Another NEWS release tonight Buckey..The Big One. enjoy Pacific North West Dana Lake Phase 2 drill results Pacific North West Capital Corp PFN Shares issued 16,175,375 Aug 9 close $1.23 Wed 9 Aug 2000 News Release Also Atacama Minerals Corp (AAM) Mr. Harry Barr reports Anglo-American Platinum Corporation Limited has increased its River Valley exploration budget by 50 per cent. Under the terms of the joint venture, Amplats was required to expend $1-million on exploration in 2000. Amplats will now expend $1.5-million on exploration in River Valley in order to expedite the process of defining a mineral resource on the property. Phase 2 drill results In total 14 holes were drilled (RV00-14 to 27, total 2,820 metres), with an objective to test the dip, width and depth extent of platinum group metal (PGM) mineralization. Previous drilling (Phase 1) intersected significant PGM mineralization in 13 of 13 holes including 3.42 grams per tonne over 7.2 metres (RV00-08) and 3.15 grams per tonne over 8.85 metres (RV00-03) and accompanied by broad intersections that included 2.28 grams per tonne over 42.28 metres (RV00-01) and 2.46 grams per tonne over 29.7 metres (RV00-05). Sulphide-associated PGM mineralization is hosted by intrusive mafic breccia, close to the base of the gabbro-anorthosite River Valley intrusion, near its contact with Archean gneiss. Dana Lake Area (RV00-15,18,19,20,21,22,26,26,27) Nine drill holes were drilled into the main body of the Dana Lake deposit between Lines 550 N and Line 215 S, in order to ascertain the shape of the deposit and to advance the current understanding of individual drill sections (generally spaced at 50-metre intervals). Significant values were intersected in seven of the holes and are summarized below. Further rhodium and Cu-Nu values will be reported as soon as they are available. Results of the Phase 1 and 2 drill programs indicate that the main body of mineralization extends, at least intermittently, between Lines 600 N and 215 S, and parallels the intrusive contact for a distance of at least 900 metres (2,953 feet).
RV00-15 (500N/374 W) 232 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
111.50 150.60 39.10 55 281 769
incl. 111.50 131.60 20.10 79 454 1255
incl. 113.00 117.00 4.00 218 1415 4138
RV00-15 (500N/374 W) 232 metres
>From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
111.50 150.60 39.10 39 1144
incl. 111.50 131.60 20.10 59 1847
incl. 113.00 117.00 4.00 182 5952
RV00-15 (500N/374 W) 232 metres
>From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
111.50 150.60 39.10 1.10 0.10
incl. 111.50 131.60 20.10 1.85 0.11
incl. 113.00 117.00 4.00 5.95 0.18
RV00-15 (500N/374 W) 232 metres
>From To Int. Ni (m) (m) (m) (%)
111.50 150.60 39.10 0.03
incl. 111.50 131.60 20.10 0.03
incl. 113.00 117.00 4.00 0.05
RV00-18 (500N/46OW) 318 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
250.00 265.00 15.00 148 780 2102
incl. 253.60 261.20 7.60 235 1213 3426
incl. 253.60 256.80 3.20 348 1696 4771
incl. 257.60 261.20 3.60 144 798 2291
RV00-18 (500N/46OW) 318 metres
>From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
250.00 265.00 15.00 70 3100
incl. 253.60 261.20 7.60 106 4980
incl. 253.60 256.80 3.20 146 6961
incl. 257.60 261.20 3.60 72 3305
RV00-18 (500N/46OW) 318 metres
>From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
250.00 265.00 15.00 3.10 0.12
incl. 253.60 261.20 7.60 4.98 0.19
incl. 253.60 256.80 3.20 6.96 0.26
incl. 257.60 261.20 3.60 3.31 0.13
RV00-18 (SOON/46OW) 3ISm/9001-45
>From To Int. Ni (m) (m) (m) (%)
250.00 265.00 15.00 0.02
incl. 253.60 261.20 7.60 0.03
incl. 253.60 256.80 3.20 0.03
incl. 257.60 261.20 3.60 0.02
RV00-19 (55ON/325W) 152 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
3.20 46.00 42.80 45 171 441
incl. 28.85 42.50 13.65 41 181 543
incl. 15.60 17.20 1.60 117 333 784
incl. 24.50 27.50 3.00 61 292 715
