Pacific North West Capital mit 2,5 My. Oz PGM gold Measured and Indicated resource at its River Valley project, Sudbury, Ontario

Pacific North West Capital mit 2,5 My. Oz PGM gold Measured and Indicated resource at its River Valley project, Sudbury, Ontario

  • River Valley Gemessen + Indicated Resources: 91 My. t @ 0,58 g/t* Palladium, 0,22 g/t Platin, 0,04 g / t gold at an operating threshold limit of 0,8 g / t for PDEQ ** 2.463.000 Oz PGM plus gold ***
  • River Valley Inferred resource: 36 My. t @ 0,36 g/t Palladium, 0,14 g/t Platin, 0,03 g / t gold at an operating threshold limit of 0,8 g / t for PDEQ 614.000 Oz PGM plus gold
  • On PDEQ basis there is Measured + Indicated resources 3.944.000 Ounces and inferred resources with PDEQ 1.201.000 Oz PDEQ
  • River Valley PGM-copper-nickel sulphide mineralized zones are open for expansion in the ongoing exploration

* g / t = Gramm pro ton, **PDEQ = Palladium äquivalent, *** PGM = Platinum Group Metalle

03.05.2012 Vancouver, BC – Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is pleased, estimated that the NI43-101 compliant Measured and Indicated Mineral Resources at an operating threshold limit of 0,80 g / t PDEQ are to >400% increased over the previous NI43-101 compliant resource estimate (More 2006) on 91.339.500 t with 0,84 g / t Pt Pd Au, 0,06% Copper and 0,02% Nickel. The compliant Inferred Mineral Resource increased by >1000% on 35.911.000 My. t with 0,53 g / t Pt Pd Au, 0,06% Copper and 0,03% Nickel. Das River Valley PGM Project liegt 100 Km from the famous Sudbury Ni-Cu-PGM mining area, has an excellent infrastructure and is one of 100% PFN.

Detailed results

The detailed results of the new mineral resource estimate for the River Valley PGM Project is indicated in Table 1. This was by Tetra Tech, Sudbury created. The new estimate includes 13.140 m in 46 drilled holes in the zones Dana North and Dana South since the estimate in May 2006. All 462 Holes were at a distance of 25 m – 100 m drilled in eight separate mineralized zones and are shown in Fig. 1 shown.

Dr. William Stone, President & COO said: "Confirms the strong increase in the estimated mineral resources, River Valley that one of the largest undeveloped primary- PGM by design in North American. The strategy of inclusion of all mineralized zones and a full metal value in the mineral resource estimates produced very positive results. It was a great increase of PFN's confidence in River Valley where the project will be further promoted to Vorökonomischen feasibility study. The company plans to expand further PGM resources and to discover new resources through additional drilling on the River Valley Project and neighboring properties. "

The mineral resources were estimated using the software Datamine © Studio3 and reported an operating threshold limit (cut-off) of 0,8 g/t PdEq (Table 1). The 0,8 g / t cut-off was used PDEQ subject of future investigations of the economy and the potential for development of River Valley as a mining project. The Company considers 0,8 g / t cut-off values ​​as appropriate for: 1) The grade is PDEQ 1,38 g / t for Measured and Indicated and 1,07 g / t in the Inferred Resources; and 2) Rhodium and silver are not included in the calculation of PDEQ. The mineral resource, you can see a range of cut-off values ​​PDEQ in Table 2.

Comparisons were made between the old NI43-101 compliant mineral River Valley over the May 2006 made; see above. (Technical Report available at GeoSIMS PFN's SEDAR profile at www.sedar.com and the Company's website). The enormous increase in the mineral resource can be explained by the following: 1) Incorporation of 2011 Ressourcenbohrergebnisse; 2) Inclusion of the three mineralized zones have been tested previously (Abb. 1); 3) Use of PDEQ instead of Pd Pt cut-of levels; and 4) Using a weighted average length of a specific Gravitätswert 2,94 measured for River Valley instead of the old value of 2,89.

Harry Barr, Chairman & CEO, said: "In just one year of our 100% owned River Valley PGM Project, I would like to congratulate our team for the completion of a major milestone by this very positive statement resource. Unsere aggressive Explorations- and development strategy aims to, das real Potenzial River Valley von zu inquiries and news. Aspiring forward, we plan to further expand the resource through exploration, Drilling of new targets and complete the feasibility study Vorökonomischen in the next two years. "

Statement of the qualified person

The mineral resource estimate was made by Tetra Tech, Sudbury, Ontario prepared under the direction of Todd McCracken, Chief Geologist. Mr. McCracken is an independent Qualified Person under the rules of NI43-101. The date of the resource is the 1. More 2012. The quality control, technical information and all aspects of the 2011 Exploration program were Ali Hassanalizadeh, Vice President, Exploration of PFN oversees and he is a Qualified Person under NI43-101. The information disclosed here were under the direction of Dr. William Stone, President & Chief Operating Officer and Qualified Person under NI43 PFN-101 made.

About the River Valley Project

In January 2011, Pacific North West Capital Corp. successfully negotiated the 100% acquisition of the River Valley PGM Project from Anglo Platinum Limited. The River Valley PGM Project is one of North America's advanced platinum group metal deposits (PGM). The project has excellent infrastructure and support is 100 miles from Sudbury, Ontario, one of Canada's largest mining centers for nickel-copper-PGM mining and metal extraction.

Über Pacific Northwest

Pacific North West Capital Corp. is a mineral exploration company whose corporate philosophy is a project generator, Explorer and Project Operator with the possibility of options installed / Joint venturing to his projects to be in the production into. PFN is focused on the discovery, Exploration and development of PGM and nickel-copper sulphide deposits in prospective geological regions in North America, especially in Canada. The main project is the company to 100% in the River Valley PGM Project located property in the Sudbury region in Northern Ontario. PFN has also PGM and nickel-copper project in northwestern Ontario and land, Saskatchewan and Alaska and has an option for a joint venture for a base metal project in northwest BC's in the Golden Triangle region. The company continues on with the evaluation of the PGM and nickel-copper projects and land in North America for more potential sales opportunities.

Pacific North West Capital Corp. ist Mitglied der International Metalls Group Company.
(www.pfncapital.com)

For more information, please contact:

Harry Barr
Chairman & CEO
Pacific North West Capital corp.
Such: 604-685-1870
Email: hbarr@pfncapital.com

Bill Stone
President & COO
Pacific North West Capital corp.
Such: 416-368-5268
Email: bstone@pfncapital.com

Im Namen des Board of Directors

Harry Barr
Chairman und CEO

Disclaimer: This press release may contain certain “Forward-Looking Statements” ie vorrausschende statements within the meaning of Section 21E of the United States Securities Exchange Act of 1934 contain and illustrated. All statements, other statements of historical facts which are presented here include vorrausschende statements involve various risks and uncertainties. There is no assurance or guarantee, that such statements will prove to be accurate or relevant and timely results or statements may differ massively in the future, and their results. Important factors influencing the results of change and exchange rates, political risks, Legislation and much more. The expectations of the Company are published by the Toronto Stock Exchange, British Columbia Securities Commission und the United States Securities & Exchange Commission

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