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| | | Pacific North West Capital Completes Deep Penetrating UTEM 3 Geophysical Survey Over West Timmins, Nickel Project, Ontario | 
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PFN NEWS - September 15 2008
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September 15, 2008, Vancouver, BC
-- Pacific North West Capital Corp. (PFN) (TSX: PFN; OTCBB: PAWEF;
Frankfurt: P7J) is pleased to report that a deep penetrating UTEM
3 survey has been completed in a continuing program to evaluate
the Ni-Cu potential of the Montcalm Intrusive south of the
Montcalm Cu-Ni Mine an area not thoroughly evaluated in the past
(see map). The geophysical survey covered a complex sequence of
mafic and ultramafic intrusive rocks which are considered to be a
favorable host for magmatic Ni-Cu deposits. The data is now being
interpreted with the assistance of Xstrata Nickel to define drill
targets. On completion of the data evaluation, potential
conductors, selected as targets are anticipated to be drill tested
in a winter drill program.
The
cost of the geophysical program was shared on a 50:50 basis with
Xstrata Nickel. Subsequent drilling programs will be funded 100%
by PFN, as part of its work commitment under the terms of the
Option Agreement.
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About Pacific North West Capital Corp.
Pacific North West Capital Corp. (TSX.PFN OTCBB.PAWEF
Frankfurt.P7J) is a mineral exploration company focused on
Platinum Group Metals (PGMs) and Base Metals. Management's
corporate philosophy is to be a Project Generator, Explorer and
Project Operator with the objective of option/joint venturing
projects with major mining companies through to production. To
that end, Pacific North West Capital's current option/joint
ventures agreements are with Anglo Platinum, Stillwater Mining
Company, Xstrata Nickel, First Nickel, Benton Resources and SOQUEM.
Pacific North West Capital Corp. has over $9 million in working
capital and securities.
The Qualified Person for this release is John W. Londry, M.Sc, P.
Geo, VP Exploration, Pacific North West Capital Corp.
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On behalf
of the Board of Directors
"Harry Barr"
Harry Barr, President & CEO
For further
information, please contact our Investor Relations Department at
Toll Free 1-800-667-1870
The Toronto Stock Exchange have not reviewed and does
not accept
responsibility for the adequacy or accuracy of this release.
This news release may contain certain "Forward-Looking
Statements" within the meaning of Section 21E of the United
States Securities Exchange Act of 1934, as amended. All
statements, other than statements of historical fact, included
herein are forward-looking statements that involve various risks
and uncertainties. There can be no assurance that such
statements will prove to be accurate, and actual results and
future events could differ materially from those anticipated in
such statements. Important factors that could cause actual
results to differ materially from the Company's expectations are
disclosed in the Company's documents filed from time to time
with The Toronto Stock Exchange, British Columbia Securities
Commission and the United States Securities & Exchange
Commission. Not to be construed as an offer to buy or sell securities of this company.
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