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The World of EV’s Need Massive Supply of High Grade Lithium $FMR.ca $DGO.ca $BFF.ca $PFN.ca

Posted by AGORACOM-JC at 2:45 PM on Wednesday, November 9th, 2016

  • The World of EV’s Need Massive Supply of High Grade Lithium
  • Experts say that the amount of lithium being produced in North America will not be enough to meet the growing demand for EVs (electrical vehicles) but that some of problem might/might not be alleviated via recycling,

According to a report from the US EPA: “lithium-ion batteries “safe” for disposal in contrast to nickel-cadmium and lead-based battery products.”

Here is the reason recycling is not happening: the scrap value of lithium is 1/10 the of the value of lead, hence low to no economic gains from lithium battery recycling.

Another article by Waste Management World acknowledges that electrical vehicle-makers would like to re-use lithium from recycled batteries, but that: It does not make any economic sense to recycle the batteries.

Lithium-ion batteries contain a very small fraction of lithium carbonate as a percent of weight and are inexpensive compared to cobalt or nickel.

The average lithium cost associated with Li-ion battery production is less than 3% of the production cost.

Intrinsic value for the Li-ion recycling business currently comes from the valuable metals such as cobalt and nickel that are more highly priced than lithium.

Due to less demand for lithium and low prices, none of the lithium used in consumer batteries is completely recycled.

There is a growing North America shortage of lithium for EVs (electric vehicles): There are at least 20 or 25 direct-electrically powered and hybrids coming onto the market in the next 5 or 6 years. They will come from auto manufactures in the US, Europe, Japan, China and Korea.

Many in the industry are aware, talking about and working on the problem of providing the high high grade lithium. The investment opportunities abound.

About 70% of the world’s lithium deposits are concentrated in Argentina, Bolivia and Chile. The US imports over 80% of the lithium it uses.

Japan and South Korea (LG is the world’s largest producer) have both marked record high numbers of lithium-ion battery exports in H-1 in Y 2016, as auto companies ramp up battery consumption to power new all-electric offerings,

Benchmark Mineral Intelligence said a month ago. Lithium-ion battery shipments from Japan topped 33,500 tonnes in 2-H, up 17% from 2-H of of 2015 and over 31% Y-Y.

Have a terrific week

Source: http://www.livetradingnews.com/world-evs-need-massive-supply-high-grade-lithium-16753.html#.WCN4zcn5GNo

WEEKEND FEATURE: PFN (PFN:TSXV) At the Forefront of PGM and Lithium Exploration $PFN.ca

Posted by AGORACOM-JC at 6:05 PM on Friday, November 4th, 2016

PACIFIC NORTH WEST CAPITAL CORP.

(PFN:TSXV)

Two Divisions: PGM and Lithium

Pacific North West Capital belongs to the International Metals Group. Here are our other great companies.

  • PGM Division: focus on Development of the 100% owned River ValleyPGMProject.Canada’s Largest Undeveloped Primary PGM Resource, with 2.5 Moz PGM, in Measured plus Indicated mineral resources.New Discovery in 2015. Summer Surface Exploration ongoing and a Fall 2016 drill program to follow-up.
  • Lithium Canada: formed April 2016, with a focus on Exploration of Hard Rock Lithium, in Manitoba, Canada and Lithium Brine in Nevada.The company uses the Prospector Generator Model.

River Valley PGM Project

Largest Undeveloped Primary PGM Deposit in Canada

River Valley PGM Project is located 100 km east of Sudbury, Ontario

  • Sudbury hosts 1 of the Top 4 Nickel, Copper & PGM Mining & Processing Facilities , in the World
  • Skilled Workforce, Established Mining Culture; Safe, Stable Pro-Mining Jurisdiction
  • Excellent Road Access to River Valley Property; Rail and Power Nearby
  • $30M Invested in Exploration, Large High-Confidence Resource, Favourable Metallurgy
  • High Grade Drill Hole Discovery March 2015

Mineral Resources – Project has had Five, 43-101 Reports

  • May 2012 Measured Resources: 26 Mt @ 1.4 g/t Palladium equivalent at cut-off grade ≥0.8 g/t Palladium equivalent for 0.7 Moz PGM plus Gold.
  • May 2012 Indicated Resources: 66 Mt @ 1.4 g/t Palladium equivalent at cut-off grade ≥0.8 g/t Palladium equivalent for 1.7 Moz PGM plus Gold.
  • May 2012 Measured + Indicated Resources: 91 Mt @ 1.4 g/t Palladium equivalent at cut-off grade ≥0.8 g/t Palladium equivalent for 2.4 Moz PGM plus Gold
  • May 2012 Inferred Resources: 36 Mt @ 1.1 g/t Palladium equivalent at cut-off grade of 0.8 g/t Palladium equivalent for 0.6 Moz PGM plus Gold
  • (see www.PFNCapital.com for Details and Notes on the Resource Estimate)
  • Mineral Resources covered by Mining Leases (21-year Renewable Term)
  • Concentrate Grades: 16% Cu, 189 gpt PGM; Recoveries: 84% Cu, 69% PGM;
  • No Deleterious Metals or Minerals

August 2016 PFN Announces Acquisition of the RiverValleyPGM Extension Project from Mustang MineralsCorp.

  • Strike Length of PFN’s River Valley Deposit Increased from 12 km to 16 km
  • Mustang’s surface grab samples returned Assays of up to 10 g/t PGM
  • Drilling Highlights Include:
  • 1.4 g/t PGM/9.0m in MR02-59 from 35m downhole
  • 4.0 g/t PGM/2.1m in MR02-62 from 153.7m downhole
  • 2.2 g/t PGM/4.5m in MR02-64 from 60.5m downhole
  • PGM mineralization is Open at Depth and footwall potential remains untested
  • T2-like Targets identified from Favourable Geological and Geophysical Surveys
  • Targets under evaluation for drill testing

  • The Tanco Mine was one of North America’s only
  • producers of Tantalum, Cesium and Lithium minerals (Spodumene), with the mine opening in 1969. Owned by the Cabot Corporation as of 1993
  • Presently the Tanco Mine produces Cesium Formate, a completion fluid for the petroleum industry.
  • At the end of 1992 (last published historic mineral inventory) was 1.075 Mt of 0.12% Ta2O5, 3.5 Mt of 2.7% LiO2 and 315,000 t of 23.3% Cs2O

Clayton Valley Forks Lithium Brine Project, Clayton Valley, Nevada
Silver Peak

12 Month Stock Chart

Pacific North West Capital Corp. adds Additional Claims River Valley PGM Project, near Sudbury, Ontario $PFN.ca

