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These exploration programs are fully funded by Gold Win to evaluate the potential of the diamondiferous kimberlites and the region. The Mud Lake Kimberlite is the third diamondiferous kimberlite body discovered to date in the Drybones Bay area 55 kilometres southeast of Yellowknife, Northwest Territory and is underlain by the South Slave Craton which hosts all the currently producing Canadian Diamond mines. Laurence Stephenson, P.Eng, a Qualified Person under National Instrument 43-101, has approved the contents of this News Release. About Consolidated Gold Win Ventures Further information can be obtained by contacting:
We seek Safe Harbor KIMBERLITE SILLS EXTENDED TO THE WEST AT DIAMONDIFEROUS MUDLAKE PROSPECT(VANCOUVER BC; June 8, 2006) CONSOLIDATED GOLD WIN VENTURES INC. (CGW TSX-V) (“Gold Win”) and Snowfield Development Corp. (“Snowfield”) are pleased to report that a further four holes drilled as step outs to the west have intersected kimberlite. Since reporting the intersection of 3.4m of kimberlite Snow 49 had, Holes Snow 50, 51, 52 and 53 adjacent and south of it also intersected kimberlite. Two drill holes intersected three separate kimberlite sills. A complete summary list of the drill holes completed to date will be available in subsequent news releases. In addition to the initial 225 kilograms of samples that is already being processed for diamonds at Kennecott’s Thunder Bay Ontario Laboratory, all the kimberlite core intersected in this recent phase of drilling has been collected and is also being transported there for testing for diamonds by caustic fusion. These additional drill core samples are providing a second diamond core sample and will add further comprehension along with the mini-bulk sample of the area’s kimberlite occurrences. Drilling is continuing with helicopter support on the GTEN 16 target to the east of this area. These exploration programs are fully funded by Gold Win to evaluate the potential of the diamondiferous kimberlites and the region. The Mud Lake Kimberlite is the third diamondiferous kimberlite body discovered to date in the Drybones Bay area 55 kilometres southeast of Yellowknife, Northwest Territory and is underlain by the South Slave Craton which hosts all the currently producing Canadian Diamond mines. Laurence Stephenson, P.Eng, a Qualified Person under National Instrument 43-101, has approved the contents of this News Release. About Consolidated Gold Win Ventures Further information can be obtained by contacting:
We seek Safe Harbor Kimberlite Intersected in Western Step Out at Mudlake Diamondiferous Sill(VANCOUVER BC; May 25, 2006) CONSOLIDATED GOLD WIN VENTURES INC. (CGW TSX-V) (“Gold Win”) and Snowfield Development Corp. (“Snowfield”) are pleased to report that kimberlite has been intersected in the farthest west drill hole to date. Snow 49 has intersected kimberlite over a width of 3.4m (drilling still in progress at time of this report) located 70 metres west of Snow 47 where intercepts of two sills 5.1m and 6.1m in thickness were encountered and sampled. All drill holes continue to intersect kimberlite with most intersecting two sills. This represents an expansion of the area of known kimberlite and confirmation of the presence of two kimberlite sills with widths up to 6 metres. A complete list of drill hole statistics will be made available in subsequent news releases. More kimberlite core is being collected to send to Kennecott’s Thunder Bay Ontario Laboratory to test for diamonds by caustic fusion in addition to samples sent last week. Our current delineation drill program has provided more than anticipated quantities of kimberlite core for analysis by caustic fusion and the locations from which they have come bestowed an intriguing selection. These drill core samples, together with the mini-bulk sample which is well underway, will provide a very comprehensive look at this area’s kimberlite occurrences. Drilling is continuing with helicopter support and additional drilling on other targets in the area will be undertaken once step-out holes are completed. These exploration programs are fully funded by Gold Win to evaluate the potential of the diamondiferous kimberlites and the region. Laurence Stephenson, P.Eng, a Qualified Person under National Instrument 43-101, has approved the contents of this News Release. About Consolidated Gold Win Ventures Further information can be obtained by contacting:
Cons Gold Win raises $1.5-million privately2006-05-23 15:17 ET - News Release Mr. Abby Farrage reports CONSOLIDATED GOLD WIN VENTURES INC. CLOSES $1.5M PRIVATE PLACEMENT Consolidated Gold Win Ventures Inc. has completed its private placement previously reported in Stockwatch news April 5, 2006. As lead agent, Northern Securities Inc. sold a total of 13,313,400 non-flow-through units (NFT units) and 1,405,500 flow-through units (the FT units) for a total of 14,718,900 units. The NFT units were issued at a price of 10 cents per NFT unit and the FT units were issued at a price of 12 cents per FT unit for gross proceeds of $1.5-million. Each NFT unit consists of one non-flow-through common share and one non-flow-through common share purchase warrant. Each warrant will be exercisable into one non-flow-through common share for two years from the closing date at an exercise price of 12 cents. Each FT unit consists of one flow-through common share and one non-flow-through common share purchase warrant. Each warrant will be exercisable into one non-flow-through common share for two years from the closing date at an exercise price of 18 cents. The company paid a 10-per-cent cash commission fee and 2-per-cent lead-broker advisory fee from the gross proceeds of the offering. The company also paid a $10,000 non-refundable work fee to the agent and is responsible for the agent's reasonable costs and expenses. In addition, 2,943,780 compensation options were granted which will entitle the holders to purchase, at an exercise price equal to 10 cents, one NFT unit for a period of two years from the closing date and 100,000 NFT units. Proceeds of the private placement will be used toward financing exploration on the Drybones No. 4 mineral project located in the Northwest Territories, the Dolly Varden mineral project located in Nevada and for general corporate purposes. In addition, the company issued one million common shares to Snowfield Development Corp. in connection with a property option agreement in respect of the the Drybones No. 4 project and also issued 1,437,500 common shares to Kokanee Placer Ltd. pursuant to a finder's fee agreement.
