Diamonds / GSL Claims

Description

Consolidated Gold Win Ventures Inc. has acquired by option agreement, the 6 mineral claims located 50 kilometers southeast of the city of Yellowknife, NWT. on the eastern shore of Great Slave Lake.

The property is underlain by Archean granitic rocks intruding Burwash Formation sediments of the Yellowknife Supergroup.

A diamondiferous kimberlite occurs beneath a small bay near the mouth of Drybones Bay on the adjacent property.

Airborne and limited ground magnetic surveys have been conducted over the property and 21 holes totaling 5550 meters have been drilled in the kimberlite body on the adjacent property.

The airborne geophysics indicates the occurrence of two anomalies on the property with close affinities to the anomaly associated with the kimberlite. A program to define the airborne magnetic anomalies, consisting of ground magnetic surveys and initial drilling is recommended at a total estimated cost of $100,000.