Posted by AGORACOM-JC at 9:10 AM on Thursday, November 3rd, 2016

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  • PFN Adds a 2nd Round of Staked Claims, at their River Valley Project
  • These Newly Acquired Claims Expand Coverage of Internal and Footwall Targets
  • PFN’s Total Landholding at River Valley Now Increased to 104.5 km2 or 10,454 ha
  • PFN’s River Valley Project consists of a Primary Platinum Metal Deposit of 2.5 Moz Platinum Metals, in Near-Surface Measured and Indicated Resources
  • The Project is within 100 road-kms of Sudbury and its Excellent Infrastructure and Support
  • Fall Drill Program Underway
  • New 100%-owned Li Division, with 5 Hard Rock Pegmatite Projects, in Manitoba and Lithium Brine Projects, in Nevada – Fall Surface Programs Underway

Vancouver, British Columbia / November 3, 2016 – Pacific North West Capital Corp. (“PFN” the “Company”) (TSXV: PFN; OTCQB: PAWEF; FSE: P7J) is pleased to announce staking of 14 New, Unpatented Mining Claims, adjacent to its River Valley PGM Project (RVP) and north of its Recently Expanded River Valley Extension Project (Figure 1). The River Valley Platinum Metal Group (PGM) Deposit, on RVP, has been targeted by many drill campaigns, since 2000, which have returned High Grade Assays, at Shallow Depths and led to several large mineral resource estimates and positive metallurgical studies (for details see PFN websitewww.PFNCapital.com). Collectively, the Newly Expanded RVP, plus the Recently Acquired and Expanded River Valley Extension Project (see:Press Release October 5th, 2016) now comprise a total landholding of 10,454 ha. This large landholding gives PFN a Strategic Land Position and district scale PGM potential, near Sudbury, home to one of the World’s Largest Nickel-Copper-PGM Mining and Metallurgical Complexes.

The Expanded RVP overlies more of the interior of the River Valley Intrusion, in addition to the basal contact area. PGM Exploration has focused on the basal contact, hosted main mineralized trend and a very large, near-surface mineral resource has been delineated. However, the internal portion of the River Valley Intrusion, has not been systematically explored, despite the presence of high-grade PGM grab samples, mineralization in sporadic drilling, and geophysical anomalies. Approximately $10M in assessment credits can be applied to the claims, within the RVP property, allowing PFN to Focus Exploration on the Highest Priority Targets. Exploration is Underway and a Drill Program began in early October; results will be released in the Coming Weeks and Months.


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Figure 1: Geological map showing the location of PFN’s newly expanded River Valley and River Valley Extension Projects, within 100 road-kms of Sudbury (Ontario). Note that the River Valley PGM deposit extends for a strike length of 16 km, is up to 200 metres wide and is open at depth.

About PFN’s Platinum Group Metals Division

River Valley is Canada’s Largest Undeveloped Primary PGM Deposit.

Achievements to date and Future Plans, for River Valley, are outlined below as follows:

  1. 1.PFN currently has 100% ownership in the River Valley Project, subject to a 3% NSR, with Options to Buy Down
  2. 2.Completed Exploration and Development Programs, on the River Valley Property:

Include more than 600 holes drilled, since year 2000, and several Mineral Resource Estimates and Metallurgical Studies

  1. 3.Results for the current (2012) Mineral Resource Estimate are below
  2. 4.2015 Drill Program confirms New High Grade T2 Discovery
  3. 5.Exploration and Development Plans outlined for 2016
  4. 6.Ongoing Strategic Partner Search for River Valley Project
  5. 7.Results for the current Mineral Resource Estimate are summarized below:

– Prepared by Tetra Tech (Wardrop)

– High Confidence: Measured plus Indicated = 72% of total

– Reported on PdEq basis: Pd=40% & Pt=20% of the Payable Metals

– Pd to Pt ratio = 2.5:1; Cu to Ni ratio = 3:1

– High Grade Potential: particularly in the north part of the River Valley Deposit

Resources under Evaluation for Development Potential as Open Pit Mining Operation


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  1. 8.Results for the 2015 Discovery Drill Program on the T2 Target are as follows:

-Drill hole intercepts much higher than the average grade, of current Mineral Resource Estimate

-Possible New Mineralized Zone at the north end of the River Valley Deposit

-Show potential to take the River Valley PGM Project in a New Direction

-More drilling required and field crews have completed ground-proofing targets, to better plan Fall and Winter Drill Programs

  1. 9. Exploration and Development Plans for 2016:

-Mineral Prospecting and Geological Mapping on surface: In Progress

-Drill Programs targeted to add more, higher grade: Drilling Started October 2016

-Geological Interpretation and 2D/3D Modelling of all Drill and Surface Results

-Ongoing Strategic Partner Search for River Valley


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About PFN’s Lithium Division

The Company’s Lithium Division will focus on the Discovery, Acquisition, Exploration and Development of Lithium Projects in Canada. In the United States, the Company will use its wholly owned U.S.A subsidiary to Acquire and Develop Projects, in Active Mining Camps, in Nevada, Arizona and California.

Management believes that these New Age Metals, Lithium, PGMs and Rare Earths, have robust macro trends with surging demands and limited supply. Going forward, this New Division will Explore for the Minerals needed to fuel the demand for Energy Storage and other Core 21st Century Technologies.

The Company has a Growing Portfolio of Lithium Projects: The Clayton Valley Forks Li Project, in Nevada, is a recent Lithium Brine Project, Acquired by the Company (see PFN News Releases: April 25th, 2016 and May 9th, 2016). The Company also has several Hard Rock Lithium Projects in Canada: To date the Company has Acquired 5 Hard Rock Lithium Projects, in the Winnipeg River Pegmatite Field, in SE Manitoba(see PFN News Releases: April 21st, 2016;May24th, 2016; June 15th, 2016; July 5th, 2016 and July 21st, 2016). This Pegmatite Field hosts the Giant Tanco Pegmatite Mine that has been mined for Tantalum, Cesium and Spodumene (one of the Primary Lithium Ore Minerals) in varying capacities, since 1969. Today, the Tanco Mine is focused on the Mining and Production of Cesium Formate, a drilling fluid for the petroleum industry. PFN’s Li Projects are strategically situated to Further Explore this Pegmatite Field.Presently, the Company is the Largest Claim Holder in the Winnipeg River Pegmatite Field.

Lithium and Platinum Group Metal Prices have improved drastically, in recent months. Lithium supplies remain in deficit, relative to their demand. Both Metals Groups are used for the expanding worldwide automobile industry (conventional and electric). In the case of PGM’s, demand is increasing for Autocatalysts, a key component for reducing toxic emissions, for automotive, gasoline and diesel engines. Regarding Lithium, there is an ever increasing demand for batteries in cellphones, laptops, electric cars, solar storage, wireless charging and renewable energy products.


