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Just
Released October 10, 2007
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Pacific North West Capital Completes Phase III Acquisition Program
Nickel Plats Project, Saskatchewan
- Acquisition of historical Nickel mineralized zone
- PFN expanding Nickel & PGM Divisions
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- $10 million in cash and securities
- Exploration program slated -- Winter 2007
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October 10, 2007, Vancouver, BC
-- Further to the announcement dated June 28, 2007, Pacific North West Capital Corp. (TSX: PFN OTCBB: PAWEF Frankfurt: P7J) has acquired an additional 18,800 acres or 75 square kilometres of prospective ground in the area of the Nickel Plats Project. The current land package totals 20,600 acres.
After evaluating historical and Saskatchewan government data files, additional ground has been acquired to cover identified mafic intrusions in the area around the Nickel Plats Project. Further ground proving on the project will begin in the near future to evaluate the mineral potential of identified targets.
PFN's acquisition program will continue throughout 2007, in order to position the Company and its shareholders for what Management believes will be the largest expansion in Nickel exploration since the 1990s. Harry Barr, President & CEO of Pacific North West Capital stated, "Our objective is to control a strategic Nickel exploration portfolio in North America". PFN's Ontario based technical team is guiding the acquisition process and preparing for summer and fall exploration programs.
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Pacific North West Capital Corp.
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EXPLORATION STAGE |
CODE : PFN.TO |
ISIN : CA6949161070 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Pacific NorthWest is based in Canada. Pacific NorthWest holds various exploration projects in Canada. Its main exploration properties are NIXON FORK in USA and GLITTER LAKE, RAGLAN HILLS, RIVER VALLEY, COLDWELL, SWAYZE, ROCK & ROLL, NICKEL PLATS and DESTINY GOLD in Canada. Pacific NorthWest is listed in Canada and in United States of America. Its market capitalisation is CA$ 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. |