CGW NEWS UPDATECons Gold Win completes phase 1 at Dolly Varden
Consolidated Gold Win Ventures Inc (C:CGW)
Shares Issued 110,430,429
Last Close 5/11/2007 $0.145
Monday May 14 2007 - News Release
Mr. Laurence Stephenson reports
CONSOLIDATED GOLD WIN VENTURES INC.: PHASE ONE DRILL PROGRAM AT DOLLY COMPLETE-INFORMATION ON PORPHYRY INTRUSIVE COMPILED
Consolidated Gold Win Ventures Inc. has completed the last hole on the phase I drilling program (DV-07-17) on the expanded drilling program on its Dolly Varden claims, in Elko county, Nevada.
This last hole was an extra hole to confirm the strike of the zone intersected in the first drill hole and provides a nice bookend to the almost 10,000 feet of drilling on the claims to date. This amount of core, which is the first drilling ever to be completed on this property, continues to be logged in detail and sampled.
The drill is now being overhauled and refurbished prior to commencing the second phase of drilling. This phase will build on the success of the first phase that has outlined a large buried porphyry with all the implications that that discovery has given the amount of copper-gold mineralization found on surface.
The integration of the geological and mineralized information with the geophysical data is continuing and prior to commencing the phase II drill program, the company plans to develop a detailed model of this significant discovery.
William Timmins, PEng, a qualified person under National Instrument 43-101, has approved the contents of this news release.