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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Flatreef Discovery Expands to 29.2 Million Ounces of Platinum, Palladium, Rhodium and Gold in Indicated Mineral Resources

Category : Stocks

Additional 44.0 Million Ounces in Inferred Mineral Resources, at a 2.0 g/t 4PE Cutoff

Flatreef averages 24 metres in true thickness and is potentially amenable to large-scale, mechanized underground mining

Indicated and Inferred Resources also include substantial nickel and copper credits

Flatreef mineralization remains open for expansion, with approximately 37.5 square kilometres of property untested

Read more: Flatreef Discovery Expands to 29.2 Million Ounces of Platinum, Palladium, Rhodium and Gold in Indicated Mineral Resources

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Pacific North West Capital Corp. (PAWEF: OTC Link/FINRA BB) | Pacific North West Capital Update on Metallurgical Studies for River Valley PGM Project near Sudbury, Ontario

Category : Stocks

Vancouver, British Columbia, October 12, 2012 – Further to the announcement dated July 24, 2012 the assay results from the two metallurgical holes that were drilled in the Dana Area are illustrated in Table 1 below:

Table 1. Metallurgical Drill Hole Intersections

*PdEq=((Au grade*$Au*0.03215)+(Pt grade*$Pt*0.03215)+(Pd grade*$Pd*0.03215)+(Ni grade*$Ni*22.046)+(Cu grade*$Cu*22.046)) /($Pd*0.03215)
where $Au US$1271/oz, $Pt = US$1885/oz, $Pd = US$896/oz/, $Ni = US$9.74/lb, $Cu = US$3.00/lb
Two diamond drill holes were drilled inside the River Valley deposit (Table 2); one at Dana North and the other 600 metres to the south at Dana South (Figure 1). The holes were planned to validate the geological models and maximize amount of mineralized sample material for the metallurgical test-work study. Dana North and Dana South were selected for drill sampling because they are the most accessible and best understood of the eight known PGM mineralized zones, and therefore the likely starting location of any potential mining operation at River Valley. The hole at Dana North was drilled for 300 metres obliquely down-dip where the zone shows a consistent orientation laterally. The Dana South hole was drilled vertically for 300 metres in deference to its relatively more irregular orientation laterally.

The two drill holes each intersected PGM mineralization throughout their entire length (Table 1). Dana North hole DNZ2012-MET1 intersected 298 metres grading 1.9 g/t Pd+Pt+Au, 0.125% copper and 0.024% (i.e., 2.9 g/t PdEq) nickel from 2 metres down-hole. This long intersection included: 23 metres grading 2.5 g/t Pd+Pt+Au, 0.151% copper and 0.033% nickel from 126 metres down hole (i.e., 3.8 g/t PdEq); and 144 metres grading 2.6 g/t Pd+Pt+Au, 0.156% copper and 0.028% nickel (i.e., 3.9 g/t PdEq) from 156 metres down hole. The hole ended in PGM mineralization.

Dana South hole DSZ2012-MET1 intersected 299 metres grading 1.2 g/t Pd+Pt+Au, 0.076% copper and 0.016% nickel (i.e., 1.9 g/t PdEq) from 1 metre down hole (Table 2). This intersection included: 1) 46 metres grading 2.8 g/t Pd+Pt+Au, 0.168% copper and 0.031% nickel (i.e., 4.2 g/t PdEq) from 1 metre down hole; and 2) 90 metres grading 1.8 g/t Pd+Pt+Au, 0.096% copper and 0.018% nickel (i.e., 2.6 g/t PdEq) from 149 metres down hole. Lithologically the Dana South hole intersected more rock types than the Dana North hole, but it also ended in PGM mineralization.

Each hole provided approximately 700 kg of core material, allowing for: 1) extensive test work on a single composite sample from each zone plus an overall composite sample of the two zones; and 2) comprehensive assaying and QEMSCAN studies to follow the PGM during the test work.

The holes were drilled in July 2012 using a single drill rig operated by Major Drilling. After logging, each of the drill cores was cut into equal halves with a diamond saw. Half of the core was sent to SGS Canada Inc.’s processing facilities at Lakefield, Ontario for the metallurgical testwork. The remaining half was cut into equal halves, one of which was kept in storage for reference and the other half sampled at 1 metre intervals and shipped to SGS Canada Inc for sample preparation and assay. In total, 567 samples from the two drill holes were assayed (plus 63 QAQC samples).

