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Thursday, June 21, 2007
Pacific North West Capital Joins Benton and Teck in Search for Nickel in Labrador PFN Finalizing 1st 100% owned Nickel Project, adjacent to Benton's King Lake Project, Labrador
June 21, 2007, St. Johns, NF -- Pacific North West Capital Corp. is pleased to announce that as part of its ongoing aggressive Platinum Group Metal and Nickel acquisition program, PFN is finalizing a series of new Nickel acquisitions in the province of Newfoundland and Labrador. Management believes that the province of Labrador and Newfoundland has untapped mineral potential and is under explored. Utilizing new mining exploration technologies which have been enhanced significantly in the last 10 years, Labrador has undiscovered potential for the discovery of new world class deposits similar to CVRD Inco Limited's Voisey's Bay copper-nickel deposit. Benton Resources and its partner Teck Cominco (the "Companies" ) are exploring the King Lake Nickel Project which is hosts to numerous high grade Nickel Copper showings (grab samples) that have returned up to 6.8% Cu & 1.9 % Ni Source: Benton Resources press releases June 7, 2007). The companies have recently completed airborne geophysical survey which located and outlined several new electromagnetic anomalies. PFN's management is currently finalizing its plans for its Phase One exploration program on this project. Updates on the progress of this project will be forthcoming. Click on the following hyperlink to view entire release http://www.pfncapital.com/i/pdf/062107PFN.pdf
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