Consolidated Goldfields Corporation announced drill results from its Fisher Canyon project, Pershing County, Nevada which have confirmed areas of gold mineralization. The company completed 933 meters of reverse-circulation drilling which included 11 holes that were all taken to anticipated depths of up to 100 meters. Drilling at Fisher Canyon continues to confirm and expand upon historic drill results.

Step out holes have been successful in identifying new extensions to the current gold mineralization and the Company has identified nearby targets that warrant additional drilling. In addition, an area of high grade gold values (from 2.52 to 39.30 gpt) discovered this year by surface geochemical sampling will be tested in the next round of exploration both by drilling and trenching. The shallow nature of the mineralization will insure a thorough exploration effort and good drill hole density at low cost.