|
|
|
|
|
Pacific North West Capital Completes Deep Penetrating UTEM 3 Geophysical Survey Over West Timmins, Nickel Project, Ontario
|
September 15, 2008, Vancouver, BC -- Pacific North West Capital Corp. (PFN) (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J) is pleased to report that a deep penetrating UTEM 3 survey has been completed in a continuing program to evaluate the Ni-Cu potential of the Montcalm Intrusive south of the Montcalm Cu-Ni Mine an area not thoroughly evaluated in the past (see map). The geophysical survey covered a complex sequence of mafic and ultramafic intrusive rocks which are considered to be a favorable host for magmatic Ni-Cu deposits. The data is now being interpreted with the assistance of Xstrata Nickel to define drill targets. On completion of the data evaluation, potential conductors, selected as targets are anticipated to be drill tested in a winter drill program.
 The cost of the geophysical program was shared on a 50:50 basis with Xstrata Nickel. Subsequent drilling programs will be funded 100% by PFN, as part of its work commitment under the terms of the Option Agreement.
About Pacific North West Capital Corp.
Pacific North West Capital Corp. (TSX.PFN OTCBB.PAWEF Frankfurt.P7J) is a mineral exploration company focused on Platinum Group Metals (PGMs) 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, Stillwater Mining Company, Xstrata Nickel, First Nickel, Benton Resources and SOQUEM.
Pacific North West Capital Corp. has over $9 million in working capital and securities.
The Qualified Person for this release is John W. Londry, M.Sc, P. Geo, VP Exploration, Pacific North West Capital Corp.
|
On behalf of the Board of Directors
"Harry Barr"
Harry Barr, President & CEO
For further information, please contact our Investor Relations Department:
Toll Free 1.800.667.1870
Tel: +1.604.685.1870 Fax: +1.604.685.8045
Email: info@pfncapital.com,
Web: www.pfncapital.com
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3
| |
| | |
This email should not be construed as an offer to buy or sell securities of Pacific North West Capital Corp.
![]()
|
Pacific North West Capital Corp.
|
|
EXPLORATEUR |
|
CODE : PFN.TO |
|
ISIN : CA6949161070 |
|
|
| |
ProfilIndicateurs
de MarchéVALEUR :
Projets & res.Communiqués
de PresseRapport
annuelRISQUE :
Profile actifsContactez la cie |
Pacific NorthWest est une société basée au Canada. Pacific NorthWest détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont NIXON FORK en USA et GLITTER LAKE, RAGLAN HILLS, RIVER VALLEY, COLDWELL, SWAYZE, ROCK & ROLL, NICKEL PLATS et DESTINY GOLD au Canada. Pacific NorthWest est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 1,4 millions CA$ (1,3 millions US$, 927 314 €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2003 à 1,40 CA$, et son plus bas niveau récent le 13 janvier 2014 à 0,02 CA$. Pacific NorthWest possède 91 619 461 actions en circulation. |