Pacific North West Capital Completes Phase One of Drill Program on West Timmins Property; Phase II Underway
Monday August 20, 8:00 am ET
TSX: PFN OTCBB: PAWEF Frankfurt: P7J
VANCOUVER, Aug. 20 /CNW/ - Pacific North West Capital Corp. (PFN) is pleased to announce that it has completed Phase One of a 4,000 metre drill program on its West Timmins Nickel property. The first phase consisted of 8 diamond drill holes (2534 metres) testing deep EM and off hole Pulse EM targets south of Xstrata's Montcalm Mine. The balance of the program (1,500 metres) will begin shortly. The drill targets are geophysical expressions similar to those that have been noted over the Montcalm deposit, as well as, off-hole conductors identified from the down hole surveys in the 2005 drill program. The hole locations are indicated on the attached map.
The Phase One drill holes intersected multiple zones of disseminated to massive sulphides in 5 of the 8 holes with anomalous copper and nickel assay values. Drill hole WTM-16 returned 0.11% Cu and 0.16% Ni over 2 .0 metres within a wider envelope of mineralization, 0.07% Cu and 0.09% Ni over 5.0 metres (see Table below). All analysis from the drill program have been carried out by Accurassay Laboratories from Thunder Bay, Ontario.
All of the holes are being evaluated with down-hole pulse EM surveys for possible extensions of better sulphide mineralization away from the hole. These results will be tested in the next phase of drilling.
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