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sumisu

05/05/08 8:27 AM

#74 RE: futrcash #73

Ni-Cu-PGE mineralization discovered on PFN's Tonsina Property

Monday May 5, 8:00 am ET

VANCOUVER, May 5 /CNW/ - Pacific North West Capital Corp. is pleased to announce the results from the 2007 exploration program conducted at its 100% controlled Tonsina Property located in Southcentral Alaska. Outcrop sampling and mapping completed in September has defined a drill ready nickel, copper, and platinum group element target.

Highlights from the 2007 exploration program include:

- Chromite bearing outcrop grab samples contain up to 2.3g/t platinum and 1.6g/t palladium

- Chip channel samples of chromite and sulfide bearing outcrop contain up to 0.86g/t platinum and 1.1g/t, palladium over a 2 meter interval

- Sulfide bearing outcrop grab samples contain up to 0.97% nickel and 0.58% copper

- Chip channel samples of sulfide bearing outcrop contain up to 0.75% nickel over a 2 meter interval

The 7,360 acre Tonsina Property is centered on Sheep Hill in the northeastern Chugach Mountains only 8 km east of the paved Richardson Highway and approximately 80 road miles north east of the all-weather port of Valdez.

To view image click on the link:
http://www.pfncapital.com/i/misc/050508image.jpg


This photo displays typical Sheep Hill nickel, copper, platinum group element mineralization which consists of sulfides (brassy color blebs) and chromite hosted in partially serpentinized ultramafic rocks (charcoal colored foreground). Two samples collected from this outcrop returned values of 0.39% Ni, 0.19% Cu, 616ppb Pt, 856ppb Pd, and 0.49% Ni, 0.25% Cu, 574ppb Pt, 856ppb Pd.

Nickel, copper, and platinum group element mineralization is hosted in dunite and lherzolite within the Tonsina Ultramafic Complex. The mineralized rock units comprise a north dipping magmatic layer. Sulfide and chromite mineralization within this layer define a distinct horizon (reef) up to 30 meters thick that has been mapped and sampled over a strike distance of 900 meters. The mineralized unit extends under cover to the north and west and is truncated to the east by a high angle fault with unknown displacement. This exploration success illustrates the potential for reef style nickel, copper and platinum group element mineralization in other magmatic layers of the Tonsina Ultramafic Complex.

A continuous chip channel sampling program was designed to cross the mineralized horizon and test the vertical extent of the exposed mineralization. Results indicate that copper and nickel correlate with sulfur, and that platinum group elements correlate with chromium. High grade metal anomalies extend over several meter intervals: 44-50 meters - 6 meter interval grading 0.8g/t platinum and 1g/t palladium, and 62-74 meters - 12 meter interval grading 0.59% nickel. The apparent dip of the sulfide horizon at TOC0717 is 67.35degrees, the slope at TOC0717 is 33.69degrees, therefore the true thickness of the 2 m samples is 1.975 m.

[continued in following link]

http://biz.yahoo.com/cnw/080505/pfncapital_tonsina.html?.v=1

sumisu

06/03/08 2:03 PM

#77 RE: futrcash #73

Pacific North West Capital and Stillwater Mining Commence $1,000,000 Drill Program - Goodnews Platinum Project, Alaska

Tuesday June 3, 8:00 am ET

http://biz.yahoo.com/cnw/080603/goodnews_platinum_prj.html?.v=1

VANCOUVER, June 3 /CNW/ - Pacific North West Capital Corp. (PFN) (TSX: PFN - News; OTCBB: PAWEF - News; Frankfurt: P7J - News) is pleased to report that a $1,000,000 drill program has commenced on the Goodnews Bay Platinum Project ("GPP"). The objective will be to drill two established targets and to define additional new platinum mineralization. The Last Chance and Susie West prospects have been delineated as drill targets for the exploration program. (See map at http://www.pfncapital.com/s/NewsReleases.asp?ReportID=305331)

The company will also continue its soil-rock interface sampling program on Suzie Mountain, to expand on existing drill targets and test additional ground which was beyond the 40 foot depth limit of the soil auger drilling rig utilized in 2007.

