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Gold/Mining/Energy : SUDBURY AREA AND THE PGM PLAY -- Ignore unavailable to you. Want to Upgrade?

To: Ptaskmaster who wrote (4)	9/9/1999 11:14:00 PM
From: Just G	Respond to of 349

Ptask: Thank-you. That is a good question and can be argued upon. Referring to some articles that I have read that have been written on the origin of the Sudbury basin. On the advocates that support a meteorite theory, it shows evidence of this, by studying the extreme impact of the contamination and the rapid deposition of the formation, and the original circular shape of the Sudbury structure as evidence. On the origins of a volcanic occurence argue that features fragments and igneous activity, support that predate and postdate the Sudbury event are evidence that the Sudbury structure is the result of prolonged endogenic process. From what I have read, and discussed with others, it is the meteorite effect, that I tend to agree with, the disposition of the rock formation was much too rapid for this kind of occurence. This again is my opinion, and very general geology. Regards G

To: Ptaskmaster who wrote (4)	9/9/1999 11:20:00 PM
From: ali	Respond to of 349

Hi Ptaskmaster, the judgement what caused the twin anomaly Sudbury/Wanapitei is still not settled yet by the experts.For more information read: The Geology and Ore Deposits of the Sudbury Structure.It is available from the Ontario Department of Mines in Toronto and it will give you a lot of information you are looking for.

To: Ptaskmaster who wrote (4)	9/13/1999 8:03:00 AM
From: Just G	Read Replies (1) \| Respond to of 349

I found this release on Mustang Minerals, and it is the bottom of the release that caught my interest, as they state, news is forthcoming this week, on River Valley and also East Bull Lake, both properties are in Sudbury. My instincts tell me, possibly that the letter of intent that was signed with Impala, may be reality by weeks end. MMIN 1999-09-09 (provided courtesy of Canadian Corporate News.) register to receive future releases by email from CCN Mustang Minerals Corp.: Private Placement Completed TORONTO, ONTARIO--Mustang Minerals Corp. announced today that it has completed an arm's length private placement of 975,610 units at forty-one cents ($0.41) per unit for net proceeds of Four Hundred Thousand Dollars ($400,000.00). An additional 97,561 Units were issued to registered dealers for commission fees. Each Unit is comprised of one common share plus one half of a share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one additional common share at $0.60 per share for a period of one year from the date of issuance after which the warrants will expire if not exercised. Private placements by the company of up to 1,800,000 common shares (or units consisting of common shares and warrants) were previously approved by the shareholders of the Company at a special meeting of shareholders held on March 9, 1999. After completion of the private placement, the number of issued and outstanding common shares was increased to 8,445,267 shares. The net proceeds of $400,000 from the private placement will be used for working capital and for exploration of the companys' PGE properties. Prior to September 17th Mustang will issue a press release updating the exploration programs at the East Bull Lake PGE Property and the River Valley PGE Property. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Robin Dunbar - President 120 Adelaide Street West, Suite 514 Toronto, ON M5H 1T1 (416) 955-4773 (416) 368-1539 (FAX) mustang-gold.com Email: investors@mustang-gold.com

To: Ptaskmaster who wrote (4)	11/23/1999 2:00:00 PM
From: Just G	Respond to of 349

This is interesting, and finally. Subject: Kaiser Mentions PFN Tip of the Week: What does it mean when all sorts of people who don't have an obvious vested interest tip you off that a junior has the goods, and the stock keeps going down, even with the support of bullish research reports? It means that we are at the end of a bear market except nobody believes it. Harry Barr's Pacific North West Capital Corp (PFN-C: $0.36) has a platinum group prospect in the Sudbury area of Ontario which attracted the attention of Amplats last August. Amplats can earn up to 65% by spending $4 million, completing a feasibility study, and arranging production financing. What is this South African mining giant doing in a part of the world whose economic PGM potential is dismissed by many Canadian geologists? Judging by the market action in Pacific North West, Amplats is wasting its money. Somehow that doesn't seem right to me.

To: Ptaskmaster who wrote (4)	12/8/1999 8:04:00 PM
From: Just G	Read Replies (1) \| Respond to of 349