Cons Gold Win agreement for Mud Lake2006-05-19 21:58 ET - Property Agreement Also Property Agreement (C-SNO) Snowfield Development Corp The TSX Venture Exchange has accepted for filing an option agreement, dated April 21, 2006, between Consolidated Gold Win Ventures Inc. and Snowfield Development Corp., pursuant to which Gold Win has acquired an option to acquire 49.5 per cent of the 80-per-cent interest Snowfield can earn in the Drybones No. 4 mineral claim (also known as the Mud Lake property). Snowfield currently holds an option to acquire an 80-per-cent interest in the property pursuant to an agreement dated Nov. 26, 2002 (as amended April 30, 2004, April 30, 2005, Jan. 31, 2006, and April 12, 2006). The original terms of the underlying agreement were accepted by the exchange on Jan. 20, 2003. Assuming Snowfield earns its 80-per-cent interest in the property pursuant to the underlying agreement and the company earns its 49.5-per-cent interest in Snowfield's interest pursuant to the agreement, the company will hold a 39.6-per-cent interest in the property. The property is an exploration stage mineral resource property located in the Great Slave Lake area of the Northwest Territories with the principally targeted resource being diamonds. To exercise its option, the company must: (i) make total cash payment to Snowfield of $1.25-million; (ii) issue a total of five million shares to Snowfield; and (iii) finance a total of $2.5-million in exploration and development work on the property. A finder's fee of 1,437,500 shares is payable by the company to Kokanee Placer Ltd. (a private British Columbia corporation controlled by Laurie Stephenson). Insider participation: None, the company is at arm's length to both Snowfield and the finder.
Cons Gold Win drills westward at Mud Lake2006-05-16 07:40 ET - News Release Mr. Abby Farrage Reports CONSOLIDATED GOLD WIN VENTURES INC.: DRILLING OF WESTERN EXTENSION STARTED-MUDLAKE KIMBERLITE NWT Consolidated Gold Win Ventures Inc.'s consultant visited the Snowfield Development Corp. Mud Lake diamondiferous kimberlite sills drilling site last week and reports that drill has been moved to the west of the some of the thickest intercepts of known kimberlite sill intersections in this season's drilling program. These westward drill sites represent the first drilling in this direction to be undertaken on the sill. The consultant confirmed that 225 kilograms of drill core kimberlite samples will arrive at Kennecott's Thunder Bay, Ont., laboratory early this week for caustic fusion diamond analysis. Drilling will continue over breakup using helicopter support. The ground preparation for the mini-bulk sample was well under way and is expected to progress evenly over the next few weeks. These exploration programs are being financed by Gold Win to evaluate the potential of the kimberlite and region. The Mud Lake kimberlite is the third diamondiferous kimberlite body discovered to date in the Drybones Bay area 55 kilometres southeast of Yellowknife, NWT, and is underlain by the South Slave Craton which hosts all the currently producing Canadian diamond mines. Laurence Stephenson, PEng, a qualified person under National Instrument 43-101, has approved the contents of this news.
Cons Gold drilling expands Mud Lake kimberlite sills
Mr. Abby Farrage reports CAUSTIC FUSION STARTED-MUDLAKE KIMBERLITE NWT Consolidated Gold Win Ventures Inc. and Snowfield Development Corp.'s kimberlite sill intersections in the last three drill holes (Snow 37 and Mud 25 and 26) in conjunction with the previous announced kimberlite intersections have expanded the westward known extent of the Mud Lake diamondiferous kimberlite sills by over 150 metres. Some of the thickest intercepts (up to seven metres of kimberlite) have been encountered in this recent drilling. Over 225 kilograms of drill core kimberlite samples have been shipped for caustic fusion diamond analysis by Kennecott's Thunder Bay, Ont., laboratory. The intersection of the main sill in Mud 25 and 26 is directly on target for the bulk sample adit that will be commenced shortly. This material will be concentrated by De Beers's Grand Prairie, Man., plant and the final concentrate will be divided equally, and shipped to two independent Canadian Laboratories and De Beers's South African laboratory for final evaluation. Drilling is continuing to recover additional core samples of kimberlite and expand the size of the known kimberlite sill. Drilling will continue over breakup using helicopter support. Drilling of the area's other geophysical and geochemical anomalies will be initiated this week. These exploration programs are being financed by Gold Win to evaluate the potential of the kimberlite and region. The Mud Lake kimberlite is the third diamondiferous kimberlite body discovered to date in the Drybones Bay area 55 kilometres southeast of Yellowknife, NWT, and is underlain by the South Slave craton which hosts all the currently producing Canadian diamond mines. Consolidated Gold Win further reports that it has arranged for the predrilling geophysics on the Dolly Varden claims in Elko county, Nevada, to commence by month-end. This work will refine the soil geochem anomalies, with respect to the high base and precious metal grab trends and samples outlined previously. Consolidated Gold Win has also arranged for summer camp facilities in the Yeti claims area to continue the evaluation of the gold and base metal showings on those claims this summer. Laurence Stephenson, PEng, a qualified person under National Instrument 43-101, has approved the contents of this news.
