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Pacific North West Capital expands River Valley Extension property in Ontario

Pacific North West Capital Corp. said Oct. 5 that it staked eight new unpatented claims near its recently acquired River Valley Extension property in Ontario, expanding the property's size to about 2,150 hectares.

The expanded property overlies the southeast extension of the River Valley platinum group metals deposit, as indicated in drill results, mineralized outcrops and geophysical surveys, and the footwall rocks and interior units of the River Valley intrusion.

Field exploration programs are underway on the property to develop targets for drill testing in 2017. The company noted that about C$140,000 in assessment credits can be applied to the claims, allowing it to focus exploration on the highest-quality targets.