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Gold/Mining/Energy : Flag Resources (FGR.A A)
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To: ali who wrote (2323)2/19/2000 10:39:00 PM
From: Berry Picker  Read Replies (1) of 4269
 
Thanx Ali that is the only Hawaii I can afford right now :-}

PFN had some promising results but not yet economic ( I don't think ) at $700 an ounce who knows anymore???

------------------------------------------------------------

Pacific North West Capital Corp -
Pacific Northwest Janes property drilling results
Pacific North West Capital Corp PFN
Shares issued 8,492,000 2000-02-16 close $1
Wednesday Feb 16 2000

Mr. Harry Barr reports
Pacific North West Capital has received assay results from a phase two diamond drilling program recently completed on its Janes township copper-nickel-platinum group metal (PGM = Pt+Pd+Au) property (option from Goldwright Explorations) situated about 50 kilometres northeast of Sudbury, Ont.
The current drilling was carried out in order to expand the known mineralization along strike and to depth. Mineralization occurs proximal to the lower contact of a Nipissing diabase intrusion where it is associated with a high-magnesium gabbroic rock unit; locally, mineralization occurs within a sediment-gabbro and/or sulphide breccia. The current drilling demonstrates that mineralization extends down-dip from surface showings for at least 140 metres (460 feet) from surface showings at the Main trench to intersections in JR99-19, and is open to depth. Significant intersections from the current program are outlined below.

FROM TO LENGTH Cu% Ni% Cu+ Pt+Pd
(m) (m) Ni% +Au
g/t

Hole 99-14

48.20- 78.20 30.0 0.35 0.16 0.51 0.77
Incl.
68.45- 78.20 9.7 0.40 0.19 0.59 1.56

Hole 99-16
25.60- 37.50 11.9 0.48 0.22 0.70 1.22
Incl.
35.85-37.50 1.6 0.53 0.28 0.81 4.21

Hole 99-19

105.25-133.45 28.2 0.81 0.10 0.91 0.31
Incl.
132.10-132.95 0.8 5.69 0.36 6.05 0.74
Incl.
132.65-132.95 0.3 11.08 0.60 11.69 1.14
Incl.
132.65-133.15 0.5 6.11 0.36 6.46 0.71


Of particular interest is drill hole JR99-19. This hole intersected sediment-gabbro breccia that contains disseminated and massive sulphide, including 0.30-metre intersection of near massive chalcopyrite-pentlandite-pyrrhotite mineralization. This mineralization is proximal to and up-dip from an intersection reported in 1968 by Kennco Explorations (Canada) Ltd. that subsequently assayed 1.86 per cent Cu, 1.51 per cent Ni and 1.8 g/t PGM over 7.9 metres.

ETC. ETC.
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