AGORACOM Small-cap Investor Relations Blog

• Samples from the Silverleaf Pegmatite yielded assays up to 4.33% Li2O, 2.08% Rb2O and 0.04%Ta2O5
•  Numerous other Pegmatites and Pegmatitic Granite sites sampled
•  Drilling slated for early 2017

December 8th, 2016 / Vancouver, British Columbia – Pacific North West Capital Corp. (“PFN” the “Company”) (TSXV: PFN; OTCQB: PAWEF; FSE: P7J) is pleased to announce that its 100% owned subsidiary, Lithium Canada Developments, has received the assay results of its Phase One Exploration Review of the Lithium One Project.

The Lithium One Project (April 21st, 2016 News Release) is located 125 kilometres northeast of Winnipeg, Manitoba, in the Cat Lake-Winnipeg River Pegmatite Field. This Pegmatite Field is host to the world-class Tanco Pegmatite, which has been mined since 1969. Historically, the project area is known for the presence of numerous surface Pegmatites, of various dimensions and compositions.

The Company carried out a Phase One Exploration Program, whereby several of the known Lithium-bearing Pegmatite were prospected and sampled, including the Greer Lake Pegmatitic Granite. The purpose of the exploration program was to obtain modern-day assay analyses of the Pegmatites and to ground proof the historic Pegmatite locations. Numerous Pegmatites and Pegmatite swarms were not sampled, due to access difficulties and will be prospected at a later time.

The Silverleaf Pegmatite is a zoned complex Lithium-bearing Pegmatite, with a surface exposure of approximately 80 metres x 45 metres. It was the largest Pegmatite reviewed. Samples taken from the Lepidolite-Spodumene Zone yielded assays from 1.30% to 2.43% Li2O, 0.15% to 2.08% Rb2O and 104 ppm to 447 ppm Ta2O5. This zone is approximately 50 metres x 20 metres in size and extends into a historic excavated open pit. The open pit originates from the late 1920s, when a bulk sample of Spodumene was mined from the southwest side of the Silverleaf Pegmatite. Large scale mining operations were not undertaken at the time, due to changes in the market conditions and commodity prices. A sample from the historically mined Spodumene rock pile returned values up to 4.33% Li2O.

Many of the sampled Pegmatites are hosted in the Greer Lake Pegmatitic Granite. This unit is exposed on surface, over an approximate area of 3500 metres x 800 metres. The nature of the in-situ segregation, of the sampled Pegmatites, suggests a potential exploration target with the possibility of other complex Lithium-bearing Pegmatites, hosted within the Pegmatitic Granite, but below surface. Lithium-bearing Pegmatites tend to occur along the southern margin of the Greer Lake Pegmatite Granite (Figure 2), which is considered a potential exploration target horizon.Historic exploration of the area has resulted in several untested lithogeochemical anomalies that will be target areas for future exploration.

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Figure 1: Lithium One Project Location Map

The Annie Pegmatite is exposed on surface, for an approximate area of 15metres x 90 metres. Samples returned assays of 0.10% to 0.64% Li2O and 0.21% to 0.81% Rb2O. Other Pegmatites returned elevated levels of Lithium. Due to the zoned nature of some of the Pegmatites, additional Lithium-rich zones may exist, but are not exposed on surface. It is recommended that a Program of Mapping and Sampling be carried-out, over the southern margin of the Greer Lake Pegmatite Granite, during the 2017 summer field season, in addition to mapping and prospecting the Pegmatites that were not examined, this field season. A Drill Program of 3000 metres is proposed for 2017, in order to test several of the surface exposed Pegmatites.

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Figure 2: Lithium One Project Pegmatite Map

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Table 1: Pegmatite Field Assays – Lithium One Project

To date, the Company has approximately 6,318 hectares (15,612 acres) of mineral claims, with Lithium Mineral Potential, in the Cat Lake-Winnipeg River Pegmatite Field, of SE Manitoba. PFN is the Largest Mineral Claim Holder, in the Pegmatite Field. As part of the Company’s Prospector Generator Model, negotiations are currently ongoing, with interested 3rd parties, for possible Option/Joint Ventures and other Exploration Initiatives.

PEGMATITE SAMPLE PROCEDURES

The Pegmatite samples were sent to the Activation Laboratories facility, in Ancaster, Ontario for analysis. Samples were prepared, using the lab’s Code RX1 procedure. Samples are crushed, up to 95% passing through a 10 mesh, riffle split, and then pulverized, with mild steel, to 95%, passing 105 ?m. Analyses were completed, using the lab’s Ultratrace 7 Package; a Sodium Peroxide fusion which allows for total metal recovery and is effective for analysis of Sulphides and refractory minerals. Assay Analyses are carried out, using ICP-OES and ICP-MS instrumentation. Due to the reconnaissance and prospecting nature of the Phase One Program, independent standards, or blanks, were not submitted with the samples. However, Activation Laboratories followed their own internal QA/QC procedures. It is recommended that for future detailed mapping/sampling programs and for drilling, a full QA/QC program of standards, duplicates and blanks be implemented.

ABOUT PFN’S PGM DIVISION

PFN’s flagship project is its 100% owned River Valley PGM Project, (PFN Website – River Valley Project) in the Sudbury Mining District of NW Ontario (60 kilometres due 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. River Valley PGM-Copper-Nickel Sulphide mineralized zones remain open to expansion and are undergoing continued exploration. Results are expected from the Fall Drill Program, in the next few weeks.

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 North West Capital Corp. 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.