RV00-19 (55ON/325W) 152 metres
>From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
3.20 46.00 42.80 0.68 678
28.85 42.50 13.65 0.79 788
15.60 17.20 1.60 1.27 1274
24.50 27.50 3.00 1.10 1098
RV00-19 (55ON/325W) 152 metres
>From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
3.20 46.00 42.80 0.68 0.10
28.85 42.50 13.65 0.79 0.10
15.60 17.20 1.60 1.27 0.24
24.50 27.50 3.00 1.10 0.13
RV00-19 (55ON/325W) 152 metres
>From To Int. Ni (m) (m) (m) (%)
3.20 46.00 42.80 0.02
28.85 42.50 13.65 0.02
15.60 17.20 1.60 0.05
24.50 27.50 3.00 0.03
RV00-20 (400N/300W) 256 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
133.00 137.50 4.50 13 740 1431
180.00 211.60 31.60 75 367 1137
incl. 180.00 195.85 15.85 94 525 1677
223.85 229.80 5.95 51 267 736
RV00-20 (400N/300W) 256 metres >From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
133.00 137.50 4.50 - 2184
180.00 211.60 31.60 - 1579
180.00 195.85 15.85 - 2296
223.85 229.80 5.95 - 1053
RV00-20 (400N/300W) 256 metres
>From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
133.00 137.50 4.50 2.18 0.01
180.00 211.60 31.60 1.58 0.11
180.00 195.85 15.85 2.30 0.14
223.85 229.80 5.95 1.05 -
RV00-20 (400N/300W) 256 metres
>From To Int. Ni (m) (m) (m) (%)
133.00 137.50 4.50 0.01
180.00 211.60 31.60 0.02
180.00 195.85 15.85 0.03
223.85 229.80 5.95 -
RV00-21 (400N/150W) 125 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
39.35 41.30 1.95 76 537 1682
59.00 68.00 9.00 65 302 781
RV00-21 (400N/150W) 125 metres
>From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
39.35 41.30 1.95 - 2295
59.00 68.00 9.00 - 1147
RV00-21 (400N/150W) 125 metres
>From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
39.35 41.30 1.95 2.30 - 59.00 68.00 9.00 1.15 -
RV00-21 (400N/150W) 125 metres
>From To Int. Ni (m) (m) (m) (%)
39.35 41.30 1.95 - 59.00 68.00 9.00 -
RV00-22 (450N/340W) 259 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
173.50 223.00 49.50 101 529 1551
incl. 173.50 182.90 9.40 162 789 2183
incl. 199.30 203.55 4.25 180 859 3267
incl. 207.75 211.60 3.85 86 586 1854
incl. 212.50 223.00 10.50 77 428 1226
RV00-22 (450N/340W) 259 metres >From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
173.50 223.00 49.50 - 2182
incl. 173.50 182.90 9.40 - 3134
incl. 199.30 203.55 4.25 - 4306
incl. 207.75 211.60 3.85 - 2525
incl. 212.50 223.00 10.50 - 1732
RV00-22 (450N/340W) 259 metres
>From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
173.50 223.00 49.50 2.18 -
incl. 173.50 182.90 9.40 3.13 -
incl. 199.30 203.55 4.25 4.31 -
incl. 207.75 211.60 3.85 2.53 -
incl. 212.50 223.00 10.50 1.73 -
RV00-22 (450N/340W) 259 metres
>From To Int. Ni (m) (m) (m) (%)
173.50 223.00 49.50 -
incl. 173.50 182.90 9.40 -
incl. 199.30 203.55 4.25 -
incl. 207.75 211.60 3.85 -
incl. 212.50 223.00 10.50 -
RV00-25 (325N/175W) 151 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
21.50 24.00 2.50 71 417 538
44.50 47.10 2.60 42 312 681
69.20 97.80 28.60 63 303 868
incl. 70.00 81.10 11.10 79 452 1378
incl. 71.50 77.30 5.80 97 606 1936
RV00-25 (325N/175W) 151 metres
>From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
21.50 24.00 2.50 - 1025
44.50 47.10 2.60 - 1034
69.20 97.80 28.60 - 1234
incl. 70.00 81.10 11.10 - 1908
incl. 71.50 77.30 5.80 - 2639
RV00-25 (325N/175W) 151 metres
>From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
21.50 24.00 2.50 1.02 -
44.50 47.10 2.60 1.03 -
69.20 97.80 28.60 1.23 -
incl. 70.00 81.10 11.10 1.91 -
incl. 71.50 77.30 5.80 2.64 -
RV00-25 (325N/175W) 151 metres
>From To Int. Ni (m) (m) (m) (%)
21.50 24.00 2.50 -
44.50 47.10 2.60 -
69.20 97.80 28.60 -
incl. 70.00 81.10 11.10 -
incl. 71.50 77.30 5.80 -
RV00-26 (325N/175W) 151 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
51.30 60.20 8.90 74.0 266.0 727.0
incl. 51.30 56.00 4.70 77.1 312.8 825.0
67.80 72.20 4.40 47.4 290.0 712.0
incl. 68.50 72.20 3.70 45.4 288.9 716.9
73.30 75.00 1.70 76.3 405.6 1069.1
