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NAM Commences 2017 Exploration Program At The River Valley Pgm Project $NAM.ca

Posted by AGORACOM-JC at 9:30 AM on Wednesday, May 10th, 2017

New age large

  • Closed $2,614,762 Private Placement, April 27, 2017
  • Signed contract with Abitibi Geophysics to commence surface geophysical program
  • Projects cover 16 km long River Valley PGM deposit
  • River Valley is the Largest Undeveloped Primary PGM resource in Canada, with 2.5 Moz PGM, in Measured Plus Indicated mineral resources and near-surface covering over 16kms of strike
  • New discovery in 2015: 3.91 g/t Pd+Pt/9m from 145m in drill hole 2015-DN002
  • Discovery confirmed in 2016: 4.07 g/t Pd+Pt/9m from 202m in drill hole DN-T2-06
  • Upon completion of the geophysical program, drilling slated for summer 2017.

MAY 10, 2017 Vancouver, Canada – New Age Metals Inc. (“NAM” and the “Company”) (TSX.V: NAM; OTCQB: PAWEF) is pleased to announce that the Company plans to commence its 2017 Exploration Program this spring with a surface geophysical program at the Pine Zone of the River Valley platinum group metal (PGM) deposit near Sudbury, Ontario (Figure 1). The Pine Zone is one of many PGM zones within the district-scale River Valley PGM Project and was most recently drilled in the fall of 2016 (see to press release dated December 13, 2016). The 2016 drill program confirmed the higher-grade, near-surface PGM discovery made previously in the 2015 drill program (see press release dated March 11, 2015) and highlighted the continuity of the mineralization for 200 metres along strike and 100-200 metres depth. The Pine Zone remains open along strike and at depth. The surface geophysical survey will be performed to test the potential for eastwards and southwards extension of the Pine Zone and aid generation of new targets for drill testing later in 2017.

The 2017 Exploration Program will begin in May-June with cutting of a line grid for the surface geophysical induced polarization (IP) survey. The IP survey itself will consist in part of a detailed orientation survey to record geophysical responses over known geologic features and higher-grade PGM mineralization located in the Pine Zone and the adjacent Dana North Zone (Figure 2). The orientation survey will produce a geophysical fingerprint, which can be used to target favorable geologic features and potentially identify additional blind, structurally controlled PGM mineralization to the east, down-dip and up-dip of the Pine Zone, and elsewhere at River Valley for drill testing. Approximately 2 km of untested potential for discovery of additional mineralization presently exists along strike between the current drilled extent of the Pine Zone and the under explored Pardo Zone to the northwest (Figure 2).

The geophysical survey will be a high-resolution OreVision(R) IP survey performed by Abitibi Geophysics (Thunder Bay, Ontario). OreVision IP can reveal targets at four times the depth of conventional IP without compromising near-surface resolution. The survey size will be 20 line-km over an area measuring 1.1 sq km (Figure 3). The survey will be performed along NW-SE trending, 50m to 100m spaced cut-lines across the apparent strike direction of the geological features controlling the Pine Zone. The depth of investigation is planned to be 440m, which is 40m below the maximum predicted depth of the Pine Zone in this area. In addition to the OreVision(R) IP survey, Abitibi Geophysics will also survey two open drill holes through the host geology and PGM mineralization for physical property measurements. The physical property data will benefit 3D inversion and modelling of the OreVision(R) survey dataset, thereby aiding generation of high priority targets for drill testing. Target generation will be followed by a ~5000 metre drill program in the summer or fall of 2017.


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Figure 1. Location of NAM’s 100% owned River Valley PGM Project.


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Figure 2. Property scale geological map showing the location of the Pine Zone discovery relative to the Dana North Zone immediately to the west and the Pardo Zone 2 km to the northeast. Note the apparent dextral sense of offset of the River Valley PGM deposit (red) across the Grenville Front Tectonic Zone.


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Figure 3. Design map grid for the OreVision(R) IP surface survey in the Pine Zone-Dana North Zone (DNZ) area of the River Valley PGM Project. WBSZ = West Boundary Shear Zone. Solid black circles = diamond drill hole collar locations.

