Agoracom Blog

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

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


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