🕐22.06.11 - 18:27 Uhr
FIRST EIGHT HOLES AT RIVER VALLEY PLATINUM GROUP METALS PROJECT, SUDBURY, ONTARI
O INTERSECT SIGNIFICANT VALUES 1.65 GPT (0.05 OPT), 3E* OVER 46 M (150.9 FEET) IN DN007-2011
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Re: News Releases - Wednesday, June 22, 2011
First Eight Holes At River Valley Platinum Group Metals Project,
Sudbury, Ontario Intersect Significant Values 1.65 gpt (0.05
opt), 3E* over 46 m (150.9 feet) in DN007-2011
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- Significant Platinum Group Metals (PGM) values continue to be
intersected in River Valley, one of North Americas newest and largest
standalone PGM Projects.
- Advance Stage Exploration and Development Project.
- 2nd Phase of 15,500 meter $5 Million 3D IP Geophysical Exploration
Program initiated
- Ground Proofing of new Targets now in progress
- Results of drill hole DN007 and DN008:
- 1.65 gpt,( 0.05 opt), 3E over 46 metres ( 150.9 ft) in hole
DN007-2011
- including 1.95 gpt,(0.06 opt), 3E 23 m (75.4.7ft)
- including 2.36 gpt (0.08 opt), 3E over 2m (6.6ft)
- including 1.97 gpt (0.06 opt), 3E over 3m (9.8 ft)
- 3.28 gpt,( 0.11opt), 3E* over 8 metres (26.2 ft) in hole
DN008-2011
- including 4.45 gpt, (0.14 opt ), 3E over 5m (16.4ft)
*3E=Pt+Pd+Au
June 22 2011 Vancouver, Canada.
Pacific North West Capital Corp.
("PFN") (TSX: PFN; OTCQX: PAWEF; FSE: P7J) reports mineralization
intersections from holes DN007-2011 and DN008-2011 of the 15 holes
completed to date from the 2011 Phase IA drill program in the Dana Area
of the Companys 100% owned River Valley Platinum Group Metals (PGM)
Project near Sudbury, Ontario.
Drill Holes DN007 and DN008 were completed to test the shallower
sections of the Breccia Zone on section 10450 and were, collared at the
same section as Holes DN005 & 6-2011(figures 1 and 2).
DN005-2011 to DN008-2011 continue to expand the known mineralization
and confirm the presence of higher-grade sulphide-associated PGM
(Pt+Pd+Au) values that occur within a broad lower-grade mineralization
envelope.
Please click on the hyperlink below to view entire news release:
http://www.pfncapital.com/s/NewsReleases.asp?ReportID=463456
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 Jun 22, 2011 at 8:12:35 AM Pacific Time
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