🕐13.10.11 - 16:27 Uhr
EXCELLENT DRILL RESULTS CONTINUE AT PACIFIC NORTH WEST CAPITALS RIVER VALLEY PLA TINUM GROUP METALS PROJECT, SUDBURY, ONTARIO
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Re: News Releases - Thursday, October 13, 2011
Excellent Drill Results Continue at Pacific North West Capitals
River Valley Platinum Group Metals Project, Sudbury, Ontario
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.
Positive infill drill results in the Dana North Area include;
.2.47 gpt Pd+Pt+Au over 35 metres in hole DN021
- Including 5.06 gpt* Pd+Pt+Au** over 6 metres
- Including 3.12 gpt* Pd+Pt+Au** over 5 metres
.2.57 gpt Pd+Pt+Au over 35 metres in hole DN022
- Including 3.20 gpt Pd+Pt+Au over 4 metres
- Including 2.71gpt* Pd+Pt+Au** over 10 metres
.3.18 gpt Pd+Pt+Au over 42 metres in hole DN023
- Including 3.43 gpt Pd+Pt+Au over 11 metres
.2.88 gpt Pd+Pt+Au over 12 metres in hole DN024
- Including 3.97 gpt Pd+Pt+Au over 6 metres
.
Infill drilling is now completed and the Companys current drilling
activities are focused on expanding mineralization and testing new
targets.
.
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
October 13Th , 2011, Vancouver, BC -- 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).
Significant intercepts are reported below:
Hole DN021: This hole was drilled in the Dana North Area, on Section
5+50E where some infill holes were required.
A wide mineralized Breccia Zone intersection reports as 265.8 metres
from 114 to 379.8 metres.
Significant mineralization within this wide
breccia zone intersects 35 metres from 214 to 249 metres at 2.47 gpt
3E.
This interval includes 6 metres from 216 to 222 metres at 5.06 gpt 3E
and 5 metres from 226 to 231 metres at 3.12 gpt 3E.
Significant mineralization occurs again at deeper depths; The Hole
DN021 intersection returned a significant intercept of 19 metres from
304 metres at 2.01 gpt 3E.
This intercept is followed by an 8 metres
mineralized breccia from 331 metres to 339 metres at 2.39 gpt 3E.
Hole DN022: Drill Hole DN022 (-51) was collared at the same setup as
DN021 (-60), and drilled to the east to test the shallower extension
of the mineralized zone.
Hole DN022, intersected 35 metres from 214 to 249 metres at 2.57 gpt
3E, including 4 metres from 199 to 203 metres at 3.20 gpt 3E and 10
metres from 208 to 218 metres at 2.71 gpt 3E.
Please click on the hyperlink to view entire news release from PFNs
website:
http://www.pfncapital.com/s/NewsReleases.asp?ReportID=484917
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 Thu Oct 13, 2011 at 6:28:47 AM Pacific Time
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