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Figure 3: PFN’s 5 New Lithium Projects in Manitoba, Surrounding Tanco Mine

Figure 4: Company Claim Blocks in the Clayton Valley area of Nevada

(Figure 4 is a Company-made composite and not intended for redistribution.

The Company accepts no responsibility for the accuracy of these claim blocks, other than the claim block associated with the Clayton Valley Forks Li Project)

Clayton Valley is located in Esmeralda County, Nevada, host to the Albemarle Corporation’s Silver Peak Lithium Mine and Brine Processing Operations. The mine has been in operation since 1967 and remains the only Brine-Based Lithium Producer in North America. The New Project Acquisition, in Nevada, provides the Company a Project, in an area that is well known for its Lithium Carbonate Production. Clayton Valley is a Centralized Location in Nevada, with Highway Access, Power Infrastructure, Water and Local Labor.

The company’s new Lithium Brine Project will be approximately 3.5 hours away from Tesla’s Gigafactory, which has a planned annual Lithium-ion battery production capacity of 35 gigawatt-hours per year, by 2020. The CV West Li Project is located approximately 3 hours north of the Faraday Electric Car Factory, to be operated in Las Vegas, Nevada.

Clayton Valley is one of the few locations globally, known to contain Commercial-Grade Lithium-Enriched Brines.

QUALIFIED PERSON

The contents contained herein, which relate to Exploration Results or Mineral Resources, is based on information compiled, reviewed or prepared by Dr. Bill Stone, Principal Consulting Geoscientist, for Pacific North West Capital. Dr. Stone is a Qualified Person, as defined by National Instrument 43-101 and has reviewed and approved the technical content.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

Lithium Canada 2016 Phase One Exploration Program Update Southeastern Manitoba $PFN.ca

Posted by AGORACOM-JC at 9:07 AM on Thursday, October 27th, 2016

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-Phase One Program of Pegmatite Sampling Completed on Lithman North, Lithium One and Lithium Two.

-Assay Results currently pending from the lab

-Lithman East is currently being Explored

-Numerous Pegmatites have been Reviewed and Sampled in the field

-Objective of a Summer/Fall Program: to Complete both Geological Reports and Go Forward Recommendations, on each of the Company’s 5 Lithium Projects in Manitoba

Vancouver, BC / October 27, 2016 – Pacific North West Capital Corp. (“PFN”, the “Company”) (TSXV: PFN; FSE: P7J; OTCQB: PAWEF) announces that its 100% owned subsidiary, Lithium Canada Developments, has been conducting its Phase One Exploration Program, of Pegmatite Exploration, and Sampling, over the past several months in SE Manitoba. Phase One is Near Completion and Assay Results are pending from the laboratory.

The Company carried out a Surface Phase One Exploration Program in the latter part of the summer of and into the fall of 2016. The purpose of this program was to Examine and Sample the known Surface Pegmatites, for their Lithium and REE potential. To date, the Surface Programs on Lithman North, Lithium One and Lithium Two Projects have been Completed. The Lithman East Project is currently underway and should be completed by the end of October.

The Phase One Exploration Program, as planned, will lay the groundwork for Future Exploration Plans, the Completion of a Geological Report, having further recommendations, with the goal of defining Drill Programs on our Manitoba Li Projects. Historic records from the region have indicated the Presence of Lithium Minerals to be present in several of the Pegmatites. Sampling has been carried out to confirm Lithium values.

All projects are situated in the Cat Lake – Winnipeg River Pegmatite Field of SE Manitoba. This Pegmatite Field hosts the World Class Tanco Pegmatite, which has been mined from an underground operation at the Tanco Mine Site, in various capacities, since 1969. It used to be one of the primary producers of Spodumene (a primary Lithium ore) in North America.

Current NI43-101 compliant resource calculations are not available for the Tanco Pegmatite. Academic publications have estimated the size of the deposit to be up to approximately 57 million tonnes. The last non-compliant published mineral reserves from the Tanco Pegmatite (end of 1992) were 1.075 million tonnes of 0.12% Ta2O5, 3.5 million tonnes of 2.7% LiO2, and 315,000 tonnes of 23.3% Cs2O.


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Manitoba Lithium Projects Location Map

About the Company’s Lithium Division

The Company’s new Lithium Division will focus on the Discovery, Acquisition, Exploration and Development of Lithium Projects in Canada. In the United States, the Company will use its wholly owned U.S.A subsidiary, to Acquire and Develop Projects in Active Mining Camps in Nevada, Arizona and California.

Management believes that these New Age Metals, Lithium, Platinum Group Metals (PGM’s) and Rare Earths, have robust macro trends with Surging Demands and Limited Supply. Going forward, this New Division will Explore for the minerals needed to fuel the demand for Energy Storage and other Core 21st Century Technologies.

The Company has a growing portfolio of Lithium Projects. The Clayton Valley Forks Li Project in Nevada is a recent Lithium Brine Project Acquired by the Company (PFN News Releases April 25th, 2016 and May 9th, 2016). The Company also has 5 Hard Rock Lithium projects in Canada (PFN News Releases April 21st, 2016; May 24th, 2016; June 15th, 2016; July 5th, 2016 and August 16th, 2016), located in the Cat Lake – Winnipeg River Pegmatite Field of SE Manitoba.

Lithium and Platinum Group Metal Prices Have Improved Dramatically in recent months. Lithium Supplies remain in deficit, relative to their demand. Both Metals Groups are used for the expanding worldwide automobile industry (conventional and electric). In the case of PGMs, demand is increasing for Autocatalysts, a key component for reducing toxic emissions for automotive, gasoline and diesel engines. Regarding Lithium, there is an ever-increasing demand for batteries in cellphones, laptops, electric cars, solar storage, wireless charging and renewable energy products.

An aggressive 2016/17 Acquisition and Exploration Program is underway, with the objective of having several projects at the Drill Ready stage, by early 2017.

