Tonsina Property Summary and Request for Proposal
Nickel‐Copper‐Platinum Group Metal Potential in South‐Central Alaska, USA
Figure 1. Satellite image of the Tonsina Property showing its location relative to nearby paved highway and electrical transmission line. The east-to-west extent of the property is approximately 12 km.
Figure 2. Geological setting of the Tonsina Property (outlined in red). The Tonsina Property overlies the central part of the Tonsina Ultramafic Complex (TUC). The five massifs of the TUC are labeled above. Purple shading corresponds to ultramafic rock types and magenta corresponds to mafic rock types, mainly gabbro. Base map -- USGS Valdez Quad C-3, C-4. Geology from Winkler et al., 1995.
Pacific North West Capital's 4100
ha Tonsina Property is a highly prospective Ni‐Cu‐PGM property
located in the northeastern Chugach Mountains, Alaska. The
property is 120 road km north of the port city of Valdez and 3
km from a paved, all‐season highway and major electric power
line (Figure 1).
Figure 3. Photograph of the
mineralized "reef" horizon and mapped geologic units on the
Sheep Hill area, Tonsina Intrusion. Chip channel continuous
outcrop sample assays are presented in Table 1.
In addition samples from two areas of banded chromite on Bernard Mountain (Figure 1) returned assays with multiple gpt PGM. A sample of banded chromite from the olivine websterite unit (OlW) at Bernard Mountain returned assays of 2.8 gpt Pt and 2.5 gpt Pd.
Six‐element PGM profiles of mineralized Tonsina property outcrop samples are similar to PGM profiles for layered intrusions such as the Stillwater and Great Dyke.
Table 1. Selected Assay Results for Chip Samples from Channel TOC0717 at Sheep Hill.
Chip Channel TOC0717 was designed to cross the mineralized horizon and test the grade of the exposed mineralization. Results from the chip channel show that copper and nickel are positively correlated with sulfur, and that PGE are positively correlated with chromium.
Table 2. Select Grab Sample Assays from the Ni-Cu-PGM Reef Unit at Sheep Hill, Tonsina.
Assay results from grab samples show that copper and nickel are positively correlated with sulfur, and that PGM are positively correlated with chromium.
Pacific North West Capital Corp is seeking a partner to finance exploration of its 100% owned Tonsina Property, Alaska. An indicative exploration program and budget for 2012‐2013 is $1 million, including phase 1 diamond drill testing of nickel‐copper sulphide and PGM targets in the Tonsina Intrusion.
Digital data sets for the Tonsina Property are available under a signed Confidentiality Agreement. Interested companies should contact Mr. Ali Alizadeh (VP Exploration) or Mr. Bill Stone (President & COO) to sign a CA.
Qualified Person Statement: Technical information provided on this report has been reviewed and approved for technical content by Ali Hassanalizadeh M.Sc. MBA, P.Geo, Vice President Exploration for PFN and a Qualified Person under the provisions of NI 43-101.
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