🕐27.04.11 - 20:00 Uhr
NEW NI43-101 RESOURCE ON THE ROCK & ROLL GOLD-SILVER-POLYMETALLIC PROJECT, S
IGNIFICANTLY INCREASES HISTORIC RESOURCE
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Re: News Releases - Wednesday, April 27, 2011
New NI43-101 Resource on the Rock & Roll Gold-Silver-Polymetallic
Project, Significantly increases Historic Resource
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- New NI43-101 Technical significantly increases historic resource
- Indicated Resource:
- 2,155,679 tonnes grading 0.68 g/t gold (47,040 contained oz of
Au), and 82.7 g/t silver (5,734,445 contained oz of Ag) at a cut-off
grade of 0.5 g/t AuEq
- including 0.22% Copper (10,500,833 lbs Cu), 0.22% Lead
(10,399,960 lbs Pb), and 0.94% Zinc (44,522,995 lbs Zn)
- The Black Dog Deposit is a part of a larger area that includes the
SRV Zone hosting precious metal-rich volcanogenic sulphide (VMS)
mineralization
- Mineralized occurrences display similarities to Eskay Creek
- Aggressive 2011/12 exploration program slated to expand resource
and drill test new areas
April 27, 2011, Vancouver, BC -- Pacific North West Capital Corp.
("PFN") TSX: PFN; OTCQX: PAWEF; FSE: P7J is pleased to announce the
Completion of an NI43-101 Technical Report (the Report), including a
new Mineral Resource Estimate for the Black Dog Deposit, on the Rock
and Roll Gold-Silver-Polymetallic Project, located in Northern BC.
This
report will be posted to SEDAR within 45 days of this News Release.
The
Report was prepared by Equity Exploration Consultants Ltd.
(Equity) and
GeoVector Management Inc.
(GeoVector).
The resource was estimated by
Geovector Management Inc.
(Geovector) and incorporated the mineralized
zones of the historic drill core and the 540 metres (1772 ft) of the 5
diamond drill holes that were completed by PFN in 2009/2010.
Through
this work, PFN significantly increased the resources contained within
the Black dog deposit over the previous resource estimate, completed
prior to the implementation of the NI 43-101 standards of disclosure.
Please click on the hyperlink below to view entire news release:
http://www.pfncapital.com/s/NewsReleases.asp?ReportID=453500
Pacific North West Capital is a member of the International Metals
Group of
Companies.
http://www.internationalmetalsgroup.com
On behalf of the Board of Directors
"Harry Barr"
Harry Barr, President & CEO
**************************************************************
For further information, please contact our Investor Relations
Department at Toll Free 1-800-667-1870
The Toronto Stock Exchange have not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
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 Companys expectations are
disclosed in the Companys documents filed from time to time with The
Toronto Stock Exchange, British Columbia.
Not to be construed as an
offer to buy or sell securities of this company.
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Copyright (c) 2011 PACIFIC NORTH WEST CAPITAL CORP.
(TSX:PFN -
OTCBB:PAWEF) All rights reserved.
For more information visit our
website at http://www.pfncapital.com/ or send
mailto:
Message sent on Wed Apr 27, 2011 at 5:39:35 AM Pacific Time
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