The metallurgical testwork samples were received by SGS Lakefield in early August. A total weight of 713 kg was received for the Dana North hole and 710 kg for the Dana South hole. Composite samples for each of the holes (Dana North and Dana South) and for both holes (Dana North plus Dana South) were prepared, for a total of three samples. The prepared composite samples are stored in freezer storage.

Mr. Al Hayden, P.Eng. and Associate of NordPro Mine & Project Management Services (Thunder Bay) has been hired by PFN as its metallurgical consultant to supervise the study and review results. The test program is slated to be completed by the end of this year.

Bill Stone, President & COO of PFN commented: “Over the next 6 months we plan to advance the River Valley Project by continuing the metallurgical work required for Preliminary Economic Assessment level studies, while concurrently continuing exploration of our large and highly prospective landholdings around the deposit. PFN considers River Valley to be a highly prospective property with excellent potential for the discovery of additional significant PGM and nickel-copper mineralization”.

PFN has 100% ownership of the River Valley PGM Project and is currently seeking a strategic joint venture partner for the Project. Additional information on the River Valley Project, and all PFN’s properties, is available on the Company’s website (www.pfncapital.com).

Table 2. Collar Location, Orientation and Length of the 2012 Metallurgical Drill Holes
Note: Easting and Northing coordinates NAD83 Zone 17N

Figure 1. Geological map showing the collar locations of the two diamond holes drilled at Dana North and at Dana South for for sample material for the metallurgical testwork study by SGS Canada Inc.

About River Valley Project

In January 2011, Pacific North West Capital Corp. successfully negotiated the 100% acquisition of the River Valley PGM Project from Anglo Platinum Limited. The River Valley Project is one of the largest undeveloped primary PGM Projects in North America. The project has excellent infrastructure support and is located 100 km from the city of Sudbury, Ontario, Canada’s largest nickel‐copper‐PGM mining and metal recovery centre.

The NI43-101 compliant mineral resources for the River Valley Project effective May 1, 2012 are as follows:

Notes to Mineral Resources in above table

  1. The mineral resource estimates in this press release use the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by CIM Standing Committee on Reserve Definitions and adopted by CIM Council on November 27, 2010. The mineral resource estimates provided in this report are classified as “measured”, “indicated”, or “inferred” as defined by CIM. According to the CIM definitions, a Mineral Resource must be potentially economic in that it must be “in such form and quantity and of such grade or quality that it has reasonable prospects for economic extraction”.
  2. For the River Valley project, a palladium equivalent (PdEq) cut-off grade was assigned based on economic assumptions from comparisons to other projects, and was used in the resource estimations. Resources reported in this press release use a cut-off of 0.80 g/t PdEq. Grades have assumed 100% recoveries. The parameters used to generate the PdEq value are provided below:
    PdEq=( (Au grade*$Au*Factor1)+(Pt grade*$Pt*Factor1)+(Pd grade*$Pd*Factor1)+(Ni grade*$Ni*Factor2)+(Cu grade*$Cu*Factor2) +(Co grade*$Co*Factor3))/ (Au = US$1271 per oz.
    $Pt = US$1885 per oz.
    $Pd = US$896 per oz.
    $Ni = US$ 9.74 per lb.
    $Cu = US$3.00 per lb.
    $Co = US$15.90 per lb.
    Factor1 = 0.0321508 (converts ounce per tonne to grams per tonne)
    Factor2 = 22.04622 (converts pounds to grade percent)
    Factor3 = 0.002205 (converts pounds to ppm)
  3. The mineral resources were estimated using a block model with parent blocks of 10m x 10m x 5m and using ordinary kriging (OK) methods for grade estimation. A total of eight individual mineralized domains were identified. The determination technique of the mineral resource is based on the combination of geological modelling, geostatistics and conventional block modelling using the OK method of grade interpolation. The block model resource estimate prepared by the Tetra Tech, was based on more than 96,980 metres of diamond drilling in 462 diamond drill holes. The assay data was reviewed and a composite interval of 2.0 metres was used.
  4. Statistical and Variogram analyses were performed to determine the “nugget effect”.
  5. Rhodium grades were not estimated by the OK methodology. Rhodium values were determined using a regression formula based on the platinum and palladium grades. Rhodium values are not incorporated into the PdEq value. The PdEq value also does not include silver.
  6. The QAQC protocols and corresponding sample preparation and shipment procedures for the River Valley Project have been reviewed and approved by Tetra Tech.
  7. The NI43‐101 compliant technical report was filed on SEDAR June 14, 2012