ABOUT NAM’S PGM DIVISION

NAM’s flagship project is its 100% owned River Valley PGM Project (NAM Website – River Valley Project) in the Sudbury Mining District of NW Ontario (100 km east of Sudbury, Ontario). Presently, the River Valley Project has Measured + Indicated resources of 91 million tonnes @ 0.58 g/t* Palladium, 0.22 g/t Platinum, 0.04 g/t Gold, at a cut-off grade of 0.8 g/t for a PdEq of 2,463,000 ounces PGM plus Gold. The River Valley PGM-Copper-Nickel Sulphide mineralized zones remain open to expansion and are undergoing continued exploration.

In 2016, the company acquired the River Valley extension property which added approximately 4kms to the project mineralized strike length.

ABOUT NAM’S LITHIUM DIVISION

The Company has several Hard Rock Lithium Projects in Canada:

To date the Company has acquired 5 hard rock (Pegmatite) Lithium Projects, in the Winnipeg River Pegmatite Field, in SE Manitoba. 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 of Pollucite (primary Cesium ore) and the production of Cesium Formate, a completion drilling fluid for the petroleum industry. NAM’s Lithium Projects are strategically situated in this prolific Pegmatite Field. Presently, NAM is the largest mineral claim holder in the Winnipeg River Pegmatite Field and is seeking JV partners to further develop the company’s Li division.

The Company also announces that it has issued an aggregate of 287,954 common shares to Agora Internet Relations Corp. (“AGORACOM”). The securities issued represent the payment for services under the terms of an existing agreement and are subject to a four month plus one day hold period expiring September 3, 2017.

QUALIFIED PERSON

The contents contained herein that relate 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 of this news release.

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 Samples 9.52 g/t Pd + 3.07 g/t Pt on the River Valley Extension (RVX) Property near Sudbury $PFN.ca

Posted by AGORACOM-JC at 9:18 AM on Tuesday, December 6th, 2016

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  • Grab samples from RVX property return assay values of up to 12.60 g/t Pd + Pt
  • rab samples from footwall to Dana South return assay values of up to 4.36 g/t Pd + Pt
  • Drill program on 2015 discovery at T2 near Dana North completed
  • 2.5 Moz Platinum Metals in near-surface Measured and Indicated Resources
  • Within 100 road-km of Sudbury and strong infrastructure and community support
  • 100%-owned Lithium Division with exploration projects in Manitoba and Nevada

December 6, 2016 / TheNewswire / Vancouver, British Columbia – Pacific North West Capital Corp. (“PFN”) (TSXV: PFN OTCQB: PAWEF FSE: P7J) is pleased to announce results from the first phase of the 2016 field exploration program on its new 100% held RVX property and its flagship RVP property near Sudbury, Ontario. The program, consisting of geological mapping and mineral prospecting, confirmed the presence of high-grade platinum metal mineralization on the RVX property and expanded the overall footprint of mineralization at the Dana South Zone (Figure 1).

Three of 4 targeted areas on the RVX property were mapped and sampled by PFN geologists (Figure 2). A grab sample from Target Area 1 returned assay values of 12.60 g/t Pd + Pt from a rusty sulphide zone that extends across the width of the outcrop exposure. Three surface grab samples from Target Area 4 returned Pd + Pt assay values of greater than 1 g/t, with a maximum of 2.44 g/t Pd+ Pt, 0.2% Cu and 0.05% Ni from mineralized outcrops of melagabbronorite with pegmatitic clinopyroxenite fragments and quartz veins. A grab sample from Target Area 2 returned a Pd + Pt assay value of 1.11 g/t. Target Area 3 was not sampled due to limited access. Clearly follow-up field work is warranted in each of these four target areas. Moreover, the IP chargeability anomalies in the footwall rocks and to the west internally within the River Valley Intrusion (near the boundary with the RVP) remain to be explored (Figure 2).

On the RVP property (Figure 1), three grab samples from the footwall to Dana South Zone returned assays of greater than 2 g/t Pd + Pt and 0.15% Cu (Table 2). These three samples were taken from outcrops of River Valley Intrusion along the shore of Dana Lake, approximately 50 metres from the east boundary of the Dana South Zone (Figure 3). The area between the outcrop and stripped area is covered, but the indications of high-grade mineralization where sampled suggest that the Dana South Zone could potentially be expanded eastward, or that another mineralized zone may be present. Further field work in this area is definitely warranted. The broader implication of these findings, particularly in view of the T2 discovery near Dana North in 2015, is that the footwall to the main River Valley Intrusion remains under explored for PGM and will be a high priority for future exploration programs.