Last Chance

Outcrop rock sampling has defined the Last Chance prospect located on Red Mountain at the head of Dowry Creek, a past producing platinum placer stream The bedrock platinum anomaly measures 650 meters north - south by 175 meters east - west. The prospect has a vertical exposure of 50 meters with platinum enriched chromium iron (Cr-Fe) oxides outcropping in dunite between elevations of 380 - 430 meters. Platinum grades are variable and range up to 2.27g/t. Within this prospect there are also platinum and palladium enriched magnetite - clinopyroxene veins cutting the dunite. Platinum/palladium ratios are near 1 which clearly differentiates this magnetite in clinopyroxene hosted mineralization from the chromite in dunite hosted mineralization that has much higher platinum/palladium ratios.

Susie West

Assay results from auger sampling conducted on Susie Mountain has defined a platinum anomaly in basal mineral soils derived from clinopyroxene rich rocks. A 50 meter by 100 meter sampling grid has defined a (greater than)50 ppb platinum soil anomaly with grades up to 432 ppb platinum. This basal soil platinum anomaly is open to the west. Susie Mountain and Red Mountain are a single intrusion that has been dissected by the Salmon River Fault. The Susie Mountain portion of the intrusion is at a lower erosional level. This means that the recently discovered platinum mineralization at the Susie west prospect is hosted in rock that may retain platinum mineralization which has been eroded from Red Mountain to form the Salmon River platinum placer.

Goodnews Platinum Project

PFN and Stillwater Mining Company (Stillwater) (NYSE: SWC - News) are exploring the lode platinum potential of the Goodnews Bay Ultramafic Intrusion, the proposed source for the Salmon River platinum placer deposit. PFN has an agreement with Calista Corp, which controls the subsurface estate surrounding the Salmon River, to explore for and develop a potential lode platinum deposit. An outcrop and basal soil sampling program was conducted in July 2006 and June-July 2007 which resulted in the definition of drill targets at both Red Mountain and Susie Mountain.

Under the terms of the Option Agreement, by spending $4 million Stillwater is entitled to earn a 50% interest in GPP by December 31, 2010. Stillwater may elect to increase its interest to 60% by incurring an additional $8 million in exploration expenditures within an additional two year period or upon completion of a Feasibility Study, whichever occurs first. Stillwater may increase its interest to 65% by arranging for 100% of the project financing required to place the Property into Commercial Production within an additional three years.

The GPP option agreement was approved by Calista Corporation in December 2007. Calista Corporation is the second largest landowner of 13 regional Alaskan Native corporations formed in 1971 under the Alaska Native Claims Settlement Act (ANCSA). Calista Corporation's land entitlements exceed 6.5 million acres in Southwest Alaska and contain several significant mineral occurrences, including Goodnews Bay (platinum) and Donlin Creek gold project (29.38 million ounces Measured and Indicated and 3.46 million ounces Inferred). For more information about Calista visit their website www.calistacorp.com.

Stillwater Mining Company - Strategic Shareholder

On November 17, 2006, Stillwater acquired approximately 11% interest in PFN by completing a $2 million private placement. In 2007/2008, Stillwater followed their position by participating in three additional private placements and currently holds approximately 9.5% of Pacific North West Capital Corp.

About Pacific North West Capital Corp.

Pacific North West Capital Corp. (TSX.PFN OTCBB.PAWEF Frankfurt.P7J) is a mineral exploration company focused on Platinum Group Metals (PGMs) 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 mining companies through to production. To that end, Pacific North West Capital's current option/joint ventures agreements are with Anglo Platinum, Stillwater Mining Company, Xstrata Nickel, Benton Resources, First Nickel and SOQUEM.

Pacific North West Capital Corp. has approximately $10 million in working capital and securities.


The Qualified Person for this release is Curt Freeman, M.Sc. P.Geo.

On behalf of the Board of Directors

"signed"

Harry Barr
President & C.E.O.


Disclaimer: This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with The Toronto Stock Exchange, British Columbia Securities Commission and the United States Securities & Exchange Commission.

For further information

Tel: (604) 685-1870, Fax: (604) 685-8045, Email: info@pfncapital.com, or visit www.pfncapital.com
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3

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Source: Pacific North West Capital Corp.