NEWS RELEASE DECEMBER 8, 1999 PFN REPORTS PRELIMINARY RESULTS RIVER VALLEY PLATINUM GROUP METAL PROPERTY, SUDBURY ONTARIO Management of Pacific North West Capital Corp (CDNX:"PFN") is pleased to announce preliminary results from detailed outcrop sampling programs recently completed at the Dana Lake Area of the River Valley Project, one of a number of PFN Platinum Group Metal (PGM = Pd + Pt + Au) projects currently under option to and funded by the world's largest platinum producer, Anglo American Platinum Corporation Limited (Amplats). The road-accessible property is situated 60 km northeast of Sudbury, Ontario, and Dana Lake is one of two areas at River Valley in which significant PGM values (up to 12.6 g/t total PGM) were discovered in 1998. During the period August to November 1999 five zones within the Dana Lake Area were stripped and sampled. The five zones extend north-south over a distance of approximately 780m. Stripped outcrop from each of the five zones was sampled at regular intervals on a 2.5m by 2.5m grid. Most samples were taken with a cut-off saw and each has approximate dimensions 20cm by 5cm by 5cm. The remaining samples were large grab samples. Areas between the zones have yet to be stripped and sampled. The open-ended nature of the mineralization discovered to date suggests that a bulk tonnage target is a realistic exploration model for the Dana Lake Area. The average assay value of the 376 samples which constitute the mineral zones reported below is 2.4 g/t PGM, 0.16 % Cu, and 0.04 % Ni. The current sampling has demonstrated that anomalous to high (0.25 - 16.0 g/t PGM) values occur over substantial widths close to, and at the contact of the River Valley Intrusion with older rocks. The extent of the mineralized showings on the property indicates that bulk tonnage, contact-type PGM deposits are important targets on this property. PFN Management is very pleased with the results of the 1999 exploration program and believes the potential for commercially viable grades and tonnages of PGM mineralization on the River Valley property is excellent. A minimum of 6,000m (approx. 20,000ft) of drilling will be undertaken on River Valley and Nipissing Diabase targets in 2000. The following reported PGM and copper-nickel values are from four of the five zones in the Dana Lake Area; values from the Central Zone and rhodium values from all zones will be reported as they become available. Zone Location Dimensions Samples Average Grade Remarks Road Northern End 75mX23m 133 1.7g/t PGM, 0.13% Cu, 0.04% Ni Open North 150m south 18mX5-10m 18 2.6g/t PGM, 0.19% Cu, 0.05% Ni Open Central NOT YET REPORTED Trench 450m south 20mX25m 60 1.7g/t PGM, 0.11% Cu, 0.04% Ni Open South(a) 675m south 5-25mX52m 86 2.5g/t PGM, 0.15% Cu, 0.04% Ni Open South(b) 15mX12m 28 3.0g/t PGM, 0.15% Cu, 0.03% Ni South(c) 30mX10m 51 2.9g/t PGM, 0.17% Cu, 0.04% Ni Open Very few of the total samples collected reported zero grades. In addition, mineralization of average grade or better generally extends to the margins of the currently stripped areas. Summary of 1999 Exploration The results above describe Platinum Group Metal and copper-nickel sulphide mineralization occurring within the River Valley Intrusion at, or within 100m of its contact with older (Archean-age) rocks. Stripping and sampling to date has yet to determine the boundaries of the mineralization or the relationship between the mineralization in the different zones. In addition, orientation induced polarization surveys recently completed over the Dana Lake Area show high chargeability values that correlate well with the exposed mineralization and whose extent indicates the need for substantial additional stripping. Results indicate that the intrusive contact, which extends several kilometers within the River Valley property, is highly prospective for bulk tonnage PGM mineralization. New Discoveries The Ontario Geological Survey (O.G.S.) has recently published an Open-File report on its 1999 mapping program in the River Valley area. This includes descriptions of three new mineral discoveries on the River Valley property. The most significant discovery is located 5 km south of the Dana Lake Area where the O.G.S. reported one grab sample assay of 3.58 g/t Pd + Pt + Au within an area of sulphide-bearing rocks at least 300m in length and 50m wide. PFN has briefly examined this area and taken grab samples that assay as high as 10 g/t PGM. In addition PFN has located other PGM occurrences on the property which are apparently not contact related. This mineralization may relate to one or more stratigraphic horizons (reefs) within the intrusion and these will be important additional targets in 2000. Year 2000 Exploration Programs A $1,000,000 exploration program, funded by Amplats, will be conducted on River Valley and Nipissing Diabase targets in the year 2000. Most of this funding will be used to expand geophysical surveys, stripping directed at establishing continuity in the zones reported above, prospecting for other discoveries, and to provide for a minimum of 6,000m (approx. 20,000ft) of diamond drilling. The 2000 exploration program will commence in January when additional induced polarization surveys will be carried out over the known mineralization at the Dana Lake Area, and expanded to cover the intrusive contact that extends south for several kilometers. For maps of the River Valley Project and the Dana Lake Area, please contact PFN at 1-800-667-1870, fax 604-685-8045, email ir@pfncapital.com. ON BEHALF OF THE BOARD OF DIRECTORS Harry Barr, President

To: Ptaskmaster who wrote (4)	1/13/2000 9:52:00 AM
From: Just G	Respond to of 349