Figure 2. Distribution of the NI43-101 compliant mineral resources on the River Valley PGM Project.

Qualified Person Statement

This news release has been reviewed and approved for technical content by Dr. William Stone, President & COO of PFN, a Qualified Person under the provisions of National Instrument 43-101.

About Pacific North West Capital Corp.

PFN is a mineral exploration company whose philosophy is to be a project generator, explorer and project operator in order to option-joint venture its projects through to production. PFN is focused on the discovery, exploration and development of PGM and nickel‐copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company’s key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. PFN also has PGM and nickel‐copper projects and properties in northwest Ontario, Saskatchewan, and Alaska. The Company continues to evaluate PGM and nickel‐copper properties and projects in North America for potential acquisition opportunities.

Please send requests for further information to:

Harry Barr Chairman & CEO
Pacific North West Capital Corp.
Tel: 604-685-1870
Email: hbarr@pfncapital.com

Bill Stone President & COO
Pacific North West Capital Corp.
Tel: 416-368-5268
Email: bstone@pfncapital.com

On behalf of the Board of Directors

Harry Barr
Chairman and CEO

Disclaimer: Neither the TSX nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements: Certain information presented, including discussions of future plans and operations, contains forward-looking statements involving substantial known and unknown risks and uncertainties. These forward-looking statements are subject to risk and uncertainty, many of which are beyond control of company management. These may include, but are not limited to the influence of general economic conditions, industry conditions, fluctuations of commodity prices and foreign exchange rate conditions, prices, rates, environmental risk, industry competition, availability of qualified staff and management, stock market volatility, timely and cost effective access to sufficient working capital or financing from internal and external sources. Actual results, performance, or achievements may differ materially from those expressed or implied by these forward looking statements.

Visit link: Pacific North West Capital Corp. (PAWEF: OTC Link/FINRA BB) | Pacific North West Capital Update on Metallurgical Studies for River Valley PGM Project near Sudbury, Ontario

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Prophecy Platinum Corp. (PNIKF: OTC Link) | Prophecy Reports Multiple Massive Sulphide Intercepts, Best Hole Includes 44 Metres Grading 0.47% Cu, 0.24% Ni, & 1.03 g/t PGM+Au Within 268 Metres of 0.52% NiEq

Category : Stocks, World News

ProphecyPlatinum Corp. (“Prophecy” or the “Company”) (TSX-V: NKL, OTC-QX: PNIKF,Frankfurt: P94P) ispleased to announce further results of its 2012 drill program on the Company’s100% owned Wellgreen PGM-Ni-Cu Project, located in the southwestern part ofYukon, Canada.

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BHP in $3.3bn writedown on assets

Category : Business, World News

Miner BHP Billiton announces writedowns in shale gas and nickel assets of $3.3bn (£2.1bn) and says its chief executive will forgo his 2012 bonus.

Continued here: BHP in $3.3bn writedown on assets

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Anfield Provides Clarity Regarding Mining Reform News From Guatemala

Category : Stocks

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 28, 2012) - Anfield Nickel Corp. (TSX VENTURE:ANF) (“Anfield”) today wishes to clarify recent media reports regarding proposed mining law reforms in Guatemala.

View original post here: Anfield Provides Clarity Regarding Mining Reform News From Guatemala

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Cliffs Refuses to Provide First Point with Key Data on Decar Project

Category : Stocks, World News

VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 5, 2012) - First Point Minerals Corp. (TSX VENTURE:FPX) (“First Point” or the “Company”) announces that it has served notice of arbitration on Cliffs Natural Resources Exploration Canada Inc. and Cliffs Natural Resources Exploration Inc. (collectively “Cliffs”) over Cliffs’ refusal to provide First Point with information prepared by their consultants with respect to the Decar Nickel-Iron Alloy Project in British Columbia.

