorthWest holds various exploration projects in Canada.


Pacific NorthWest is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.4 millions as of today (US$ 1.3 millions, € 927 314).

Its stock quote reached its highest recent level on December 31, 2003 at CA$ 1.40, and its lowest recent point on January 13, 2014 at CA$ 0.02.

Pacific NorthWest has 91 619 461 shares outstanding.

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Corporate Presentations of Pacific North West Capital Corp.
2/25/2008-"Harry Barr Puts Pacific North West Capital At The Forefron...
Annual reports of Pacific North West Capital Corp.
2007 Annual Report
Financings of Pacific North West Capital Corp.
10/14/2011Announces $2,700,000 Non-Brokered Private Placement
7/18/2011Closes $2,550,750 Non-brokered Private Placement
7/13/2011Closes 1st Tranche Of Private Placement
7/5/2011- Non-Brokered Private Placement Oversubscribed
2/22/2011$3,000,000 Non-Brokered Private Placement
3/31/2008Closes $3,350,000 Private Placement
6/2/2007Closes Private Placement/Expands Institutional Shareholder B...
Nominations of Pacific North West Capital Corp.
9/7/2011Appoints New President & COO
9/3/2009Announces Appointment of Christopher Davies
2/23/2009Appoints John Londry to Board of Directors
11/18/2008John Londry, Vice President Exploration, Retires, Pacific No...
Project news of Pacific North West Capital Corp.
4/10/2013(River Valley)Reports Positive Platinum Metal Concentration Results for Ri...
11/6/2012(River Valley)Advancing PFN's 100% owned River Valley PGM deposit near Sud...
10/12/2012(River Valley)on Metallurgical Studies for River Valley PGM Project ne...
7/24/2012(River Valley)Commences Metallurgical Studies of its River Valley PGM Depo...
6/19/2012(River Valley)Announces a New Platinum Group Metal Zone on its River Valle...
6/15/2012(River Valley)Announces SEDAR Filing of NI 43-101 Mineral Resource Estimat...
5/1/2012North West Capital Announces 2.5 million ounces PGM+Gold Mea...
12/13/2011Stakes 220 square kilometres 10 km north of Lac des Iles Min...
12/8/2011(River Valley)Commences 2200 Metres Exploration Drill Program at River Val...
5/20/2011(River Valley)Announces 1.3 gt (0.04 opt), 3E* over 65m (213.3 feet) at th...
3/1/2011(River Valley)Announces 15,500 Metre Drill Program River Valley Platinum G...
10/15/2009(Destiny Gold)Commences Drilling on the Destiny Gold Project
8/5/2009(Raglan Hills)and First Nickel Announce New PGM Zone on Raglan Hills Joint...
6/29/2009(Nixon Fork)grants option to Fire River Gold on Nixon Fork Gold Mine, Al...
3/11/2009(Pgm A)Commences Drilling on the Fiedmont PGM Property, Quebec
11/26/2008(Chénéville)& SOQUEM Announce Completion of Drilling at the Ch=E9n=E9vil...
9/15/2008(West Timmins Project)Completes Deep Penetrating UTEM 3 Geophysical Survey Over We...
8/25/2008(Raglan Hills) Initiate Surface Mapping and Sampling Program on the Raglan...
6/26/2008(Raglan Hills)First Nickel Complete Airborne Geophysical Survey on Raglan ...
6/3/2008(Goodnews) Commence $1,000,000 Drill Program - Goodnews Platinum Proje...
5/5/2008(Pfn Davis-kelly)Ni-Cu-PGE Mineralization Discovered on PFN's Tonsina Propert...
4/1/2008(West Timmins Project)A Deep Penetrating UTEM Geophysical Program is Underway over...
3/11/2008(Coldwell)Pacific North West Capital Acquires New PGM Project in the C...
8/20/2007(West Timmins Project)Completes Phase One of Drill Program on West Timmins Propert...
Corporate news of Pacific North West Capital Corp.
1/9/2014Announces Voluntary TSX Delisting, TSX Venture Listing and 3...
10/24/2013Platinum Group Metals Update
7/25/2013Announces First Tranche Closing
9/10/2012Announces Results of AGM and Change of Director
3/20/2012(River Valley)Announces High Grade PGM Results at Depth in Dana South Zone...
2/21/2012(River Valley)Completed the First Component of the Environmental Baselines...
1/10/2012(River Valley)Announces Additional High Grade PGM Results for its River Va...
1/9/2012Launches Online Investor Relations and Social Media Program ...
10/13/2011(River Valley)Excellent Drill Results Continue at Pacific North West Capit...
8/4/2011Reports Significant Rhodium Concentrations of Up To 0.17...
7/26/2011(River Valley)- PFN Reports On Geochemical Study for Predicting Five-E...
4/27/2011(Rock & Roll)New NI43-101 Resource on the Rock & Roll Gold-Silver-Polymet...
4/16/2011An Interview of Harry Barr, President of Pacific North West ...
3/15/2011Closes $3,000,000 Non-Brokered Private Placement
3/15/2011Closes $3,000,000 Non-Brokered Private Placement
9/1/2009Acquires Option on Destiny Gold Project, Québec
8/19/2009Option to Acquire 100% of Rock & Roll Property, British Colu...
12/22/2008President's Message
12/18/2008Announces Option to Acquire The Nixon Fork Gold Mine in Cent...
12/16/2008Options Fiedmont Platinum Group Metals (PGM) Property
11/27/2008Visit Pacific North West Capital at the 2008 Hard Assets Inv...
11/19/2008and Benton Resources Corp. Announce Drill Results from the S...
9/30/2008and Benton Resources Commence Drill Program on Heenan Proper...
9/8/2008 Thunder Target Update
9/3/2008"Major producer teams up with junior to explore Southwest Al...
7/3/2008Benton Resources Complete Helicopter-borne Magnetic and VTEM...
4/18/2008 Completes VTEM Geophysical Survey Over Nickel Plats Project...
4/7/2008 to Attend European Gold Forum
2/27/2008 & SOQUEM Agree to Phase III PGM Budget
12/17/2007President's Letter 2007
11/5/2007Phase 9B $525,000 Exploration Budget on River Valley, Valley...
10/11/2007Completes Phase III Acquisition Program, Nickel Plats Projec...
9/18/2007Acquires Three New PGM Projects, Coldwell Complex, Ontario
8/13/2007President's Message / 2007 Summer Update
6/28/2007announces Completion of Phase II Nickel Acquisition, Saskatc...
6/21/2007Joins Benton and Teck in Search for Nickel in Labrador
6/19/2007Nickelmuir Project Acquired, Timmins, Ontario - Aggressive N...
6/14/2007Phase I Nickel Acquisition Program Completed Saskatchewan, P...
5/16/2007Corp. (PFN.TSX) joins Golden Chalice Resources (GCR.TSX-V) i...
5/14/2007/ SOQUEM Acquires First Round of Platinum Group Metals Prope...
5/11/2007/ Xstrata Nickel commence drilling at West Timmins Nickel Pr...
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