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Just
Released Novermber 5, 2007
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Phase 9B $525,000 Exploration Budget on River Valley
River Valley Platinum Group Metals Project, Sudbury, Ontario
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November 5, 2007, Vancouver, BC -- Pacific North West Capital Corp. (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J)
is pleased to report that a Phase 9B $525,000 budget for continued evaluation of the Interior River Valley Intrusive (RVI) has been approved for the River Valley PGM Project by joint venture partner Anglo Platinum Limited ("Anglo Platinum"); the world's largest primary producer of platinum. The River Valley Project, located near Sudbury, Ontario. Further ground sampling, stripping, channelling and continued evaluation on the Interior RV intrusive will
begin immediately to evaluate the mineral potential on PGM zones identified in the 2006 mapping and prospecting programs.
The objective of the programs is to define the new PGM mineralization that could expand the potential of the project. These new areas appear to be reflected by geophysical (magnetic and IP) responses within the RVI.
The River Valley PGM Project is Joint Ventured 50/50 with Anglo Platinum Limited ("Anglo Platinum"), the world's largest primary producer of platinum. Anglo Platinum has committed over C$20 million to the River Valley Project to date and may earn a 60% interest in the project by completing a feasibility study and a 65% interest by funding it through to production.
To view entire news release and location map, please click HERE
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EXPLORATEUR |
CODE : PFN.TO |
ISIN : CA6949161070 |
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Pacific NorthWest est une société basée au Canada. Pacific NorthWest détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont NIXON FORK en USA et GLITTER LAKE, RAGLAN HILLS, RIVER VALLEY, COLDWELL, SWAYZE, ROCK & ROLL, NICKEL PLATS et DESTINY GOLD au Canada. Pacific NorthWest est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 711 633 (655 983 US$, 480 180 €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2003 à 1,40 , et son plus bas niveau récent le 13 janvier 2014 à 0,02 . Pacific NorthWest possède 47 442 200 actions en circulation. |