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    Pacific North West Capital Stakes Claims

    Investing News Network
    Dec. 13, 2011 03:58PM PST
    Precious Metals

    Pacific North West Capital Corp. (TSX:PFN,OTCQX:PAWEF,FWB:P7J) announced it has staked 88 mining claims.

    Pacific North West Capital Corp. (TSX:PFN,OTCQX:PAWEF,FWB:P7J) announced it has staked 88 mining claims.

    As quoted in the press release:

    The project area is underlain by mafic-ultramafic metavolcanics, Nipigon DiabaseSill Complex, gabbro intrusions, felsic and tonalite plutonic rocks and Iron formation. Given the property’s proximity to the Lac des Iles Mine, and exploration potential in intrusions related to mid-continental rifting in the Lake Nipigon region as potential hosts for large platinum group metals (PGM) dominant precious and base metal deposits, only minor exploration effort appears to been directed toward mafic intrusions in the vicinity of the Heaven Lake Greenstone Belt.

    Click here to read the full Pacific North West Capital Corp. (TSX:PFN) press release.

    platinum group metalsotcqx:paweftsx:pfn
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