🕐27.09.11 - 15:27 Uhr
PACIFIC NORTH WEST CAPITAL REPORTS MORE HIGH GRADE PALLADIUM, PLATINUM AND GOLD DRILLING INTERCEPTS AT ITS RIVER VALLEY PROJECT, SUDBURY, ONTARIO
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Re: News Releases - Tuesday, September 27, 2011
Pacific North West Capital Reports More High Grade Palladium,
Platinum and Gold Drilling Intercepts at its River Valley
Project, Sudbury, Ontario
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- Positive infill drill results in the Dana North Area include;
- 4.32 gpt Pd+Pt+Au over 9 metres in hole DN016
- Including 7.22 gpt* Pd+Pt+Au** over 4 metres
- 2.8 gpt Pd+Pt+Au over 27 metres in hole DN017
- Including 3.62 gpt Pd+Pt+Au over 12 metres
- 2.15 gpt Pd+Pt+Au over 19 metres in hole DN018
- Including 3.43 gpt Pd+Pt+Au over 5 metres
- Phase IC drilling is expected to be completed by the end of October
- Induced polarization survey along the possible extension of the
Dana North mineralized zone generated significant new targets for
follow up by additional drilling.
- Phase ID will be 2500 metres of drilling focused on testing the new
induced polarization targets
*gpt = grams per tonne
**Pd+Pt+Au= Pladium+ Platinum+Gold
September 27th , 2011, Vancouver, Canada -- Pacific North West Capital
Corp.
(TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is pleased to announce
assay results for five more drill holes in the 2011 Phase IB
Exploration program on its 100% owned River Valley PGM-Gold Property,
near Sudbury, Ontario (Figures 1-3; Table 1).
DN016 was drilled in the
Dana South Zone Area, where some infill and definition holes were
required.
Drill holes DN017 to DN020 were collared in the Dana North
Zone Area.
The results of DN016 are particularly important because the intercept
of 9 m grading 4.32 gpt palladium + platinum + gold (3E) infills an
approximately 70 metre gap between DN015 and DN014 (Figures 1-2), which
bodes well for adding high grade material to the mineral resource.
The Companys current drilling activities are focused on expanding
mineralization in the Dana North area and testing induced polarization
(IP) targets between the north boundary of the Breccia Zone and the
southern-most section of Dana North.
The targets were identified during
a three-dimensional (3D) IP survey performed from March to July 2011.
A
first draft of the geophysical interpretations has been completed and
final results are expected by the end of September.
Figure 2 is cross section DL-154 and shows a significant geophysical
target immediately to the east of DN016.
This exciting new target
warrants more drilling.
Later in the fall, following completion of
geophysical interpretation, drilling in the Dana North area will shift
to the new 3D IP targets.
Please click on the hyperlink to view entire news release from PFNs
website:
http://www.pfncapital.com/s/NewsReleases.asp?ReportID=482081
Pacific North West Capital Corp.
is an International Metals Group
Company
On behalf of the Board of Directors
"Harry Barr"
Harry Barr, Chairman & CEO
For further information, please contact our Investor Relations
Department at Toll Free 1-800-667-1870
The Toronto Stock Exchange has 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 Securities Commission and the
United States Securities & Exchange Commission
This email should not be construed as an offer to buy or sell
securities of Pacific North West Capital Corp.
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Copyright (c) 2011 PACIFIC NORTH WEST CAPITAL CORP.
(TSX:PFN -
OTCQX:PAWEF - FSE:P7J.F) All rights reserved.
For more information
visit our website at http://www.pfncapital.com/ or send
mailto:
Message sent on Tue Sep 27, 2011 at 5:49:05 AM Pacific Time
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