Pacific North West Announces Positive River Valley PGM Project Results

Pacific North West Capital Corp (TSX:PFN, OTCQX:PAWEF) announced that the drilling at the company’s River Valley PGM deposit showed positive metallurgical testwork results.

As quoted in the press release:

PFN is very encouraged by these initial metallurgical results, which demonstrate good metal recoveries from the River Valley PGM deposit”, said Dr. William Stone, President & COO.  “The results are close to North American Palladium’s Lac des Iles Mine results during operation of their big open pit mine.  However, more extensive testwork on River Valley is required to improve metal recoveries. The PGM mineralization extends for 10 km along strike and shows high-grade pods, patches and domains which extend from surface to the depth of drilling, generally less than 250 metres deep. In evaluating the metallurgical results, the Company plans to follow-up with expanded testwork and larger sampling programs to further advance River Valley towards a Preliminary Economic Assessment study.

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