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Pacific North West Capital Samples 9.52 g/t Pd + 3.07 g/t Pt on the River Valley Extension (RVX) Property near Sudbury
(via Thenewswire.ca) ?? Grab samples from RVX property return assay values of up to 1...
About this update from New Age Metals Inc
[{"type":"text","content":"Pacific North West Capital Samples 9.52 g/t Pd + 3.07 g/t Pt on the River Valley Extension (RVX) Property near Sudbury(via Thenewswire.ca)\n\n \n\n\n??Grab samples from RVX property return assay values of up to 12.60 g/t Pd + Pt \n\n\n\n??Grab samples from footwall to Dana South return assay values of up to 4.36 g/t Pd + Pt \n\n\n\n??Drill program on 2015 discovery at T2 near Dana North completed \n\n\n\n??2.5 Moz Platinum Metals in near-surface Measured and Indicated Resources \n\n\n\n??Within 100 road-km of Sudbury and strong infrastructure and community support \n\n\n\n??100%-owned Lithium Division with exploration projects in Manitoba and Nevada \n\n\n\n \n \nVancouver, British Columbia / TheNewswire / December 6, 2016 - Pacific North West Capital Corp. (\"PFN\") (TSXV: PFN OTCQB: PAWEF FSE: P7J) is pleased to announce results from the first phase of the 2016 field exploration program on its new 100% held RVX property and its flagship RVP property near Sudbury, Ontario. The program, consisting of geological mapping and mineral prospecting, confirmed the presence of high-grade platinum metal mineralization on the RVX property and expanded the overall footprint of mineralization at the Dana South Zone (Figure 1). \n\n\n \nThree of 4 targeted areas on the RVX property were mapped and sampled by PFN geologists (Figure 2). A grab sample from Target Area 1 returned assay values of 12.60 g/t Pd + Pt from a rusty sulphide zone that extends across the width of the outcrop exposure. Three surface grab samples from Target Area 4 returned Pd + Pt assay values of greater than 1 g/t, with a maximum of 2.44 g/t Pd+ Pt, 0.2% Cu and 0.05% Ni from mineralized outcrops of melagabbronorite with pegmatitic clinopyroxenite fragments and quartz veins. A grab sample from Target Area 2 returned a Pd + Pt assay value of 1.11 g/t. Target Area 3 was not sampled due to limited access. Clearly follow-up field work is warranted in each of these four target areas. Moreover, the IP chargeability anomalies in the footwall rocks and to the west internally within the River Valley Intrusion (near the boundary with the RVP) remain to be explored (Figure 2).\n\n\n \nOn the RVP property (Figure 1), three grab samples from the footwall to Dana South Zone returned assays of greater than 2 g/t Pd + Pt and 0.15% Cu (Table 2). These three samples were taken from outcro...