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

To: Condor who wrote (307)	8/9/2000 10:22:43 PM
From: Brumell	Read Replies (1) \| Respond to of 349

Below is the full test of NR. The numbers can be more easily read by viewing the NR at PFN's website at pfncapital.com _________________________________________________________ Pacific North West Capital Corp. - Amplats Increases its River Valley Budget by 50% Phase II Drill Results Pacific North West Capital Corp. is pleased to announce Anglo-American Platinum Corporation Limited ("Amplats") has increased its River Valley Exploration Budget by 50%. Under the terms of the joint venture, Amplats was required to expend $1 million dollars on exploration in 2000. Amplats will now expend $1.5 million dollars on exploration in River Valley in order to expedite the process of defining a mineral resource on the Property. PHASE II DRILL RESULTS: In total fourteen holes were drilled (RV00-14 to 27, total 2820m), with an objective to test the dip, width and depth extent of platinum group metal (PGM) mineralization. Previous drilling (Phase I) intersected significant PGM mineralization in 13 of 13 holes including 3.42 g/t over 7.2 m (RV00-08) and 3.15 g/t over 8.85 m (RV00-03) and accompanied by broad intersections that included 2.28 g/t over 42.28 m (RV00-01) and 2.46 g/t over 29.7 m (RV00-05). Sulphide associated PGM mineralization is hosted by intrusive mafic breccia, close to the base of the gabbro-anorthosite River Valley Intrusion, near its contact with Archean gneiss. Dana Lake Area (RV00-15,18,19,20,21,22,25,26,27) Nine drill holes were drilled into the main body of the Dana Lake deposit between Lines 550 N and Line 215 S, in order to ascertain the shape of the deposit and to advance the current understanding of individual drill sections (generally spaced at 50m intervals). Significant values were intersected in seven of the holes and are summarized below. Further rhodium and Cu-Ni values will be reported as soon as they are available. Results of the Phase I and II drill programs indicate that the main body of mineralization extends, at least intermittently, between Lines 600 N and 215 S, and parallels the intrusive contact for a distance of at least 900 m (2,953 ft). RV00-15 (500N/374W) 232m/91 degrees/-44 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 111.50 150.60 39.10 128.29 55 incl. 111.50 131.60 20.10 65.95 79 incl. 113.00 117.00 4.00 13.12 218 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 281 769 39 1144 1.10 0.10 0.03 454 1255 59 1847 1.85 0.11 0.03 1415 4138 182 5952 5.95 0.18 0.05 RV00-18 (500N/460W) 318m/90 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 250.00 265.00 15.00 49.22 148 incl. 253.60 261.20 7.60 24.94 235 incl. 253.60 256.80 3.20 10.50 348 incl. 257.60 261.20 3.60 11.81 144 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 780 2102 70 3100 3.10 0.12 0.02 1213 3426 106 4980 4.98 0.19 0.03 1696 4771 146 6961 6.96 0.26 0.03 798 2291 72 3305 3.31 0.13 0.02 RV00-19 (550N/325W) 152m/88 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 3.20 46.00 42.80 140.43 45 incl. 28.85 42.50 13.65 44.79 41 incl. 15.60 17.20 1.60 5.25 117 incl. 24.50 27.50 3.00 9.84 61 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 171 441 21 678 0.68 0.10 0.02 181 543 23 788 0.79 0.10 0.02 333 784 40 1274 1.27 0.24 0.05 292 715 31 1098 1.10 0.13 0.03 RV00-20 (400N/300W) 256m/89 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 133.00 137.50 4.50 14.76 13 180.00 211.60 31.60 103.68 75 incl. 180.00 195.85 15.85 52.00 94 223.85 229.80 5.95 19.52 51 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 740 1431 -- 2184 2.18 0.01 0.01 367 1137 -- 1579 1.58 0.11 0.02 525 1677 -- 2296 2.30 0.14 0.03 267 736 -- 1053 1.05 -- -- RV00-21 (400N/150W) 125m/267 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 39.35 41.30 1.95 6.40 76 59.00 68.00 9.00 29.53 65 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 537 1682 -- 2295 2.30 -- -- 302 781 -- 1147 1.15 -- -- RV00-22 (450N/340W) 259m/89.5 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 173.50 223.00 49.50 162.41 101 incl. 173.50 182.90 9.40 30.84 162 incl. 199.30 203.55 4.25 13.94 180 incl. 207.75 211.60 3.85 12.63 86 incl. 212.50 223.00 10.50 34.45 77 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 529 1551 -- 2182 2.18 -- -- 789 2183 -- 3134 3.13 -- -- 859 3267 -- 4306 4.31 -- -- 586 1854 -- 2525 2.53 -- -- 428 1226 -- 1732 1.73 -- -- RV00-25 (325N/175W) 151m/90 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 21.50 24.00 2.50 8.20 71 44.50 47.10 2.60 8.53 42 69.20 97.80 28.60 93.84 63 incl. 70.00 81.10 11.10 36.42 79 incl. 71.50 77.30 5.80 19.03 97 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 417 538 -- 1025 1.02 -- -- 312 681 -- 1034 1.03 -- -- 303 868 -- 1234 1.23 -- -- 452 1378 -- 1908 1.91 -- -- 606 1936 -- 2639 2.64 -- -- RV00-26 (325N/175W) 151m/90 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 51.30 60.20 8.90 29.2 74.0 incl. 51.30 56.00 4.70 15.42 77.1 67.80 72.20 4.40 14.43 47.4 incl. 68.50 72.20 3.70 12.14 45.4 73.30 75.00 1.70 5.58 76.3 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 266.0 727.0 1067 