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pacific north west capital (PFN) Snapshot

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03/19/14 - C$0.14
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pacific north west capital (PFN) 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 60 kilometers to the east of Sudbury, Ontario in Canada. The company was incorporated in 1996 and is headquartered in Vancouver, Canada.

Founded in 1996

pacific north west capital (PFN) 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 (PFN) Key Developments

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.”

Pacific North West Capital Corp. Provides Update on Exploration of its 100% Owned River Valley Platinum Group Metals Project Near the City of Sudbury, Ontario

Pacific North West Capital Corp. provided an update on exploration of its 100% owned River Valley platinum group metals project near the city of Sudbury, Ontario. The LiDAR data were collected during an aerial survey of the PGM project property by Airborne Imaging Inc. of Calgary, Alberta. LiDAR is a remote sensing technology that uses laser light to create high resolution digital terrain models. The LiDAR data collected over the River Valley Project has been used to produce a bare earth digital terrain model for the purposes of: detailed structural and geological interpretation; and future mine site planning studies. The LiDAR bare earth model in combination with PFN's extensive geological, geophysical and geochemical database will targeting new areas of the property with high exploration potential. Detailed LiDAR models can also aid the future design of roads, open pits, and waste and tailings facilities, and the identification of building stone sources for construction purposes.


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