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Tuesday, May 13, 2008

Ni-Cu-PGE mineralization discovered on PFN's Tonsina Property

VANCOUVER, May 5, 2008 /PRNewswire-FirstCall via COMTEX News Network/ ----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 www.pfncapital.com; 2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3

SOURCE Pacific North West Capital Corp.

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