See the article here: Cliffs Refuses to Provide First Point with Key Data on Decar Project

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Pacific North West Capital Corp. (PAWEF: OTC Link/FINRA BB) | Pacific North West Capital Corp. Options Glitter Lake Property, Quebec

Category : World News

May 2, 2012, Vancouver, BC — Pacific North West Capital Corp. (“PFN” or the “Company”) (TSX: “PFN”; OTCQX: PAWEF; Frankfurt: P7J) is pleased to announce that it has entered into an agreement with El Condor Minerals Inc. (“El Condor”) (TSX.V: LCO) to which El Condor has the option to earn a 100% interest in the Glitter Lake Property in the James Bay lowlands region of Quebec.

El Condor can earn a 100% interest in the Property by paying an initial $50,000 and issuing 350,000 common shares to PFN upon regulatory approval of the Agreement, by making additional cash payments totaling $100,000 and issuing an additional 650,000 common shares of El Condor to the Company on or before the second anniversary of the Agreement, and by maintaining the Glitter Lake Claims in good standing for the 2-year term of the Agreement. A 2% net smelter return royalty has been granted to the Company, of which 1% may be purchased by El Condor for $1,000,000. The Property is also subject to a pre-existing aggregate 2% royalty payable to various royalty holders. The Agreement is subject to regulatory approval.

About Pacific North West Capital Corp:

PFN is a mineral exploration company whose philosophy is to be a project generator, explorer and project operator in order to option/joint venture its projects through to production. PFN is focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company’s key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. PFN also has PGM and nickel-copper projects and properties in northwest Ontario, Quebec, Saskatchewan, and Alaska, and an option to joint venture a base metal project in northwestern BC’s Golden Triangle region. The Company continues to evaluate PGM and nickel-copper properties and projects in North America for potential acquisition opportunities.

On behalf of the Board of Directors

“Harry Barr”

Harry Barr
Chairman and CEO

Disclaimer: 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.

Read more from the original source: Pacific North West Capital Corp. (PAWEF: OTC Link/FINRA BB) | Pacific North West Capital Corp. Options Glitter Lake Property, Quebec

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Pacific North West Capital Corp. (PAWEF: OTC Link/FINRA BB) | Pacific North West Capital Announces 2.5 million ounces PGM+Gold Measured and Indicated Resources for its 100% Owned River Valley Project, Sudbury, Ontario

Category : World News

  • River Valley Measured + Indicated resources: 91 million tonnes @ 0.58 g/t* palladium, 0.22 g/t platinum, 0.04 g/t gold at a cut-off grade of 0.8 g/t PdEq** for 2,463,000 ounces PGM*** plus gold
  • River Valley Inferred resources: 36 million tonnes @ 0.36 g/t palladium, 0.14 g/t platinum, 0.03 g/t gold at a cut-off grade of 0.8 g/t PdEq for 614,000 ounces PGM plus gold
  • On a PdEq basis, the Measured + Indicated resources contain 3,944,000 ounces PdEq and the Inferred resources contain 1,201,000 ounces PdEq
  • River Valley PGM-copper-nickel sulphide mineralized zones remain open to expansion with continued exploration

* g/t= grams per tonne, **PdEq = palladium equivalent, *** PGM=Platinum Group Metals

May 1st, 2012, Vancouver, BC — Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is very pleased to announce that the estimated NI43-101 compliant Measured and Indicated mineral resources at a cut-off grade of 0.80 g/t PdEq have increased by >400% from the previous NI43-101 compliant mineral resource estimate (May 2006) to 91,339,500 tonnes grading 0.84 g/t Pd+Pt+Au, 0.06% copper, and 0.02% nickel. The compliant Inferred mineral resources have increased by >1000% to 35,911,000 Mt grading 0.53 g/t Pd+Pt+Au, 0.06% copper, and 0.03% nickel. The River Valley PGM Project is located 100 km from the world-renown Sudbury Ni-Cu-PGM Mining Camp, has excellent infrastructure support, and is 100% owned by PFN.

