Pacific North West Capital & SOQUEM Announce Completion of Drilling at the Cheneville Property
Pacific North West Capital Corp. and SOQUEM INC. are pleased to announce the completion of drilling at the Cheneville property, located approximately 120 kilometers northwest of Montreal, QC. The property was staked as part of the Taureau reconnaissance program, which is a 50:50 joint venture between PFN and SOQUEM designed to evaluate the Nickel-Copper-Platinum Group Metal potential of mafic intrusions in the Grenville Geological Province of southern Quebec. SOQUEM INC. acts as operator of the Taureau project.
The Cheneville property is, in part, underlain by a series of mafic intrusions that locally host zones of sulphide mineralization. One such zone in the Cheneville intrusion returned average grades of 1.17grams per tonne (g/t) Pd, 0.14g/t Pt, 0.29g/t Au, 1.62% Cu, and 0.35% Ni from two grab samples. The recently completed drilling program at Cheneville was designed to test the down dip continuity of this mineralization. The drilling commenced on November 14, 2008 and was completed on November 18, 2008. A total of 471 meters of drilling was completed in three holes. Assays are pending, and results will be reported when available.