ONTARIO – Pacific North West Capital of Vancouver has released new resource numbers for its River Valley PGM-gold property 60 km east of Sudbury.
The company says the deposit has measured and indicated resources of 91.3 million tonnes at 0.84 g/t Pd+Pt+Au, 0.06% Cu and 0.02% Ni at a cut-off grade of 0.8 g/t PdEq. These numbers represent more than a four-fold increase since the previous 43-101 report in 2006. The measured and indicated resource contains 3.9 million oz PdEq.
The inferred resource is 35.9 million tonnes at 0.53 g/t Pd+Pt+Au, 0.06% Cu and 0.03% Ni, a 10-fold increase since 2006.
Pacific North West acquired the River Valley project from Anglo Platinum in January 2012. More information is posted at PFNcapital.com.
Comments