Detailed Results

The detailed results of the new mineral resources estimate for the River Valley PGM Project are presented in Table 1. This NI43-101 compliant mineral resource estimate was completed by Tetra Tech, Sudbury. The new estimate incorporates the 13,140 metres in 46 holes drilled in the Dana North and Dana South Zones since the May 2006 estimate. All 462 holes were drilled at a sectional spacing of 25 metres to 100 metres on the eight separate mineralized zones shown in Figure 1.

Dr. William Stone, President & COO, comments, “The large increase in the estimated mineral resources confirms that River Valley is one of the largest undeveloped primary PGM Projects in North America. The strategy of including all the mineralized zones and the full value of the metal suite in the mineral resource estimation produced a very positive result. It greatly increases PFN’s confidence in River Valley as the project is advanced toward a Preliminary Economic Assessment Study. The Company plans to further expand the PGM resources and to discover new resources with more drilling at the River Valley Project and its adjacent properties.”

The mineral resources were estimated using Datamine Studio3(c) software and are reported at a cut-off grade of 0.8 g/t PdEq (Table 1). The 0.8 g/t PdEq cut-off was used pending future assessment of the economics and development potential of River Valley as an open pit mining project. The Company considers the 0.8 g/t cut-off value to be appropriate because: 1) the PdEq grade is 1.38 g/t for Measured and Indicated and 1.07 g/t for Inferred resources; and 2) rhodium and silver are not included in the PdEq calculation. The mineral resources are listed at a range of PdEq cut-off values in Table 2.

Comparisons are made above to the previous NI43-101 compliant River Valley mineral resource estimate of May 2006 (Technical Report by GeoSIMS available on PFN’s SEDAR profile at www.sedar.com and on the Company’s website). The large increase in the mineral resources reported herein is explained by the combined effects of: 1) incorporation of the 2011 resource drilling results; 2) inclusion of three mineralized zones that were previously overlooked (Figure 1); 3) use of PdEq rather than Pd+Pt cut-off grades; and 4) use of a length-weighted average Specific Gravity value of 2.94 measured for River Valley rather than the previous value of 2.89.

Figure 1. Location of the eight mineralized zones in the Breccia Unit at the base of the River Valley Intrusion, Sudbury area, Ontario. The Banshee, Azen and Razor PGM-Cu-Ni mineralized zones were not included in the previous NI43-101 compliant mineral resource estimation (May 2006).

Harry Barr, Chairman & CEO, states, “In only one year since regaining 100% ownership of the River Valley PGM Project, I want to congratulate our team for completion of a major milestone by delivering a very positive resource statement. Our aggressive exploration and development strategy aims to unlock the true potential of River Valley. Going forward, our plans are to continue exploration to expand the resource, drill test new targets, and complete a preliminary economic assessment in the next 2 years.”

Table 1. NI43-101 Compliant Mineral Resources for the River Valley PGM Project, Sudbury, Ontario

Click to enlarge

Notes to Mineral Resources in Table 1

  1. The mineral resource estimates in this press release use the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by CIM Standing Committee on Reserve Definitions and adopted by CIM Council on November 27, 2010. The mineral resource estimates provided in this report are classified as “measured”, “indicated”, or “inferred” as defined by CIM. According to the CIM definitions, a Mineral Resource must be potentially economic in that it must be “in such form and quantity and of such grade or quality that it has reasonable prospects for economic extraction”.
  2. For the River Valley project, a palladium equivalent (PdEq) cut-off grade was assigned based on economic assumptions from comparisons to other projects, and was used in the resource estimations. Resources reported in this press release use a cut-off of 0.80 g/t PdEq. Grades have assumed 100% recoveries. The parameters used to generate the PdEq value are provided below:

    PdEq=( (Au grade*$Au*Factor1)+(Pt grade*$Pt*Factor1)+(Pd grade*$Pd*Factor1)+(Ni grade*$Ni*Factor2)+(Cu grade*$Cu*Factor2) +(Co grade*Pd*Factor1)