About the Company’s Platinum Group Metals Division

Achievements to date and future plans for River Valley are outlined below as follows:

  1. 1.PFN currently has 100% ownership in the River Valley Project, subject to a 3% NSR, with Options to buy down;
  2. 2.Completed Exploration and Development Programs on the River Valley Property include more than 600 holes drilled since year 2000 and several mineral resource estimates and metallurgical studies;
  3. 3.Results for the current (2012) mineral resource estimate are below;
  4. 4.2015 Drill Program confirms New High Grade T2 Discovery


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  1. 5.Exploration and Development Plans outlined for 2016
  2. 6.Ongoing Strategic Partner search for River Valley Project
  3. 7.Results for the most recent Metallurgical Testwork Study are summarized below:

– Prepared by Tetra Tech (Wardrop)

– High Confidence: Measured plus Indicated = 72% of total

– Reported on PdEq basis: Pd=40% & Pt=20% of the payable metals

– Pd to Pt ratio = 2.5:1; Cu to Ni ratio = 3:1

– High Grade potential, particularly in the north part of River Valley deposit

– Resources under evaluation for development potential as open pit mining operation


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  1. 8.Results for the 2015 Discovery Drill Program on the T2 Target are as follows:

– Drill hole intercepts much higher than average grade, of current mineral resource estimate

– Possible new mineralized zone, at the north end of the River Valley Deposit

– Recent results show potential to take the River Valley PGM Project in a new direction

-More drilling required and field crews have Completed Ground-Proofing Targets, to better plan Fall and Winter Drill Programs


Click Image To View Full Size

  1. 9. Exploration and Development Plans for 2016:

-Mineral Prospecting and Geological Mapping on surface

-Drill Programs Targeted to add more, higher grade – Fall Drill Program, on the T2 Discovery, Underway

-Geological Interpretation and 2D/3D Modeling of all Drill and Surface results

-Application to the OPA’s Junior Exploration Assistance Program (JEAP) for 33% refund

of all Exploration Expenditures, up to $300,000.

-Ongoing Strategic Partner Search for River Valley

  1. 10.PFN has recently (News Release August 4th, 2016) acquired additional ground in the River Valley area from Mustang Minerals
  2. 11.Aggressive on-going Project Acquisition Program in North America, with Specific focus on the Sudbury Mining District and in Alaska

QUALIFIED PERSON

The contents contained herein, which relate to Exploration Results or Mineral Resources, is based on information compiled, reviewed or prepared by Dr. Bill Stone, Principal Consulting Geoscientist, for Pacific North West Capital. Dr. Stone is a Qualified Person, as defined by National Instrument 43-101 and has reviewed and approved the technical content.

On behalf of the Board of Directors

” Harry Barr ”

Harry Barr

Chairman and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

WEEKEND FEATURE: PFN (PFN:TSXV) At the Forefront of PGM and Lithium Exploration $PFN.ca

Posted by AGORACOM-JC at 4:50 PM on Friday, October 21st, 2016

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PACIFIC NORTH WEST CAPITAL CORP.

(PFN:TSXV)

Two Divisions: PGM and Lithium

Pacific North West Capital belongs to the International Metals Group. Here are our other great companies.

  • PGM Division: focus on Development of the 100% owned River Valley PGM Project. Canada’s Largest Undeveloped Primary PGM Resource, with 2.5 Moz PGM, in Measured plus Indicated mineral resources. New Discovery in 2015. Summer Surface Exploration ongoing and a Fall 2016 drill program to follow-up.
  • Lithium Canada: formed April 2016, with a focus on Exploration of Hard Rock Lithium, in Manitoba, Canada and Lithium Brine in Nevada. The company uses the Prospector Generator Model.

The company recently completed 2/3 of its C$1.5 million placement in June 2016 and is currently placing approximately C$500,000 at C5.5 cents with a full two year warrant at C10 cents for the first year and C20 cents for the second year

River Valley PGM Project

Largest Undeveloped Primary PGM Deposit in Canada

River Valley PGM Project is located 100 km east of Sudbury, Ontario

  • Sudbury hosts 1 of the Top 4 Nickel, Copper & PGM Mining & Processing Facilities , in the World
  • Skilled Workforce, Established Mining Culture; Safe, Stable Pro-Mining Jurisdiction
  • Excellent Road Access to River Valley Property; Rail and Power Nearby
  • $30M Invested in Exploration, Large High-Confidence Resource, Favourable Metallurgy
  • High Grade Drill Hole Discovery March 2015

Mineral Resources – Project has had Five, 43-101 Reports

  • May 2012 Measured Resources: 26 Mt @ 1.4 g/t Palladium equivalent at cut-off grade ≥0.8 g/t Palladium equivalent for 0.7 Moz PGM plus Gold.
  • May 2012 Indicated Resources: 66 Mt @ 1.4 g/t Palladium equivalent at cut-off grade ≥0.8 g/t Palladium equivalent for 1.7 Moz PGM plus Gold.
  • May 2012 Measured + Indicated Resources: 91 Mt @ 1.4 g/t Palladium equivalent at cut-off grade ≥0.8 g/t Palladium equivalent for 2.4 Moz PGM plus Gold
  • May 2012 Inferred Resources: 36 Mt @ 1.1 g/t Palladium equivalent at cut-off grade of 0.8 g/t Palladium equivalent for 0.6 Moz PGM plus Gold
  • (see www.PFNCapital.com for Details and Notes on the Resource Estimate)
  • Mineral Resources covered by Mining Leases (21-year Renewable Term)
  • Concentrate Grades: 16% Cu, 189 gpt PGM; Recoveries: 84% Cu, 69% PGM;
  • No Deleterious Metals or Minerals

Watch Our Recent Interview

Hub On AGORACOM / Corporate Profile

Pacific North West Capital Corp. Commences Drilling at their River Valley PGM Project near Sudbury

Posted by AGORACOM-JC at 9:06 AM on Tuesday, October 11th, 2016

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  • Drilling commenced on T2 Target at the north end of the River Valley PGM deposit
  • Follow-up to Discovery of High-Grade, Near-Surface Mineralization at T2 in 2015
  • Other similar targets Under Evaluation for Drilling in 2017
  • PFN’s River Valley Project consists of a Primary Platinum Metal Deposit
  • 2.5 Moz Platinum Metals in Near-Surface Measured and Indicated Resources
  • Within 100 road-kms of Sudbury, with Strong Infrastructure and Community Support
  • Strategic Partner sought for River Valley
  • 100%-owned Lithium Division, with Exploration Projects in Manitoba and Nevada
  • Summer/Fall Surface Exploration Programs in Progress

Vancouver, British Columbia / October 11, 2016 – Pacific North West Capital Corp. (“PFN” the “Company”) (TSXV: PFN OTCQB: PAWEF FSE: P7J) is very pleased to announce; Drilling Has Commenced, at their 100% owned River Valley Platinum Metals Group (PGM) Project, near Sudbury Ontario. In the next few weeks, PFN plans to complete up to 1100 metres of Diamond Drilling, on their High Grade T2 Target, in the north part of the 16 km long River Valley PGM Deposit.

