Business
Pacific Coast Nickel Looks to South America
Pacific Coast Nickel Looks to South America
About this update from Nickel Creek Platinum Corp.
[{"type":"text","content":"Pacific Coast Nickel Looks to South America\n\n\n\nPacific Coast Nickel Looks to South America\n\nVancouver, British Columbia CANADA, June 02, 2008 /FSC/ - Pacific Coast Nickel Corp. (NKL - TSX Venture), is pleased to announce that it has initiated a program to acquire prospective nickel properties in South America.\n\nThe Company has incorporated a wholly owned subsidiary in South America, in order to continue its review of several properties with demonstrated nickel potential. This program will likely involve approximately $100,000 of expenditures from the current date until the end of the calendar year. \n\nMichael Sweatman, President, stated, \"We are excited by the potential to acquire interesting nickel projects and this will provide an opportunity to do work during the South American summer as an offset to Canadian winters. High-quality nickel properties are rare and we are expanding our search to South America in an effort to diversify and enhance our portfolio.\"\n\nThe first phase in the program will consist of reviews of existing data and initial site visits by Pacific Nickel's geological consultants based in the area. The Company's goal is to acquire several properties as a result of this work. \n\nAbout Pacific Coast Nickel Corp.\n\nPacific Coast Nickel Corp is actively exploring properties which are prospective for nickel and copper. The Company has two major properties. The Big Nic property is located approximately 20 kilometres north-west of Hope BC, immediately west of the former Giant Mascot Mines, a former nickel and copper producer. The Burwash property is adjacent to the Wellgreen Mine, also a former nickel and copper producer. The Burwash property is 8 km from the Alaska Highway near Burwash, Yukon Territory. \n\nThe TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.\n\nFor further information, please contact: \n\nMichael Sweatman \nPresident\nPacific Coast Nickel Corp.\n(604) 684-4312 \n\n...