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Gold/Mining/Energy
Pacific North West Capital Corporation-PFN on Alberta
An SI Board Since October 1998
Posts SubjectMarks Bans Symbol
2255 44 0 PFN
Emcee:  John E.Quinn Type:  Unmoderated
Introduction Market Data Compact
Pacific North West and Goldwright Explorations to drill potential Platinum/Palladium prospect in Janes Township 50 km. NE of Sudbury,Ontario.

Thursday, October 08, 1998

Ontario Platinum/Palladium Discovery

PACIFIC NORTH WEST CAPITAL ("PFN-Y") - Ontario Platinum/Palladium Discovery

Harry Barr, President of Pacific North West Capital (the "Company" or "PFN"), is pleased to announce the initial results of surface sampling from the Jackie Rastall Prospect, located in Janes Twp 50 km NE of Sudbury, Ontario. PFN may earn a 25% interest in Goldwright Exploration Inc. a private Ontario company, completing a $200,000 equity investment, and up to a 70% interest in the Janes Twp projet and a second project in adjacent Kelly Twp, from Goldwright through exploration expenditures of $1 million over 4 years, completion of a feasibility study, and arrangement of project financing.

Exploration Results

The recent mapping, sampling, and geophysical program was initiated to assess significant platinum/palladium values associated with previously known copper-nickel mineralization. Continuous samples across surface outcrops were taken using a diamond saw, and assays were conducted by Accurassay Laboratories, Thunder Bay, Ontario. Results from Trench #1 over a sample length of 13.34m (43.8 ft) are as follows:

Pd(g/t) Pt(g/t) Au(g/t) Pd+Pt(+Au %) Cu(%) Ni(%)
3.52 0.44 0.40 4.36 1.04 0.42
Including 5.08 g/t Pd+Pt+Au over 5.8m (19 ft)

The Platinum Group Element ("PGE") mineralization is associated with disseminated chalcopyrite, pyrrhotite and pentlandite in gabbroic rocks of Proterozoic age. Preliminary microprobe work has identified the main PGE-bearing mineral as michenerite (PdBiTe). The recent program increased the strike extent of the surface mineralization from 500 ft. to 1,700 ft., and assays are pending on several other trenches.

Under a separate agreement, PFN and Goldwright have, on a 50/50 basis, staked an additional 128 claim units covering several other nearby mineralized horizons, increasing the size of the combined land holdings to over 17,000 acres. A regional-scale exploration program has commenced to evaluate the new ground position.

Trenching of the Jackie Rastall Prospect is ongoing, and further announcements will follow with assay results, timetables and budgets for the drilling of selected targets. PFN currently has working capital of over $500,000, no debt, and is reviewing other North American platinum/palladium prospects with the objective of aggressive acquisition of additional projects prior to spring 1999. TEL: (604) 685-1870

Harry Barr, President FAX: (604) 685-8045

1-800-667-1870

Toll Free EMAIL: pfn@info-mine.com
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2255<u>PGMs in ONT</u> Pacific North West is a N American Choice <icanucklehead80-10/6/2011
2254On the move... [graphic]bull_dozer-1/31/2011
2253New resource calc in the new year won't help the carcass of the PFN Sudbury RJ2-12/30/2005
2252Better followup last remark April 15/05 and their still MIA, what the hay,hay!RJ2-4/15/2005
2251has PFN not come up without a deal yet? It boggles the mind what is going to be RJ2-6/1/2004
2250News on Union bay... Pacific North West Capital Corp. - Lonmin Approves US $1.2TheSlowLane-6/1/2004
2249Okay, back to reality. Bid/ask at .62 now. But...we'll see where it goes. TheSlowLane-5/26/2004
2248Yup. Good points and it was ridiculously low, I thought, given continued Anglo fCondor-5/26/2004
2247Condor - I don't have it either, I'm just looking at the quotes on SH. TheSlowLane-5/26/2004
2246Might be early errata. I don't have Toronto depth. Whats it look like? CCondor-5/26/2004
2245Pre-market bid/ask at .77 from a close of .61. Hmmm.TheSlowLane-5/26/2004
2244Message 20144093Condor-5/19/2004
2243Hello Condor No question its low grade ore but its at surface, with low recoverVAUGHN-4/26/2004
2242Oui, oui. I guess PFN is in the avant garde, lighting the downward path for theTheSlowLane-4/23/2004
2241I think you will agree that it was already weakening when weakening wasn't yCondor-4/23/2004
2240Condor - if the stock price ramping down was not characteristic of many other juTheSlowLane-4/23/2004
2239<i>company would be doing a bulk sample, likely at Dana with an HQ drill tCondor-4/23/2004
2238Hello Condor I think most of the long haul is behind us and while there certainVAUGHN-4/23/2004
2237<i>How soon?</i> Good question. I don't know but I didn't thCondor-4/22/2004
2236Hello Condor Continued good news but the market never seems to get excited untiVAUGHN-4/22/2004
2235Pacific North's River Valley budget set at $3-million Condor-4/22/2004
2234Not exactly inspiring. At least the volume isn't huge...just a long slow blTheSlowLane-4/19/2004
2233Ouchh .65 This is very weak. Either Anglo is bailing out or Agnew is coming up Condor-4/19/2004
2232Pacific North West Capital says Alaska platinum prospecting 'encouraging'TheSlowLane-1/23/2004
2231Pacific North West Capital Corp. - 3km step-out at Razor Zone confirms PGM minerTheSlowLane-1/22/2004
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