1.07 -- -- 312.8 825.0 1215 1.22 -- -- 290.0 712.0 1049 1.05 -- -- 288.9 716.9 1051 1.05 -- -- 405.6 1069.1 1551 1.55 -- -- RV00-27 (325N/175W) 151m/90 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 96.50 111.50 15.00 49.2 59 110.40 111.50 1.10 4.38 78 168.50 172.00 3.50 11.48 32 incl 171.00 172.00 1.00 3.28 40 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 198 367 -- 625 0.62 -- -- 334 887 -- 1299 1.30 -- -- 156 498 -- 686 0.69 -- -- 233 790 -- 1063 1.06 -- -- RV00-03 (400N/250W) 161m/72 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 152.00 167.00 15.00 39 incl. 155.60 163.25 7.65 47 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 251 1209 -- 1499 1.45 -- -- 395 2086 -- 2528 2.53 -- -- Total PGM = Pt+Pd++ Rh+Au (where available) Discussion of Results: The Phase II drill results indicate that magmatic breccia-hosted PGM mineralization extends to a vertical depth of at least 180 m (591 ft) and remains open to depth. The dip of the breccia unit varies from 70( west to 70( east. No drilling was carried out south of the mineralized intercept in RV00-12 (Phase 1) and mineralization remains open toward the south. Phase III Drilling: A Phase III drill program will commence in September and will focus on developing a mineral resource in the Dana Lake area. DANA LAKE NORTH: (RV00-14, 16, 17, 23, 24) Five holes were drilled north of the main mineralized zone at Dana Lake. The holes were aimed at testing the area beneath the surface mineralization exposed on Lines 600N and 700N and coincident IP anomalies in the area. Stripping and detailed sampling along L600 N and 700N produced a distribution of PGM grades similar to that of previous stripping to the south.; L600 N - 135 samples averaging 1.38 g/t; L700 N - 140 samples averaging 1.80 g/t. Phase II drill results show this area to be much more structurally complex than the area to the south of Line 600 N. The complexity is likely a result of increasing proximity to the Grenville Front and associated east dipping thrust faults. Mineralization in this area is affected by post-mineral faulting resulting in narrow intervals grading 1-2 g/t Pt+Pd+Au, or broader intervals of lower grade mineralization. Future Exploration: Orientation down-hole IP surveys are planned, which will probe holes in this area and in the area of the main mineralized body, to assist in further interpretation. IP surveys are also planned for the north extension of the intrusion into Pardo Township. Further drilling will be carried out north of L550 N, in the Phase III drill program to establish if significant mineralization continues north and beyond the structurally complex region. RV00-14 (650N/412.8W) 211m/90 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 131.20 134.50 3.30 10.83 19 incl. 133.30 134.50 1.20 3.94 27 Pt Pd Rh Ttl PGM Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 509 711 96 1335 1.34 0.004 0.019 1080 1502 217 2862 2.83 0.003 0.006 RV00-16 (600N/423W) 257m/79 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 181.50 196.65 15.15 49.71 18 incl. 184.55 186.30 1.75 5.74 48 incl. 185.80 186.30 0.50 1.64 58 212.30 224.10 11.80 38.72 30 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 154 205 18 395 0.40 0.016 0.007 644 748 38 1478 1.48 0.066 0.012 1299 1256 53 2666 2.67 0.060 0.014 149 212 20 410 0.41 0.078 0.017 RV00-17 (600N/230.5W) 178m/276 degrees/-44 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 82.50 103.00 20.50 67.26 31 incl. 95.00 101.50 6.50 21.33 56 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 159 448 19 657 0.66 0.049 0.013 300 961 30 1347 1.35 0.077 0.019 RV00-23 (715N/260W) 141.5m/270 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 78.50 80.80 2.30 7.55 128 102.50 104.00 1.50 4.92 20 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 205 166 -- 498 0.50 -- -- 165 212 -- 397 0.40 -- -- RV00-24 (715N/376.4W) 147m/90 degrees/-45 From To Int. Int. Au (m) (m) (m) (ft) (ppb) 37.00 37.80 0.80 2.62 44 48.50 50.00 1.50 4.92 17 59.80 61.50 1.70 5.58 37 70.50 71.00 0.50 1.64 19 Pt Pd Rh Ttl PGM* Ttl PGM* Cu Ni (ppb) (ppb) (ppb) (ppb) (g/t) (%) (%) 310 601 -- 955 0.96 -- -- 413 694 -- 1124 1.12 -- -- 220 559 -- 816 0.82 -- -- 417 1000 -- 1436 1.44 -- -- *Total PGM = Pt+Pd+Rh+Au (where available) DANA LAKE SOUTH A recent infill IP survey between L200N and 100S has shown the chargeability anomaly is continuous through this area. A near continuous IP anomaly was also identified and is open to the southeast. In total the anomalies extend intermittently for a distance of 5 kilometers, and correlate with the eastern contact of the River Valley Intrusion. Prospecting over these anomalies has exposed mineralized magmatic breccia with assay values exceeding 1g/t PGM. Future Exploration: Stripping and detailed sampling programs will test IP target areas south and southeast of the South Zone. Future drill targets will be outlined on the basis of these results. Azen Creek Area - Jackson's Flats IP surveys will be carried out in these areas to complete the geophysical coverage of the prospective intrusive contact towards the southeastern extent of the Property. On behalf of the Board of Directors