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Just
Released December 11, 2007
Pacific North
West Capital Corp. and First Nickel Inc.
Sign Joint Venture on Raglan Hills Project
Vancouver, Canada --
December 11, 2007: Pacific North West Capital
Corp. ("PFN") (TSX: PFN) and First Nickel
Inc. (TSX : FNI) ("First Nickel") are pleased to
report that they have entered into a Joint
Venture agreement to undertake exploration on
the Raglan Hills Project. The Raglan Hills
Project is situated northeast of Bancroft in the
Province of Ontario and comprises 21
claim blocks totalling 2,752 hectares.
The Raglan Hills Project is located over the
northeastern portion of the Raglan Hills
Intrusive Complex. The Complex is a
differentiated mafic intrusive composed
primarily of meta-gabbro with lesser proportions
of meta-pyroxenite. The more mafic, pyroxenitic
units host historical, nickel and copper
sulphide showings and may represent the feeder
system to the Intrusive Complex. Minimal
exploration has occurred since the late 1980's
and the property has potential to host economic
nickel-copper sulphide zones within this feeder
system. The exploration program will be designed
to identify and test priority areas within the
property boundaries.
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First Nickel Inc.
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DEVELOPMENT STAGE |
CODE : FNI.TO |
ISIN : CA33582W1068 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
First Nickel is a nickel exploration company based in Canada. First Nickel develops nickel, cobalt, copper, gold, palladium, platinum and silver in Canada, and holds various exploration projects in Canada. Its main assets in development are LOCKERBY MINE and PREMIERE RIDGE in Canada and its main exploration properties are RAGLAN HILLS, LANDORE/ WEST GRAHAM, MORGAN-LUMSDEN, BELMONT PROJECT, WEST GRAHAM, FOY MOUTH, KAMISKOTIA and DUNDONALD in Canada. |