Snowfield, Cons Gold Win hit more kimberlite
See News Release (C-SNO) Snowfield Development Corp Mr. Robert Paterson of Snowfield reports TICHO DRILL RESULTS - KIMBERLITE CONTINUES Snowfield Development Corp. and Consolidated Gold Win Ventures Inc. have received updated results from their continuing drill program on the Mud Lake diamondiferous kimberlite located on the Drybones 4 claim approximately 55 kilometres southeast of Yellowknife, NWT. As previously announced, Gold Win is earning a 39.6-per-cent interest in the Drybones 4 claim from Snowfield. Upon completion of its earn-in, the ownership of the Drybones 4 claim will be Snowfield 40.4 per cent, Gold Win 39.6 per cent and David Smith 20 per cent. The results reported herewith are a continuation of the delineation of the horizontally stacked kimberlite sills. Included are verification holes for the extraction of up to 500 tonnes of bulk sample previously announced. This bulk sample will be the first sample of any significant size to be extracted from any of the diamondiferous kimberlite discoveries in the Drybones Bay are. A decline is being blasted to intersect the kimberlite sill at a vertical depth of approximately 12 metres. The kimberlite will then be extracted, crushed, bagged and sealed under security protocols. The bulk sample, once extracted, will be shipped to Grande Prairie, Alta., for processing by De Beers Canada Exploration in its dense media separation plant. This processing is being supplied at no cost and with no obligation from either Snowfield or Gold Win, a savings of approximately $1-million. Once the processing is complete, the concentrate will be shipped to independent labs for diamond recovery. The following holes have not been previously reported:
The following holes have been drilled to confirm the kimberlite to be extracted for bulk sampling:
Access by fixed wing aircraft to the project has now been suspended as a result of deteriorating lake ice conditions and all future mobilizations and drill moves are being conducted by helicopter.
Cons Gold Win intersects kimberlite sills at Mud Lake2006-05-02 07:41 ET - News Release Mr. Abby Farrage reports MULTIPLE KIMBERLITE SILLS INTERSECTED AT MUD LAKE DIAMONDIFEROUS KIMBERLITE Consolidated Gold Win Ventures Inc. and Snowfield Development Corp. have intersected multiple kimberlite sills in at least four of 12 core holes completed so far at the Mud Lake diamondiferous kimberlite with all 12 holes intersecting kimberlite at widths of up to five metres or more. The intersection of additional kimberlite sills below the main sill as the drilling moves to the west toward the diamondiferous kimberlite pipes intersected by New Shoshoni (approximately four kilometres to the west) is of great interest. The significance of these additional sills has yet to be determined but the increase in kimberlite presence in the region is encouraging. The initial drill core kimberlite samples have been shipped for diamond analysis and drill testing to recover additional drill core samples is continuing. Drill testing of some of the area's other geophysical and geochemical anomalies adjacent to the sill will be initiated once the analysis of the till samples collected previously by Snowfield is complete. The programs are being financed by Gold Win to evaluate the potential of the kimberlite and region. The Mud Lake kimberlite is the third diamondiferous kimberlite body of three kimberlites discovered to date in the Drybones Bay area 55 kilometres southeast of Yellowknife, NWT, and is part of the South Slave craton which hosts all the currently producing Canadian diamond mines. Laurence Stephenson, PEng, a qualified person under National Instrument 43-101, has approved the contents of this news.
