Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta -- Ignore unavailable to you. Want to Upgrade?

To: John E.Quinn who wrote (273)	6/24/1999 3:19:00 PM
From: Just G	Read Replies (1) \| Respond to of 2255

John: Definitely something is up, it's alive today. Regards G

To: John E.Quinn who wrote (273)	6/26/1999 10:43:00 PM
From: Just G	Read Replies (1) \| Respond to of 2255

A couple of weeks ago, I contacted the news writer of the Mining North Section up here, that is written once a month. He had done a story, in late winter on the Juniors working in the Sudbury area. I told him to take a look at the latest assay results, and make his own decision, to whether he should do an updated story. Low and behold, he decided to proceed with it. There seems to be alot of mud slinging against some posts, comparing companies, etc. Well, that is not the way I like to present myself. When investing, I consider all aspects of management, properties, outstanding shares, and financing. I don't look at the market, or the way it operates. I have tried to study and observe different companies, and what their goals or intentions may be, and let's face it, this is the hardest that I have seen the mining industry in many years. Then , I found interest in Pfn, and based on their assays, I am more than impressed and happy, the grades in the lastest report, they can't be ignored. I will post this article that has be written on PFN, and read CAREFULLY, and I am sure that apparantly, I am not the only one that noticed. PACIFIC NORTH WEST MAY EXPAND SUDBURY EXPLORATION (I am typing this myself, so many shortforms!) Successful drilling by Pfn-A has led to substantial interest in the company's programs in the Sudbury district. THE COMPANY IS CURRENTLY IN NEGOTIATIONS. When concluded successfully they should result in its current programs in the district being GREATLY expanded. Current budgets for 1999 exploration programs total $500,000. Pfn has received drill core assay results from its recently completed 13 hole, 1,050 metre diamond drill program on the Janes Township property located 50 km northeast of Sudbury. Pfn holds an option to earn a 70% interest in the Janes property from Goldwright Explorations Inc., a private company based in Sudbury. PFN has previously reported significant pge's, gold values associated with copper, nickel mineralization from channel samples taken from trenches on the property. The known surface mineralization extents about 500 metres. This particular mineralization zone (the Jackie Rastall showing) is one of a number of copper, nickel showings on the Janes property with pfn is evaluating for their pge's potential. The recently completed drill program tested the down dip extension of the mineralization exposed in the surface trenches. Results confirm the presence of the significant thicknesses of magmatically derived sulphides associated with important copper, nickel and pgm values. Mineralization is now known from drilling to extend down dip, from the mineralized trenches for at least a 80 metres and is open to depth. The mineraliation dips approximately 25-35 degrees to the east and is as much as 16 metres in width. The copper-nickel sulphides and associated of pge values are often remarkaby uniform in grade, testifying to their magmatic origin. Much higher grade sulphide mineralization was intersected in holes 99-2 and 99-3, which tested SPECTACULAR gossans exposed in trench No. 4. Additional drilling is planned for later this year. This preliminary drill program has comfirmed the potential of the Nipissing Diabase as an important host for nickel, copper, pgm's and has important implications for the companies LARGEST LAND HOLDINGS IN THE SUDBURY AREA, totaling over 155 sq. em, much of which overlies the Nipissing rocks containing numerous old copper, nickel showings. The second phase of the exploration on the Jackie Rastall showing will test the extension of the mineralization to DEPTH and also to the south where it remains open and may correlate with other known copper, nickel showing in this direction. Preliminary minerlogical studies carried out on the company's behalf on samples taken from the Janes Property indicate that the pge's present may be liberated. The company is now planning more comprehensive metallurgical testing with larger samples. Sudbury Gregory Reynolds Mining North