    $Au = US$1271 per oz.
    $Pt = US$1885 per oz.
    $Pd = US$896 per oz.
    $Ni = US$ 9.74 per lb.
    $Cu = US$3.00 per lb.
    $Co = US$15.90 per lb.
    Factor1 = 0.0321508 (converts ounce per tonne to grams per tonne)
    Factor2 = 22.04622 (converts pounds to grade percent)
    Factor3 = 0.002205 (converts pounds to ppm)

  3. The mineral resources were estimated using a block model with parent blocks of 10m x 10m x 5m and using ordinary kriging (OK) methods for grade estimation. A total of eight individual mineralized domains were identified. The determination technique of the mineral resource is based on the combination of geological modelling, geostatistics and conventional block modelling using the OK method of grade interpolation. The block model resource estimate prepared by the Tetra Tech, was based on more than 96,980 metres of diamond drilling in 462 diamond drill holes. The assay data was reviewed and a composite interval of 2.0 metres was used. Statistical and Variogram analyses were performed to determine the “nugget effect”.
  4. Rhodium grades were not estimated by the OK methodology. Rhodium values were determined using a regression formula based on the platinum and palladium grades. Rhodium values are not incorporated into the PdEq value. The PdEq value also does not include silver.
  5. The QAQC protocols and corresponding sample preparation and shipment procedures for the River Valley Project have been reviewed and approved by Tetra Tech.
  6. An NI43-101 compliant technical report will be filed on SEDAR within 45 days.
Table 2. River Valley Resource Tonnage at Selected PdEq Cut-Off Grades

Click to enlarge

Qualified Persons Statement

The mineral resource estimate was prepared by Tetra Tech of Sudbury, Ontario under the supervision of Todd McCracken, Principal Geologist. Mr. McCracken is an independent qualified person as defined by NI43-101. The effective date of the resource is May 1st, 2012.

The quality control, technical information and all aspects of the 2011 exploration program were supervised by Ali Hassanalizadeh, Vice President, Exploration of PFN and a Qualified Person under NI43-101. The information in this release was prepared under the direction of Dr. William Stone, President & COO of PFN and a Qualified Person as defined by NI43-101.

About River Valley Project

In January 2011, Pacific North West Capital Corp. successfully negotiated the 100% acquisition of the River Valley PGM Project from Anglo Platinum Limited. The River Valley Project is one of North America’s most advanced primary PGM deposits. The project has excellent infrastructure support and is located 100 km from the city of Sudbury, Ontario, Canada’s largest nickel-copper-PGM mining and metal recovery centre.

About Pacific North West Capital Corp

PFN is a mineral exploration company whose philosophy is to be a project generator, explorer and project operator in order to option/joint venture its projects through to production. PFN is focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company’s key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. PFN also has PGM and nickel-copper projects and properties in northwest Ontario, Saskatchewan, and Alaska, and an option to joint venture a base metal project in northwestern BC’s Golden Triangle region. The Company continues to evaluate PGM and nickel-copper properties and projects in North America for potential acquisition opportunities.

For further information, please visit PFN’s website at www.pfncapital.com or send requests to:

Harry Barr
Chairman & CEO
Pacific North West Capital Corp.
Tel: 604-685-1870
Email: hbarr@pfncapital.com

Bill Stone
President & COO
Pacific North West Capital Corp.
Tel: 416-368-5268
Email: bstone@pfncapital.com

On behalf of the Board of Directors

Harry Barr
Chairman and CEO

Disclaimer: 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.

Read the original: Pacific North West Capital Corp. (PAWEF: OTC Link/FINRA BB) | Pacific North West Capital Announces 2.5 million ounces PGM+Gold Measured and Indicated Resources for its 100% Owned River Valley Project, Sudbury, Ontario

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57% How to Grow a Band

Category : Entertainment, World News

In How to Grow a Band, 26-year-old Chris Thile is at a crossroads. His marriage has ended, and his platinum-selling band, Nickel Creek, has gone on “indefinite hiatus.” But Thile, a perfectionist prodigy who’s defied expectations since he learned the…

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Steelworkers union says fallen miner warned Vale in email

Category : World News

A report following an eight-month investigation by Steelworkers Local 6500 alleges nickel mining giant Vale failed to take all reasonable steps to prevent the deaths of two miners in Sudbury, Ont.

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