CGW to Begin Trading on Frankfurt Exchange May 2VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 1, 2006) - CONSOLIDATED GOLD WIN VENTURES INC. (TSX VENTURE:CGW) Mr. Abby Farrage is pleased to report that trading on the Frankfurt Exchange under the symbol OUH will commence on Tuesday May 2 2006. The Frankfurt Stock Exchange is the world's third largest (behind only the Nasdaq and NYSE) organized exchange-trading market in terms of turnover and dealings in securities. This listing will enable Consolidated Gold Win to attract European institutional and individual investors. Recently, there has been an influx of junior resources companies listing on the Frankfurt market, resulting in tremendous growth in shareholder awareness and shareholder value of those companies. This new listing will not dilute Consolidated Gold Win's shares. President Abby Farrage states, "This is a major step towards furthering the objectives of improving our visibility with the investment community and increasing investor awareness globally. " About Consolidated Gold Win Ventures CGW is a progressive and rapidly advancing junior exploration company with interests in the North West Territories - Drybones Diamond properties, Nevada - South Dolly Varden Silver/Gold/Copper claims, British Columbia - Yeti Gold claims, Quebec - Raglan Platinum group metals claims. The statements that are not historical facts are forward-looking statements involving known and unknown risk factors and uncertainties which may cause actual results to vary considerably from these statements. The risks and uncertainties include those described in the Company's periodic filings on SEDAR. We seek Safe Harbor
HIGH GRADE SILVER, ZINC, COPPER AND GOLD FOUND AT DOLLY VARDEN(VANCOUVER BC; April 27, 2006) CONSOLIDATED GOLD WIN VENTURES INC. (CGW TSX-V) Mr. Abby Farrage reports that exceptionally high grades of silver, zinc and copper as well as significant gold values have been found during recent soil sampling on the Dolly Varden Claims , located southeast of Elko, Nevada. Specifically several grab samples from the vicinity of old pits were taken on the northern part of the claim group in an area of limestones where they were intruded by a rhyolitic (felsic) dyke, two samples returned 1145 ppm silver (33.57 ounces per tonne) and 347ppm silver (10.18 ounces per tonne), (2.67% copper; 20.6% lead; 1.49% zinc and 0.154 ppm gold and 9.34% copper; 1.95% lead; 2.21% zinc and 0.116 ppm gold, respectively). Two other samples from the same area reported high zinc results of 20.2% and 17.7% (2150 ppm copper; 2.84% lead; 23.8 ppm silver and 0.035 ppm gold; and 1050 ppm copper; 6940 ppm lead; 34.1 ppm silver and 0.012 ppm gold; respectively), and one sample high gold values of 2.62 grams (3.01% copper; 327 ppm lead; 9.1 ppm silver and 529 ppm zinc). The soil sampling indicates south-easterly trending soil anomalies in precious and base metals associated with these zones and the related skarn mineralization. All samples were processed by ALS Chemex Labs at their Elko facilities by standard ICP and assay methods. The Dolly Varden Property is a copper gold skarn property located just south of the old Kennecott Victoria Mine which produced over 2 million tons of high grade copper ore in the 1960's. The presence of the high zinc and silver values and gold and copper values will be further investigated to determine their significance. An Induced Polarization survey and further geological sampling and mapping is commencing in May prior to drill testing. As previously announced, drill permitting to complete 3000 feet of drilling on the areas related to known gold and copper mineralization has been initiated. Valuation comparison: Mr Abby Farrage stated,' We are eager to continue our exploration
program at the Dolly Varden Claims. With base and precious metals
prices continuing to rise, our property in Nevada is becoming
increasingly attractive to investors. These early results indicate
the possibility for a potentially economic mineral deposit at
Dolly warranting the exploration work currently underway, including
an extensive drill program.' About Consolidated Gold Win Ventures Further information can be obtained by contacting:
We seek Safe Harbor
April 25, 2006 11:40 ET - News Release Mr. Abby Farrage reports CGW TO LIST ON FRANKFURT EXCHANGEConsolidated Gold Win Ventures Inc. has begun the process of listing on the Frankfurt Stock Exchange. The Frankfurt Stock Exchange is the world's third largest (behind only the Nasdaq Stock Market and New York Stock Exchange) organized exchange-trading market in terms of turnover and dealings in securities. This listing will enable Consolidated Gold Win to attract European institutional and individual investors. Recently, there has been an influx of junior resources companies listing on the Frankfurt market, resulting in tremendous growth in shareholder awareness and shareholder value of those companies. This new listing will not dilute Consolidated Gold Win's shares. President Abby Farrage stated, "Listing on the Frankfurt Stock Exchange should have a major impact on the company's ability to raise capital, to gain new institutional and private shareholders and will greatly increase the profile of Consolidated Gold Win." About Consolidated Gold Win Ventures CGW is a progressive and rapidly advancing junior exploration company with interests in the North West Territories – Drybones Diamond properties, Nevada – South Dolly Varden Silver/Gold/Copper claims, British Columbia – Yeti Gold claims, Quebec – Raglan Platinum group metals claims. Further information can be obtained by contacting: Blair Naughty at (604) 683-3995 or Abby Farrage at (604) 671-4718 Souhail ‘Abby’ Abi-Farrage, President and Director Consolidated Gold Win Ventures Inc. Vancouver, BC Email: moreinfo@v-cgw.com CGW intersects kimberlite in initial five holes at Ticho ProjectVANCOUVER, April 24 /CNW/ - Consolidated Goldwin Ventures Inc. (CGW) and their joint venture partners are pleased to report updated results for the diamond drilling program currently being undertaken at the diamondiferous Mud Lake kimberlite on the Drybones 4 claim (the "Ticho