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TSX: PFN OTCBB: PAWEF Frankfurt: P7J.F
PFN's 2009 drill program failed to intercept significant mineralization in any of the holes. The best assay result from the program was 8 parts per billion (ppb) gold, 302 ppb platinum and 695 ppb palladium over 1.5 metres apparent width. The project was subsequently put on hold pending re-analysis of humus samples taken by Kinbauri Gold Corp. in 2008. These analyses were completed and interpreted in August and September of 2009, and they have added little new information to the project. As a result, PFN terminated the option agreement with Kinbauri Gold (now owned by Orvana Minerals Corporation) on
To view the Fiedmont
http://www.pfncapital.com/i/maps/fmap.jpg
About Orvana Minerals Corp:
Orvana Minerals Corp. (TSX: ORV) is a low-cost gold producer with significant growth opportunities and a strong balance sheet. Orvana owns and operates the Don Mario Mine in
About Pacific North West Capital Corp:
Pacific North West Capital Corp. (TSX: PFN; OTCBB: PAWEF;
Pacific North West Capital Corp. has approximately
Disclaimer: This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with The Toronto Stock Exchange, British Columbia Securities Commission and the United States Securities & Exchange Commission.
On behalf of the Board of Directors
(signed)
Harry Barr
President and CEO
The Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release
SOURCE Pacific North West Capital Corp.
Copyright (C) 2008 PR Newswire. All rights reserved
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