The Drilling is planned to Test Extensions of the High-Grade Mineralization, intersected in Previous Drilling, between the Dana North Zone, to the west and the Pardo Zone to the east (Figure 1). Previous Drilling intersected Thick Intervals of High-Grade Mineralization (see PFN press release: March 11, 2015) Immediately Adjacent to the Dana North Zone. The Mineralization appears to be Open to Expansion, by Drilling along the strike, for up to 2 km, between Dana North and Pardo, and the up-dip and down-dip of the previous intersections.

The Current Plan is to Drill 4 Holes (Figure 2). The 1st Hole will be Drilled on the same section as the previous two holes, to Expand the Mineralization up-dip, toward the surface. The 2nd and 3rd Holes will be drilled on the next section, to the east, to Expand the Mineralization, 50 metres along the strike. The 4th Hole will be drilled 200 metres along the strike, to test for the presence of Favourable Geology and High-Grade Mineralization. Pending successful Drill Results, 6 Additional Holes are planned for Drilling, at T2, in early 2017. Numerous additional T2-like targets at River Valley are also under evaluation for Drill Testing in 2017.

PFN contracted Jacob Samuel Drilling Ltd., of Sudbury, to provide a Diamond Core Drill Rig. The Drill Program is being carried out with financial support from the Junior Exploration Assistance Program (JEAP Project 16011) (see PFN press release: June 6, 2016).

“We are extremely pleased to commence our T2 Target Drill Program for 2016” said Mr. Harry Barr, Chairman & CEO of PFN. “We have been looking forward to Drilling these follow-up holes, since the Discovery of T2, in early 2015. The Presence of a New High-Grade, Near-Surface, Mineralized Zone, adjacent to the access road, could significantly impact the Development Potential of our 100% owned River Valley PGM Project”.


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(Figure 1). Geological Map, showing the Location of the T2 Target, on PFN’s 100% owned River Valley PGM Project. The T2 Target is situated between the Dana North Zone to the west and the Pardon Zone to the east, at the north end of the River Valley Project. Note that the distance between Dana North and Pardo is approximately 2 km and vastly underexplored.


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(Figure 2). Plan View of 3D models of the T2 Target Feature, which is situated about 100 metres below surface, to the east of the Dana North Zone. Holes T2-16-03 to T2-16-06 will be Drilled in the Current Program. Holes T2-15-01 and T2-15-02, the Discovery Holes, were Previously Drilled in 2015.

About PFN’s Platinum Group Metals Division

River Valley is Canada’s Largest Undeveloped Primary PGM Deposit.

Achievements to date and Future Plans for River Valley are outlined below as follows:

    • –PFN currently has 100% ownership in the River Valley Project, subject to a 3% NSR, with Options to Buy Down
    • –Completed Exploration and Development Programs, on the River Valley Property:
    • –Include more than 600 Holes Drilled, since year 2000, and several Mineral Resource Estimates and Metallurgical Studies
    • –Results for the Current (2012) Mineral Resource Estimate are below
    • –2015 Drill Program Confirms New High Grade T2 Discovery
    • –Exploration and Development Plans outlined for 2016
    • –Ongoing Strategic Partner Search for River Valley Project
    • –Results for the current Mineral Resource Estimate are summarized below:

-Prepared by Tetra Tech (Wardrop)

-High Confidence: Measured plus Indicated = 72% of total

-Reported on PdEq basis: Pd=40% & Pt=20% of the Payable Metals

-Pd to Pt Ratio = 2.5:1; Cu to Ni Ratio = 3:1

-High Grade Potential: particularly in the north part of the River Valley Deposit

-Resources under Evaluation for Development Potential as Open Pit Mining Operation


Click Image To View Full Size


Click Image To View Full Size

    • –Results for the 2015 Discovery Drill Program on the T2 Target are as follows:

-Drill Hole intercepts Much Higher than the average grade, of the Current Mineral Resource Estimate

-Possible New Mineralized Zone at the north end of the River Valley Deposit

-Shows Potential to take the River Valley PGM Project in a New Direction

-More Drilling Planned


Click Image To View Full Size

    • –Exploration and Development Plans for 2016

-Mineral Prospecting and Geological Mapping on Surface: In Progress

-Drill Programs targeted to add More, Higher Grade: Drilling Underway; October, 2016

-Geological Interpretation and 2D/3D Modelling of all Drill and Surface Results

-Ongoing Strategic Partner Search for River Valley

Map showing the location of River Valley PGM Project relative to the City of Sudbury.

About PFN’s Lithium Division

The Company’s Lithium Division will focus on the Discovery, Acquisition, Exploration and Development of Lithium Projects in Canada. In the United States, the Company will use its wholly owned U.S.A subsidiary to Acquire and Develop Projects, in Active Mining Camps, in Nevada, Arizona and California.

Management believes that these New Age Metals, Lithium, PGMs and Rare Earths, have robust macro trends with surging demands and limited supply. Going forward, this New Division Will Explore, for the Minerals needed to Fuel the Demand for Energy Storage and other Core 21st Century Technologies.

The Company has a Growing Portfolio of Lithium Projects: The Clayton Valley Forks Li Project, in Nevada, is a recent Lithium Brine Project acquired by the Company (see PFN News Releases: April 25th, 2016 and May 9th, 2016). The Company also has several Hard Rock Lithium Projects in Canada: To date the Company has Acquired 5 Hard Rock Lithium Projects, in the Winnipeg River Pegmatite Field, in SE Manitoba (see PFN News Releases: April 21st, 2016; May24th, 2016; June 15th, 2016; July 5th, 2016 and July 21st, 2016). This Pegmatite Field hosts the Giant Tanco Pegmatite Mine, which has been mined for Tantalum, Cesium and Spodumene (one of the Primary Lithium Ore Minerals) in varying capacities, since 1969. Today, the Tanco Mine is Focused on the Mining and Production of Cesium Formate, a drilling fluid for the petroleum industry. PFN’s Li Projects are strategically situated, to further Explore this Pegmatite Field. Presently, the Company is the Largest Claim Holder in the Winnipeg River Pegmatite Field.

Lithium and Platinum Group Metal Prices have improved drastically, in recent months. Lithium Supplies Remain in Deficit, Relative to their Demand. Both Metals Groups are used for the expanding worldwide automobile industry (conventional and electric). In the case of PGMs, demand is increasing for Autocatalysts, a key component for reducing toxic emissions, for automotive, gasoline and diesel engines. Regarding Lithium, there is an ever increasing demand for batteries, in cellphones, laptops, electric cars, solar storage, wireless charging and renewable energy products.


Click Image To View Full Size

PFN’s 5 New Lithium Projects in Manitoba, Surrounding Tanco Mine


Click Image To View Full Size

Figure 1: Company Claim Blocks, in the Clayton Valley Area of Nevada

(Figure 1 is a Company-made composite and not intended for redistribution. The Company accepts no responsibility for the accuracy of these claim blocks, other than the claim block associated with the Clayton Valley Forks Li Project).