Note too that a major objective of the field exploration program was to search for outcrops of River Valley Intrusion rocks in the footwall above the T2 target (Figure 1). Outcrops of favourable intrusive rocks (Breccia Unit and Boundary Zone) were found, but do not appear to be mineralized. Nevertheless, the presence of such rocks where they are not supposed to be supports the geological model for the T2 Target. A follow-up drill program on the T2 Target was completed in October and assay results are pending from the laboratory.

Financial support for the 2016 field program from the JEAP Program is gratefully acknowledged.


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Figure 1. Geological map showing the locations of the River Valley Extension Project and the River Valley Project properties.


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Figure 2. Geological outline map showing the locations of high grade assay samples taken from the River Valley Extension Project.

Table 1. Selected samples collected from target areas of PFN’s River Valley Extension Project


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Figure 3. Geological map showing the location of three high grade PGM samples to the east (footwall) of the Dana South Zone, River Valley deposit. These samples are from mineralized outcrops of favourable River Valley rocks along the shore of Dana Lake (not shown). Note that the PGM grades of these samples (2.35 to 4.36 g/t Pd + Pt) are similar to the PGM grade (4.73 g/t Pd + Pt) of a sample taken from the Dana South Zone itself.

Table 2. Selected samples collected from the Dana South Zone area of PFN’s Flagship River Valley Project


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Sample Assay Procedures

The grab samples were sent to the SGS Canada Inc. Laboratory in Lakefield, Ontario sample preparation and assay analyses. The preparation involved crushing of 3 kilograms of each sample to 90% passing 2 mm, and then pulverizing 0.5 kilograms to 85% passing 75 micrometres. Palladium, platinum and gold were assayed by fire assay with ICP-AES finish. Copper, nickel and 32 other metals were assayed by two acid digestion and ICP-OES finish. Blind standards and blanks were not submitted for assay with the samples, due to the reconnaissance nature of the field program. However, the SGS Canada Inc. Laboratory followed their own internal QA/QC procedures for the assay analyses.

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). 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). 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.


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


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Company claim blocks in the Clayton Valley area of Nevada

(Above map 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.

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

Posted by AGORACOM-JC at 4:35 PM on Wednesday, November 23rd, 2016

  • 100% owned River Valley PGM resource in Northern Ontario is one of the largest undeveloped primary PGM resources in Canada
  • Measured + Indicated resources contain ~ 2,500,000 ounces PGM + Gold
  • Resource under Evaluation for Development Potential as Open Pit Mining Operation

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 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.

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


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    • –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


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    • –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.


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


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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 Info@PFNCapital.com
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

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.


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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


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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 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.


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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 PGM Geologist to Advisory Board $PFN.ca

Posted by AGORACOM-JC at 10:09 AM on Wednesday, September 21st, 2016

Ron Hieber is a geology graduate of Rhodes University, South Africa, with high school education having been completed in Zimbabwe, in 1968. He began his career with Anglo American Platinum, on the company’s Platinum mines in Rustenburg, followed by service on the mines in other Bushveld Complex areas, becoming Chief Geologist at Rustenburg in 1981. In 1986 he was appointed to the corporate office as head of all Anglo Platinum’s mining geology and exploration functions, which remained part of his responsibilities until he retired from Anglo Platinum at 58, in 2009. During his service with Anglo, Ron was made a Divisional Director and the Group’s Survey, Ventilation, Rock Engineering and Strategic Planning functions were added to his Geological responsibilities. From the time of his appointment at Corporate, he contributed significantly to the accumulation, retention and management of Anglo Platinum’s mineral rights portfolio, on the Bushveld Complex and Great Dyke, whilst also directing worldwide PGM Exploration Programmes for Anglo Platinum, in Australia, China, Canada, Russia and Brazil. This included heading-up the River Valley Option/Joint Venture for Anglo Platinum, from Discovery, in 2000, with Pacific North West Capital.

At the time he retired, he was a Director of several Anglo Platinum subsidiaries, including Unki Platinum Ltd. (Zimbabwe) and Rustenburg Platinum Mines Ltd. From 2009, Ron worked as Executive Director: Business Development for Kameni Ltd., which had PGM interests, in the Eastern Bushveld and Zimbabwe. After selling its projects, Kameni closed and Mr. Hieber now runs his own company, with interests in South African and Zimbabwean Gold projects.

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
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  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.


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


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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.