Consolidated Gold Win Ventures Inc.

Consolidated Gold Win Ventures Inc.

January 19, 2007 03:05 ET

Consolidated Gold Win Ventures Inc.: Third Drill Hole at Dolly Intersects Deeper 160 Foot Heavily Mineralized Zone Below Discovery Hole

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 19, 2007) - CONSOLIDATED GOLD WIN VENTURES INC. (TSX VENTURE:CGW)(PINK SHEETS:CGWVF)(FWB:OUH) reports further on its drilling program on the Dolly Varden Claims, located southeast of Elko, Nevada. Its Consultant QP, Laurence Stephenson and the company President Abby Farrage, visited the drill site this week.

Hole #3 (DV 06-05) has now been completed to a vertical depth of 725 feet and intersected mineralization and garnetiferrous metamorphism from about 500 feet to 660 feet with one particular area (approximately 619 feet to 654 feet) that had several massive sulphide "zones." (Photos will be posted on the web site). Visible chalcopyrite in several blebs were observed in siliceous "veins" both within this zone and throughout the mineralized and metamorphosed intersection.

Several rusty and other altered zones were noted further up the hole and in general the zones correlate well with the mineralized intersections in Drill Hole #1 (DV -06-03) except that the grade of metamorphism appears higher and the amount of sulphide mineralization more copious in this drill hole (approximately 200 feet down dip from Drill hole #1).

This hole is currently being logged and sampled in detail. Drilling of Drill Hole #4 is expected to commence shortly.

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

CGW is a progressive and rapidly advancing junior exploration company with interests in Nevada - South Dolly Varden Copper Gold claims, British Columbia - Yeti Gold claims, North West Territories - Drybones Diamond properties, Quebec - Raglan Platinum Group Metal claims.

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Contact Information

  • Consolidated Gold Win Ventures Inc.
    Shareholder Relations
    (778) 994-6453
    Consolidated Gold Win Ventures Inc.
    Abby Farrage
    (604) 671-4718
    Consolidated Gold Win Ventures Inc.
    Souhail 'Abby' Abi-Farrage
    President and Director
    (604) 671-4718