Clayton Valley is located in Esmeralda County, Nevada, host to the Albemarle Corporation’s Silver Peak Lithium Mine and Brine Processing Operations. The mine has been in operation since 1967 and remains the only Brine-Based Lithium Producer in North America. The New Project Acquisition in Nevada provides the Company a Project, in an area that is well known for its Lithium Carbonate Production. Clayton Valley is a centralized location in Nevada, with Highway Access, Power Infrastructure, Water and Local Labour.

The Company’s New Lithium Brine Project will be approximately 3.5 hours away from Tesla’s Gigafactory, which has a planned annual Lithium-Ion battery production capacity of 35 gigawatt-hours per year, by 2020. The CV West Li Project is located approximately 3 hours north of the Faraday Electric Car Factory, to be operated in Las Vegas, Nevada.

Clayton Valley is one of the few locations globally, known to contain Commercial-Grade Lithium-Enriched Brines.

QUALIFIED PERSON

The contents contained herein that relates to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Dr. Bill Stone, Principal Consulting Geoscientist for Pacific Northwest Capital. Dr. Stone is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

TSXV: PFN OTCQB: PAWEF FSE: P7J
www.PFNCapital.com [email protected]
Tel: +1-604-685-1870 Toll Free: 1-800-667-1870

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

INTERVIEW: PFN (PFN:TSXV) At the Forefront of PGM and Lithium Exploration $PFN.ca

Posted by AGORACOM-JC at 9:01 AM on Tuesday, October 11th, 2016

River Valley is Canada’s Largest Undeveloped Primary PGM Deposit.

  • 2.5 Moz PGM, in Measured plus Indicated Mineral Resources
  • PFN currently has 100% ownership in the River Valley Project, subject to a 3% NSR, with Options to Buy Down
  • Includes more than 600 holes drilled, since year 2000, and several Mineral Resource Estimates and Metallurgical Studies
  • Drill Program confirms New High Grade T2 Discovery
  • Ongoing Strategic Partner Search for River Valley Project

Results for the current Mineral Resource Estimate are summarized below:

  • High Confidence: Measured plus Indicated = 72% of total
  • Reported on PdEq basis: Pd=40% & Pt=20% of the Payable Metals
  • Pd to Pt ratio = 2.5:1; Cu to Ni ratio = 3:1
  • High Grade Potential: particularly in the north part of the River Valley Deposit
  • Resources under Evaluation for Development Potential as Open Pit Mining Operation

The Company’s Lithium Division will focus on the Discovery, Acquisition, Exploration and Development of Lithium Projects in Canada. In the United States, the Company will use its wholly owned U.S.A subsidiary to Acquire and Develop Projects, in Active Mining Camps, in Nevada, Arizona and California.

PFN’s 5 New Lithium Projects in Manitoba, Surrounding Tanco Mine

Hub On AGORACOM / Corporate Profile / Watch Interview

WEEKEND FEATURE: PFN (PFN:TSXV) At the Forefront of PGM and Lithium Exploration $PFN.ca

Posted by AGORACOM-JC at 12:13 PM on Friday, October 7th, 2016

River Valley is Canada’s Largest Undeveloped Primary PGM Deposit.

  • 2.5 Moz PGM, in Measured plus Indicated Mineral Resources
  • PFN currently has 100% ownership in the River Valley Project, subject to a 3% NSR, with Options to Buy Down
  • More than 600 holes drilled, since year 2000, and several Mineral Resource Estimates and Metallurgical Studies
  • Drill Program confirms New High Grade T2 Discovery
  • Ongoing Strategic Partner Search for River Valley Project

Results for the current Mineral Resource Estimate are summarized below:

  • High Confidence: Measured plus Indicated = 72% of total
  • Reported on PdEq basis: Pd=40% & Pt=20% of the Payable Metals
  • Pd to Pt ratio = 2.5:1; Cu to Ni ratio = 3:1
  • High Grade Potential: particularly in the north part of the River Valley Deposit
  • Resources under Evaluation for Development Potential as Open Pit Mining Operation

The Company’s Lithium Division will focus on the Discovery, Acquisition, Exploration and Development of Lithium Projects in Canada. In the United States, the Company will use its wholly owned U.S.A subsidiary to Acquire and Develop Projects, in Active Mining Camps, in Nevada, Arizona and California.

     

PFN’s 5 New Lithium Projects in Manitoba, Surrounding Tanco Mine

    

Hub On AGORACOM / Corporate Profile / Watch Interview

Pacific North West Capital Corp. Expands River Valley Extension Property, Near Sudbury, Ontario $PFN.ca

Posted by AGORACOM-JC at 9:38 AM on Wednesday, October 5th, 2016
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  • PFN’s newly staked claims increases size of its River Valley Extension property to 2150 ha
  • Expands coverage of footwall and internal targets within the River Valley Intrusion

  • PFN’s property position at River Valley increased to a total of 76 km2 or 7600 ha

  • PFN’s River Valley Project consists of a Primary Platinum Metal Deposit

  • 2.5 Moz Platinum Metals in near-surface Measured and Indicated Resources

  • Within 100 road-km of Sudbury and strong infrastructure and community support

  • Summer-Fall Surface Exploration Programs underway

  • New 100%-owned Li Division with Pegmatite Projects in Manitoba and Brine Projects in Nevada – Summer/Fall surface programs underway

October 5, 2016 / Vancouver, British Columbia – Pacific North West Capital Corp. (“PFN” the “Company”) (TSXV: PFN OTCQB: PAWEF FSE: P7J) announces staking of 8 new unpatented mining claims adjacent to its recently acquired River Valley Extension property (“RVX” – see PFN press release dated August 4th, 2016), located next to the company’s 100% owned River Valley PGM deposit (Figure 1). The River Valley PGM deposit on RVX has been targeted in drill programs completed by the previous owner (Mustang Minerals Corp.) that returned high-grade PGM assays at shallow depths. Collectively, the 100%-owned acquired and newly staked claims of the RVX now comprise 2153 ha and are located within 100 road-kms of the City of Sudbury, Ontario.

The expanded RVX overlies the southeast extension of the River Valley PGM deposit, as indicated in drill results, mineralized outcrops and geophysical surveys, and the footwall rocks and interior units of the River Valley Intrusion. Recent drilling of the footwall rocks to PFN’s River Valley Project, located on the same mineralized trend to the NW, discovered high-grade and near surface PGM mineralization at T2 (see PFN press release dated March 11th, 2015). Geological and geophysical trends on the RVX suggest presence of similar footwall targets.

