Pacific North West Capital Corp. announced Company plans for winter exploration program on its 100% owned River Valley platinum group metals (PGM) property. The property covers about 100 square-km of highly prospective ground for PGM mineralization near the mining and mineral processing centre of Sudbury, Ontario.

Following the Company's strategy of exploring and developing a new primary PGM mining camp in Canada, PFN will commence a winter drill program aimed at targeting shallow, high-grade PGM mineralization and extending the River Valley deposit farther to the east, along the trend of a surface induced polarization (IP) chargeability anomaly, dubbed Target T2. The main objectives of the T2 Drill Program are two-fold: drill test for the presence of high-grade mineralization that was previously drilled obliquely down-dip; and drill test a new geological model for this part of the host River Valley Intrusion. Two-to three new holes are planned to be drilled from south to north (rather than from east to west) orthogonally across the dip of the T2 target.

Targeted depths are 150m to 200m vertically below surface. The drill results will provide more accurate data on the true nature and thickness of the PGM mineralization in the target area. Three-dimensional modeling results for the current exploration database suggest that the T2 portion of the River Valley Intrusion rotated during movement along Grenville age faults.

Such deformation-related rotations have not previously been recognized at River Valley and present new opportunities for targeting high grade PGM mineralization. Approximately 500 metres of diamond drilling is currently planned for the Program (Phase 1), with potential to increase the amount up to at least 2000 metres (Phase 2), depending on success.