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MINING MARKETS & INVESTMENT NEWS — Venturex to drill near Sudbury

Posted By: Northern Miner Staff October 4, 1999

Partners Consolidated Venturex Holdings (CVA-V) and Pacific North West Capital (PFN-A) will drill-test two copper-nickel-plantinum-palladium properties near Sudbury, Ont.

Mapping on the Davis-Kelly property has identified a gently dipping, sheet-like body of mineralization with disseminated sulphides over 1,200 metres. Surface sampling has returned up to 6.3 grams of platinum group metals per tonne.

Mapping and sampling on the Sargesson Lake property has confirmed the presence of PGM values associated with previously discovered copper and nickel sulphides. (An 8-hole program in the 1960s intersected 0.36% copper and 0.19% nickel over less than 4.6 metres, though no PGM assays were reported.)

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COMPANY: Black Panther Mining CorpPacific North West Capital CorpPlatinum Group Metals Ltd
 

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