Internally, the River Valley Intrusion on the RVX remains vastly under-explored. Surface grab samples, geophysical surveys and sporadic drilling on the RVX have returned high-grade PGM assays. However, the focus of exploration has generally been along the basal margin of the River Valley Intrusion and, more recently, in the footwall rocks to the intrusion. Field exploration programs are currently underway on the RVX to develop targets for drill testing, in 2017. Approximately $140K in assessment credits can be applied to the claims within the RVX property, allowing PFN to focus exploration on the highest priority targets.


Click Image To View Full Size

Figure 1: Geological map showing the location of PFN’s 100% owned River Valley Extension PGM property over the southeast corner of the River Valley Intrusion, adjacent to the River Valley PGM Project.

About PFN’s Platinum Group Metals Division

River Valley is Canada’s Largest Undeveloped Primary PGM Deposit.

Achievements to date and Future Plans for River Valley are outlined below as follows:

  1. 1.PFN currently has 100% ownership in the River Valley Project, subject to a 3% NSR, with Options to Buy Down
  2. 2.Completed Exploration and Development Programs, on the River Valley Property:

Include more than 600 holes drilled, since year 2000, and several Mineral Resource Estimates and Metallurgical Studies

  1. 3.Results for the current (2012) Mineral Resource Estimate are below
  2. 4.2015 Drill Program confirms New High Grade T2 Discovery
  3. 5.Exploration and Development Plans outlined for 2016
  4. 6.Ongoing Strategic Partner Search for River Valley Project
  5. 7.Results for the current Mineral Resource Estimate are summarized below:

– Prepared by Tetra Tech (Wardrop)

– High Confidence: Measured plus Indicated = 72% of total

– Reported on PdEq basis: Pd=40% & Pt=20% of the Payable Metals

– Pd to Pt ratio = 2.5:1; Cu to Ni ratio = 3:1

– High Grade Potential: particularly in the north part of the River Valley Deposit

– Resources under Evaluation for Development Potential as Open Pit Mining Operation


Click Image To View Full Size


Click Image To View Full Size

  1. 8.Results for the 2015 Discovery Drill Program on the T2 Target are as follows:
    • -Drill hole intercepts much higher than the average grade, of current Mineral Resource Estimate

      -Possible New Mineralized Zone at the north end of the River Valley Deposit

      -Show potential to take the River Valley PGM Project in a New Direction

      -More drilling planned


Click Image To View Full Size

  1. 9. Exploration and Development Plans for 2016
  • -Mineral Prospecting and Geological Mapping on surface: In Progress

    -Drill Programs targeted to add more, higher grade: Drilling Slated for Fall 2016

    -Geological Interpretation and 2D/3D Modelling of all Drill and Surface Results

    -Ongoing Strategic Partner Search for River Valley

Map showing the location of River Valley PGM Project relative to the City of Sudbury.

About PFN’s Lithium Division

The Company’s Lithium Division will focus on the Discovery, Acquisition, Exploration and Development of Lithium Projects in Canada. In the United States, the Company will use its wholly owned U.S.A subsidiary to Acquire and Develop Projects, in Active Mining Camps, in Nevada, Arizona and California.

Management believes that these New Age Metals, Lithium, PGMs and Rare Earths, have robust macro trends with surging demands and limited supply. Going forward, this New Division will Explore for the Minerals needed to fuel the demand for Energy Storage and other Core 21st Century Technologies.

The Company has a Growing Portfolio of Lithium Projects: The Clayton Valley Forks Li Project, in Nevada, is a recent Lithium Brine Project acquired by the Company (see PFN News Releases: April 25th, 2016 and May 9th, 2016). The Company also has several Hard Rock Lithium Projects in Canada: To date the Company has Acquired 5 Hard Rock Lithium Projects, in the Winnipeg River Pegmatite Field, in SE Manitoba (see PFN News Releases: April 21st 2016, May24th, 2016, June 15th, 2016, July 5th, 2016 and July 21st, 2016). This Pegmatite Field hosts the giant Tanco Pegmatite that has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium ore minerals) in varying capacities, since 1969. Today, the Tanco Mine is focused on the Mining and Production of Cesium Formate, a drilling fluid for the petroleum industry. PFN’s Li Projects are strategically situated to further Explore this Pegmatite Field. Presently, the Company is the Largest Claim Holder in the Winnipeg River Pegmatite Field.

Lithium and Platinum Group Metal Prices have improved drastically in recent months. Lithium supplies remain in deficit, relative to their demand. Both Metals Groups are used for the expanding worldwide automobile industry (conventional and electric). In the case of PGMs, demand is increasing for Autocatalysts, a key component for reducing toxic emissions, for automotive, gasoline and diesel engines. Regarding Lithium, there is an ever increasing demand for batteries in cellphones, laptops, electric cars, solar storage, wireless charging and renewable energy products.


Click Image To View Full Size

PFN’s 5 New Lithium Projects in Manitoba, Surrounding Tanco Mine


Click Image To View Full Size

Figure 1: Company claim blocks in the Clayton Valley area of Nevada

(Figure 1 is a Company-made composite and not intended for redistribution.

The Company accepts no responsibility for the accuracy of these claim blocks, other than the claim block associated with the Clayton Valley Forks Li Project)

Clayton Valley is located in Esmeralda County, Nevada, host to the Albemarle Corporation’s Silver Peak Lithium Mine and Brine processing operations. The mine has been in operation since 1967 and remains the only Brine based Lithium Producer in North America. The new project acquisition in Nevada provides the Company a project, in an area that is well known for its Lithium Carbonate production. Clayton Valley is a centralized location in Nevada, with highway access, power infrastructure, water and local labour.

The company’s new Lithium Brine Project will be approximately 3.5 hours away from Tesla’s Gigafactory, which has a planned annual Lithium-ion battery production capacity of 35 gigawatt-hours per year, by 2020. The CV West Li project is located approximately 3 hours north of the Faraday Electric Car Factory to be operated in Las Vegas, Nevada.

Clayton Valley is one of the few locations globally known to contain commercial-grade Lithium-Enriched Brines.