Project"). The current drilling program, commenced April 11, 2006 to provide further delineation of the Mud Lake kimberlite complex has yielded the following results from holes completed or underway: SNOW-29 - (Previously reported) - UTM (NAD 27) Zone 12V 0356602 East, 6889696 North, NQ core, -90 dip or vertical hole, Kimberlite intersected from 24.65 m to 29.15 m (4.5 m intersection) - end of hole at 75.00 m in granite. SNOW-30 - (same set-up as SNOW29) - UTM (NAD 27) Zone 12V 0356602 East, 6889696 North - NQ core -50 dip, 230 true azimuth - Kimberlite intersected from 20.75 m to 25.75 m (5.0 m intersection - 3.5 m true width) - end of hole at 90.53 m in granite. SNOW-31 - UTM (NAD 27) Zone 12V 0356574 East, 6889735 North - NQ core, - 90 dip or vertical hole - first Kimberlite intersected from 27.13 m to 32.96 m (5.83 m intersection) - second Kimberlite intersection from 34.50 m to 34.70 m (0.2 m intersection) - third Kimberlite intersection from 49.50 m to - 50.60 m (1.1 m intersection) - end of hole at 72.24 m in granite. SNOW-32 - (same setup as SNOW-31) - UTM (NAD 27) Zone 12V 0356574 East, 6889735 North - NQ core, -50 dip, 050 true azimuth - Kimberlite intersected from 26.50 m to 32.25 m (5.75 m intersection - 4.06 m true width) - end of hole at 87.48 m in granite. SNOW-33 (full summary awaited) - UTM (NAD 27) Zone 12V 0356548 East, 6889750 North -NQ core, -90 dip or vertical hole - Kimberlite intersected from 14.33 m to 19.70 m (5.07 m intersection) - Second 1 m-wide Kimberlite intersection deeper in hole (not logged)- end of hole at 81.38 m in granite. SNOW-34 (hole in progress, full summary awaited) - (same set-up as SNOW32) - UTM (NAD 27) Zone 12V 0356548 East, 6889750 North - NQ core, - 47 dip, 230 true azimuth - hole currently in progress - not logged. These drilling results are interpreted as being very promising as they indicate the continuation of at least two kimberlite lenses or sill structures. Further analysis of these results will be integrated with results from previously completed holes and reported when available. Kimberlite core from the current drilling program will be submitted to the Kennecott Canada Exploration Inc. Thunder Bay Mineral Processing Laboratory located at Thunder Bay, Ontario for caustic fusion processing and macro/micro-diamond recoveries. As previously reported by Snowfield Development Corporation, bulk sampling is continuing. The Mud Lake diamondiferous kimberlite is a layered sill structure currently open in three directions. The kimberlite that is being sampled is being exposed by a combination of trenching and removal of a granite cap. When extracted, the kimberlite will be crushed, bagged, sealed and transported to the lake edge for onward shipment to Grande Prairie. After processing by De Beers, the concentrate will then be shipped to independent laboratories for the recovery of contained diamonds. The Ticho Project (Drybones 4 claim) is located approximately 55km southeast of Yellowknife, NWT. As previously announced, CGW is earning a 39.6% interest in the Drybones 4 claim which is host to the diamondiferous Mud Lake kimberlite. About Consolidated Gold Win Ventures CGW is a progressive and rapidly advancing junior exploration company with interests in the North West Territories - Drybones Diamond properties, Nevada - South Dolly Varden Silver/Gold/Copper claims, British Columbia - Yeti Gold claims, Quebec - Raglan Platinum group metals claims. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. The statements that are not historical facts are forward-looking statements involving known and unknown risk factors and uncertainties which may cause actual results to vary considerably from these statements. The risks and uncertainties include those described in the Company's periodic filings on SEDAR. We seek Safe Harbor %SEDAR: 00005626E For further information: Further information can be obtained by contacting: Blair Naughty at (604) 683-3995 or Abby Farrage at (604) 671-4718 Souhail 'Abby' Abi-Farrage, President and Director, Consolidated Gold Win Ventures Inc., Vancouver, BC, Email: moreinfo@v-cgw.com
CGW intersects 4.5 Metres of kimberlite at Mud LakeVANCOUVER, April 20 /CNW/ - Consolidated Goldwin Ventures Inc. (CGW) is pleased to report they have been informed by their joint venture partner that the first hole (Snow-29) in a series of holes currently being drilled on the Mud Lake diamondiferous kimberlite, has intersected 4.5 meters of kimberlite at a depth of approximately 23 - 28 meters. An aggressive drilling program has been progressing on an expedited basis with two shifts operating on a twenty-four hour basis at the Mud Lake diamondiferous kimberlite discovery. As of Wed. April 19, 7pm PT. 3 holes have been completed. Results from holes 2 and 3 (Snow 30 and Snow 31) will be made available imminently. Current drilling is designed to further delineate and identify the extent of the Mud Lake kimberlite sill complex and to provide core samples for processing by caustic fusion analysis to determine diamond content. Further drilling is planned for other targets of interest immediately following completion of the current Mud Lake program. As previously reported bulk sampling is continuing. The Mud Lake diamondiferous kimberlite is a layered sill structure currently open in three directions. The kimberlite that is being sampled is being exposed by a combination of trenching and removal of a granite cap. When extracted, the kimberlite will be crushed, bagged, sealed and transported to the lake edge for onward shipment to Grande Prairie. After processing by De Beers, the concentrate will then be shipped to independent laboratories for the recovery of contained diamonds. The Drybones 4 claim is host to the diamondiferous Mud Lake kimberlite. The project is located approximately 55km southeast of Yellowknife, NWT. As previously announced, CGW is earning a 39.6% interest in the Drybones 4 claim. Glen Macdonald, P.Eng., a Qualified Person under National Instrument 43-101, has approved the contents of this News Release. About Consolidated Gold Win Ventures CGW is a progressive and rapidly advancing junior exploration company with interests in the North West Territories - Drybones Diamond properties, Nevada - South Dolly Varden Silver/Gold/Copper claims, British Columbia - Yeti Gold claims, Quebec - Raglan Platinum group metals claims. Souhail 'Abby' Abi-Farrage, President and Director Consolidated Gold Win Ventures Inc. Vancouver, BC Email: moreinfo@v-cgw.com The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. The statements that are not historical facts are forward-looking statements involving known and unknown risk factors and uncertainties which may cause actual results to vary considerably from these statements. The risks and uncertainties include those described in the Company's periodic filings on SEDAR. We seek Safe Harbor %SEDAR: 00005626E For further information: can be obtained by contacting Blair Naughty at (604) 683-3995 or Abby Farrage at (604) 671-4718
