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

To: John E.Quinn who wrote (18)	9/20/1999 1:45:00 PM
From: Just G	Read Replies (1) \| Respond to of 349

John: Thanks for posting the release for the thread, and welcome. A local prospector had this in the Northern Miner, last week. Regards G MINERAL PROPERTIES AVAILABLE PLATINUM/PALLADIUM and base metal mining properties available for option. Over 60,000 acres near Sudbury withink the River Valley gabbro anorthosite intrusion and Nipissing Diabase gabbro intrusions in Janes and Dana Twps. including 14 other townships surrounding Pacific Northwest Capital and Mustang Mineral properties recently optioned to Anglo American Platinum and Impala Platinum, the world's largest producers of PGE's. Contact Larry Gervais at 705-267-2328

To: John E.Quinn who wrote (18)	10/19/1999 9:24:00 AM
From: Just G	Read Replies (1) \| Respond to of 349

NEWS RELEASE October 18, 1999 ASE Trade Symbol: PFN DRILL PROGRAMS BEGIN SUDBURY, ONTARIO PLATINUM/PALLADIUM PROJECTS Pacific North West Capital Corp. ("PFN") is pleased to report that diamond drilling will commence October 19 on the Sargesson Lake and Davis-Kelly copper+nickel/Platinum Group Metal projects located 50 km northeast of Sudbury, Ontario. These exploration programs are funded by an option/joint venture agreement with Consolidated Venturex Holdings Ltd (CVA-VSE). Platinum Group Metals, or "PGM"s, are defined as platinum+palladium+gold. Platinum and palladium, produced mainly in South Africa and Russia, have experienced strong price increases in recent years due to growing global demand. Grab samples from Sargesson Lake have returned highly anomalous PGM and copper+nickel values such as 2.81 g/t PGM, 0.07% Cu and 0.04% Ni (south exploration grid) and 2.10 g/t PGM, 0.76% Cu and 0.32% Ni (north exploration grid). Drilling will test the extent of mineralization along strike and down-dip of the surface showings. Several grab samples taken from the immediate area of the main showing on the Davis-Kelly project have assayed as high as 6.3 g/t PGM, 0.29% Cu and 0.15% Ni. Drilling at Davis-Kelly will test the extent of the sulphide mineralization along strike and down-dip of the main surface showing. The PFN/CVA properties are part of a large Sudbury region land holding, highly prospective for PGM/Cu+Ni mineralization, that is controlled by PFN. Other properties in this holding are being explored in conjunction with AMPLATS, the Anglo American Platinum Corporation Ltd, which is the world's largest platinum producer. New information on the PFN/AMPLATS properties will be released shortly. Pacific North West Capital Corp.'s website, www.augoldgroup.com, has available a buy recommendation dated October 18, 1999, written by a Canadian mining analyst. This new report is accessible through the "newsletters" button on the web site. ON BEHALF OF THE BOARD OF DIRECTORS Harry Barr, President For further information call: Investor Relations at 1-800-667-1870 or by email: pfn@info-mine.com S.E.C. 12g(3) exemption # 82-4828 The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.