• Phase One Program of pegmatite sampling completed on Pacific North West Capital’s (PFN) Lithium Projects in SE Manitoba by its 100% owned Lithium Division, Lithium Canada Developments (LCD)
• Two main pegmatites were sampled
• Multiple high grade surface samples from the Eagle Pegmatite yielding assays of up to 3.04% Li2O
• Surface samples from the FD No. 5 Pegmatite yielded assays of up to 2.08% Li2O
• 2000m drill program recommended and a detailed mapping and sampling program.

November 17th, 2016 / Vancouver, British Columbia - Pacific North West Capital Corp. (“PFN” the “Company”) (TSXV: PFN; OTCQB: PAWEF; FSE: P7J) is pleased to announce that its 100% owned subsidiary, Lithium Canada Developments has received the assays from its 2016 Phase One Field Program on the Lithium Two Project. The company considers these results to be very positive and highlights the lithium potential of the Lithium Two Project.

The Lithium Two Project is located north of Cat Lake, approximately 145 kilometers (90 miles) northeast of Winnipeg, Manitoba (Canada) and 22 kilometers north of the Tanco Mine Site (Figure 1). Geologically, the project is situated in the Cat Lake portion of the Cat Lake – Winnipeg River Pegmatite Field. The Winnipeg River Pegmatite Field hosts the World-Class Tanco Pegmatite, which has been mined since 1969 at the Tanco Mine Site. At one time, the Tanco Mine was North America’s only producer of Spodumene (a primary lithium mineral). This Project has excellent access via a major gravel covered provincial highway in the project area.

Two historically known Pegmatites exist in the project area; the Eagle Pegmatite and the F.D. No. 5 Pegmatite. Numerous other surface exposed Pegmatite Dykes occur in the project area. Surface samples were collected during a Phase One Exploration Program to evalute the two major Pegmatites. Assays are displayed in Table 1 and sample locations are shown in Figure 2.

The Eagle Pegmatite has been reported to be exposed at surface as a series of lenticular Spodumene-bearing Dykes, over a distance of about 823 meters, with a general strike of 077? and a near vertical dip. Approximately 200 meters of the Eagle Pegmatite was examined in this program. In 1947, drilling of the Eagle Pegmatite estimated that there was 545,000 tonnes (600,000 tons) of Spodumene with an average content of 1.4% Li2O to a depth of 60 meters (200 feet). This is a historic estimation and is not NI 43-101 compliant and should not be relied upon. The Eagle Pegmatite remains open to depth.

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Figure 1: Lithium Two Project Location Map

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The F.D. No. 5 Pegmatite is exposed over an area of 15 square meters, but is poorly exposed away from the main showing. This Pegmatite strikes at 80? and dips near vertically to the north. The Pegmatite has not been previously drill tested.

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Table 1: Lithium Two Project Assay Result

The Lithium content over each of the sampled Pegmatites is extremely high. In addition, Tantalum, Cesium and Rubidium contents are enriched – consistent with a Lithium-Cesium-Tantalum (LCT) Type Pegmatite. LCT Type Pegmatites are the deposit types of interest in Lithium Exploration. The Tanco Pegmatite is a LCT Type Pegmatite.

The Pegmatite samples were sent to the Activation Laboratories facility in Ancaster, Ontario for analysis. Samples were prepared using the lab’s Code RX1 procedure, in which samples are crushed up to 95% passing through a 10 mesh, riffle split, and then pulverized with mild steel to 95% passing 105 um. Analyses were completed using the lab’s Ultratrace 7 Package. This package is a sodium peroxide fusion, which allows for total metal recovery and is effective for the analysis of sulphides and refractory minerals. Assay Analysis is carried out using ICP-OES and ICP-MS instrumentation. Due to the reconnaissance and prospecting nature of the Phase One Program, independent standards or blanks were not submitted with the samples. However, Activation Laboratories followed their own internal QA/QC procedures. It is recommended that for future detailed mapping/sampling programs and for drilling, a full QA/QC program of standards, duplicates and blanks be implemented.

It is recommended that additional samples be collected along the strike of the Eagle Pegmatite and during reconnaissance sampling of the minor pegmatites in the project area. Additional sampling will occur over the next few weeks. The sampling results will be utilized to create a surface distribution map of the lithium content. During the 2017 field season, it is recommended that the area be mapped in detailed with the purpose of understanding the controls on the Pegmatite emplacement and discovering more Pegmatites. A drill program of 2000 meters is recommended for 2017 to test the Eagle and F.D. No. 5 Pegmatite Dykes.

To date, the company has approximately 6,318 hectares (15,612 acres) of mineral claims, with Lithium Mineral Potential in the Cat Lake-Winnipeg River Pegmatite Field of southeast Manitoba. PFN is the largest mineral claim holder in the Pegmatite Field. As part of company’s Prospector Generator Model, negotiating is currently ongoing with interested 3rd parties for possible Option/Joint Ventures and other Exploration Initiatives.

About PFN’s PGM Division

PFN’s flagship project is its 100% owned River Valley PGM Project (PFN Website – River Valley Project) in the Sudbury Mining District of northwest Ontario (60 kilometers due 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. River Valley PGM-copper-nickel sulphide mineralized zones remain open to expansion and is undergoing continued exploration. Results are expected from the fall drill program in the next few weeks.

Management Commentary

Harry Barr, Chairman and CEO comments; “The positive results from the Lithium Two project correlate well with managements objective to bring three of the companies five lithium projects to the drill stage before the end of the first quarter of 2017. We have also just completed the fall drill program of the 100% owned River Valley Project, which is one of Canada’s largest undeveloped primary PGM projects. Results from both divisions are expected over the next few weeks.”

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 North West Capital Corp. 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.