RV00-26 (325N/175W) 151 metres >From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
51.30 60.20 8.90 - 1067
incl. 51.30 56.00 4.70 - 1215
67.80 72.20 4.40 - 1049
incl. 68.50 72.20 3.70 - 1051
73.30 75.00 1.70 - 1551
RV00-26 (325N/175W) 151 metres
>From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
51.30 60.20 8.90 1.07 -
incl. 51.30 56.00 4.70 1.22 -
67.80 72.20 4.40 1.05 -
incl. 68.50 72.20 3.70 1.05 -
73.30 75.00 1.70 1.55 -
RV00-26 (325N/175W) 151 metres
>From To Int. Ni (m) (m) (m) (%)
51.30 60.20 8.90 -
incl. 51.30 56.00 4.70 -
67.80 72.20 4.40 -
incl. 68.50 72.20 3.70 -
73.30 75.00 1.70 -
RV00-27 (325N/175W) 151 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
96.50 111.50 15.00 59 198 367
110.40 111.50 1.10 78 334 887
168.50 172.00 3.50 32 156 498
incl. 171.00 172.00 1.00 40 233 790
RV00-27 (325N/175W) 151 metres >From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
96.50 111.50 15.00 - 625
110.40 111.50 1.10 - 1299
168.50 172.00 3.50 - 686
incl. 171.00 172.00 1.00 - 1063
RV00-27 (325N/175W) 151 metres >From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
96.50 111.50 15.00 0.62 -
110.40 111.50 1.10 1.30 -
168.50 172.00 3.50 0.69 -
incl. 171.00 172.00 1.00 1.06 -
RV00-27 (325N/175W) 151 metres >From To Int. Ni (m) (m) (m) (%)
96.50 111.50 15.00 -
110.40 111.50 1.10 -
168.50 172.00 3.50 -
incl. 171.00 172.00 1.00 -
RV00-03 (400N/250W) 161 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
152.00 167.00 15.00 39 251 1209
incl. 155.60 163.25 7.65 47 395 2086
RV00-03 (400N/250W) 161 metres
>From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
152.00 167.00 15.00 - 1499
incl. 155.60 163.25 7.65 - 2.53
RV00-03 (400N/250W) 161 metres
>From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
152.00 167.00 15.00 1.45 -
incl. 155.60 163.25 7.65 2.53 -
RV00-03 (400N/250W) 161 metres
>From To Int. Ni (m) (m) (m) (%)
152.00 167.00 15.00 -
incl. 155.60 163.25 7.65 -
Discussion of results: The Phase 2 drill results indicate that magmatic breccia-hosted PGM mineralization extends to a vertical depth of at least 180 metres (591 feet) and remains open to depth. The dip of the breccia unit varies from 70 degrees west to 70 degrees east. No drilling was carried out south of the mineralized intercept in RV00-12 (Phase 1) and mineralization remains open toward the south. Phase 3 drilling: A Phase 3 drill program will commence in September and will focus on developing a mineral resource in the Dana Lake area. Dana Lake north: (RV00-14, 16, 17, 23, 24) Five holes were drilled north of the main mineralized zone at Dana Lake. The holes were aimed at testing the area beneath the surface mineralization exposed on Lines 600N and 700N and coincident IP anomalies in the area. Stripping and detailed sampling along L600 N and 700N produced a distribution of PGM grades similar to that of previous stripping to the south; L600 N -- 135 samples averaging 1.38 grams per tonne; L700 N -- 140 samples averaging 1.80 grams per tonne. Phase 2 drill results show this area to be much more structurally complex than the area to the south of Line 600 N. The complexity is likely a result of increasing proximity to the Grenville front and associated east dipping thrust faults. Mineralization in this area is affected by post-mineral faulting resulting in narrow intervals grading 1-2 g/t Pt plus Pd plus Au, or broader intervals of lower grade mineralization. Future exploration: Orientation down-hole IP surveys are planned, which will probe holes in this area and in the area of the main mineralized body, to assist in further interpretation. IP surveys are also planned for the north extension of the intrusion into Pardo township. Further drilling will be carried out north of L550 N, in the Phase III drill program to establish if significant mineralization continues north and beyond the structurally complex region.