Drilling and Bulk Sampling Update on Mud Lake diamondiferous SillVANCOUVER, April 10 /CNW/ - Consolidated Goldwin Ventures Inc. (Goldwin) is pleased to update the activities currently underway at the Drybones 4 claim, host to the diamondiferous Mud Lake kimberlite. The project is located approximately 55km southeast of Yellowknife, NWT. As previously announced, Goldwin is earning a 39.6% interest in the Drybones 4 claim from Snowfield. Upon completion of their earn in the ownership of the Drybones 4 claim will be Snowfield 40.4%, Goldwin 39.6%, and David Smith 20%. The focus of exploration now underway includes further delineation drilling of the Mud Lake kimberlite complex; exploration drilling of a number of discrete kimberlite indicator mineral trains which are coupled with geophysical anomalies to locate more kimberlite bodies on the claim; and the extraction of up to 500 tonnes of kimberlite for shipment to De Beers Canada Exploration dense media separation plant located in Grande Prairie, Alberta. The kimberlite delineation drilling is progressing on a double shift per day basis with crews and equipment having been mobilized over the weekend of April 8th, 2006. Titan Drilling Ltd. of Yellowknife, NWT have been contracted to supply the crews and equipment necessary to conduct this program. A Boyles 23 drill, currently on site and drilling adjacent to the area being exposed for the taking of the bulk sample will also be used to conduct the exploratory drilling on targets to the north and east of the Mud Lake kimberlite. These targets include, but are not limited to, Pond, Sipper and Half Moon Lakes. All kimberlite recovered will be logged and subject to caustic fusion testing to determine the presence of macro and micro diamonds. Following the closure of the first ice road due to adverse ice conditions, a second ice road has now been opened closer to the shoreline on the eastern edge of Great Slave Lake to facilitate the mobilization this week of extra equipment to the bulk sampling project site. The Mud Lake kimberlite is a layered sill structure currently open in three directions. The kimberlite that is being sampled is being exposed by a combination of trenching and removal of a granite cap. When extracted, the kimberlite will be crushed, bagged, sealed and transported to the lake edge for onward shipment to Grande Prairie. After processing by De Beers, the concentrate will then be shipped to independent laboratories for the recovery of contained diamonds. The equipment needed for this operation is either on site or being mobilized. This includes crawler tractors, scoop trams, a Jumbo drill and compressor, a tracked excavator and a crushing plant. A number of soil samples previously taken are now being processed by Overburden Drilling Management Ltd. Of Nepean, Ontario for the identification of further kimberlite indicator minerals. The proximity of the project to the city of Yellowknife combined with the presence of a fully winterized twenty man camp provides great flexibility in the conduct of this comprehensive exploration program. Further updates can be expected in a timely manner. We seek safe harbor %SEDAR: 00005626E For further information: Further information can be obtained by contacting Abby Farrage at (604) 671-4718
Cons Gold Win to raise $1.5-million privately2006-04-05 16:51 ET - News Release Mr. Souhail Abi-Farrage reports Consolidated Gold Win Ventures Inc. has engaged Northern Securities Inc. to raise up to $1.5-million by way of a brokered private placement. The closing date is on or before May 1, 2006. Under the private placement, the company plans to sell up to six million non-flow-through units at a price of 10 cents per non-flow-through unit and up to 7.5 million flow-through units at a price of 12 cents per flow-through unit. Each non-flow-through unit consists of one common share and one non-flow-through common share purchase warrant, exercisable at 12 cents per share for a period of 24 months from closing. Each flow-through unit consists of one flow-through common share and one non-flow-through common share purchase warrant, exercisable at 18 cents per share for a period of 24 months. The company will pay the agent a commission of 10 per cent of the total gross proceeds of the private placement and a 2-per-cent lead broker financial advisory fee payable at closing. In addition, the company will issue to the agent, at closing, broker warrants equal to 20 per cent of the number of the non-flow-through units and flow-through units sold pursuant to the private placement. The broker warrants entitle the holder to purchase non-flow-through units at 10 cents per non-flow-through unit at any time prior to the date that is two years from closing. The agent shall also receive a $10,000 and 100,000 non-flow-through units as a work fee at closing. Proceeds of the private placement will be used for further exploration and development program and for general corporate purposes. The gross proceeds from the sale of flow-through units will be used to incur exploration and development expenses which qualify as Canadian Exploration Expenses under the Income Tax Act (Canada). The private placement is subject to the acceptance of the TSX Venture Exchange, and all securities shall be subject to a four-month hold period.
