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

To: Just G who wrote (685)	10/20/1999 9:54:00 AM
From: Just G	Respond to of 2255

This article appeared in the morning CC coffee. PACIFIC NORTH WEST CAPITAL CORP ("PFN-Y") 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. 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. 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 Northwest PFN:A 165,500 .46 +.04 Commenced drilling on two PT-Pd targets in Ontario. Excellent portfolio of early stage exploration PGM targets.