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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM

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To: Chuca Marsh who wrote (8610)	6/15/1999 6:03:00 PM
From: John E.Quinn	Read Replies (1) of 11603

Hi Chuca; Pacific North West Capital Corporation (PFN.Ase)did have the option on the Big Trout Lake property.The option was dropped so as to concentrate exploration efforts on the Sudbury District properties. A drill program was recently completed on the Janes Twp.property located 50 km northeast of Sudbury results of which were published June 3rd.Further drilling is to be carried out on this Nipissing Diabase as well as on the River Valley Intrusion approx. 6 to 10 km to the east. PFN is also close to signing an agreement with a large international platinum/palladium producer."Negotiations which, when concluded successfully,should result in it's current programs in the Sudbury District being greatly expanded." A news release is expected today or tomorrow with additional assays and exploration update. PFN Silicone Investor thread - Subject 23221 PFN Website : augoldgroup.com Regards : John

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