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 7.420

-0.7%

Oct 30 5:00 PM EST

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To: John E.Quinn who started this subject	11/27/2003 8:49:01 AM
From: E. Charters	Read Replies (1) of 2255

Economics of Open Pit Platinum Anooraq is contributing its rights to the Drenthe farm on which a large PGM-nickel resource has been outlined in the Drenthe deposit, and the Witrivier farm if the deposit extends north on to Witrivier. Over four million ounces of combined PGM and gold, plus 359 million pounds of nickel are contained within the estimated inferred resource of 99.4 million tonnes grading 1.31 g/t 3PGM+Au and 0.016% Ni at a 0.5 g/t 3PGM+Au threshold (see Anooraq News Release February 7, 2003). PPRust is contributing .... PFN right now at 25 million tons of 1.5 to 2 grams Pt, metals plus gold, so it would seem it is on the right track to produce an economic deposit similar to the Witrivier Farm. EC<:-}

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