----- Original Message ----- From: <newsout@stockwatch.com> To: <975339@accglobal.net> Sent: Thursday, January 13, 2000 9:22 AM Subject: Stockwatch: Mustang Minerals Corp - News Release > > Mustang drilling results from East Bull Lake > > Mustang Minerals Corp MMIN > Shares issued 10,609,614 Jan 12 close $0.43 > Thu 13 Jan 2000 News Release > An anonymous director reports > Mustang Minerals has received assay results from seven of eight recently > completed holes at the company's 100-per-cent-owned East Bull Lake PGM > property located 80 kilometres west of Sudbury, Ont. A total of 1,003 > metres of drilling was completed in the program. All reported core samples > were assayed for platinum (Pt), palladium (Pd) and gold (Au). > Drill holes ME99-9 to ME99-11 were drilled in the Moon Lake target area > where the company drilled eight holes in December, 1998. Drill holes > ME99-12 to ME99-16 were drilled approximately two kilometres to the west at > the Bullfrog target area. All holes are drilled close to the margin of the > intrusion targeting contact style mineralization. > Significant assay results from ME99-09 through to ME99-15 are tabulated > below. > > Combined Core > Hole No. Pt-Pd-Au Length Depth > -------- -------- ------ ----- > > ME99-09 0.57 g/t 17.0 m 127-144 m > Includes 1.50 g/t 1.00 m 140-141 m > 2.39 g/t 0.20 m 167.4-167.6 m > ME-99-10 0.60 g/t 10.65 m 27.35-38 m > 0.40 g/t 17.0 m 50-67 m > 0.50 g/t 11.0 m 75-86 m > Includes 1.35 g/t 2.00 m 78-80 m > ME99-11 3.65 g/t 1.50 m 8-9.5 m > 0.50 g/t 6.00 m 35-41 m > ME99-12 0.47 g/t 21.0 m 17-38 m > Includes 2.20 g/t 1.00 m 27-28 m > ME99-13 0.63 g/t 10.3 m 36.7-47 m > Includes 1.00 g/t 1.50 m 42.5-44 m > ME99-15 1.01 g/t 15.0 m 56-71 m > Includes 2.20 g/t 2.80 m 60.8-63.6 m > Includes 3.13 g/t 0.70 m 60.8-61.5 m > 0.86 g/t 26.0 m 95-121 m > Includes 1.00 g/t 9.00 m 95-104 m > Includes 1.60 g/t 5.00 m 116-121 m > Includes 3.01 g/t 1.00 m 119-120 m > > Both the Bullfrog target area and the Moon Lake target area remain open in > all directions. Maps showing drill hole locations and surface values have > been posted on the Mustang Web site mustang-gold.com. > Holes ME99-09 to ME99-11 extended the strike length of the mineralized zone > at the Moon Lake target area to 1,000 metres. ME99-11 (3.65 g/t over 1.5 > metres) established the potential for lateral continuity of a higher grade > band of mineralization within the broader zone of mineralization. ME99-11 > was drilled 100 metres east of the drill station of previously drilled > ME98-01 (5.65 g/t over 1.5 metres) and ME98-02 (4.33 g/t over 0.7 metres). > The continuity and width of this higher grade band of mineralizaton > constitutes an important drill target. > Holes ME99-12 to ME99-16 were drilled at the Bullfrog target area > approximately two kilometres along strike to the west of Moon Lake. Hole > ME99-15 was notable as it intersected higher values over comparable widths > to previously drilled holes. > Other highlights from the program include hole ME99-13 which intercepted a > 0.37 metre section of massive sulphides which ran 0.13 per cent Cu, 0.80 > per cent Ni, 0.06 per cent cobalt and 0.28 g/t combined Pt-Pd-Au. Hole > ME99-14 intersected a induced polarization (I.P.) anomaly located > approximately 150 metres south of the Bullfrog target area. Anomalous > values up to 100 parts per billion Pt-Pd-Au were intersected in finely > disseminated sulphides of chalcopyrite, pyrrhotite, pyrite and magnetite. > The I.P. zone remains open along strike and at depth and constitutes an > additional drill target along the south margin of the intrusion. > Assays from ME99-16 are pending. In addition to the results from ME99-16 > additional assaying for rhodium (Rh), copper (Cu) and nickel (Ni) are > presently being completed on various drill intercepts. These assay results > are anticipated to be available for release prior to month end. > Year 2000 exploration program -- East Bull Lake PGM property > During the year 2000 the company intends to spend approximately $700,000 > (Canadian) on exploration at the East Bull Lake PGM property. This will > include approximately $200,000 (Canadian) to be spent on detailed surface > mapping, sampling and selected geophysical studies over approximately 30 > kilometres of the north and south margins of the intrusion where PGM > mineralization is exposed on surface. The drill budget for the year will be > approximately $500,000. > Drilling to resume week of Jan. 17 > Commencing the week of Jan. 17 a new diamond drill program totalling > approximately 1,000 metres will begin. The focus of the program will be to > continue to test targets at the Bullfrog target area. Drill results will be > released as available. > Correction regarding proceeds of financings announced in Stockwatch Jan. > 10, 2000 > The company previously announced gross proceeds from its rights issue as > $439,574 from the issue of 1,221,040 flow-through shares. The correct > amounts are gross proceeds of $454,406 from the issue of 1,262,239 > flow-through shares. Proceeds from the private placement were $304,720 > (846,445 units at 36 cents per unit) as previously reported. > (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com >