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
Tags: #mining, #smallcapstocks, $TSXV, palladium, PGM, Platinum