"Even before the recent troubles in South Africa, the high operational and capital costs have been making the extraction of Platinum Group Metals (PGM's) less and less economical in that country. With the unrest however, there is developing sentiment among risk averse investors to seek out more stable, jurisdictions. Pacific North West Capital (PFN) River Valley PGM project in mining friendly Sudbury, Ontario is an increasingly attractive investment. River Valley continues to make progress in exploration and resource definition and has become one of the largest underdeveloped PGM deposits in North America. We see a bright future for the project and the companies with platinum group metal projects in North America."

Harry Barr, Chairman & CEO

Corporate Update

In the past two years the Company has recognized the need to reach out to, and develop business relationships with, the Asian community. To this end, we have engaged a number of Asian-based financial contacts to assist in methodically cultivating relationships. Subsequent to our most recent non-brokered private placement announcement, our Company's President, Dr. Bill Stone and Mr. Brian Windatt, Marketing, gave presentations at the Academy and Finance conferences in Hong Kong and Singapore. Through these conferences, significant inroads were made in building an Asian-based business and investment network.

With regard to the River Valley project, the current metallurgical study, that is close to completion will be an important milestone. Knowing the metal recovery potential from our primary mineralized zones, will assist in undertaking a market research study for River Valley metal concentrate in 2013. We are also continuing efforts to seek out a strategic option joint venture partner in the upcoming year.

Key News Releases
Jun 15, 2012: Pacific North West Capital Announces SEDAR Filing of NI 43-101 Mineral Resource Estimate for its 100% Owned River Valley PGM Project, Sudbury, Ontario. READ MORE...

Jun 19, 2012 Pacific North West Capital Announces a New Platinum Group Metal Zone on its River Valley Project, Sudbury, Ontario. READ MORE...

Jul 24, 2012 Pacific North West Capital Commences Metallurgical Studies of its River Valley PGM Deposit with SGS Canada Inc. READ MORE...

Industry Articles

The Case For Platinum: How And Why To Invest
Seeking Alpha
While gold and silver are the most popularly recommended precious metals, one of the world's top precious metals has not received as much attention as it deserves. That metal is platinum, which is rarer than gold and silver and has many applications ... READ MORE...

Platinum Prices Make Recovery
Tuesday, October 16, 2012
IBTimes reported platinum prices appear to have put together a more impressive recovery than either gold or silver during overnight trading action.