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CGW intersects 4.5 Metres of kimberlite at Mud Lake
CGW intersects 4.5 Metres of kimberlite at Mud Lake.
About this update from Big Bear Gold Corp.
[{"type":"text","content":"\n\n\n\n\nVANCOUVER, April 20 /CNW/ - Consolidated Goldwin Ventures Inc. (CGW) is\npleased to report they have been informed by their joint venture partner that\nthe first hole (Snow-29) in a series of holes currently being drilled on the\nMud Lake diamondiferous kimberlite, has intersected 4.5 meters of kimberlite\nat a depth of approximately 23 - 28 meters.\nAn aggressive drilling program has been progressing on an expedited basis\nwith two shifts operating on a twenty-four hour basis at the Mud Lake\ndiamondiferous kimberlite discovery. As of Wed. April 19, 7pm PT. 3 holes have\nbeen completed. Results from holes 2 and 3 (Snow 30 and Snow 31) will be made\navailable imminently. Current drilling is designed to further delineate and\nidentify the extent of the Mud Lake kimberlite sill complex and to provide\ncore samples for processing by caustic fusion analysis to determine diamond\ncontent. Further drilling is planned for other targets of interest immediately\nfollowing completion of the current Mud Lake program.\nAs previously reported bulk sampling is continuing. The Mud Lake\ndiamondiferous kimberlite is a layered sill structure currently open in three\ndirections. The kimberlite that is being sampled is being exposed by a\ncombination of trenching and removal of a granite cap. When extracted, the\nkimberlite will be crushed, bagged, sealed and transported to the lake edge\nfor onward shipment to Grande Prairie. After processing by De Beers, the\nconcentrate will then be shipped to independent laboratories for the recovery\nof contained diamonds.\nThe Drybones 4 claim is host to the diamondiferous Mud Lake kimberlite.\nThe project is located approximately 55km southeast of Yellowknife, NWT. As\npreviously announced, CGW is earning a 39.6% interest in the Drybones 4 claim.\nGlen Macdonald, P.Eng., a Qualified Person under National Instrument \n43-101, has approved the contents of this News Release.\n\nAbout Consolidated Gold Win Ventures\n------------------------------------\nCGW is a progressive and rapidly advancing junior exploration company\nwith interests in the North West Territories - Drybones Diamond properties,\nNevada - South Dolly Varden Silver/Gold/Copper claims, British Columbia - Yeti\nGold claims, Quebec - Raglan Platinum group metals claims.\n\nSouhail 'Abby' Abi-Farrage, President and Director\nConsolidated...