Victoria mine returns first stockpile assay samples of up to 5% copper - 3 other stockpiles located

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[{"type":"text","content":"\n\n\n\nVANCOUVER, Jan. 15 /CNW/ - CONSOLIDATED GOLD WIN VENTURES INC. (CGW\nTSX-V, FRANKFURT - OUH, PINKSHEETS - CGWVF) has been informed by Kokanee\nPlacer (USA) Ltd. that initial samples taken have confirmed the high grade\nnature of the oxide mineralization stockpiled by previous operator Anaconda\nMining.\n\n\nAs previously announced, CGW has agreed to fund the test mining operation\nof the oxide mineralization including the permitting of the test in a side\ndeal with Kokanee and will receive 50% of the profits from the proceeds of the\ntest after recovery of its set-up and operating costs.\n\n\nKokanee had 14 samples run on a priority basis to establish an idea of\nthe grade of the copper oxide mineralization Anaconda had stockpiled during\nits mining operation at the Victoria Mine in Elko County, Nevada in the late\n1970's.\n\n\nEleven samples were taken on a modified grid based on the complete\nsurface sampling program that was completed for SGS Lakefield's Laboratories.\nThose samples which are at SGS will be used to conduct 'bottle roll' and\n'column leach' tests to ascertain the recoverability of the copper in the\nmineralization.\n\n\n-------------------------------------------------------------------------\n Sample No. Copper Silver Sample No. Copper Silver\n-------------------------------------------------------------------------\nV-OX- DMP 18S 1.2% 2 g/tonne V-OX- DMP 34 S 2.4% -\n-------------------------------------------------------------------------\n 20 S 5.0% 2 g/tonne 35 S 3.7% 2 g/tonne\n-------------------------------------------------------------------------\n 25 S 1.1% 7 g/tonne 36 S 2.7% 3 g/tonne\n-------------------------------------------------------------------------\n 27 S 3.0% - 39 S 2.1% -\n-------------------------------------------------------------------------\n 29 S 4.2% - 41 S 2.3% 2 g/tonne\n-------------------------------------------------------------------------\n 32 S 2.2% -\n-------------------------------------------------------------------------\n\n\nThe median value is 2.4 % and average is 2.7 %. The samples taken were\nrandom by non geologist samplers from the area and present a fairly accurate\nindication of the whole stockpile area. The close correlation to the reported\nmined grade and resource grade should be noted.\n\n\nA rough calculation of the area of the stock pile sampled...

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