Destiny Gold Project Provides Further High Grade Results from Phase 1, Phase 2 Drilling in Progress
Friday, Feb 05, 2010
- High grade gold including 16.43 g/t (0.48 oz/ton) and 6.02 g/t (0.17 oz/ton) intersected in multiple zones within the DAC Deposit, assays for last 2 holes still pending
- Gold-mineralized wide shear zones include 25.3m at 0.51 g/t gold and 49.5m at 0.36 g/t gold
- Phase 2 program in progress
- NI 43-101 compliant resource calculation indicates potential for expansion
- Deposit is open along strike and at depth
TSX: PFN OTCBB: PAWEF Frankfurt: P7J
VANCOUVER, Feb. 4 /PRNewswire-FirstCall/ -- Pacific North West Capital Corp. ("the Company") ("PFN") (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J) and Alto Ventures Ltd. (ATV: TSX-V) are pleased to announce significant results from four diamond drill holes completed during Phase 1 drilling at the DAC Deposit on the Destiny Gold Project, Quebec. Results include high grade quartz veins containing up to 16.43 g/t gold over 0.5m (0.48 oz/ton) and 6.02 g/t gold over 1.2m (0.17 oz/ton) were intersected. Quartz veins occur within wide shear-related alteration systems which carry gold values of interest including 25.3m averaging 0.51 g/t and 49.5m averaging 0.36 g/t gold (see Table of Significant Gold Assays below).
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