Additional Information
Market: TSX
Sector: General Mining - Platinum Group Metals
EPIC: PFN
Latest Price: C$0.11  (2.38% Ascending)
52-week High: C$0.37
52-week Low: C$0.09
Market Cap: C$10.11M
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Pacific North West Capital Corp
www.pfncapital.com

Pacific North West Capital Corp. (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J.F) is a mineral exploration company focused on Platinum Group Metals (PGM), precious and base metals. 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. To that end, the Company's current option/joint ventures agreements are with Anglo Platinum, First Nickel and Alto Ventures. In addition, Pacific North West Capital Corp. is also the majority shareholder of Fire River Gold Corp (FAU:TSX.V) who is currently developing the Nixon Fork Gold Mine in Alaska.

Pacific North West Capital Corp. is well funded with an experienced management team and the ability to take advantage of the tremendous opportunities that are available in the mining sector today. Our focus will be to acquire advanced stage precious metals projects, continue to expand our PGM and base metals division and to look for special situations and under-funded projects in the resource sector.

Pdf

Pacific North West to Begin Drilling at Rock & Roll Gold Exploration Project in British Columbia

21st Oct 2009, 3:12 pm Pacific North West to Begin Drilling at Rock & Roll Gold Exploration Project in British Columbia

Pacific North West Capital Corp. (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J.F) announced that a diamond core drill has been mobilized to its Rock and Roll gold project in northern British Columbia. The program will focus on infill drilling in the Black Dog and SRV zones to further define known mineralization.

Pacific North West is a mineral exploration company focused on platinum group metals (PGM), precious and base metals. The company is primarily focused on establishing option and joint venture projects with major and junior mining companies, to progress projects through to production.

The Rock and Roll Project is under option from Misty Creek Ventures Ltd, First Fiscal Enterprises Ltd. and Pamicon Developments Ltd. The Rock and Roll property consists of 11 claims totalling 4,244 hectares and is located in the Liard Mining District approximately 9km west of the Bronson airstrip and exploration camp in northern British Columbia.

The Rock and Roll Project occurs over a strike length of approximately 950 metres, in multiple stacked sulphide lenses in two zones, the Black Dog and SRV zones. At least 5km of strike length of the prospective lithologies is present on the property. Historic drilling has tested the known mineralization down to depths of only about 160 meters. Thus there is the potential for additional mineralization along strike and at depth.

The Black Dog zone hosts an historic, non-NI 43-101 compliant, indicated resource of 580,544 tonnes grading 2.4 grams per tonne of gold, 335.9 grams per tonne of silver, 0.64% copper, 0.79% lead, and 3.1% zinc. It is anticipated that the current drilling programme, coupled with concurrent re-logging and re-sampling of historic core, will allow completion of a NI 43-101 compliant resource estimate for the property in the first quarter of 2010.

Under the terms of the Rock and Roll option agreement, Pacific North West can earn a 100% interest in the property over a four year period by completing C$2m in exploration expenditures along with a combined payment of C$130,000 and providing a total of 600,000 PFN shares to the vendors.

Earlier this year, Pacific North West commenced the 2009 work plan with the staking of additional claims surrounding the core Rock and Roll property. This was followed by a 350 line kilometre AeroTem3 helicopter-borne magnetic/electromagnetic survey completed in early August.

The survey identified numerous conductors on the property which may represent additional zones of mineralization. On conclusion of the infill program, the drill will be used to test conductive anomalies identified by an airborne AeroTEM3 survey.

Pacific North West has also entered into an agreement with the Geological Survey Branch (GSB) of the British Columbia Ministry of Energy, Mines and Petroleum Resources. Under the agreement, two senior geologists from the GSB will complete geological mapping and sampling on the Rock and Roll Project, as well as in the district as a whole.

The aim is to define the age and stratigraphic association of the host rocks to the Black Dog and SVR mineralization and to evaluate the potential for this type of mineralization elsewhere on the property and throughout the district.

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