QUALIFIED PERSON

The contents contained herein that relates to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Dr. Bill Stone, Principal Consulting Geoscientist for Pacific Northwest Capital. Dr. Stone is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

Pacific North West Capital Corp. Appoints Veteran Geologist and International Business Man Vice-President, Business Development $PFN.ca

Posted by AGORACOM-JC at 9:10 AM on Friday, September 23rd, 2016

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  • Appointment of Trevor Richardson, as Vice-President, Business Development.
  • Trevor is a Co-founder and Director of Caracle Creek International Consulting (CCIC), an International Geological consulting firm, with offices in South Africa and Canada

Vancouver, B.C., Canada / September 23, 2016 – PFN would like to announce the appointment of Trevor Richardson, as Vice-President, Business Development. Trevor is a Co-founder and Director of Caracle Creek International Consulting (CCIC), an International Geological consulting firm, with offices in South Africa and Canada. Trevor has extensive exploration experience, in Africa and Canada, in precious metals, more specifically Gold and Platinum Group Metals as well as base metals. Registered as a Professional Natural Scientist, under the South African Council of Natural Scientific Professions, Trevor has managed many multi-million dollar projects from conception through to exploration and production. Trevor was also the co-founder, CEO, President and Vice President/Director of various junior exploration companies on TSXV.

Harry Barr, Chairman and CEO comments; “We are very pleased to welcome Trevor Richardson to the Pacific North West Capital Team. Trevor’s experience as a Geologist, Platinum Group Metals Expert and International businessman, will add considerably to the company’s expertise. The fact that Trevor has developed projects from conception, through to exploration and production, as well as managing public companies, will add significantly to our the PFN Team’s experience.”

About PFN’s Platinum Group Metals Division

River Valley is Canada’s Largest Undeveloped Primary PGM Deposit.

Achievements to date and Future Plans for River Valley are outlined below as follows:

  1. 1.PFN currently has 100% ownership in the River Valley Project, subject to a 3% NSR, with Options to Buy Down
  2. 2.Completed Exploration and Development Programs, on the River Valley Property:

Include more than 600 holes drilled, since year 2000, and several Mineral Resource Estimates and Metallurgical Studies

  1. 3.Results for the current (2012) Mineral Resource Estimate are below
  2. 4.2015 Drill Program confirms New High Grade T2 Discovery
  3. 5.Exploration and Development Plans outlined for 2016
  4. 6.Ongoing Strategic Partner Search for River Valley Project
  5. 7.Results for the most recent Mineral Resource Estimate are summarized below:

-Prepared by Tetra Tech (Wardrop)

-High Confidence: Measured plus Indicated = 72% of total

-Reported on PdEq basis: Pd=40% & Pt=20% of the Payable Metals

-Pd to Pt ratio = 2.5:1; Cu to Ni ratio = 3:1

-High Grade Potential: particularly in the north part of the River Valley Deposit

-Resources under Evaluation for Development Potential, as Open Pit Mining Operation

CX
Click Image To View Full Size


Click Image To View Full Size

  1. 8.Results for the 2015 Discovery Drill Program on the T2 Target:

-Drill hole intercepts much higher than the average grade, of current Mineral Resource Estimate

-Possible New Mineralized Zone at the north end of the River Valley Deposit

-Show potential to take the River Valley PGM Project in a New Direction

-Additional Drilling is slated for mid-October, 2016


Click Image To View Full Size

  1. 9.Exploration and Development Plans for 2016

-Mineral Prospecting and Geological Mapping on surface: In Progress

-Drill Programs targeted to add more higher grade: Drilling Slated for Fall 2016

-Geological Interpretation and 2D/3D Modelling of all Drill and Surface Results

-Ongoing Strategic Partner Search for River Valley


Click Image To View Full Size

Figure 1: Geological map showing the location of the PGM Exploration Property, acquired from Mustang Minerals Corp. The acquired property is south and adjacent to PFN’s Mining Leases, covering the River Valley PGM Project. The acquisition increases the strike length of the PGM deposit, to 16 km, 64 km2, or 16,000 acres, on PFN property.

About PFN’s Lithium Division

The Company’s new Lithium Division will focus on the Discovery, Acquisition, Exploration and Development of Lithium Projects in Canada. In the United States, the Company will use its wholly owned U.S.A subsidiary, to Acquire and Develop Projects in Active Mining Camps in Nevada, Arizona and California.

Management believes that these New Age Metals, Lithium, PGMs and Rare Earths, have robust macro trends with Surging Demands and Limited Supply. Going forward, this New Division will Explore for the minerals needed to fuel the demand for Energy Storage and other core 21st Century Technologies.

The Company has a growing portfolio of Lithium Projects. The Clayton Valley Forks Li Project in Nevada is a recent Lithium Brine Project Acquired by the Company (PFN News Releases April 25th, 2016, May 11th, 2016 and June 16th, 2016). The Company also has Hard Rock Lithium projects in Canada (PFN News Releases April 21st, 2016, May 24th, 2016), July 5th, 2016 and July 21st, 2016) located in the Winnipeg River Pegmatite Field of SE Manitoba.

Lithium and Platinum Group Metal Prices have Improved Dramatically in recent months. Lithium Supplies remain in deficit, relative to their demand. Both Metals Groups are used for the expanding worldwide automobile industry (conventional and electric). In the case of PGMs, demand is increasing for Autocatalysts, a key component for reducing toxic emissions for automotive, gasoline and diesel engines. Regarding Lithium, there is an ever-increasing demand for batteries in cellphones, laptops, electric cars, solar storage, wireless charging and renewable energy products.

An aggressive 2016/17 Acquisition and Exploration Program is underway with the objective to have several projects at the drill ready stage, by early 2017.


Click Image To View Full Size

PFN’s 5 New Lithium Projects in Manitoba, Surrounding Tanco Mine


Click Image To View Full Size

Figure 1: Company claim blocks in the Clayton Valley area of Nevada

(Figure 1 is a Company-made composite and not intended for redistribution. The Company accepts no responsibility for the accuracy of these claim blocks, other than the claim block associated with the Clayton Valley Forks Li Project)

Clayton Valley is located in Esmeralda County, Nevada, host to the Albemarle Corporation’s Silver Peak Lithium Mine and Brine processing operations. The mine has been in operation since 1967 and remains the only Brine based Lithium Producer in North America. The new project acquisition in Nevada provides the Company a project, in an area that is well known for its Lithium Carbonate production. Clayton Valley is a centralized location in Nevada, with highway access, power infrastructure, water and local labour.

The company’s new Lithium Brine Project will be approximately 3.5 hours away from Tesla’s Gigafactory, which has a planned annual Lithium-ion battery production capacity of 35 gigawatt-hours per year, by 2020. The CV West Li project is located approximately 3 hours north of the Faraday Electric Car Factory to be operated in Las Vegas, Nevada. Clayton Valley is one of the few locations globally known to contain commercial-grade Lithium-Enriched Brines.

QUALIFIED PERSON

The contents contained herein that relates to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Dr. Bill Stone, Principal Consulting Geoscientist for Pacific Northwest Capital. Dr. Stone is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content.

On behalf of the Board of Directors,

“Harry Barr”

Harry Barr

Chairman and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.