DRILLING COMMENCED ON DIAMONDIFEROUS MUD LAKE SILL(VANCOUVER BC; April 4, 2006) CONSOLIDATED GOLD WIN VENTURES INC. (CGW TSX-V) Subsequent to the announcement of Consolidated Gold Win Ventures Inc. ("Gold Win") and Snowfield Development Corp. ("Snowfield") having executed a Letter of Intent Agreement (CGW NR06-09), Gold Win is pleased to report that further drill testing has commenced on the diamondiferous Mud Lake kimberlite sill. The initial drill program is intended to recover sufficient quantities of kimberlite for further diamond analysis to augment the recent positive tests conducted on scattered samples taken from previous drilling which confirmed the presence of diamonds in the sill. Snowfield and Gold Win, as joint operators, intend to drill as much of the known kimberlite as deemed necessary to achieve this objective, while facilitating the further delineation of the sill. Drill testing is planned for numerous other intriguing geophysical and geochemical anomalies adjacent to the sill which form part of the Drybones No. 4 Mineral Claim. In conjunction with this latter exploration, 45 till samples collected previously by Snowfield are being analysed to assist in determining target priorities. Both programs are being funded by Gold Win to further evaluate
the potential of the Mud Lake diamondiferous kimberlite and surrounding
region. Site clearing and trenching commenced over the weekend of March 18, 2006. The trenching is designed to expose the kimberlite at the point of its subcrop under approximately 11 metres of glacial overburden. If groundwater conditions permit, the exposed kimberlite will then be extracted for onward shipping and processing. Snowfield has hired Dave Nickerson, MSc, PEng, to be the engineer of record for the taking of the bulk sample. The Mud Lake Kimberlite is the third diamondiferous kimberlite body of three kimberlites discovered to date in the Drybones Bay area 55 kilometres southeast of Yellowknife, Northwest Territory and is part of the South Slave Craton which hosts all the currently producing Canadian Diamond mines. About Consolidated Gold Win Ventures Further information can be obtained from the company's web site www.v-cgw.com or by contacting Abby Farrage @ 604-671-4718 Souhail 'Abby' Abi-Farrage, President and Director
Consolidated Gold Win hires Blair Naughty for investor relations2006-04-03 12:33 ET - News Release Mr. Abby Abi-Farrage reports Consolidated Gold Win Ventures Inc. has appointed Blair Naughty as its new investor relations consultant. Mr. Naughty brings 17 years of experience in the securities industry as an institutional trader, market maker and head trader at a mutual fund. He has held positions at Midland Doherty, Sprott Securities, Yorkton Securities and Infinity Mutual Funds. In the last seven years, Mr. Naughty has been supplying management advisory services to several publicly traded companies and has assisted them in their financing and strategic needs. The corporation has signed a 12-month consulting agreement with Mr. Naughty to provide the company with investor relations services at a rate of $7,500 plus GST per month. Mr. Naughty will be offering advice to management on a variety of issues, including the structuring of anticipated financings and he will offer services that include corporate communications, public relations and investor relations. Mr. Naughty will be granted options equal to 2 per cent of the outstanding shares. These options will vest quarterly over the next year and will be exercisable at 10 cents per share for a period of two years. The transactions set out herein are subject to approval from the TSX Venture Exchange.
