Pacific North West Capital Corp. (TSX.V: PFN; OTCQB: PAWEF;
Frankfurt: PJ7) is a mineral exploration company, focused on the Discovery,
Exploration and Development of one of Canada's largest primary Platinum Group
Metals (PGM) deposits, the River Valley PGM Project, located in the Sudbury
region of Northern Ontario. The Company also has a Lithium Division (Li), with 5
Li Projects. Management's corporate philosophy is to be a Project Generator,
Explorer and Project Operator, with the objective of Option/Joint Venturing its
projects, with major and junior mining companies, through to production. Pacific
North West Capital Corp. is a member of the International Metals Group of
About PFN's Platinum Group Metals Division
River Valley is one of 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 Diamond 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 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 River Valley deposit
Resources under evaluation for development potential as open pit mining operation
About PFN's Lithium Division
The company's Lithium Division will focus on the Discovery, 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 and May 9th, 2016). The company also has several Hard Rock Lithium projects in Canada. To date the company has acquired 4 Hard Rock Lithium projects in the Winnipeg River Pegmatite Field, in southeast Manitoba (April 21st 2016, May 24th, 2016, June 15th, 2016 and July 5th, 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 completion 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.
Management's corporate philosophy is to be a project generator, explorer and project operator with the objective of option/joint venturing projects with major and junior mining companies through to production. Pacific North West Capital Corp. is a member of the International Metals Group of Companies.
The International Metals Group ("IMG") is an organization of professionals with a wealth of experience in all aspects of the mining industry. Our group consists of a brain bank of project acquisition, exploration and development professionals, including dedicated CEOs, geologists, corporate finance and investor relations experts, corporate managers, public company administrators, and regulatory and government affairs specialists.
The companies within the group are able to share resources, costs and expertise, which provides a significant advantage in comparison to individual public companies.
Jul 21, 2016
Lithium Canada Launches Summer 2016 Lithium Pegmatite Phase One Exploration Program in Southeast Manitoba... (More)
Jul 13, 2016
PFN Launches 2016 PGM Exploration Program at River Valley... (More)
Jul 12, 2016
Pacific North West Capital Corp. Retains Renmark Financial Communications Inc.... (More)