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Pacific North West Capital Corp. (PFN.TO) Reports On Excellent Data In SEDAR Filing Of NI 43‐101 Report On River Valley Platinum Group/Gold Project

Pacific North West reported the SEDAR filing today of an updated NI 43‐101 technical report on the company's 100%-owned River Valley PGM and Gold Project (platinum group metals, like platinum, palladium, and rhodium), located just 37 miles east of globally recognized nickel‐copper‐PGM mining hub, Sudbury, Ontario.

The new report contains an updated mineral resource estimate for River Valley and is a follow up to the previously issued estimate (May 1, 2012). Prepared by local Sudbury firm, Tetra Tech, with President and COO of PFN, Dr. William Stone acting as the Qualified Person, this latest report gives us an expanded view of the River Valley Project, which is one of North America's most well-developed primary PGM deposits. In fact, the robust logistical support environment for River Valley is a natural home for PFN, which has established a sound track record as a project generator, explorer, and operator via its other PGM/nickel‐copper interests in Alaska, northwest Ontario, and Saskatchewan.

The new estimate incorporates the some 43k feet of drilling on the Dana North/South areas (in 46 holes at 82-328 foot spacing), completed since the estimate in May 2006. This new drilling targeted the eight identified mineralization zones and added greatly to the overall profile depicted by the more than 318k feet (in 462 diamond drill holes) of data generated for the block model mineral resource estimate by Tetra Tech (parent blocks of 10m x 10m x 5m using ordinary kriging methods for grade estimation).

Note that this excellent data exists within an environment where the PGM-copper-nickel sulphide mineralization zones are open to further expansion (pending continued exploration):

• Measured and Indicated resource totals

91M tonnes at 0.58 g/t palladium, 0.22 g/t platinum, and 0.04 g/t gold

At a cut‐off grade of 0.8 g/t palladium-equivalent, roughly 2.463M ounces PGM plus gold

• Inferred resource

36M tonnes at 0.36 g/t palladium, 0.14 g/t platinum, and 0.03 g/t gold

At a cut‐off grade of 0.8 g/t palladium-equivalent, roughly 614k ounces PGM plus gold

• On a palladium-equivalent basis

Measured and Indicated resource contains some 3.944M ounces

Inferred resource contains some 1.201M ounces

While the estimate does not project capital costs to develop the mine/mill required to exploit the deposit and these resource estimates are not reserves, it is very clear from this report that (given the vectors elaborated on in the report's notes), if assumed mining practices/methodologies are utilized for recovery and processing, in a similar price environment, PFN has a real winner on their hands here.

Sudbury is very mining friendly area to develop mineral recovery infrastructure and is already well appointed in this regard. The market for palladium and platinum are strong despite a recent downtrend in the price and as the price begins to inch its way back up recently, the future of these metals for catalytic converters (and other catalyst functions), electronic resistors, hydrogen storage technologies, jewelry (top white gold is generally 25% palladium), dental work, and as a store of value amid a continued sovereign debt problem in the western world seems clear.

Pacific North West, NI 43‐101 in-hand, is ready to tackle the abundant potential indicated by analysis of this data, while looking to pursue further development of this and other PGM/nickel-copper, and precious/base metal properties or projects throughout North America.

To get a closer look at the table and a map of the areas in question, you can head over to the Pacific North West Capital Web site: FPNCapital.com

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