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PAWEF On Other Exchanges
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As of 8:10 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

pacific north west capital (PAWEF) Snapshot

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Market Cap
398.0K
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308.1
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36.5M
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pacific north west capital (PAWEF) Details

Pacific North West Capital Corp., a mineral exploration company, acquires, explores for, and develops platinum group metals (PGMs), and precious and base metals mineral properties in Canada, the United States, and Burkina Faso. It owns a 100% interests in its flagship project, the River Valley PGM project, comprising 2 mining leases, which cover an area of 5,381.1 hectares located in the Dana and Pardo townships of Northern Ontario. The company was incorporated in 1996 and is headquartered in Vancouver, Canada.

pacific north west capital (PAWEF) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: C$71.6K
Senior Vice President of Business & Corporate...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

pacific north west capital (PAWEF) Key Developments

Pacific North West Capital Corp. Announces Winter 2015 Drill Program Results

Pacific North West Capital Corp. announced results from the Winter 2015 Drill Program on its 100% owned River Valley platinum group metal deposit near Sudbury, Ontario. Two diamond holes drilled to test a new target area each returned significant intersections of PGM-Cu sulphide mineralization hosted in favourable River Valley Intrusion rocks. Hole 2015-DN002 intersected 18 metres grading 2.786 grams per tonne ("g/t") palladium plus platinum (Pd+Pt), 0.095 g/t Au, 0.217% Cu from 137 metres downhole, including 9 metres grading 3.909 g/t Pd+Pt, 0.121 g/t Au and 0.264% Cu from 145 metres downhole. Hole 2015-DN001 intersected 16 metres grading 2.054 g/t Pd+ Pt, 0.091 g/t Au and 0.179% Cu from 184 metres downhole, including 5 metres grading 2.442 g/t Pd+Pt, 0.092 g/t Au and 0.166% Cu from 184 metres downhole and 5 metres grading 2.752 g/t Pd+Pt, 0.123 g/t Au and 0.259% Cu from 193 metres downhole. PGM-Cu Mineralization appears to be structurally offset from the Dana North Zone. Host rocks and inverted stratigraphy confirm new geological model for north part of the River Valley PGM deposit. Additional drilling planned to expand this new mineralized zone and to test similar exploration targets elsewhere at River Valley. The PGM-Cu deposit at River Valley is hosted in a distinctive gabbro Breccia Unit on or near the contact of the Paleoproterozoic age River Valley Intrusion with footwall rocks of the Grenville Province. The Breccia hosted PGM-Cu deposit has been traced in outcrops, trenches and drill holes for 12 km along strike on PFN's property and drilled to an average depth of only 220 metres below surface. The deposit consists of 10 mineralized zones separated by faults with apparent offsets of up to at least 1 km. The northernmost mineralized zone, Dana North, appears in map view to be truncated to the north by a Grenville fault. The Winter 2015 Drill Program was designed to test the target (dubbed T2) for evidence of right-angle rotation of the Dana North Zone into structural coincidence with that fault below a surface IP chargeability anomaly. 2015-DN001 (drilled at -60 degrees towards 325 degrees for 258 metres). This drill hole was designed to test: the new geological model for this part of the host River Valley Intrusion; and the presence of high grade mineralization that was previously drilled obliquely down-dip. The hole was drilled from southeast to northwest (rather than from east to west) to cut more orthogonally across the dip of the T2 Target. The hole intersected River Valley rocks immediately below overburden, the favourable Breccia Unit from 146 metres to 220 metres, Huronian (younger) sedimentary rocks from 220 metres to 224 metres, Grenville fault from 224 metres to 225 metres, and Huronian sedimentary rocks again from 225 metres to end of hole. The hole intersected three intervals of PGM-Cu mineralization within the favourable Breccia Unit. 2015-DN002 (drilled at -60 degrees towards 325 degrees for 216 metres). This drill hole was collar 60 metres along azimuth 325 degrees from hole 2015-DN001 in order to achieve the same objectives as the latter, but farther up-dip on the same cross section. This hole intersected River Valley Intrusion below overburden, the favourable Breccia Unit from 89 metres to 170 metres, younger Huronian sedimentary rocks from 170 metres, Grenville fault from 203 metres, and Huronian sedimentary rocks again from 207 metres to end of hole. The hole intersected two intervals of PGM-Cu mineralization within the favourable Breccia Unit.

Pacific North West Capital Corp. Announces Drill Program to Commence at River Valley Platinum Metals Project

Pacific North West Capital Corp. announced Company plans for winter exploration program on its 100% owned River Valley platinum group metals (PGM) property. The property covers about 100 square-km of highly prospective ground for PGM mineralization near the mining and mineral processing centre of Sudbury, Ontario. Following the Company's strategy of exploring and developing a new primary PGM mining camp in Canada, PFN will commence a winter drill program aimed at targeting shallow, high-grade PGM mineralization and extending the River Valley deposit farther to the east, along the trend of a surface induced polarization (IP) chargeability anomaly, dubbed Target T2. The main objectives of the T2 Drill Program are two-fold: drill test for the presence of high-grade mineralization that was previously drilled obliquely down-dip; and drill test a new geological model for this part of the host River Valley Intrusion. Two-to three new holes are planned to be drilled from south to north (rather than from east to west) orthogonally across the dip of the T2 target. Targeted depths are 150m to 200m vertically below surface. The drill results will provide more accurate data on the true nature and thickness of the PGM mineralization in the target area. Three-dimensional modeling results for the current exploration database suggest that the T2 portion of the River Valley Intrusion rotated during movement along Grenville age faults. Such deformation-related rotations have not previously been recognized at River Valley and present new opportunities for targeting high grade PGM mineralization. Approximately 500 metres of diamond drilling is currently planned for the Program (Phase 1), with potential to increase the amount up to at least 2000 metres (Phase 2), depending on success.

Pacific North West Capital Corp Mulls Acquisition

Pacific North West Capital Corp. (TSXV:PFN) is seeking acquisition. Pacific North West Capital Corp said, “The Company continues to evaluate PGM and nickel-copper properties and projects in North America for potential acquisition opportunities.”

 

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