Pacific North West Capital Expands River Valley Extension Property in Ontario

Resource Investing News

Pacific North West Capital (TSXV:PFN,OTCQB:PAWEF) announces staking of 8 new unpatented mining claims adjacent to its recently acquired River Valley Extension property next to the company’s 100% owned River Valley PGM deposit in Ontario.

Pacific North West Capital (TSXV:PFN,OTCQB:PAWEF) announces staking of 8 new unpatented mining claims adjacent to its recently acquired River Valley Extension property next to the company’s 100% owned River Valley PGM deposit in Ontario.
As quoted in the press release:

The River Valley PGM deposit on RVX has been targeted in drill programs completed by the previous owner (Mustang Minerals Corp.) that returned high-grade PGM assays at shallow depths. Collectively, the 100%-owned acquired and newly staked claims of the RVX now comprise 2153 ha and are located within 100 road-kms of the City of Sudbury, Ontario.
The expanded RVX overlies the southeast extension of the River Valley PGM deposit, as indicated in drill results, mineralized outcrops and geophysical surveys, and the footwall rocks and interior units of the River Valley Intrusion. Recent drilling of the footwall rocks to PFN’s River Valley Project, located on the same mineralized trend to the NW, discovered high-grade and near surface PGM mineralization at T2 (see PFN press release dated March 11th, 2015). Geological and geophysical trends on the RVX suggest presence of similar footwall targets.

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