Surface Mapping and Sampling Program on the Raglan Hills

VANCOUVER, BC - Pacific North West Capital Corp. and First Nickel Inc. reported the commencement of surface mapping and sampling programs, designed to verify the several geophysical electromagnetic anomalies identified by an earlier Aeroquest AEM survey. All work is being undertaken on mining claims currently held by either First Nickel or PFN that constitute the Raglan Hills Joint Venture Project. The Raglan Hills Project consists of 21 claim blocks totalling 2,752 hectares situated northeast of Bancroft, Ontario.
The Raglan Hill Project is located over the northeastern portion of the Raglan Hills Intrusive Complex. The Complex is a differentiated mafic intrusion composed primarily of meta-gabbro with lesser proportions of meta-pyroxenite. Several nickel and copper sulphide occurrences and one nickel and copper prospect are identified in Ontario's Mineral Deposit Inventory and may represent the feeder system to the Raglan Hills Intrusive Complex. Minimal exploration has occurred since the late 1980's and the property has potential to host economic nickel-copper sulphide mineralization within these possible feeder systems to the large mafic intrusive complex.
Pacific North West Capital and First Nickel are participating in a 50% - 50% Joint Venture whereby both Companies agree to bear all expenditures and participate in a single purpose unincorporated Joint Venture for the purpose of carrying out mineral exploration. First Nickel will act as Operator for the project and will be responsible for carrying out all exploration activities
The company's address is 2303 West 41st Avenue, Vancouver, BC V6M 2A3, 604.685.1870, Fax: 604.685.8045, Email: [email protected], http://www.pfncapital.com/.