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![]() | CGW anticipates successful drill programs (CGW TSX-V, FKFURT OUH, PS CGWVF) VANCOUVER, Feb. 12 CONSOLIDATED GOLD WIN VENTURES INC. (CGW TSX-V, FRANKFURT - OUH, PINKSHEETS - CGWVF) is pleased to announce it has completed its initial analysis of the Mobile Metal Ions (MMI) surveying completed over the Dolly Varden claims in the area of the initial discovery hole of 2006. The MMI survey is used to target directly anomalous metallic mineralization that is buried. To date this has identified anomalous results associated with the initial drill hole that intersected 75 feet of 0.65% copper and that was associated with over 3000 feet of anomalous 3-D IP surveying. Adjacent lines of MMI surveying have indicated that the anomalous results can be traced in association with the 3-D IP trend identified previously. Further surveying to refine this trend and target the deeper drilling targets is anticipated. The company consultants have integrated the analysis of the 3-D Induced Polarization, the aeromagnetic survey data and the geological information from drilling and exploration successfully completed throughout 2006 and 2007 This continuation of exploration in this area, the first since the early 1980's at the close of mining of the nearby Victoria Mine, has identified a large geologic system that is known to be associated with several important discoveries. CGW has drill permitted an additional 10 areas on the Dolly Property as well as 10 areas on the Victoria Mine property. Continuing drill hole discovery success at both properties is anticipated for CGW in the 2008 drilling season. The Dolly Varden area is recognized as a classic eastern Great Basin district with base and precious metals associated with upper Palaeozoic sediments intruded by Cretaceous auriferous magmas. Due to regulatory and intra-company discussions, the company has decided not to proceed with the previously announced financing of flow through and common share units. About Consolidated Gold Win Ventures CGW is a progressive and rapidly advancing junior exploration company with interests in Nevada - Dolly Varden Copper Gold claims and the Victoria Copper Mine, British Columbia - Yeti Gold claims, North West Territories - Drybones Diamond properties, Quebec - Raglan Platinum Group Metal claims. For further information: Shareholder Relations: (778) 994-6453, Abby Farrage: (604) 671-4718; Email: moreinfo@v-cgw.com, Web site: www.v-cgw.com; Souhail 'Abby' Abi-Farrage - President and Director, Consolidated Gold Win Ventures Inc., P.O. Box 48474, Bentall Centre, Vancouver, BC, V5C 2M7
__________________ Information brought to you courtesy of ActionCapitalGroupe.com Sebastien Durand La Centrale Small Caps en Francais Action Capital Groupe |
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