MARCH Cons Gold to option Snowfield's Drybones No. 4 claimConsolidated Gold Win Ventures Inc (TSX-V:CGW) Also Snowfield Development Corp (TSX-V:SNO) News Release Mr. Souhail Abi-Farrage of Consolidated Gold reports CGW OPTIONS DIAMONDIFEROUS KIMBERLITE Consolidated Gold Win Ventures Inc. and Snowfield Development Corp. confirm that they have executed a letter of intent agreement that outlines the principles under which Consolidated Gold Win will be granted an option to earn an interest in the Drybones No. 4 mineral claim. The Drybones No. 4 mineral claim forms part of Snowfield's Ticho diamond project, which is located 55 kilometres southeast of Yellowknife, NWT, in the Archean Slave geological province, and hosts the Mud Lake kimberlite sill, discovered by Snowfield in winter/spring of 2003. Recent tests conducted on diffused remaining core samples from previous drilling have proven that the Mud Lake kimberlite is diamondiferous. Snowfield and Consolidated Gold Win, as joint management operators, are confident that the drilling and bulk sampling programs, to be paid for by Consolidated Gold Win, will add substantially to the quantification and further evaluation for the commercial potential of the kimberlite. An aggressive drill campaign is also planned for additional prospective targets identified within the Drybones No. 4 mineral claim area to test for further kimberlites adjacent to the Mud Lake diamondiferous sill. Snowfield currently holds an option to earn an 80-per-cent interest in the Drybones No. 4 mineral claim, pursuant to an agreement with David Smith of Yellowknife, NWT, dated Nov. 26, 2002, as amended on April 30, 2004, and Jan. 31, 2006. Under the terms of the letter of intent, Snowfield and Consolidated Gold Win will become joint operators with the execution of a formal option whereby Snowfield will grant Consolidated Gold Win an option to earn 49.5 per cent of its interest in the Drybones No. 4 mineral claim. To exercise the option, Consolidated Gold Win must pay Snowfield a total of $1.25-million in staged payments and issue to Snowfield five million common shares of its capital stock over a one-year period. Consolidated Gold Win must also finance a total of $2.5-million in exploration and development work on the Drybones No. 4 mineral claim. The Mud Lake kimberlite is the third diamondiferous kimberlite body of three kimberlites discovered to date in the Drybones Bay area, and is part of the South Slave craton, which hosts all the currently producing Canadian diamond mines. Consolidated Goldwin announces 3,000 foot drill program scheduled for Nevada Gold and Copper PropertyVANCOUVER, March 8 /CNW/ - CONSOLIDATED GOLD WIN VENTURES INC.
(CGW The South Dolly Varden gold claims are located in the Dolly Varden district, southeast of Elko, Elko County, Nevada. The area is recognized as a classic eastern Great Basin district with base and precious metals associated with upper Paleozoic sediments intruded by Cretaceous auriferous magmas. The 18-claim South Dolly Varden property is adjacent to the Victoria mine, which operated in the 1970s and 1980s producing over 24 million pounds of copper and the Dolly Varden property which produced gold and copper. Work done previously by Noranda reported significant values of copper (up to 1.3 per cent) and gold (up to 4.27 grams per tonne), in grab samples, related to gold-copper porphyry and/or skarn system associated with felsic intrusive dikes. Further sampling and a detailed Induced Polarization (IP) survey is being planned. Data review and interpretation is ongoing to complete this current program of geological mapping, systematic rock sampling and IP geophysical surveying prior to and in aid of selecting favourable drilling locations on the property as well as satisfying Nevada regulatory permitting requirements. The permitting process is expected to take approximately 2 months to complete. Drilling is anticipated to commence by late May. Laurence Stephenson, P. Eng., a Qualified Person under National Instrument 43-101, has approved the contents of this News Release. Souhail ''Abby'' Abi-Farrage, President and Director JANUARY Cons Gold Win JV to resume Drybones drilling on Jan. 16News Release Also News Release (C-SNO) Snowfield Development Corp Mr. Souhail Abi-Farrage of Consolidated Gold Win reports DIAMOND EXPLORATION TO CONTINUE AT DRYBONES BAY Consolidated Gold Win Ventures Inc. has been informed its joint venture partner Snowfield Development Corp.'s drilling exploration program for 2006 on GTen 16 in the Drybones Bay, Great Slave Lake, kimberlite camp will commence the week of Jan. 16, 2006. Consolidated Gold Win Ventures has an option to earn a 49-per-cent interest in the GTen 16. The GTen 16 property, located 15 kilometres northeast of Snowfield's Mud Lake kimberlite discovery and approximately 18 kilometres east of New Shoshoni's two diamondiferous kimberlite pipe discoveries, had an initial drill hole completed on one target from the ice this last winter, before the drill was moved to test the Defeat Lake anomaly of New Shoshoni's Fate claim (Consolidated Gold Win was granted a 10-per-cent interest for its part). Glen Macdonald, PGeo, a qualified person under National Instrument 43-101, has approved the contents of this news release. Delineation geophysics on the GTen 16 has outlined a strong high and low magnetic anomaly on the GTen 16 claim which is typical of kimberlites elsewhere. The high was tested from the ice and the low remains to be drill tested this winter as this significant anomaly has not been explained. Ice conditions have improved to enable access to the drill sites after a mild and late start to winter in this region. Consolidated Gold Win continues to use its experience in getting
the only other 2004 land-use permit in the Drybones Bay area,
to obtain permits on its other properties and target areas in
the area. We seek Safe Harbor. Cons Gold Win to raise $350,000 at five cents2006-01-06 19:41 ET - News Release Further to news in Stockwatch dated Nov. 8, 2005, Consolidated Gold Win Ventures Inc. has entered into private placements for the sale of seven million units at five cents per unit for a total of $350,000, where each unit consists of one common share of the company and one share purchase warrant having a two-year term for the purchase of one further common share of the company at the exercise price of 10 cents per share. The total placement will be broken into both flow-through and non-flow-through shares and warrants. The maximum allowable finder's fee will be payable.
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