Pacific North West Capital Corp. released an update on the company’s planned exploration and development activities at its mine project in Canada.
Pacific North West Capital Corp is currently planning to explore and develop the Rock and Roll Property in British Columbia. The company hopes to determine that the Rock and Roll Property contains gold, silver and other minerals that can be commercially extracted.
Pacific North West Capital Corp. plans to start the company’s exploration program in September 2010. The program will focus on a reexamination of previously extracted core samples and a review of geological maps.
In 2009, Pacific North West Capital Corp. obtained 540 meters of drilling core samples from the site, from a total of five separate holes. The drilling core samples contained intersections of gold, silver, copper, lead and zinc.
Pacific North West Capital Corp. also has more than 14,000 meters of drilling core samples extracted from the Rock and Roll Property from 1991 to 1997. The drilling core samples were taken from 110 separate holes at the property.
Pacific North West Capital Corp. has optioned the Rock and Roll Project from three separate outside parties, and the company can earn up to a 100% interest in the project by meeting certain targets on exploration expenses, and other criteria.
For more information on the company, go to www.pfncapital.com