Pacific North adds 18,800 acres to Nickel PlaPacific North adds 18,800 acres to Nickel Plats project
Pacific North West Capital Corp (C:PFN)
Shares Issued 54,528,008
Last Close 10/9/2007 $0.435
Wednesday October 10 2007 - News Release
Mr. Harry Barr reports
PHASE III NICKEL ACQUISITION ACQUIRES NICKEL PLATS PROJECT IN SASKATCHEWAN
Further to the news in Stockwatch dated June 28, 2007, Pacific North West Capital Corp. has acquired an additional 18,800 acres or 75 square kilometres of prospective ground in the area of the Nickel Plats project. The current land package totals 20,600 acres.
After evaluating historical and Saskatchewan government data files, additional ground has been acquired to cover identified mafic intrusions in the area around the Nickel Plats project. Further ground proving on the project will begin in the near future to evaluate the mineral potential of identified targets.
Pacific North West's acquisition program will continue throughout 2007, in order to position the company and its shareholders for what management believes will be the largest expansion in nickel exploration since the 1990s. Harry Barr, president and chief executive officer of Pacific North West Capital, stated, "Our objective is to control a strategic nickel exploration portfolio in North America." Pacific North West's Ontario-based technical team is guiding the acquisition process and preparing for summer and fall exploration programs.