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Pacific North West Capital Commences Drilling at their River Valley PGM Project near Sudbury
Pacific North West Capital (TSXV:PFN,OTCQB:PAWEF) announced that drilling has commenced at their 100% owned River Valley Platinum Metals Group (PGM) Project, near Sudbury Ontario.
Pacific North West Capital (TSXV:PFN,OTCQB:PAWEF) announced that drilling has commenced at their 100% owned River Valley Platinum Metals Group (PGM) Project, near Sudbury Ontario.
As quoted in the press release:
The Drilling is planned to Test Extensions of the High-Grade Mineralization, intersected in Previous Drilling, between the Dana North Zone, to the west and the Pardo Zone to the east (Figure 1). Previous Drilling intersected Thick Intervals of High-Grade Mineralization (see PFN press release: March 11, 2015) Immediately Adjacent to the Dana North Zone. The Mineralization appears to be Open to Expansion, by Drilling along the strike, for up to 2 km, between Dana North and Pardo, and the up-dip and down-dip of the previous intersections.
The Current Plan is to Drill 4 Holes (Figure 2). The 1st Hole will be Drilled on the same section as the previous two holes, to Expand the Mineralization up-dip, toward the surface. The 2nd and 3rd Holes will be drilled on the next section, to the east, to Expand the Mineralization, 50 metres along the strike. The 4th Hole will be drilled 200 metres along the strike, to test for the presence of Favourable Geology and High-Grade Mineralization. Pending successful Drill Results, 6 Additional Holes are planned for Drilling, at T2, in early 2017. Numerous additional T2-like targets at River Valley are also under evaluation for Drill Testing in 2017.
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