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

To: Just G who wrote (170)	3/22/2000 6:14:00 PM
From: Just G	Read Replies (1) \| Respond to of 349

Pacific North West completes phase one at River Valley Pacific North West Capital Corp PFN Shares issued 8,492,000 Mar 21 close $1.40 Wed 22 Mar 2000 News Release Mr. Harry Barr reports Pacific North West has completed phase one of a 13-hole 2,000-metre drill program on the Dana Lake area of the River Valley property, situated 60 kilometres northeast of Sudbury, Ont. The drill program was designed to explore the bulk tonnage potential for platinum group metals (PGM) and copper-nickel mineralization identified by Pacific through detailed surface sampling in 1999. Surface sampling conducted by Pacific on 2.5 metre by 2.5 metre intervals in five zones in the Dana Lake area returned a substantial number of significant PGM-copper-nickel assay values; 201 samples averaging one to six grams per tonne PGM plus 0.16 per cent Cu-Ni (Road zone); 17 samples averaging 3.6 g/t PGM plus 0.24 per cent Cu-Ni (Central C zone); 153 samples averaging 1.9 g/t PGM plus 0.16 per cent Cu-Ni (South A zone); 51 samples averaging 2.9 g/t PGM plus 0.21 per cent Cu-Ni. In addition, rhodium values averaged 0.05 g/t. For full details of the surface sampling programs, please refer to Pacific North West press releases in Stockwatch Dec. 8, 1999, and Feb. 8, 2000. Assay results from the phase one drill program will be reported over the next three weeks. Pacific anticipates that results from the initial holes should be available within a week. A phase two drill program on River Valley will commence at the end of April. This will allow sufficient time for the results from the initial program to be plotted and thoroughly interpreted. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com