TSX: PFN OTCBB: PAWEF Frankfurt: P7J
VANCOUVER, Sept. 30 /CNW/ - Pacific North West Capital Corp. ("PFN")
(TSX: PFN) and Benton Resources Corp. (TSX.V: BTC) ("Benton") are pleased to
announce that drilling has commenced on the Heenan Property's Hussey-Aube gold
zone which is part of the Benton-PFN joint venture in the Swayze Greenstone
Belt, southwest of Timmins, Ontario. Gold mineralization was first discovered
by prospectors J. Hussey and A. Aube in 1997 and has not seen any exploration
activity until the Swayze JV optioned the Heenan claim block in late 2007. As
part of the 2008 work program designed to evaluate the nickel potential of the
joint venture area, prospecting by Benton over the Heenan zone returned assays
grading from (less than) 2 grams per tonne up to 6.4 grams per tonne gold over
a 400 meter strike length. The zone is hosted within albitized and carbonated
altered metavolcanic rocks having trace to 10% fine grained disseminated
sulphides and is coincident with a distinct 600 meter-long induced
polarization chargeability and resistivity anomaly. A drill has been mobilized
to the property and approximately 500 meters of drilling in three shallow
drill holes will test the subsurface continuity of the gold mineralization.
Results of the drilling will be released as they are received and
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is
the qualified person responsible for this release.
About Pacific North West Capital Corp:
Pacific North West Capital Corp. (TSX.PFN OTCBB.PAWEF Frankfurt.P7J) is a
mineral exploration company focused on Platinum Group Metals (PGMs) and Base
Metals. Management's corporate philosophy is to be a Project Generator,
Explorer and Project Operator with the objective of option/joint venturing
projects with major mining companies through to production. To that end,
Pacific North West Capital's current option/joint ventures agreements are with
Anglo Platinum, Stillwater Mining Company, Xstrata Nickel, Benton Resources,
First Nickel and SOQUEM.
About Benton Resources Corp:
Benton Resources Corp. is a mineral exploration company listed on the TSX
Venture Exchange under the symbol BTC. Benton's aggressive and experienced
management team is focused on base and precious group metal exploration. The
Company's diverse property portfolio includes Canadian projects which are
highly prospective for gold, uranium, platinum, palladium, nickel and copper.
The Company currently has approximately $18.5 million in working capital.
Pacific North West Capital Corp. has approximately $9 million in working
capital and securities.
On behalf of the Board of Directors
President and CEO
The Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release
Disclaimer: This news release may contain certain "Forward-Looking
Statements" within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended. All statements, other than statements of
historical fact, included herein are forward-looking statements that involve
various risks and uncertainties. There can be no assurance that such
statements will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from the
Company's expectations are disclosed in the Company's documents filed from
time to time with The Toronto Stock Exchange, British Columbia Securities
Commission and the United States Securities & Exchange Commission.
For further information:
For further information: Tel (604) 685-1870, Fax (604) 685-8045, Email:
firstname.lastname@example.org, or visit www.pfncapital.com, 2303 West 41st Avenue,
Vancouver, B.C., Canada, V6M 2A3