VANCOUVER, July 13 /CNW/ - CONSOLIDATED GOLD WIN VENTURES INC. (CGW TSX-V) has completed the 3-D Induced Polarization (IP) survey mapping on its South Dolly Varden gold copper claims in Elko County Nevada. The preliminary IP results show that the near surface response, reflecting the scattered veins and mineralization noted in the preliminary geological mapping, melds into a distinctive large chargeability anomaly at depth. Co-relation of rock and soil samples taken earlier is good with several mineralized outcrops directly above the chargeability anomaly at depth. A review of the 59 grab rock samples taken outlined several anomalous molybdenum analyses (100 ppm range with one associated with the high grade silver sample of 1305 ppm Mo) and anomalous values in uranium (3 samples had 190, 160 and 130 ppm U) all associated with the high grade copper and zinc grab samples (up to 9.34% copper and up to 20.2% zinc). The association of minerals requires further investigation but suggests that the source of the mineralization is quite metaliferrous. This work has been designed to delineate specific drill targets in the skarn and intrusive related mineralization that is analogous to the Fortitude type of gold deposit in east central Nevada. With these initial results, a further geological mapping and sampling program has been initiated. Specific drill targets are being selected from the IP data and the drill permitting process has been commenced. The Dolly Varden area is recognized as a classic eastern Great Basin district with base and precious metals associated with upper Paleozoic sediments intruded by Cretaceous auriferous magmas, which is a similar geological setting to the Battle Mountain Fortitude skarn gold type of deposit. The company is awaiting the caustic fusion diamond analysis by Kennecott's Thunder Bay Ontario Laboratory of this winter's drilling on the Drybones Bay area Mud Lake diamondiferous kimberlite. Laurence Stephenson, P. Eng., a Qualified Person under National Instrument 43-101, has approved the contents of this News Release. Souhail 'Abby' Abi-Farrage, President and Director Consolidated Gold Win Ventures Inc. Vancouver, BC Email: moreinfo(at)v-cgw.com The Canadian Venture Exchange has neither approved nor disapproved of the information contained herein. The statements that are not historical facts are forward-looking statements involving known and unknown risk factors and uncertainties which may cause actual results to vary considerably from these statements. The risks and uncertainties include those described in the company's quarterly filing with the SEC and other period filings.
