Ni-Cu-PGE Mineralization Discovered on PFN’s Tonsina Property

VANCOUVER, May 5 /PRNewswire-FirstCall/ — Pacific North West Capital Corp. is pleased to announce the results from the 2007 exploration program conducted at its 100% controlled Tonsina Property located in Southcentral Alaska. Outcrop sampling and mapping completed in September has defined a drill ready nickel, copper, and platinum group element target.

   Highlights from the 2007 exploration program include:    –   Chromite bearing outcrop grab samples contain up to 2.3g/t platinum       and 1.6g/t palladium    –   Chip channel samples of chromite and sulfide bearing outcrop contain       up to 0.86g/t platinum and 1.1g/t, palladium over a 2 meter interval    –   Sulfide bearing outcrop grab samples contain up to 0.97% nickel and       0.58% copper    –   Chip channel samples of sulfide bearing outcrop contain up to 0.75%       nickel over a 2 meter interval   

The 7,360 acre Tonsina Property is centered on Sheep Hill in the northeastern Chugach Mountains only 8 km east of the paved Richardson Highway and approximately 80 road miles north east of the all-weather port of Valdez.

   To view image click on the link:   http://www.pfncapital.com/i/misc/050508image.jpg   

This photo displays typical Sheep Hill nickel, copper, platinum group element mineralization which consists of sulfides (brassy color blebs) and chromite hosted in partially serpentinized ultramafic rocks (charcoal colored foreground). Two samples collected from this outcrop returned values of 0.39% Ni, 0.19% Cu, 616ppb Pt, 856ppb Pd, and 0.49% Ni, 0.25% Cu, 574ppb Pt, 856ppb Pd.

Nickel, copper, and platinum group element mineralization is hosted in dunite and lherzolite within the Tonsina Ultramafic Complex. The mineralized rock units comprise a north dipping magmatic layer. Sulfide and chromite mineralization within this layer define a distinct horizon (reef) up to 30 meters thick that has been mapped and sampled over a strike distance of 900 meters. The mineralized unit extends under cover to the north and west and is truncated to the east by a high angle fault with unknown displacement. This exploration success illustrates the potential for reef style nickel, copper and platinum group element mineralization in other magmatic layers of the Tonsina Ultramafic Complex.

A continuous chip channel sampling program was designed to cross the mineralized horizon and test the vertical extent of the exposed mineralization. Results indicate that copper and nickel correlate with sulfur, and that platinum group elements correlate with chromium. High grade metal anomalies extend over several meter intervals: 44-50 meters – 6 meter interval grading 0.8g/t platinum and 1g/t palladium, and 62-74 meters – 12 meter interval grading 0.59% nickel. The apparent dip of the sulfide horizon at TOC0717 is 67.35degrees, the slope at TOC0717 is 33.69degrees, therefore the true thickness of the 2 m samples is 1.975 m.

   ————————————————————————   From_m  To_m  LabNum  Pt_ppb  Pd_ppb  Cu_ppm  Ni_ppm  S_perc  Cr_ppm   36      38    490155     171     114    1215    3230    0.20    2510   38      40    490156     192     202    1635    4210    0.46    2260   40      42    490157     250     371    1390    4530    0.47    2200   42      44    490158      93     122    1405    5810    0.53    2230   44      46    490159     798    1120     557    3110    0.22    2760   46      48    461551     750     839     496    2490    0.10    6290   48      50    461552     864    1095     781    2570    0.25    7200   50      52    461553     341     418     442    1830    0.14    2650   52      54    461554     116     164    2620    4570    0.70    2090   54      56    461555     131     151    1205    4250    0.66     996   56      58    461556      17      22    1340    3580    0.75     393   58      60    461557      31      53    1175    3650    0.73     831   60      62    461558     113     133    1195    3690    0.43    3860   62      64    461559     333     481    1935    4230    0.55    4760   64      66    461548      33      42    2930    7540    0.76    1360   66      68    487001      28      35    2040    6820    0.75     697   68      70    487002      36      43    1775    5120    0.66    1460   70      72    487003      28      55    2500    6470    0.69    1500   72      74    487004      50      88    2220    5450    0.72    1350   74      76    487005     108     149    1260    3300    0.37    1810   ————————————————————————-    Table 1 Selected geochemistry from Chip Channel TOC0717   

Examination of thin sections from selected mineralized samples at the University of Alaska petrography lab confirms the presence of widespread pentlandite together with millerite and lesser covellite.

The Tonsina project was part of the reconnaissance agreement with Stillwater Mining Company which was terminated in March 2008. This summer PFN’s exploration plans are to continue outcrop sampling and mapping in an effort to expand on the currently identified sulfide and chromite horizon and identify possible mineralized horizons in the alternating magmatic layers. An IP survey is also planned to trace the north dipping mineralized horizon under cover to the west, and north.

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 exploration philosophy is to generate new projects and advance them to the point where they can be joint ventured to major mining companies and funded 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, SOQUEM, First Nickel and Benton Resources.

The Company currently has over $11 million in working capital and securities.

   The Qualified Person for this news release is Curtis Freeman, MS., P. Geo    On behalf of the Board of Directors    “Harry Barr”   Harry Barr, President & CEO   

Disclaimer: 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.

CONTACT: Tel: (604) 685-1870, Fax: (604) 685-8045, Email: info@pfncapital.com, or visit http://www.pfncapital.com/; 2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3

Pacific North West Capital Corp.

CONTACT: Tel: (604) 685-1870, Fax: (604) 685-8045, Email:info@pfncapital.com, or visit http://www.pfncapital.com/; 2303 West 41st Avenue,Vancouver, B.C., Canada, V6M 2A3