RV00-14 (650N/412.8W) 211 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
131.20 134.50 3.30 19 509 711
incl. 133.30 134.50 1.20 27 1080 1502
RV00-14 (650N/412.8W) 211 metres >From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
131.20 134.50 3.30 96 1335
incl. 133.30 134.50 1.20 217 2862
RV00-14 (650N/412.8W) 211 metres >From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
131.20 134.50 3.30 1.34 0.004
incl. 133.30 134.50 1.20 2.83 0.003
RV00-14 (650N/412.8W) 211 metres >From To Int. Ni (m) (m) (m) (%)
131.20 134.50 3.30 0.019
incl. 133.30 134.50 1.20 0.006
RV00-16 (600N/423W) 257 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
181.50 196.65 49.71 18 154 205
incl. 184.55 186.30 1.75 48 644 748
incl. 185.80 186.30 0.50 58 1299 1256
212.30 224.10 11.80 30 149 212
RV00-16 (600N/423W) 257 metres
>From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb) 181.50 196.65 49.71 18 395
incl. 184.55 186.30 1.75 38 1478
incl. 185.80 186.30 0.50 53 2666
212.30 224.10 11.80 20 410
RV00-16 (600N/423W) 257 metres >From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
181.50 196.65 49.71 0.40 0.016
incl. 184.55 186.30 1.75 1.48 0.066
incl. 185.80 186.30 0.50 2.67 0.060
212.30 224.10 11.80 0.41 0.078
RV00-16 (600N/423W) 257 metres >From To Int. Ni (m) (m) (m) (%)
181.50 196.65 49.71 0.007
incl. 184.55 186.30 1.75 0.012
incl. 185.80 186.30 0.50 0.014
212.30 224.10 11.80 0.017
RV00-17 (600N/230.5W) 178 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
82.50 103.00 67.26 31 159 448
incl. 95.00 101.50 6.50 56 300 961
RV00-17 (600N/230.5W) 178 metres
>From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb) 82.50 103.00 67.26 19 657
incl. 95.00 101.50 21.33 30 1347
RV00-17 (600N/230.5W) 178 metres
>From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%) 82.50 103.00 67.26 0.66 0.049
incl. 95.00 101.50 21.33 1.35 0.077
RV00-17 (600N/230.5W) 178 metres
>From To Int. Ni (m) (m) (m) (%) 82.50 103.00 67.26 0.013
incl. 95.00 101.50 21.33 0.019
RV00-23 (715N/260W) 141.5 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
78.50 80.80 7.55 128 205 166 102.50 104.00 4.92 20 165 212 >From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
78.50 80.80 7.55 - 498
102.50 104.00 4.92 - 397
RV00-23 (715N/260W) 141.5 metres
>From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
78.50 80.80 7.55 0.50 -
102.50 104.00 4.92 0.40 -
RV00-23 (715N/260W) 141.5 metres
>From To Int. Ni (m) (m) (m) (%)
78.50 80.80 7.55 -
102.50 104.00 4.92 -
RV00-24 (715N/376.4W) 147 metres
>From To Int. Au Pt Pd (m) (m) (m) (ppb) (ppb) (ppb)
37.00 37.80 2.62 44 310 601
48.50 50.00 1.50 17 413 694
59.80 61.50 5.58 37 220 559
70.50 71.00 0.50 19 417 1000
RV00-24 (715N/376.4W) 147 metres >From To Int. Rh Ttl PGM (m) (m) (m) (ppb) (ppb)
37.00 37.80 2.62 - 955
48.50 50.00 1.50 - 1124
59.80 61.50 5.58 - 816
70.50 71.00 0.50 - 1436
RV00-24 (715N/376.4W) 147 metres >From To Int. Ttl PGM* Cu (m) (m) (m) (g/t) (%)
37.00 37.80 2.62 0.96 -
48.50 50.00 1.50 1.12 -
59.80 61.50 5.58 0.82 -
70.50 71.00 0.50 1.44 -
RV00-24 (715N/376.4W) 147 metres >From To Int. Ni (m) (m) (m) (%)
37.00 37.80 2.62 -
48.50 50.00 1.50 -
59.80 61.50 5.58 -
70.50 71.00 0.50 -
Dana Lake south A recent infill IP survey between L200N and 100S has shown the chargeability anomaly is continuous through this area. A near continuous IP anomaly was also identified and is open to the southeast. In total the anomalies extend intermittently for a distance of five kilometres, and correlate with the eastern contact of the River Valley intrusion. Prospecting over these anomalies has exposed mineralized magmatic breccia with assay values exceeding 1 gram per tonne PGM. Future exploration: Stripping and detailed sampling programs will test IP target areas south and southeast of the South zone. Future drill targets will be outlined on the basis of these results. Azen Creek area - Jackson's Flats IP surveys will be carried out in these areas to complete the geophysical coverage of the prospective intrusive contact towards the southeastern extent of the property. (c) Copyright 2000 Canjex Publishing Ltd. stockwatch.com |