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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.5000.0%Nov 4 4:00 PM EST
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To: gmweber who wrote (1997)11/23/2000 9:55:31 AM
From: Brumell  Read Replies (2) of 2255
 
The following item is self-explanatory. What's interesting are the remarks about an expanded program next year. Makes you wonder if they've been given the "green light."

By Rob O’Flanagan/THE SUDBURY STAR

Sport utility vehicles, heavy duty trucks and the occasional BMW filled the parking lot of the Willet Green Miller Centre on Tuesday night, as investors, prospectors, academics and mining consultants turned out to hear the latest news about a major platinum group metal (PGM) discovery north of Warren.
The news was good.
Scott Jobin-Bevans, Pacific North West Capital Corporation’s consulting geologist, told an audience of about 50 mining industry insiders that the River Valley project could be a PGM mine within two years.
The project’s backer, PGM mining giant Anglo Platinum (formerly Amplats) of South Africa, is committed to a stepped-up program of exploration in the area, which is 50 km north of Warren off Highway 17.
“We’ve asked Anglo Platinum for a significant amount of money to continue the work at River Valley,” said Jobin-Bevans in an interview.
“It would be enough money to do extensive drilling in order to systematically evaluate the mineralized environment at River Valley. Everything looks really good for next year.”
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