Pacific North West Capital Corp. - New NI43-101 Resource on the Rock & Roll Gold-Silver-Polymetallic Project, Significantly increases Historic Resource

Pacific North West Capital Corp. ("PFN") (TSX: PFN) (OTCQX: PAWEF) (FSE: P7J) is pleased to announce the Completion of an NI43-101 Technical Report (the Report), including a new Mineral Resource Estimate for the Black Dog Deposit, on the Rock and Roll Gold-Silver-Polymetallic Project, located in Northern BC. This report will be posted to SEDAR within 45 days of this News Release. The Report was prepared by Equity Exploration Consultants Ltd. (Equity) and GeoVector Management Inc. (GeoVector). The resource was estimated by Geovector Management Inc. (Geovector) and incorporated the mineralized zones of the historic drill core and the 540 metres (1772 ft) of the 5 diamond drill holes that were completed by PFN in 2009/2010.

Indicated Resource:

• • 2,155,679 tonnes grading 0.68 g/t gold (47,040 contained oz of Au), and 82.7 g/t silver (5,734,445 contained oz of Ag) at a cut-off grade of 0.5 g/t AuEq
  • including 0.22% Copper (10,500,833 lbs Cu), 0.22% Lead (10,399,960 lbs Pb), and 0.94% Zinc (44,522,995 lbs Zn)
• The Black Dog Deposit is a part of a larger area that includes the SRV Zone hosting precious metal-rich volcanogenic sulphide (VMS) mineralization
• Mineralized occurrences display similarities to Eskay Creek
• Aggressive 2011/12 exploration program slated to expand resource and drill test new areas

The NI43-101 compliant mineral resource estimate in the "indicated" category consists of 2,155,679 tonnes grading 0.68 g/t Au (47,040 contained oz of Au), and 82.7 g/t Ag (5,734,445 contained oz of Ag) at a gold-equivalent cut-off grade of 0.5 g/t. The deposit also contains 0.22% Cu (10,500,833 lbs Cu), 0.22% Pb (10,399,960 lbs Pb), and 0.94% Zn (44,522,995 lbs Zn) or 3.11 g/t gold equivalent (AuEq) for an additional 215,239 oz of Au Eq at the 0.5 g/t AuEq cut-off. The AuEq grade is based on $1000/oz Au, $15.80/oz Ag, $2.92/lb Cu, $0.86/lb Pb and $0.86/lb Zn. Table 1 and 2 gives the mineral resource estimate for the Black Dog deposit at varying cut-off grades.

Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J.F) is a mineral exploration company focused on the exploration and development of one of Canada's largest primary Platinum Group Metals (PGM) deposits, the River Valley PGM Project located in the Sudbury region of Ontario. In addition, the Company has an active gold exploration program near Val d'Or, Québec, one of the world's most famous gold and base metal producing regions. The Company is also advancing a polymetallic project in the Iskut River region of British Columbia. Pacific North West Capital Corp. is also a significant shareholder of Fire River Gold Corp. (FAU:TSX.V) who is developing the Nixon Fork Gold Mine in Alaska

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