The River Valley Intrusion Message Board

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Gold/Mining/Energy : The River Valley Intrusion

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To: Condor who started this subject	1/18/2001 11:00:58 PM
From: Condor	of 36

Pacific North West Capital Corp PFN Shares issued 16,175,375 Jan 17 close $0.80 Thu 18 Jan 2001 News Release Mr. Harry Barr reports A two-drill rig diamond drilling program will commence on the River Valley, Sudbury, Ont., palladium-platinum group metal (PGM) property on Feb. 4, 2001. The 11,000-metre program will consist of approximately 60 drill holes and is expected to be completed by the end of June. The $2-million program is financed by Anglo American Platinum Corp. Ltd., the largest PGM producer in the world. Anglo American PLC holds a majority interest in Anglo Platinum. The current price of palladium is $1,025 (U.S.) and platinum is $603 (U.S.). Currently, Pacific North West Capital (PFN) has eight projects located within 50 miles of two large smelters in the Sudbury mining district, Ontario. PFN has working capital of approximately $2.5-million and is an industry leader in the exploration and development of platinum group metals in Canada. (c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com

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