Pacific North West Capital Corp. reported positive metallurgical testwork results for drill core composites from its 100% owned River Valley PGM deposit, near Sudbury in Ontario. The testwork completed by SGS Canada Inc. of Lakefield, Ontario, involved Bond grindability and abrasion studies, sample compositing, physical and chemical analyses, and bench scale flotation tests to make high-grade sulphide concentrate. Results show that the platinum group metals float with copper-nickel sulphides, and therefore demonstrate potential for a sulphide concentrator to effectively process River Valley deposit material. SGS recommend additional testwork to determine the optimal grind size for PGM separation and further improve concentrate grade and metal recovery. Metallurgical testwork was carried out on an Overall Composite sample prepared from half-core intervals from the Dana North Zone and the Dana South Zone of the River Valley PGM deposit. Testwork involved mineralogical and chemical analysis, Bond Rod and Ball mill grindability, and Bond abrasion testing on each of the Dana North and Dana South Zone composites. Mineralogical analysis determined that the main minerals are amphibole/pyroxene and plagioclase, consistent with gabbro-norite intrusive host rock type. Chalcopyrite is the sole copper mineral phase and pentlandite the primary nickel sulphide phase. However, sulphides hold only 35% to 45% of the total nickel; the remaining percentage is held in silicates and therefore unrecoverable. The Bond rod mill grindability tests at 14 mesh of grind identified each of the two composites as very hard, with Rod Mill Work Index at 20.0 kWh/t. A Bond ball mill grindability test at 150 mesh identified each of the two composites as hard to very hard, with a Ball Mill Work Index of 18.8 kWh/t for DNZ and 19.5 kWh/t for DSZ. The Bond Abrasion tests determined each composite to be in the moderate to hard abrasive range.

Pacific North West Capital Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended January 31, 2013. For the quarter, the company's net loss for the period was CAD 76,493 or CAD 0.001 diluted per share against CAD 1,004,903 or CAD 0.010 diluted per share a year ago. For the nine months, the company's net loss for the period was CAD 1,326,870 or CAD 0.010 diluted per share against CAD 2,710,984 or CAD 0.050 diluted per share a year ago. Cash used in operating activities was CAD 1,392,501 against CAD 2,239,120 a year ago. Purchase of property and equipment was CAD 13,307 against CAD 62,842 a year ago.

Pacific North West Capital Corp. Presents at 2012 San Francisco Hard Assets Investment Conference, Nov-16-2012 05:04 PM. Venue: The San Francisco Marriott Marquis, 55 Fourth Street, San Francisco, CA 94103, United States.