Pacific North West Capital Corporation-PFN on Alberta Message Board

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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta

PFN 7.500

0.0%

Nov 4 4:00 PM EST

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To: John E.Quinn who started this subject	9/15/2000 6:28:18 AM
From: Francis R. Biscan Jr.	Read Replies (1) of 2255

Good Morning, Is anyone familiar with this area or this company ?? Thanks in Advance, Rich REDSTAR RESOURCES CORP. 611-675 West Hastings St. Vancouver, BC V6B 1N2 T: 604-488-0051 F: 604-488-0053 Contact: Alan Barry Sept. 12, 2000 CDNX:RST NEWS RELEASE BIRD RIVER SILL PGE PROPERTY UPDATE Redstar Resources Corp. is pleased to announce that geological crews from the Manitoba Department of Mines have completed 22 saw cut trench samples from the Bird River Sill PGE property in southeastern Manitoba. The samples have been submitted for analysis. The trench samples were taken several hundred metres along strike from anomalous PGE samples that were collected in 1982. Samples reported in 1982 by government geologist include values up to 1.8 g/t platinum and 0.7 g/t palladium. Other PGE's such as Rhodium and Ruthenium are also present in minor but significant amounts. Government geologists also informed Redstar that noticeable sulphides were present in some of the recent trench samples as were the samples taken in 1982. Redstar has initiated work on a digital topographic base map for the Bird River Sill property. The map will form a basis to conduct all future exploration activity. Redstar will report the assay results of the 22 trench samples as soon as they are received from the laboratory and the Manitoba government. Redstar Resources Corp. is earning a 60% interest in the Bird River PGE property from Gossan Resources Ltd.(CDNX:GSS) by paying $275,000 in property payments and advanced royalty payments to Gossan over the next four years, and carry out $1,600,000 in exploration expenditures.

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